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New Hampshire sportsbook wagers reach $520.6m in FY2021

New Hampshire’s regulated sports betting market generated total handle of $520.6m in the fiscal year ended 30 June, with nearly 84 per cent of the total derived online.

The New Hampshire Lottery and its exclusive sports betting partner DraftKings saw total handle decline by 7 per cent compared to the previous [...]

1 min read
Kindred

Kindred Group profits as sports betting revenue soars in Q2

Stockholm-listed betting and gaming operator Kindred Group has reported a 55 per cent increase in gross winnings revenue to £363.7m for the second quarter of 2021, buoyed by a strong performance in sports betting and an all-time high in active customers.

The year-on-year growth was driven by increased sports betting activity [...]

1 min read

Record year for Virginia Lottery as iLottery sales reach $807m

The Virginia Lottery has reported record sales of $3.26bn in its 2020/21 fiscal year, buoyed by the first year of its new iLottery program.

Total lottery sales were up 52 per cent compared to the previous year’s $2.15bn, driven by online lottery sales of $807m since launch on 1 July 2020, [...]

1 min read
Kambi

Kambi doubles H1 revenue as trading volume and margin improves

Sports betting technology supplier Kambi more than doubled revenue in the first six months of this year to €86.0m, with profit climbing to €28.4m from €1.7m in the first half of 2020.

With the comparable period last year significantly impacted by the outbreak of Covid-19, revenue in the first half of [...]

1 min read
Las Vegas Sands

Las Vegas Sands reduces Q2 loss as revenue improves to $1.17bn

New York-listed casino operator Las Vegas Sands has generated net revenue of $1.17bn from its Macao and Singapore operations during the second quarter of 2021.

With its Las Vegas property and operations presented as discontinued operations for sale, the company’s Macau operations accounted for more than two-thirds of the Q2 total [...]

1 min read
Betsson

Record second quarter for Betsson as active customers surpass 1m

Stockholm-listed betting and gaming operator Betsson has reported record profit of SEK337.9m for the second quarter of 2021 as total revenue increased by 14 per cent to SEK1.75bn.

The revenue growth came despite a 5 per cent drop in revenue from Betsson’s core casino offering to SEK1.22bn in Q2, impacted by [...]

1 min read
Svenska Spel

Svenska Spel benefits from online growth in second quarter

Swedish gaming operator Svenska Spel has reported an 18 per cent increase in net gaming revenue to SEK1.94bn for the second quarter of 2021.

The operator benefited from strong growth from its Sport & Casino business, which saw revenue double to SEK598m in Q2, with the comparable period last year impacted [...]

1 min read
Evolution

First half boon for Evolution as revenue nears €500m mark

Stockholm-listed casino games provider Evolution has recorded a strong start to 2021 with first half revenue and profit more than doubling compared to a year ago.

The supplier benefited from continued strong growth during Q2 2021 as revenue increased by 100 per cent to €256.7m, of which €53.0m was derived from [...]

1 min read

Delaware iGaming wagers reach $144.8m in first half of 2021

Delaware’s regulated iGaming market took in total wagers of $144.8m in the first half of 2021, generating net revenue of $5.0m across the state’s three licensed operators.

Total wagering value improved by 22 per cent compared to the same period last year, despite June wagers declining by 4 per cent year-on-year [...]

1 min read
Georgia Lottery

Georgia Lottery reports 10th consecutive year of profit growth

The Georgia Lottery has enjoyed its most successful year after generating a record $1.54bn in profit during the 2020/21 fiscal year.

The lottery’s 2020/21 performance marked the sixth consecutive year that the Georgia Lottery has exceeded $1bn in profits for education, surpassing the record previously set in FY20 by more than [...]

1 min read

Pennsylvania gambling market grows to record $3.87bn in FY2020/21

Pennsylvania’s regulated betting and gaming market generated a record $3.87bn during the fiscal year ended 30 June, with iGaming and sports betting together contributing nearly a third of the total.

Total gaming revenue increased by 42 per cent compared to the previous fiscal year, which was significantly impacted by casino shutdowns [...]

1 min read

MGM Grand dominates Michigan online betting and gaming market

Michigan’s regulated online sports betting and gaming market collected total gross receipts of $114.2m in June, with market leader MGM Grand Detroit continuing to lead the way.

Total gross receipts were down marginally compared to the previous month, with iGaming contributing $89.2m and online sports betting $24.9m.

Michigan Gross Receipts: June 2021 [...]

1 min read
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