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Delaware sportsbook wagers decline 19% in January

Delaware’s regulated sports betting market declined in January 2022 as total handle fell by 19 per cent compared to a year ago to $12.6m.

Total amounts wagered declined for the second consecutive month, with $8.4m generated by the state’s three licensed casinos and $4.2m by Sports Lottery retailers.

Delaware Sports Betting Handle: [...]

1 min read

Record year for Polish bookmaker STS as turnover nears €1bn

Warsaw-listed betting operator STS Holding has reported a 25 per cent increase in turnover to a record PLN4.5bn (€990.6m) in 2021.

The year-on-year turnover growth was driven by a 24 per cent increase in active users to 693,000, as well as 370,000 new registrations during the year, marking an increase of [...]

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Entain-backed RAS Technology posts first half revenue of AUD$4.3m

Entain-backed sports data provider Racing and Sports Technology Holdings (RTH) has reported first half revenue of AUD$4.3m in its maiden results as a publicly-listed company.

Revenue for the six-month period ended 31 December 2021 increased by 90 per cent compared to the same period in 2020, with 51 per cent of [...]

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Record January for Pennsylvania’s licensed iGaming operators

Pennsylvania’s regulated betting and gaming market grew by 26 per cent in January 2022, buoyed by a record monthly performance from iGaming.

Total gaming revenue rose to $393.1m in January, as iGaming revenue increased by 35 per cent year-on-year to a record $108.3m, offsetting a 5 per cent decline in sports [...]

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DraftKings

DraftKings shares slump despite strong 2021 revenue growth

New York-listed betting and gaming operator DraftKings has posted a net loss of $1.5bn for 2021, despite seeing full year revenue more than double to $1.3bn.

DraftKings benefited from a strong finish to the year as Q4 revenue increased by 47 per cent versus a year ago to $473m, with revenue [...]

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Louisiana

Louisiana retail sportsbook wagers grow to $49.3m in January

Louisiana’s newly regulated retail sports betting market hit a new monthly high in January 2022 as total wagers reached $49.3m.

In the third full month of operations since retail sportsbooks opened on October 31, January wagers increased by 25 per cent month-on-month.

This generated combined net proceeds of $5.3m across the 11 [...]

1 min read

Britain’s online gambling market down 31% in December

Britain’s regulated online gambling market contracted by nearly a third in December 2021, according to new data released by the Gambling Commission.

The latest operator data on gambling behaviour amid the easing of lockdown measures across Great Britain shows that online gross gaming yield (GGY) fell by 31 per cent year-on-year [...]

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Tabcorp

Lottery drives Tabcorp first half revenue growth

Australian betting and lottery giant Tabcorp Holdings has reported a 2 per cent increase in revenue to AUD$2.93bn for the first half of its 2021/22 financial year.

Tabcorp benefited from a strong performance from its Lotteries & Keno segment as revenue increased by 11 per cent to $1.78bn in the six [...]

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Michigan hits record monthly online sportsbook handle in January

Michigan’s licensed online sports betting and iGaming operators collected a combined $155.9m in total gross receipts in January 2022.

Total gross receipts soared by 265 per cent compared to the same period a year ago, with the market having gone live on 22 January 2021.

The state’s 14 licensed commercial and tribal [...]

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Detroit, Michigan

Detroit casinos enjoy solid start to 2022 as January revenue tops $100m

Michigan’s three commercial casinos in Detroit have reported a solid start to 2022 as aggregate revenue increased by 11 per cent to $100.9m in January, despite a decline in retail sports betting.

With casinos operating under limited capacity in the prior year period due to Covid, January revenue from land-based slots [...]

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Aspire Global

Aspire Global posts strong revenue growth as it transitions to pure B2B focus

Stockholm-listed gaming supplier Aspire Global has reported a 24 per cent increase in fourth quarter revenue to €41.12m, with full year revenue 33 per cent higher at €158.32m.

The reported pro-forma results treat the B2C business as discontinued operations following the sale of the division on 1 December 2021, with those [...]

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New Jersey gaming market grows 10% despite January sports decline

New Jersey’s regulated betting and gaming market got off to a strong start in January 2022 as total gaming revenue increased by 10 per cent year-on-year to $381.7m.

The biggest growth in January came from the iGaming sector as internet gaming win rose 33 per cent versus a year ago to [...]

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