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Sweden’s gambling revenue rises 7% in third quarter

Sweden's regulated gambling market increased by 7 per cent to SEK6.77bn (€614m) in Q3 2022, according to preliminary data published by the country’s regulator.

Commercial e-gaming accounted for the majority of revenue in the third quarter, with revenue up by 10 per cent to SEK4.31bn, equivalent to 64 per cent of [...]

1 min read
Rank Group

Rank Group lowers full year profit forecast due to weak UK economy

Shares in Rank Group fell by more than 9 per cent in London Friday after the bingo and casino operator said that its trading performance for the five-month period ended 30 November had been tougher than expected across its UK venues businesses.

Like-for-like net gaming revenue (NGR) increased by 1 per [...]

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Loto-Quebec

Land-based recovery boosts Loto-Québec

Canadian provincial lottery operator Loto-Québec has reported record results for the first half of its 2022/23 fiscal year, as total revenue increased by 3.5 per cent to CAD$1.47bn.

The strong revenue performance for the half-year period ended 26 September was driven by an 80 per cent increase in revenue from casino [...]

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Delaware iGaming wagers climb to new record high in November

Delaware’s three licensed iGaming operators enjoyed a record performance in November as total amounts wagered increased by 37 per cent to $42.7m.

November’s total surpassed the market’s previous high of $39.4m in July, with Delaware Park maintaining its market leadership position with iGaming wagers of $19.6m, ahead of Harrington Raceway’s $11.6m [...]

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Sports betting drives Danish gambling revenue growth in October

Denmark’s gambling revenue grew by 12.5 per cent in October to DKK590.9m (€79.4m), helped by a strong performance from the sports betting sector.

Sports betting revenue was up by 63 per cent year-on-year at DKK213.4m, with online casino gaming contributing DKK247.0m in October, which was 42 per cent of Denmark’s monthly [...]

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Indiana sports betting handle falls 2% in November

Sports betting handle in Indiana was down by 2.5 per cent in November to $452.3m, with declines in both the retail and mobile channels.

Mobile sports betting handle was $415.8m, a year-on-year decline of 1.7 per cent, while the drop for retail betting was 10.3 per cent to $36.6m.

Adjusted gross revenue [...]

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Detroit, Michigan

Michigan commercial casinos post 4% decline in November

Michigan’s three commercial casinos in Detroit reported another decline in November as combined land-based casino and retail sportsbook revenue fell by 4 per cent to $101.8m.

Total monthly aggregate revenue fell year-on-year for the seventh consecutive month, with revenue from land-based slots and table games down 4 per cent at $99.9m, [...]

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Maryland

Maryland mobile sportsbooks generate $186.1m in wagers in first 9 days

Maryland’s licensed sports betting operators collected total wagers of $219.1m in November, including $186.1m from the state’s newly opened mobile betting market.

Maryland’s first seven mobile sportsbooks held eight hours of controlled demonstration betting on 21 November, and launched on 23 November.

In nine days of operations during November, operators took in [...]

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Iowa sportsbooks struggle again as November wagers fall to $247.5m

Iowa’s sports betting market declined again in November as total wagers fell by 14 per cent versus a year ago to $247.5m.

Sports wagers were down year-on-year for the third consecutive month, with online sportsbook wagers falling 14 per cent to $223.5m, and retail wagers down 11 per cent at $24.0m.

Iowa [...]

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Oregon

Oregon sees World Cup betting boost in November

The Oregon Lottery recorded a 70 per cent increase in sports betting handle to $55.5m in November, with wagering on soccer seeing a 139 per cent rise due to the FIFA World Cup in Qatar.

Soccer betting handle was $6.3m in November, which was the sport’s highest monthly total, and contributed [...]

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West Virginia iGaming growth offsets sportsbook decline in November

West Virginia’s combined sports betting and iGaming market continued to see strong growth in November as total wagers from licensed operators rose 35 per cent year-on-year to $473.1m.

The five-week period ended 3 December saw iGaming wagers increase by 55 per cent versus a year ago to $390.5m, offsetting an 18 [...]

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New York online sportsbooks hit $1.55bn in November wagers

New York’s licensed online sports betting operators recorded another strong month as total wagers reached $1.55bn in November.

Sports wagers from the state’s nine online sportsbooks increased marginally compared to the previous month’s $1.54bn.

New York online sports betting wagers: November and Apr-Nov 2022 (US$)

Flutter Entertainment-owned FanDuel maintained its market leadership position [...]

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