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Wyoming State Flag

Wyoming sports betting market contracts in June

Wyoming’s licensed online sports betting operators collected total handle of $7.3m in June, the lowest monthly total since the opening of the market last September.

Wagers at the state’s three operational online sportsbooks fell by 21.5 per cent versus the previous month, with gross gaming revenue falling 33 per cent month-on-month [...]

1 min read
IGT

IGT revenue falls to $1.02bn in second quarter

New York-listed lottery and gaming supplier International Game Technology (IGT) has reported a 2 per cent drop in revenue to $1.02bn for the second quarter of 2022.

The year-on-year decline was mainly due to a 11 per cent decline in Lottery revenue to $648m, as services revenue fell by 12 per [...]

1 min read

Virginia sports wagers climb 25% in June

Virginia’s licensed online sportsbook operators collected total wagers of $2.40bn in the first half of 2022, buoyed by another month of strong growth in June.

The state’s 13 online operators saw June wagers increase by 25 per cent to $295.2m versus the same period last year when just seven operators were [...]

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Rhode Island full year sportsbook handle climbs to $517.2m

Rhode Island’s retail and online sports betting handle increased by 47 per cent to $517.2m in the Rhode Island Lottery’s 2022 financial year.

The strong annual performance came despite a slowdown in wagering growth in June, when handle climbed by 16 per cent year-on-year to $34.2m, marking the lowest monthly total [...]

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BlueBet

BlueBet readies US launch following strong growth in Australia in FY21/22

Sydney-listed betting operator BlueBet Holdings grew full year net win by 53.6 per cent to AUD$54.6m, bouyed by another strong performance in the fiscal fourth quarter ended June 30.

Net win in the final quarter of BlueBet’s financial year climbed 27.3 per cent year-on-year to $12.8m, as turnover increased by 31.3 [...]

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China lottery sales grow to €26.3bn in first half of 2022

China’s two national lotteries grew total sales by 2 per cent to RMB182.06bn (€26.3bn) during the first half of 2022, despite posting a decline in June.

June lottery sales fell by 8 per cent compared to the same month last year to RMB31.87bn, and marked the first year-on-year decline since January.

Welfare [...]

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Italy’s Lottomatica swings to profit as first half revenue soars to €806.2m

Leading Italian gaming operator Lottomatica has seen revenue from its online and land-based operations soar by 345 per cent to €806.2m in the first half of 2022.

The newly formed Lottomatica was established earlier this year through the merger of Gamenet Group, IGT Lottery (which owned Lottomatica Scommesse and Lottomatica Videolot [...]

1 min read
PointsBet

PointsBet net win climbs to AUD$309.4m in FY21/22

Sydney-listed betting and gaming operator PointsBet grew total net win by 41 per cent to AUD$85.8m in the fiscal fourth quarter ended June 30.

The company benefited from growth in the United States and its home market of Australia during the period, with US net win climbing 72 per cent year-on-year [...]

1 min read

Kentucky Lottery lauds record year as sales top $1.68bn

The Kentucky Lottery has reported the best year in its 33-year history as total lottery sales increased by 6 per cent to $1.68bn in FY21/22.

Scratch-off tickets were the largest individual game category, with sales climbing 0.2 per cent to $963.5m, while the biggest growth was seen in Instant Play games, [...]

1 min read
La Française des Jeux (FDJ)

FDJ benefits from lottery sales growth in H1

Paris-listed gaming and lottery operator La Française des Jeux (FDJ) has reported a 12 per cent increase in revenue to €1.21bn for the first half of 2022, with growth in lottery offsetting a decline in sports betting.

Total stakes increased by 10 per cent versus the previous year to €10.05bn, with [...]

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Nevada full year gaming win grows to record $14.6bn

Nevada’s gambling market generated record win of $14.63bn in the fiscal year ended June 30, with gaming win from state-wide casinos topping $1bn for the 16th consecutive month in June.

Gaming win in June climbed 8 per cent compared to the same month last year to $1.28bn, with the bulk of [...]

1 min read

Horse racing drives record second quarter for Churchill Downs Inc.

New York-listed racing and gaming operator Churchill Downs Incorporated has reported record results for the second quarter of 2022 as net revenue climbed by 13 per cent to $582.5m.

The company’s core Live and Historical Racing segment saw net revenue increase by 45 per cent year-on-year to a record $275.9m, primarily [...]

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