Login/Register
Octoplay
Octoplay

Results News

FanDuel maintains lead as Indiana sportsbook handle hits $360m

Indiana’s licensed sports betting operators recorded a 52 per cent increase in handle to $360.0m in April, with FanDuel maintaining its market leadership position for online sports betting.

April wagers were buoyed by a 60 per cent year-on-year increase in online sports wagers to $333.9m, offsetting a 4 per cent drop [...]

1 min read

Iowa sportsbook handle climbs 50% in April

Iowa’s licensed retail and online sports betting operators collected total wagers of $177.4m in April, an increase of 50 per cent compared to the same month last year.

Continuing the market’s strong start to the year, the state’s 19 operational sportsbooks recorded a 54 per cent increase in online wagers to [...]

1 min read
Light & Wonder

Light & Wonder sets outs ambitious growth plans

Shares in gaming supplier Light & Wonder gained 9.37 per cent Tuesday after the company revealed its financial targets through to 2025.

L&W is aiming to grow consolidated Adjusted EBITDA to $1.4bn in 2025, representing a compounded annual growth rate of 15 per cent, with a targeted net debt leverage ratio [...]

1 min read
GAN

Latin America drives record first quarter for GAN

New York-listed gaming supplier and operator GAN has reported a 38 per cent increase in revenue to a record $37.5m for the first quarter of 2022.

The year-on-year revenue growth was driven by a 71 per cent increase in B2C revenue from Coolbet, while B2B revenue climbed 2 per cent to [...]

1 min read

New Jersey gambling market grows 20% despite sports betting decline

New Jersey’s regulated gambling market grew by 20 per cent to $422.5m in April, buoyed by strong growth in iGaming and land-based casino gaming revenue.

The state’s nine licensed properties saw total casino win increase by 24 per cent year-on-year to $235.3m in April, with iGaming revenue climbing 27 per cent [...]

1 min read
Lottery.com

Lottery.com first quarter revenue grows to $21.2m

New York-listed online lottery provider Lottery.com has seen first quarter revenue soar 285 per cent to $21.2m, although expenses increased at a higher rate.

The strong year-on-year revenue growth was primarily driven by the sale of LotteryLink credits to a LotteryLink affiliate related to pre-paid promotional rewards.

As a result of the [...]

1 min read

West Virginia sports and iGaming wagers climb 74% in April

West Virginia’s licensed sports betting and iGaming market saw total wagers increase by 74 per cent versus a year ago to $316.5m in April.

In another strong month for licensed operators, total iGaming wagers for the five-week period ended 30 April were just below the record set last December at $270.8m, [...]

1 min read
Maryland

Maryland retail sportsbooks take in $26.9m in April wagers

Maryland’s five licensed retail sports betting operators collected total wagers of $26.9m in April, nearly half of which was derived from the FanDuel-powered Live! Casino & Hotel.

In the fifth full month of operations since the opening of the state's retail betting market, total wagers fell by 13 per cent in [...]

1 min read

Latin America drives Q1 revenue growth for Codere Online

New York-listed iGaming operator Codere Online has posted a 24 per cent increase in net gaming revenue to €25.5m for the first quarter of 2022, buoyed by strong growth in Mexico and Colombia.

Spain remained its biggest iGaming market in Q1 as revenue climbed by 1 per cent to €13.2m, despite [...]

1 min read

Codere revenue soars as retail recovery continues in first quarter

Spanish gaming operator Codere Group has reported a 131 per cent increase in revenue to €293.7m for the first quarter of 2022, as the company benefited from the lifting of Covid-19 restrictions across its land-based operations in Europe and Latin America.

The year-on-year revenue growth was driven by strong performances in [...]

1 min read

Rising costs offset strong revenue growth at Genius Sports

Sports data and technology provider Genius Sports has reported a 59.9 per cent increase in group revenue to $85.92m for the first quarter of 2022, although cost of revenue increased by more than double that rate during the period.

The strong revenue growth was driven by a 27.6 per cent increase [...]

1 min read

US commercial gaming grows to $14.31bn in Q1

Commercial gaming operators in the United States have enjoyed a strong start to the year as revenue in the first quarter climbed to a record $14.31bn.

The first quarter performance was just shy of the quarterly revenue record set in the fourth quarter of 2021 when revenue amounted to $14.35bn, with [...]

2 mins read
Page 137 of 253