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Loto-Québec full year iGaming revenue grows to $135.9m

Canadian provincial lottery operator Loto-Québec has reported a 3 per cent fall in total revenue to CAD$2.74bn for its 2019/20 financial year, despite strong growth from its iGaming business.

The COVID-19 pandemic had a minimal impact on results for the financial year ended 31 March, although lottery revenue fell by 3 [...]

1 min read

Online channel dominates Illinois betting market in first month

Illinois’ regulated sports betting market generated total wagers of $52.5m in its first month of operation in July.

There were just two operators live in July, generating online sports betting wagers of $48.5m and retail sports betting wagers of $4.0m from a combined 1,162,826 bets placed.

Churchill Downs Incorporated and Rush Street [...]

1 min read

Oregon Lottery sports betting turnover surpasses $25m in August

The Oregon Lottery has generated turnover of $25.8m from its SBTech-powered Scoreboard online sports betting operation in August.

Turnover was 84 per cent higher than the previous month, with basketball representing more than half of the total with turnover of $14.0m.

The next most popular sport was baseball with wagers of $4.4m, [...]

1 min read

New Jersey iGaming soars 114% in August

New Jersey’s regulated betting and gaming market recorded a 7.5 per cent decline in total gaming revenue to $326.3m in August, following a decline in land-based revenue as a result of casinos reopening with restrictions to mitigate the spread of COVID-19.

Despite land-based revenue falling by 30.5 per cent year-on-year to [...]

1 min read

Online drives Iowa sports betting growth in August

Iowa’s licensed sportsbook operators collected total wagers of $50.3m in August, of which more than two-thirds was generated online.

Total wagers from the state’s 18 licensed sportsbooks increased by 120 per cent compared to the previous month’s $22.9m total, with online sports betting contributing $35.0m and retail sports betting $15.3m.

The William [...]

1 min read

Indiana sports betting wagers reach $169.0m in August

Indiana’s regulated sports betting market continued to see strong growth into August as total wagers rose to $169.0m for the month.

Recording its best monthly total since February, wagering climbed by 138 per cent compared to the previous month’s $70.9m, with online sports betting contributing $143.9m and retail the remaining $25.1m.

Basketball [...]

1 min read

Swedish gambling market contracted in second quarter

Sweden’s regulated gaming market declined by 4 per cent to SEK5.9bn (€569.7m) in the second quarter of 2020, as the COVID-19 pandemic impacted land-based sales.

Net gaming revenue (NGR) from online casino and sports betting grew by 4 per cent to SEK3.6bn in Q2, accounting for 61 per cent of the [...]

1 min read

Retail lottery decline offsets SAZKA Group’s online growth in H1

European lottery operator SAZKA Group has reported a 28 per cent drop in gross gaming revenue (GGR) to €652m for the first half of 2020, as a result of the impact of COVID-19 on land-based sales.

Results were impacted by a 45 per cent decline in GGR to €247m during the [...]

1 min read
Danske Spil

Danske Spil posts first half revenue decline despite lottery growth

Denmark’s state-owned gaming operator Danske Spil has posted an 8 per cent drop in gross gaming revenue (GGR) to DKK2.30bn (€309.1m) for the first half of 2020.

The company said the first half results were “satisfactory” despite the negative impact of COVID-19 on its subsidiaries.

Danske Licens Spil, which operates Oddset, Tips [...]

1 min read

OPAP sees first half revenue decline 36%

Athens-listed lottery and gaming operator OPAP has reported a 36 per cent fall in net gaming revenue to €335.2m for the first half of 2020, as results were impacted by COVID-19 related lockdowns and retail store closures.

Total amounts wagered declined by 34 per cent year-on-year to €1.41bn, with gross gaming [...]

1 min read

Sportech reports widened loss of £10.7m in first half of 2020

London-listed betting operator and supplier Sportech has recorded a 38 per cent fall in revenue for the first half of the year as operations were disrupted by the COVID-19 pandemic.

Revenue in the six-month period fell to £20.2m from £32.6m a year ago, with its Venues business the worst affected as [...]

1 min read
Rank Group

Retail closures result in 68% fall in profit at Rank Group

London-listed gaming operator Rank Group has reported an 8 per cent fall in revenue to £638.1m for its fiscal year ended June 30, with results negatively impacted by retail closures in the final quarter of the period due to COVID-19.

Despite strong performances from Rank’s retail venues in the first eight [...]

1 min read
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