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New York State weekly mobile wagering tops $572.6m

New York’s newly regulated online sportsbook market collected total handle of $572.6m in the week ended 23 January, according to latest data released by the New York State Gaming Commission.

Total wagers from the state’s five operational mobile sportsbooks were up 33 per cent compared to the previous week’s $431.8m, when [...]

1 min read
PointsBet

PointsBet sees net win climb 73% in strong quarter

Sydney-listed betting and gaming operator PointsBet has recorded strong growth for its financial second quarter ended 31 December, with net win climbing 73 per cent to AUD$77.3m.

Turnover from PointsBet’s Australian and US sports betting businesses grew by 11 per cent year-on-year to $1.33bn during the quarter, with Australian turnover increasing [...]

1 min read

Arizona sportsbooks collect $466.7m in sports wagers in November

Arizona’s newly regulated sports betting and fantasy sports markets have generated over $1.2bn in wagers in less than three months of operations.

In a strong start to the newly opened regulated markets, licensed operators collected $466.7m in sports wagers in November 2021, alongside $4.0m in fantasy sports entry fees.

DraftKings maintained its [...]

1 min read

Genius Sports forecasts revenue of $340m in 2022

New York-listed sports data and technology provider Genius Sports said Thursday that it expects to generate approximately $340m in group revenue during 2022.

In its first virtual investor day since listing on the New York Stock Exchange last year, Genius revealed that adjusted EBITDA for the year is expected to be [...]

1 min read

Wyoming online sportsbook wagers grow to $12.3m in December

Wyoming’s regulated online sports betting market enjoyed its strongest month to date in December as total wagers reached $12.3m.

The state’s two licensed online sportsbook operators, DraftKings and BetMGM, saw December wagers increase by 12 per cent compared to the previous month, generating gross gaming revenue of $813,504, a fall of [...]

1 min read
Rank Group

Rank Group returns to profit as first half revenue grows to £333.7m

London-listed bingo and casino operator Rank Group has reported an 88 per cent increase in net gaming revenue (NGR) to £333.7m for the first half of its 2021/22 financial year, buoyed a return to growth from its UK-facing digital business.

Rank said that year-on-year comparisons for the six-month period ended 31 [...]

1 min read
Gaming Realms

New market launches drive Gaming Realms revenue growth

London-listed content developer Gaming Realms expects to post a 27 per cent increase in full-year 2021 revenue to £14.5m, driven by entry into new markets.

The strong revenue growth followed the launch of Slingo content with 35 new partners internationally, including a number of regulated European iGaming markets, as well as [...]

1 min read
PointsBet

PointsBet launches online sportsbook in New York State

Sydney-listed PointsBet has become the latest operator to launch an online sportsbook in New York State.

PointsBet went live with its new sports betting product in the state last night, becoming the sixth of the nine previously approved online sportsbooks to launch in New York State, following in the footsteps of [...]

1 min read
Spain

Spanish online gambling self-exclusions climb 14% in 2021

New data from Spain’s gambling regulator has revealed a 13.6 per cent increase in the number of people self-excluding themselves from online gambling during 2021.

The Dirección General de Ordenación del Juego (DGOJ) said there were 7,640 new additions to Spain’s national self-exclusion register for iGaming during the year, bringing the [...]

1 min read
Louisiana

Louisiana’s new sportsbook market generates $39.5m in December

Louisiana’s newly regulated sports betting market took in wagers of $39.5m in December from the state’s 11 operational retail sportsbooks.

In the second full month of operations since retail sportsbooks opened on October 31, December wagers increased by 43 per cent month-on-month.

This generated combined December net proceeds of $4.4m across the [...]

1 min read

Mississippi sportsbooks collect $586.1m in wagers during 2021

Mississippi’s licensed sportsbook operators generated combined wagers of $586.1m in 2021 as betting handle in December climbed 3 per cent compared to the same month in 2020.

Total sports wagers from the state’s 26 licensed casinos rose to $56.8m in December, despite an 8 per cent year-on-year decline from American football [...]

1 min read
Pennsylvania

Record year as Pennsylvania gaming revenue grows to $4.73bn

Pennsylvania’s regulated betting and gaming market reached new heights in 2021 as total revenue increased by 78 per cent to $4.73bn, generating combined tax revenue for the state of $1.93bn.

With 2020 revenue significantly impacted by closures and safety measures implemented at casinos as a result of Covid-19, there was strong [...]

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