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Fanatics Sportsbook & Casino Launches in New Jersey

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Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc, a global digital sports platform, launched the Fanatics Sportsbook & Casino today in New Jersey.

Sports fans living in and visiting New Jersey will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics Sportsbook and Casino experience. The Fanatics Sportsbook is now available to approximately 95% of the addressable online sports bettor market in the U.S.

On April 3, 2024, Fanatics Betting and Gaming completed its acquisition of the U.S. businesses of PointsBet. Today in New Jersey, PointsBet customers’ username, password, account balance, rewards points and responsible gaming settings will be automatically migrated to the Fanatics Sportsbook. New Jersey is the final PointsBet state and marks the twentieth state for the Fanatics Sportsbook and fourth state for Fanatics Casino.

The Fanatics Sportsbook makes being a fan easy with fast signup, easy betting, transparent withdrawals and is disrupting the sports betting industry with the following new features:

  • Building a better sportsbook: The Fanatics Sportsbook app was built natively on iOS and Android. The design, speed and quality of the navigation experience rival the sports betting apps in the market today that were not built specifically for iOS and Android.
  • FanCash: Get up to 5% FanCash back on bets, win or lose. Every bet gets you closer to more rewards like team merchandise, bonus bets, and more.
  • Live Betting: Real-time game and stat updates keep customers informed.
  • Discover: Get everything a customer cares about—marquee games, key stats and trending bets delivered straight to the Discover feed.
  • Search: Find promos, bets, and trending topics all from the advanced search functionality. Bet directly from the search results and spend time enjoying the game, not looking for a bet.
  • One App, One Wallet: Fanatics customers in NJ will now have a seamless sports betting experience and can travel to other legal sports betting states (like NY, PA and CT) to place wagers using one app and one wallet on the Fanatics Sportsbook.

Fanatics Sportsbook Discover Page Baseball

As part of the launch in New Jersey, Fanatics Betting and Gaming will also launch its new online casino, embedded in the Fanatics Sportsbook app. The newly designed Fanatics Casino will feature a range of classic and popular casino favorites like roulette, slots and blackjack along with offering customers the following exciting new features:

  • Play with IGT Play Digital: Fanatics Casino players can enjoy a range of highly engaging IGT PlayDigital games including many of the classic titles that iGaming players love including Cash Eruption™, Fortune Coin™ and Cleopatra™, as well as a suite of MegaJackpots™ titles, proprietary table games and video poker content.
  • Evolved Live Casino Games: Fanatics Casino has partnered with Evolution to provide customers with world-leading live casino games including Blackjack, Roulette, Craps, Baccarat and Poker variants. In addition, Evolution will provide Fanatics Casino with an exciting lineup of online slots, the award-winning Lightning Roulette, and many more.
  • Wonderful New Games: Light & Wonder will provide Fanatics Casino with a wide range of the company’s first party titles, including top-performing games 88 FORTUNES™, JIN JI BAO™ ENDLESS TREASURES™, DANCING DRUMS EXPLOSION™, and ULTIMATE FIRE LINK™ CHINA STREET™. In addition, Light & Wonder will offer Fanatics Casino customers access to third party aggregated content from some of the world’s biggest studios such as Big Time Gaming, Reel Play and Hacksaw.
  • Rewards: Casino customers can earn FanCash back on bets, spins and hands.
  • Fanatics Game Studios: Fanatics Betting and Gaming has produced exclusive content including the new Fanatics Blackjack and Fanatics Multi-Hand Blackjack games developed in partnership with Boom Entertainment.

To download images and videos of the Fanatics Sportsbook and Casino, visit the Fanatics Media Center and for more news and information, follow us on X.

Must be 21+. Gambling Problem? Call 1-800-GAMBLER

 

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Quick Custom Intelligence Unveils One Big Beautiful Bill ‑Optimized Win/Loss Toolkit – A Simple Path Through the 90% Cap

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Quick Custom Intelligence Unveils One Big Beautiful Bill ‑Optimized Win/Loss Toolkit – A Simple Path Through the 90% Cap

 

Quick Custom Intelligence (QCI) announced the release of its trade secret protected BBB‑Optimized Win/Loss toolkit, a new package available across QCI Host®, QCI Marketing®, and QCI Player™ that helps casinos and their patrons navigate the upcoming 90% wagering‑loss cap contained in the “One Big Beautiful Bill Act.” (BBB).

Built With Gaming‑Tax Experts

Working hand‑in‑hand with nationally recognized gaming advisors, QCI has engineered a turnkey toolkit that will ensure that more than 99% of players experience zero to minimal tax impact—from penny‑slot enthusiasts to high‑limit table gamers.

“Our customers asked how to keep their players engaged once the BBB Act takes effect. We worked through the long weekend and delivered a compliance‑ready answer that puts actionable information in both the patron’s and the accountant’s hands—while keeping our intellectual property secure,” said Andrew Cardno, Co‑Founder & CTO of QCI.

Key Features

Proprietary Tax‑Optimization Engine – Automatically aggregates each player’s activity using QCI’s confidential methodology, delivering precise win/loss figures compliant with BBB requirements.

