The United States sports betting market has expanded rapidly since the Supreme Court’s overturning of the Professional and Amateur Sports Protection Act (PASPA) in May 2018, giving individual states the authority to legalise and regulate sports wagering within their borders. In the years since, more than 30 states plus Washington D.C. have launched legal markets, with a combination of national operators, international entrants, and regional brands competing for market share.
This page provides a reference guide to the licensed sports betting operators currently active in the United States, covering each operator’s background, ownership, market entry history, and the states in which they hold active licences. It is updated on a regular basis to reflect new market launches, licence changes, and regulatory developments.
Contents
FanDuel Sportsbook
FanDuel was founded in 2009 in Edinburgh, Scotland, initially as a daily fantasy sports platform. It launched in the United States that same year and quickly grew to become one of the leading daily fantasy operators in the country. Following the Supreme Court’s overturning of the Professional and Amateur Sports Protection Act (PASPA) in 2018, FanDuel pivoted aggressively into regulated sports betting, launching its first sportsbook in New Jersey in September 2018. The company is owned by Flutter Entertainment, the Dublin-headquartered global gambling group, which acquired full control of FanDuel’s US business in 2021.
FanDuel is consistently ranked as the market share leader in US online sports betting, commanding an estimated 35–40% of the national handle in most reporting periods. Its product suite extends to iGaming in five states and horse racing through the FanDuel Racing app. The operator maintains official league partnerships with the NBA, NHL, MLB, PGA Tour, and WNBA.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2021 | Online + Retail |
| Arkansas | 2026 | Online |
| Colorado | 2020 | Online |
| Connecticut | 2021 | Online + Retail |
| Illinois | 2020 | Online + Retail |
| Indiana | 2019 | Online + Retail |
| Iowa | 2020 | Online + Retail |
| Kansas | 2022 | Online + Retail |
| Kentucky | 2023 | Online |
| Louisiana | 2022 | Online + Retail |
| Maryland | 2022 | Online |
| Massachusetts | 2023 | Online |
| Michigan | 2021 | Online + Retail |
| Missouri | 2025 | Online |
| New Jersey | 2018 | Online + Retail |
| New York | 2022 | Online + Retail |
| North Carolina | 2024 | Online |
| Ohio | 2023 | Online + Retail |
| Pennsylvania | 2019 | Online + Retail |
| Tennessee | 2020 | Online |
| Vermont | 2024 | Online |
| Virginia | 2021 | Online |
| Washington D.C. | 2020 | Online + Retail |
| West Virginia | 2019 | Online + Retail |
| Wyoming | 2021 | Online |
DraftKings Sportsbook
DraftKings was founded in Boston, Massachusetts in 2012 by Jason Robins, Matt Kalish, and Paul Liberman, initially as a daily fantasy sports platform. Following the PASPA repeal in 2018, it launched its first regulated sportsbook in New Jersey in August 2018. DraftKings is listed on the Nasdaq stock exchange under the ticker DKNG and is the only US-based vertically integrated sports betting operator, developing its own proprietary technology stack in-house.
The company has grown into one of the two dominant forces in US online sports betting alongside FanDuel. DraftKings has pursued an aggressive acquisition strategy, purchasing VSiN, Golden Nugget Online Gaming, and Jackpocket, among other assets. The operator holds official sports betting partnerships with the NBA, MLB, NHL, PGA Tour, WNBA, and NASCAR.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2021 | Online + Retail |
| Arkansas | 2026 | Online |
| Colorado | 2020 | Online |
| Connecticut | 2021 | Online |
| Illinois | 2020 | Online + Retail |
| Indiana | 2019 | Online + Retail |
| Iowa | 2019 | Online + Retail |
| Kansas | 2022 | Online + Retail |
| Kentucky | 2023 | Online |
| Louisiana | 2022 | Online + Retail |
| Maryland | 2022 | Online |
| Massachusetts | 2023 | Online + Retail |
| Michigan | 2021 | Online |
| Missouri | 2025 | Online |
| New Jersey | 2018 | Online + Retail |
| New York | 2022 | Online |
| North Carolina | 2024 | Online |
| Ohio | 2023 | Online + Retail |
| Pennsylvania | 2019 | Online + Retail |
| Puerto Rico | 2023 | Online |
| Tennessee | 2020 | Online |
| Vermont | 2024 | Online |
| Virginia | 2021 | Online |
| Washington D.C. | 2020 | Online |
| West Virginia | 2018 | Online + Retail |
| Wyoming | 2021 | Online |
BetMGM
BetMGM is a joint venture between MGM Resorts International and Entain plc, formed in 2018 to operate regulated online sports betting and iGaming in the United States and Canada. MGM Resorts holds a 50% stake in the venture. BetMGM launched its first sportsbook in New Jersey in 2018, leveraging MGM’s extensive network of land-based casino properties to secure market access licences across multiple states.
