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China lottery sales climb 1% in October

Combined monthly sales for China's two lotteries rose by 1 per cent to RMB29.7bn (€4.0bn) in October, with the Sports Lottery accounting for nearly two-thirds of the monthly total.

Sales for China’s Sports Lottery were RMB18.7bn (€2.5bn) in October, a rise of 11 per cent year-on-year. The monthly growth was [...]

1 min read

Rhode Island sees 10% rise in online betting handle

Online sports betting handle in Rhode Island rose by 10 per cent in October to $34.3m, the highest monthly total of 2022 so far.

The online sports betting margin more than doubled to 10.6 per cent (October 2021: 5.0 per cent), giving gross win of $3.6m, up 132 per cent versus [...]

1 min read

Strong Betclic performance drives Q3 revenue growth for FL Entertainment

Amsterdam-listed FL Entertainment has reported an 8 per cent increase in revenue to €912.1m for the third quarter of 2022, driven by a strong performance from Betclic Everest Group.

While revenue from the company’s core content production and distribution business rose by 3 per cent to €717.6m during the period, online [...]

1 min read

Nevada sports betting revenue rises 18% in October

Nevada’s total gambling revenue grew by 4.8 per cent to $1.28bn in October, with the state’s sports betting market having a particularly strong performance.

Sports betting revenue rose 17.7 per cent year-on-year to $56.9m, with revenue from American football wagering climbing 12 per cent to $33.3m - the largest contributor to [...]

1 min read

Britain’s quarterly online gambling yield declines 11% to £1.2bn

Britain’s Gambling Commission has revealed that total online gross gambling yield (GGY) fell by 11 per cent year-on-year to £1.18bn for the July to September 2022 period.

Compared to the previous quarter, online GGY was down by 4 per cent, with the overall number of total bets and spins decreasing by [...]

1 min read

Rivalry shares soar on record Q3 revenue performance

Toronto-listed esports betting operator Rivalry Corp has reported record results for the third quarter of 2022 as revenue increased by 93 per cent to CAD$7.1m.

The record quarter was driven by a 203 per cent increase in betting handle to $70.3m, with its newly launched online casino offering contributing 30 per [...]

1 min read

Allwyn lauds Q3 performance as GGR climbs to €958.6m

European lottery and gaming operator Allwyn International has posted its best quarterly performance to date following an 11 per cent increase in consolidated gross gaming revenue to €958.6m in the third quarter of 2022.

The company attributed the record performance to continued organic growth in the online channel and a very [...]

1 min read
888 Holdings

888 Holdings outlines debt reduction plan and strategy for improved profitability

London-listed betting and gaming operator 888 Holdings will outline plans to improve returns to shareholders at a Capital Markets Day in London later today (Nov. 29).

The company will address the “more challenging” operating environment that it faces due to global macroeconomic conditions and will outline plans to improve profitability by [...]

1 min read

Lottomatica swings to profit as revenue surpasses €1bn

Italian gaming operator Lottomatica has recorded strong growth for the nine-month period ended 30 September, with revenue climbing 122 per cent to €1.03bn.

The year-on-year growth was driven by strong performances from the company’s retail operations, with the comparable period last year negatively impacted by strict covid-related closures until the end [...]

1 min read
Deadwood, South Dakota

South Dakota gambling market grows 7% in October

Wagering on land-based casino gaming and sports betting in South Dakota increased by 7 per cent in October to $134.2m.

Slot machine handle was up by $8.9m to $125.6m and helped to offset a decline in wagering on table games, which fell by 6 per cent to $7.8m.

The lowest denomination (one [...]

1 min read

Record third quarter for STS as revenue hits €35.7m

Warsaw-listed betting operator STS Group has reported a 25 per cent increase in net gaming revenue (NGR) to a record PLN167m (€35.7m) in the third quarter of 2022.

The record Q3 performance helped NGR for the first nine months of 2022 climb 8 per cent to PLN429m, of which around 80 [...]

1 min read

Retail recovery offsets lower online gambling yield in Great Britain

Britain’s total gross gambling yield increased by 10.9 per cent to £14.08bn in the twelve-month period ended March 31, with a recovery in retail offsetting declines in remote gambling and National Lottery yield.

Online casino represented the largest gambling sector in Great Britain with gross gambling yield (GGY) of £3.90bn, although [...]

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