90%‑Cap Readiness Dashboard – Highlights any year‑to‑date gain total that exceeds 90% of losses, flagging potential “phantom‑income” exposure before tax filing day, and suggests remedial actions that are available to the player.

One‑Click CPA Export – Generates a clean PDF/CSV packet suitable for Form 1040 attachment—eliminating the need for manual spreadsheets.

Rapid Roll‑Out – Delivered as a standard content pack; no schema changes, no downtime.

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Availability

The BBB‑Optimized Win/Loss toolkit is shipping today to all cloud and on‑prem customers running AGI55 or later. Operators can enable it in hours via routine configuration.

Quick Custom Intelligence (QCI) builds award‑winning operational, marketing, and player‑development tooling for the global gaming industry.

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BOYD GAMING TO SELL FANDUEL INTEREST FOR $1.755 BILLION

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BOYD GAMING TO SELL FANDUEL INTEREST FOR $1.755 BILLION

 

All-Cash Transaction Unlocks Significant, Unrealized Value for Boyd Shareholders
Boyd, FanDuel Extend Market-Access Agreements through 2038

Boyd Gaming Corporation announced it has entered into a definitive agreement to sell the Company’s 5% equity interest in FanDuel Group to Flutter Entertainment plc for cash consideration of $1.755 billion.

The transaction is expected to close in the third quarter of 2025, subject to regulatory approvals. The Company intends to use net proceeds to reduce debt.

Keith Smith, President and Chief Executive Officer of Boyd, said: “This transaction unlocks the tremendous unrealized value that our investment in FanDuel has created for our Company. As a result, we are in a significantly stronger financial position to continue executing our strategy of investing in our properties, pursuing growth opportunities, returning capital to our shareholders, and maintaining a strong balance sheet.”

In addition to purchasing Boyd’s equity interest in FanDuel, Boyd and FanDuel will terminate certain existing market-access agreements between the parties and enter into new agreements to provide, among other things, for an extended term through 2038. The agreements will also provide Boyd with a fixed fee per state from FanDuel’s mobile sports-betting operations in Iowa, Indiana, Kansas, Louisiana and Pennsylvania, as well as FanDuel’s online casino operations in Pennsylvania, upon the close of this transaction.  FanDuel will also continue to operate Boyd’s retail sportsbooks outside of Nevada through mid-2026, after which time Boyd will assume responsibility for these operations.

Under terms of the revised market-access agreements with FanDuel, the Company now expects its Online segment will generate $50 million to $55 million in operating income and Adjusted EBITDAR for the full year 2025, and approximately $30 million in 2026.

Smith added: “The partnership between Boyd and FanDuel has been a remarkable success for both companies.  FanDuel has emerged as the nation’s clear leader in online sports-betting, while Boyd has been able to leverage this partnership to profitably participate in the rapid growth of sports betting across the country.  It has been a privilege to work with the Flutter and FanDuel teams, and we look forward to supporting FanDuel’s continued growth and success through our market-access agreements across the country.”

Moelis & Company LLC served as exclusive financial advisor to Boyd Gaming on the transaction.  Morrison & Foerster LLP served as legal advisor to Boyd Gaming on the transaction, with Brownstein Hyatt Farber Schreck, LLP advising on the commercial agreements.

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Financial reports

Detroit Casinos Report $101M in June Revenue

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The three Detroit casinos—MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown—collectively generated $101.04 million in revenue for June 2025.

Table games and slot machines accounted for $100.38 million of the monthly total, while retail sports betting contributed $665,435.

June 2025 Market Share:

• MGM Grand Detroit: 48%

• MotorCity Casino: 31%

• Hollywood Casino at Greektown: 21%

Table Games and Slot Machine Revenue

Revenue from table games and slots decreased by 4.0% compared with June 2024 and dropped 11% from May 2025. For the first half of 2025 (January 1 – June 30), combined table games and slots revenue was down 0.8% year-over-year.

Casino-specific revenues compared to June 2024 were:

• MGM Grand Detroit: $48.43 million, down 0.6%

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• MotorCity Casino: $30.63 million, down 2.7%

• Hollywood Casino at Greektown: $21.32 million, down 12.5%

The three casinos paid $8.1 million in state gaming taxes in June 2025, down from $8.5 million in June 2024. They also submitted $11.9 million in wagering taxes and development agreement payments to the City of Detroit.

Retail Sports Betting Revenue

In June 2025, the casinos reported a combined retail sports betting handle of $7.2 million, generating $666,374 in gross receipts. Qualified adjusted gross receipts (QAGR) from retail sports betting fell 25.1% from June 2024 and 48.1% from May 2025.

QAGR by casino:

• MGM Grand Detroit: $275,397

• MotorCity Casino: $242,069

• Hollywood Casino at Greektown: $147,969

The casinos paid $25,153 in state taxes from retail sports betting revenue and submitted $30,743 in wagering taxes to the City of Detroit.

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Fantasy Contests

Fantasy contest operators reported $716,927 in adjusted revenues for May 2025 and paid $60,222 in taxes.

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