BetMGM is consistently the third-ranked operator in US online sports betting by handle and revenue, and maintains a broader iGaming presence than most competitors due to MGM’s established casino footprint. The company has integrated its sportsbook with the MGM Rewards loyalty programme, giving bettors access to perks across MGM’s casino and hospitality properties globally.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2021 | Online + Retail |
| Colorado | 2020 | Online |
| Illinois | 2020 | Online + Retail |
| Indiana | 2019 | Online + Retail |
| Iowa | 2019 | Online + Retail |
| Kansas | 2022 | Online |
| Kentucky | 2023 | Online |
| Louisiana | 2022 | Online + Retail |
| Maryland | 2022 | Online |
| Massachusetts | 2023 | Online |
| Michigan | 2021 | Online + Retail |
| Mississippi | 2018 | Retail |
| Missouri | 2025 | Online |
| Nevada | 2018 | Retail |
| New Jersey | 2018 | Online + Retail |
| New York | 2022 | Online |
| North Carolina | 2024 | Online |
| Ohio | 2023 | Online + Retail |
| Pennsylvania | 2019 | Online + Retail |
| Tennessee | 2020 | Online |
| Virginia | 2021 | Online |
| Washington D.C. | 2021 | Online |
| West Virginia | 2018 | Online + Retail |
| Wyoming | 2021 | Online |
Caesars Sportsbook
Caesars Sportsbook is operated by Caesars Entertainment, one of the largest casino and entertainment companies in the United States. The brand entered the regulated US sports betting market through Caesars Entertainment’s acquisition of William Hill’s US operations in 2021 for approximately $3.7 billion. William Hill US had been an early entrant into legal sports betting following PASPA’s repeal and had built a significant retail and online sportsbook presence prior to the acquisition. Caesars rebranded the product as Caesars Sportsbook in 2021.
Caesars Sportsbook is notable for its integration with the Caesars Rewards loyalty programme, spanning more than 50 Caesars casino and hotel properties across the United States. This cross-sell infrastructure gives the sportsbook a meaningful advantage in markets where Caesars operates land-based casinos. The operator holds official sports betting partnerships with the NFL, NBA, NHL, and MLB.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2021 | Online + Retail |
| Colorado | 2020 | Online |
| Illinois | 2020 | Online + Retail |
| Indiana | 2019 | Online + Retail |
| Iowa | 2019 | Online + Retail |
| Kansas | 2022 | Online |
| Kentucky | 2023 | Online |
| Louisiana | 2022 | Online + Retail |
| Maryland | 2022 | Online |
| Massachusetts | 2023 | Online |
| Michigan | 2021 | Online |
| Missouri | 2025 | Online |
| New Jersey | 2018 | Online + Retail |
| New York | 2022 | Online |
| North Carolina | 2024 | Online |
| Ohio | 2023 | Online + Retail |
| Pennsylvania | 2019 | Online + Retail |
| Tennessee | 2020 | Online |
| Virginia | 2021 | Online |
| Washington D.C. | 2021 | Online |
| West Virginia | 2018 | Online + Retail |
| Wyoming | 2021 | Online |
bet365
bet365 is one of the world’s largest online gambling operators, founded in 2000 in Stoke-on-Trent, England by Denise Coates. The company is privately held by the Coates family and operates across sports betting, casino, poker, and bingo in more than 20 regulated markets globally. bet365 entered the US market in 2019 through a licensing agreement in New Jersey, making it among the earliest international operators to establish a presence in the newly regulated American market.
The operator expanded its US footprint steadily through the early 2020s, leveraging its global technology platform and reputation for competitive odds, deep in-play betting markets, and live streaming capabilities. bet365 is widely regarded for its market depth, which is a key differentiator against US-native competitors that have historically offered shallower coverage.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2024 | Online |
| Colorado | 2022 | Online |
| Illinois | 2025 | Online |
| Indiana | 2024 | Online |
| Iowa | 2023 | Online |
| Kansas | 2025 | Online |
| Kentucky | 2023 | Online |
| Louisiana | 2023 | Online |
| Maryland | 2025 | Online |
| Michigan | 2025 | Online |
| Missouri | 2025 | Online |
| New Jersey | 2019 | Online |
| North Carolina | 2024 | Online |
| Ohio | 2023 | Online |
| Pennsylvania | 2024 | Online |
| Tennessee | 2025 | Online |
| Virginia | 2023 | Online |
| West Virginia | 2025 | Online |
Fanatics Sportsbook
Fanatics Sportsbook is operated by Fanatics, Inc., the licensed sports merchandise and media company founded in 1995 and headquartered in Jacksonville, Florida. Fanatics entered the sports betting market through its 2023 acquisition of PointsBet USA’s assets for $150 million, immediately inheriting market access licences across more than a dozen states. The company had been building out its technology and operational infrastructure ahead of the acquisition, having signalled its gambling ambitions several years earlier.
