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Delaware sportsbook handle reaches $48.3m in first half

Delaware’s licensed sportsbook operators generated total sports wagers of $48.3m in the first six months of 2021.

Wagering rose significantly compared to the same period last year when the Covid-19 pandemic forced the closure of the state’s three casinos and 102 sports lottery retailers in mid-March 2020.

Delaware Sports Betting Wagers: H1 [...]

1 min read
Des Moines Iowa

Iowa’s first half sports betting handle reaches $1.22bn

Iowa’s licensed sportsbook operators collected total wagers of $1.22bn in the first six months of 2021, of which $985.1m was generated online.

The state’s 18 operational sportsbook saw wagers in June decline by 3 per cent compared to the previous month at $111.2m, comprising online sports wagers of $95.1m and retail [...]

1 min read
GAN

GAN raises full year revenue guidance after strong Q2 performance

New York-listed gaming operator and B2B supplier GAN expects to report second quarter revenue of between $34m to $35m.

The company benefited from its recently acquired B2C business Coolbet during the period, with a stronger than expected performance in Latin America and Northern Europe and higher sports betting margin of 9.7 [...]

1 min read
Entain

Entain raises financial guidance after strong H1 performance

Entain has increased its full-year financial guidance following a strong performance in the first half of 2021, driven by higher sports betting activity and better than expected performances from recent acquisitions.

The company said in a post-close trading update Thursday that it now expects full-year EBITDA to be in the range [...]

1 min read
Betsson

Betsson benefits from sportsbook growth in Q2

Stockholm-listed gaming operator Betsson expects to report record operating profit for the second quarter of the year, driven by a resurgence in sports betting following last year’s covid-related cancellations.

The company benefited from major sporting events such as the Copa América and the UEFA Euro 2020 championship, which contributed to a [...]

1 min read
888 Holdings

Sportsbook and casino drive 888’s second quarter revenue growth

London-listed betting and gaming operator 888 Holdings has reported a 20 per cent increase in total revenue to US$257m for the second quarter of 2021.

The Q2 results were slightly ahead of the company’s expectations, reflecting continued momentum in the business and favourable exchange rate movements.

On a constant currency basis, revenue [...]

1 min read

DraftKings back on top but Illinois sportsbook handle dips in May

Illinois’ regulated sports betting market posted a decline for the second consecutive month as total wagers fell to $507.3m in May.

Wagers at the state’s nine operational sportsbooks were down by 6 per cent compared to the previous month’s $537.2m, with online wagers accounting for $482.5m and retail contributing $24.8m.

A total [...]

1 min read

Sports Lottery drives China lottery market growth in May

China’s two state-owned national lotteries recorded a 3 per cent increase in total lottery sales to RMB30.20bn (€3.94bn) in May, despite a decline from the Chinese Welfare Lottery.

After seeing strong growth during the first four months of 2021, Sports Lottery sales increased by 24 per cent to RMB18.88bn in May, [...]

1 min read

Record May for Nevada casinos as tourists return to Las Vegas

Nevada’s regulated gambling market has generated record total gaming win of $1.23bn in May as tourists returned to Las Vegas casinos.

With land-based casinos allowed to return to 100 per cent capacity following more than a year of restrictions due to Covid-19, licensed operators generated gaming win of more than $1bn [...]

1 min read

Virginia sports handle surpasses $1bn mark despite May decline

Virginia’s licensed sports betting operators have collected more than $1bn in handle since the opening of the market in January 2021.

In the fourth full month since legal sports betting launched on 21 January, Virginia's total sports betting handle fell by 4 per cent month-on-month to $227.0m in May, according to [...]

1 min read
Rank Group

Rank set for £80m HMRC refund as trading begins to improve

London-listed gaming operator Rank Group has reported trading in line with management expectations in the first six weeks since the reopening of its venues in the UK.

The operator’s venues have been trading above cash breakeven and are expected to continue to improve as social distancing and international travel restrictions are [...]

1 min read

Tennessee sports betting wagers dip in May

Tennessee’s licensed online sports betting operators collected total wagers of $160.9m in May, the lowest monthly total since the opening of the market last November.

Total wagers at the state’s seven licensed online sportsbooks fell by 7 per cent compared to the previous month’s $172.4m.

Payouts to players amounted to $145.5 during [...]

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