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888 Holdings

888 full year revenue hits record $972m despite Q4 decline

London-listed betting and gaming operator 888 Holdings has reported a 14 per cent increase in total revenue to a record $972m for the full 2021 year, despite posting a decline during the final quarter of the year.

The Q4 revenue decline was in line with board expectations, and largely reflected a [...]

1 min read
New Jersey

New Jersey iGaming revenue grows 41% to $1.37bn in 2021

New Jersey’s regulated betting and gaming market grew by 64 per cent in 2021 as total gaming revenue reached $4.74bn, of which nearly a third was generated from online gambling.

The state’s licensed casinos and racetracks recorded a strong finish to the year as December gaming revenue increased by 29 per [...]

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Record December drives Delaware iGaming wagers to $308m in 2021

Delaware’s regulated iGaming market grew by 35 per cent year-on-year to $308.6m in 2021, as iGaming wagers in December more than doubled compared to the same month a year ago.  

December iGaming wagers increased by 103 per cent to a record $35.5m, driven by strong year-on-year growth across all three [...]

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Sports betting drives Danish gambling market growth in November

Denmark’s regulated gambling market returned to growth in November 2021 as licensed operators recorded year-on-year improvements across all products.

Total gross gaming revenue (GGR) from sports betting, online casino, gaming machines and land-based casinos increased by 23 per cent compared to the prior year period to DKK604m (€81.2m).

Danish Gambling Market: November [...]

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Indiana sportsbook wagers grow to $3.83bn in 2021

Indiana’s licensed sports betting operators collected total handle of $3.83bn in 2021, buoyed by a strong wagering performance in December.

Wagering at the state’s 11 operational sportsbooks increased by 48 per cent year-on-year to $463.0m in December 2021, just below the previous month’s record $463.7m.

Basketball was the most popular sport during [...]

1 min read
Detroit, Michigan

Michigan commercial casinos double revenue to $1.3bn in 2021

Michigan’s three commercial casinos in Detroit recorded strong growth in 2021 as aggregate revenue soared 103 per cent year-on-year to $1.29bn, including $27.3m from retail sports betting.

Revenue from slots and table games increased by 104 per cent to $1.27bn during the year, with all three casinos posting strong year-on-year growth [...]

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Betway-owner Super Group posts $1.5bn in 2021 revenue

Betting and gaming operator Super Group has reported a 36 per cent increase in net gaming revenue to $1.53bn in 2021.

The Betway and Spin-owner enjoyed a strong financial performance during the year, despite regulatory impacts in Germany in June and the Netherlands in October.

The year-on-year revenue growth was driven by [...]

1 min read

Maryland retail sports betting reaches $16.6m in first month

Maryland’s newly regulated retail sports betting market collected total wagers of $16.6m in the first month of operation in December.

Sports betting went live in the state on 9 December, with Governor Larry Hogan placing Maryland’s first bet at MGM National Harbor, the first casino to launch a retail sportsbook.

This was [...]

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Strong December for Iowa sportsbooks as wagers soar 154%

Iowa’s regulated sports betting market more than doubled in December as total wagering handle soared to $266.5m.

December handle increased by 154 per cent year-on-year but fell by 7 per cent compared to the previous month’s record $287.2m, with the state’s 19 operational sportsbooks collecting online wagers of $241.7m and retail [...]

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West Virginia iGaming wagers hit record $280.4m in December

West Virginia’s licensed sports betting and iGaming operators enjoyed another record performance in December 2021 as total wagers reached $355.0m.

Total wagers in the five-week period ended 1 January 2022 increased by 98 per cent year-on-year, with iGaming wagers rising 157 per cent to a record $280.4m and sports betting wagers [...]

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Illinois sportsbook wagers climb 74% in November

Illinois’ licensed sportsbook operators recorded another strong month in November as total amounts wagered increased by 74 per cent year-on-year to $779.9m.

More than three-quarters of the monthly total was wagered on professional sports ($593.0m), with $186.6m bet on college sports and a further $290,913 on motor races.

Overall, November’s online sports [...]

1 min read

China lottery sales continue to decline into November

China’s two national lotteries saw combined lottery sales decline year-on-year for the fourth consecutive month in November 2021.

November lottery sales fell by 8 per cent compared to the same month a year ago to RMB33.11bn (€4.59bn), with Welfare Lottery sales down 12 per cent at RMB13.19bn, and Sports Lottery sales [...]

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