Fanatics launched its sportsbook app in a rolling state-by-state rollout from 2023. The operator’s core strategic differentiator is its FanCash rewards programme, which allows users to convert sports betting activity into credits redeemable for merchandise, tickets, and other products across Fanatics’ broader e-commerce and sports licensing ecosystem. This positions the brand as an integrated sports consumer play rather than a standalone sportsbook.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2024 | Online |
| Colorado | 2023 | Online |
| Connecticut | 2023 | Online |
| Illinois | 2024 | Online |
| Indiana | 2024 | Online |
| Iowa | 2024 | Online |
| Kansas | 2022 | Online + Retail |
| Kentucky | 2023 | Online |
| Louisiana | 2024 | Online |
| Maryland | 2023 | Online |
| Massachusetts | 2023 | Online |
| Michigan | 2024 | Online |
| Missouri | 2025 | Online |
| New Jersey | 2024 | Online |
| New York | 2024 | Online |
| North Carolina | 2024 | Online |
| Ohio | 2023 | Online |
| Pennsylvania | 2024 | Online |
| Tennessee | 2023 | Online |
| Vermont | 2024 | Online |
| Virginia | 2023 | Online |
| West Virginia | 2023 | Online |
| Wyoming | 2024 | Online |
Hard Rock Bet
Hard Rock Bet is operated by Hard Rock International, a wholly owned subsidiary of the Seminole Tribe of Florida. The Hard Rock brand, founded in London in 1971 and acquired by the Seminole Tribe in 2007, operates more than 300 venues globally including hotels, casinos, and restaurants. Hard Rock launched its sportsbook operations in New Jersey in 2019 and expanded progressively through the early 2020s. The product was rebranded from Hard Rock Sportsbook to Hard Rock Bet in September 2023.
Hard Rock Bet holds a unique position in the US market as the sole licensed online sportsbook in Florida. The operator’s exclusivity in the state stems from the Seminole Tribe’s gaming compact with the Florida government, which grants the tribe a monopoly over online sports wagering. The Seminole Tribe received regulatory clearance to operate statewide from November 2023 following a protracted period of litigation.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2022 | Online |
| Colorado | 2024 | Online |
| Florida | 2023 | Online (exclusive) |
| Illinois | 2024 | Online |
| Indiana | 2021 | Online + Retail |
| Iowa | 2020 | Online + Retail |
| Michigan | 2025 | Online |
| New Jersey | 2019 | Online + Retail |
| Ohio | 2023 | Online + Retail |
| Tennessee | 2021 | Online |
| Virginia | 2022 | Online |
BetRivers
BetRivers is operated by Rush Street Interactive (RSI), a Chicago-based gaming company founded in 2012 by Neil Bluhm and Greg Carlin. Rush Street Interactive is the digital gaming arm of Rush Street Gaming, which owns and operates several land-based casinos under the Rivers Casino brand across the United States. BetRivers was among the earliest online sportsbooks to launch in the post-PASPA era, going live in Pennsylvania in June 2019 through its Rivers Casino Philadelphia licence.
The operator differentiates through its Rush Street Rewards loyalty programme and its dual sportsbook and iGaming offering. RSI is publicly listed on the New York Stock Exchange under the ticker RSI. BetRivers is regarded as a strong regional alternative to the dominant national brands, with a particularly established presence in Pennsylvania and the broader Mid-Atlantic region. The brand also operates under the PlaySugarHouse name in some markets.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2021 | Online |
| Colorado | 2021 | Online |
| Delaware | 2024 | Online (exclusive) |
| Illinois | 2020 | Online + Retail |
| Indiana | 2020 | Online + Retail |
| Iowa | 2021 | Online |
| Louisiana | 2022 | Online |
| Maryland | 2022 | Online + Retail |
| Michigan | 2021 | Online |
| New Jersey | 2022 | Online + Retail |
| New York | 2022 | Online |
| Ohio | 2023 | Online + Retail |
| Pennsylvania | 2019 | Online + Retail |
| Virginia | 2021 | Online + Retail |
| West Virginia | 2021 | Online + Retail |
theScore Bet
theScore Bet is operated by PENN Entertainment, the Pennsylvania-based gaming and entertainment company. The product has undergone two rebrands: it launched as Barstool Sportsbook in 2020 following PENN’s acquisition of a stake in Barstool Sports, rebranded as ESPN BET in November 2023 under a licensing deal with The Walt Disney Company, and relaunched under the theScore Bet brand in December 2025 following the unwinding of that ESPN partnership. The current brand draws on PENN’s Canadian sports media subsidiary, theScore, which was acquired in 2021 for approximately $2 billion.
