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Virginia online sportsbooks set record wagering high of $485.5m

Virginia’s licensed sports betting operators set a new monthly record of $485.5m in wagers in January 2022.

Wagering at the state’s 11 online sportsbooks increased by 14 per cent compared to the previous month, and surpassed the market’s previous record high of $427.3m set in October.

Virginia bettors won a total of [...]

1 min read

Scientific Games returns to profit as 2021 revenue grows to $2.15bn

New York-listed Scientific Games has reported consolidated revenue from continuing operations of $2.15bn in 2021, buoyed by a record performance from its iGaming and SciPlay divisions.

Excluding results from the discontinued Lottery and Sports Betting divestitures, full year revenue was up 27 per cent compared to the previous year, with strong [...]

1 min read
Colorado Flag

Colorado sportsbooks collect record handle of $573.7m in January

Colorado’s regulated sports betting market hit a new monthly high in January 2022 as total sports handle reached $573.7m.

In a strong start to 2022, total handle grew by 75.5 per cent year-on-year and was up 24 per cent compared to the previous month.

Basketball took over as the most popular betting [...]

1 min read
SciPlay

SciPlay sees net income fall despite growth in revenue

Social gaming operator SciPlay has reported a five per cent increase in fourth quarter revenue to $154.4m, helping to drive full-year revenue for 2021 to $606.1m.

SciPlay benefited from a 17.5 per cent increase in average revenue per daily active user (ARPDAU) in the fourth quarter to $0.74, although average daily [...]

1 min read
IGT

Record year for IGT as 2021 revenue grows to $4.1bn

New York-listed International Game Technology (IGT) has reported a 31 per cent increase in revenue to $4.09bn in 2021, generating record operating income of $902m for the year.

IGT said that it met or exceeded all of its financial goals in 2021, posting double-digit growth across all three of its business [...]

1 min read
Flutter Entertainment

Flutter Entertainment widens loss despite strong revenue growth in 2021

London-listed betting and gaming operator Flutter Entertainment has reported group revenue of £6.04bn for 2021, with strong growth in sports offsetting flat gaming revenue.

Flutter’s full year revenue increased by 37 per cent year-on-year on a reported basis, with the company benefiting from a full year’s contribution from The Stars Group [...]

1 min read
BlueBet

BlueBet slips to first half loss as marketing costs triple

Sydney-listed online sports betting operator BlueBet Holdings has reported a 62 per cent increase in turnover to AUD$264.5m for the first half period ended 31 December 2021.

Turnover exceeded the company’s forecasts by 21 per cent as the operator continued to take market share in Australia and prepared to enter the [...]

1 min read

BetMakers revenue soars after integrating Sportech assets

Sydney-listed betting technology provider BetMakers has seen revenue soar by 473 per cent to AUD$43.5m in its fiscal first half ended 31 December 2021, benefiting from the integration of Racing and Digital assets acquired from Sportech.

The acquisition significantly expanded BetMakers’ operations in the United States, United Kingdom and Europe, with [...]

1 min read

ATG posts horse race betting and iGaming decline

Swedish betting and gaming operator AB Trav och Galopp (ATG) has reported a 2 per cent drop in net gaming revenue (NGR) to SEK5.26bn (€495.8m) in 2021.

Total NGR was negatively impacted by Covid-related restrictions and closures during the year, with Retail NGR declining 22 per cent to SEK965m. This was [...]

1 min read
PointsBet

PointsBet widens loss despite strong first half revenue growth

Sydney-listed betting and gaming operator PointsBet Holdings has reported an 85 per cent increase in revenue to AUD$139.1m (€89.2m) for the first half period ended 31 December 2021, although higher marketing expenses widened the company's net loss during the period.

Turnover from PointsBet’s Australian and US sports betting businesses increased by [...]

1 min read

Sports betting in Rhode Island continues growth in January

Rhode Island’s regulated sports betting market got off to a strong start in 2022 as total handle increased to $58.6m in January.

January handle increased by 47 per cent compared to the same month last year and came in just 3 per cent below the state’s record monthly high of $60.2m [...]

1 min read

Nevada gambling market continues growth into January 2022

Nevada’s regulated gambling market saw total gaming win increase 42 per cent to $1.08bn in January 2022, despite licensed casinos posting a decline in sports betting during the month.

After a record performance last year, the state’s regulated gambling market enjoyed a strong start to 2022 as casinos generated more than [...]

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