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Jumbo Interactive grows profit as full year revenue surpasses $100m

Sydney-listed lottery provider Jumbo Interactive has posted a 25 per cent increase in revenue to AUD$104.3m for the financial year ended 30 June.

Total transaction value (TTV) rose 36 per cent to $659.9m, buoyed by a strong domestic jackpot environment with 43 Powerball/OzLotto jackpots of more than $15m, compared to 38 [...]

1 min read

BetMakers’ full year revenue soars 371%

Sydney-listed betting technology supplier BetMakers has seen revenue soar by 371 per cent to AUD$91.7m in the financial year ended 30 June.

The strong performance was driven by growth in platform and managed trading services, the integration of Sportech’s racing and digital assets, as well as the expansion of content distribution [...]

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Bet-at-home.com reports another fall in revenue

Shares in Bet-at-home.com hit a new 52-week low Thursday following a further fall in reported revenue.

Gross betting and gaming revenue from continuing operations fell 18.6 per cent year-on-year to €26.7m in the first six months of 2022, which the company again attributed to the impact of new regulations in Germany.

This [...]

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Delaware sportsbook wagers slide to $2.7m in July

Delaware’s sports betting market got off to a weak start in the first month of fiscal year 2023 as total handle fell to $2.7m in July.

While the state’s three casinos enjoyed a record month from iGaming in July, sportsbook wagers declined by 34 per cent compared to the same month [...]

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ATG sees first half revenue drop 2% after horse race betting decline

Swedish betting and gaming operator AB Trav och Galopp (ATG) has reported a 2 per cent drop in net gaming revenue (NGR) to SEK2.6bn for the first half of 2022, with a decline in retail offsetting continued growth online.

After last year’s record performance, NGR from ATG’s core horse race betting [...]

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Louisiana sportsbook handle falls to new low in July

Louisiana’s retail and mobile sports betting market hit a new low in July 2022 as total wagers fell to $118.3m.

Sports wagers fell for the sixth consecutive month to mark the lowest monthly total since the opening of the online sports betting market in January.

July wagers were down by 11 per [...]

1 min read
New Hampshire

New Hampshire reports $42.65m in sports wagers for July

The New Hampshire Lottery and partner DraftKings generated gross gaming revenue of $4.48m from sports betting in July on total handle of $42.65m.

Total sports wagers in the first month of the state’s fiscal year 2023 climbed 16 per cent year-on-year but fell by 20 per cent compared to June’s $53.57m [...]

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Record year for The Lottery Corporation as revenue climbs to $3.28bn

Sydney-listed lottery and keno provider The Lottery Corporation has reported an 11 per cent increase in full year revenue to AUD$3.28bn in its maiden results as a standalone company.

Following its demerger from Tabcorp, comparable revenue, which includes Keno in both reporting periods and excludes significant items, increased by 9 per [...]

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Tabcorp

Tabcorp profits from demerger but full year revenue dips 4%

Sydney-listed gaming operator Tabcorp Holdings has posted a net profit of AUD$6.78bn for the financial year ended 30 June, including a gain of $6.51bn from the demerger of its lottery and keno arm.

Having successfully implemented the demerger of its former lottery and keno businesses on 1 June, revenue from Tabcorp’s [...]

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Gaming Technologies issues warning as cash reserves evaporate

iGaming supplier and operator Gaming Technologies has warned that it may not be able to continue as a going concern after cash reserves fell to zero at the end of the second quarter of the year.

Gaming Technologies (Gametech) operates the vale.mx iGaming brand in Mexico under a revenue share partnership [...]

1 min read
Spiffbet

Spiffbet aims for profitability with slimline brand portfolio

Shares in online gaming operator Spiffbet fell more than 16 per cent in Stockholm Tuesday as the company announced the closure of nine iGaming brands.

Spiffbet closed down its Wishmaker, Live Lounge and Sir Jackpot brands during the first half of this year and will follow that with the closure of [...]

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Failure to file puts Lottery.com shares at risk

Online lottery broker Lottery.com is at risk of losing its Nasdaq listing after failing to file financial statements for the second quarter of 2022.

The company was notified on August 17 that it is no longer in compliance with Nasdaq listing rules which require timely quarterly filings with the Securities and [...]

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