theScore app provides news, scores, and editorial content alongside wagering functionality, giving the sportsbook a content-integrated positioning that distinguishes it from pure-play betting operators. The app holds strong ratings on both iOS and Android platforms. PENN Entertainment’s land-based casino footprint, spanning more than 40 properties across the US, provides a substantial source of market access for the sportsbook.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2021 | Online |
| Colorado | 2021 | Online |
| Illinois | 2023 | Online |
| Indiana | 2022 | Online |
| Iowa | 2022 | Online |
| Kansas | 2022 | Online |
| Kentucky | 2023 | Online |
| Louisiana | 2022 | Online |
| Maryland | 2022 | Online |
| Massachusetts | 2023 | Online |
| Michigan | 2022 | Online |
| Missouri | 2025 | Online |
| New Jersey | 2020 | Online |
| New York | 2022 | Online |
| North Carolina | 2024 | Online |
| Ohio | 2023 | Online |
| Pennsylvania | 2020 | Online |
| Tennessee | 2020 | Online |
| Virginia | 2022 | Online |
| West Virginia | 2022 | Online |
Bally Bet
Bally Bet is the online sportsbook operated by Bally’s Corporation, a Providence, Rhode Island-based integrated gaming and entertainment company. Bally’s grew through an aggressive acquisition strategy during the early 2020s, purchasing a series of regional casinos across the United States and building out its digital gaming division in parallel. The company also owns Bally’s Interactive, which encompasses its online gambling and sports betting operations.
Bally Bet entered the US online sports betting market in 2021, leveraging Bally’s land-based casino network for market access. The sportsbook integrates with a broader rewards programme spanning Bally’s properties. The operator has maintained a more modest market footprint compared to the dominant national brands and has faced the competitive challenges typical of secondary operators in a highly consolidated market.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2022 | Online |
| Colorado | 2022 | Online |
| Indiana | 2022 | Online + Retail |
| Iowa | 2022 | Online |
| Maryland | 2022 | Online |
| Massachusetts | 2023 | Online |
| New Jersey | 2022 | Online |
| New York | 2022 | Online |
| Ohio | 2023 | Online + Retail |
| Tennessee | 2022 | Online |
| Virginia | 2022 | Online |
betPARX
betPARX is the online sportsbook operated by Parx Casino, the largest casino in Pennsylvania by revenue, located in Bensalem. Parx Casino is owned by Greenwood Gaming and Entertainment, a Pennsylvania-based gaming company. betPARX entered the Pennsylvania online sports betting market in 2019 and has expanded selectively into additional states, leveraging the Parx brand’s strong regional recognition in the Mid-Atlantic area.
The operator offers both online sports betting and online casino products in its core markets. betPARX is regarded as a regional operator rather than a national brand, with its primary strength concentrated in Pennsylvania where Parx Casino’s well-established retail presence and customer base provide a meaningful acquisition advantage over operators without a land-based anchor.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Colorado | 2022 | Online |
| Maryland | 2022 | Online |
| Michigan | 2024 | Online |
| New Jersey | 2022 | Online |
| Ohio | 2023 | Online |
| Pennsylvania | 2019 | Online + Retail |
Sporttrade
Sporttrade is a Philadelphia-based sports betting exchange founded in 2018 by Alex Kane. It operates on a peer-to-peer exchange model, meaning bettors trade directly against other users rather than against the house. Prices on the Sporttrade exchange are expressed as probabilities (0 to 100 cents on the dollar), and the platform charges a commission on winnings rather than embedding a margin into its odds. This model can deliver more competitive pricing than traditional sportsbooks, particularly for sharp or high-volume bettors.
Sporttrade is the only operational real-money sports betting exchange in the United States as of 2026, following ProphetX’s exit from the real-money exchange market in 2024. The exchange model requires sufficient liquidity to function effectively, which has historically been a constraint on growth relative to traditional fixed-odds sportsbooks.
Sporttrade represents a distinct regulatory and product category within the US sports betting landscape, sitting separately from both traditional fixed-odds sportsbooks and the emerging CFTC-regulated prediction market platforms.
Licensed States
| State | Launch Year | Type |
|---|---|---|
| Arizona | 2024 | Online |
| Colorado | 2022 | Online |
| New Jersey | 2022 | Online |
| Virginia | 2023 | Online |
Last updated May 2026. State licensing data sourced from regulatory filings and operator disclosures.