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Iowa online sports bets climb to $7m in May

Iowa’s 13 licensed online sportsbooks collected total wagers of $7m in May as the state’s land-based casinos remained shuttered during the month due to COVID-19.

Total wagers increased significantly compared to the previous month’s $1.6m total, with Prairie Meadows Racetrack & Casino continuing to lead the market with $2.7m in online [...]

2 mins read

West Virginia mobile sportsbooks collect $5m in wagers in May

West Virginia’s licensed mobile sportsbooks collected $5m in total wagers during the COVID-19-hit four-week period ended 30 May.

Despite the closure of the state’s casinos in mid-March as a result of the COVID-19 pandemic and the cessation of most major sports, total wagers increased by 67 per cent versus the previous [...]

2 mins read

French betting and gaming market grows to €435m in first quarter

France’s regulated online betting and gaming market has recorded a 22 per cent increase in gross gaming revenue to €435m for the first quarter of 2020.

The country’s gambling regulator ARJEL said that the market saw year-on-year growth across all product verticals, despite the COVID-19 crisis negatively impacting results during the [...]

4 mins read
Intralot

US growth fails to offset first quarter revenue decline for Intralot

Athens-listed gaming supplier and operator Intralot has reported a 47 per cent drop in revenue to €102.0m for the first quarter of 2020.

Intralot’s systems handled €3.7bn of worldwide wagers during the quarter, an increase of 6 per cent versus a year ago, benefiting from strong growth in Eastern Europe as [...]

4 mins read

Rhode Island sportsbooks collect wagers of just $0.6m in April

Rhode Island’s regulated sports betting market recorded total wagers of just $591,377 in April, as the state’s two casinos remained closed as a result of the COVID-19 pandemic.

Total wagers were down 93 per cent month-on-month, with the bulk of the total generated by the IGT-powered Sportsbook Rhode Island mobile app, [...]

2 mins read

Record Digital performance drives UK National Lottery sales to £7.9bn

UK National Lottery operator Camelot has reported a 10 per cent increase in sales to £7.91bn for the year ended 31 March, with digital sales exceeding £2bn for the first time.

Sales of draw-based games rose 11 per cent to £4.54bn, driven by improvements to the flagship Lotto game, as well [...]

1 min read
Gaming Realms

Gaming Realms shares climb over 16% on positive trading update

Shares in London-listed gaming supplier Gaming Realms were trading more than 16 per cent higher Tuesday morning after the company said that it expects to exceed its EBITDA target for the year.

In a trading update released early Tuesday, Gaming Realms said that its strong performance in the first quarter of [...]

2 mins read

UK gambling market falls to £14.3bn following land-based declines

The UK Gambling Commission (UKGC) has revealed that the UK gambling market shrunk by 0.5 per cent to £14.3bn in the 12 month period between October 2018 and September 2019.

Total gross gambling yield (GGY) was down marginally compared to the April 2018 to March 2019 period, with GGY excluding lotteries [...]

1 min read
Flutter Entertainment

Flutter Entertainment sees improved momentum in Q2

London-listed gaming operator Flutter Entertainment has reported strong trading in the first six weeks of the second quarter, driven by the recently acquired Stars business and growth in Australia and the United States.

The company said in a trading update Thursday that it is seeing improved momentum, despite the ongoing disruption [...]

1 min read
Malta Gaming Authority

Malta Gaming Authority survey looks at impact of COVID-19

A survey conducted by the Malta Gaming Authority shows that both B2B and B2C gaming licensees expect lower revenue this year due to the impact of COVID-19.

The 64 B2B suppliers who participated in the MGA survey said that revenue is forecast to be 20 per cent lower than previous budget [...]

2 mins read
Codere

Codere revenue slumps 21% in first quarter due to coronavirus-related closures

Madrid-listed gaming operator Codere has reported a 21 per cent fall in revenue to €278.5m for the first quarter of 2020, with results impacted by the temporary closure of its entire retail operations for most of March as a result of the COVID-19 crisis.

The closures had a significant impact on [...]

1 min read

PointsBet sees positive momentum ahead of Australian sports return

Australian and US sports betting operator PointsBet Holdings said Wednesday that it continues to see positive trends in its Australian business, driven by a shift in gambling spend online as a result of retail venue closures.

Despite the significant disruption of COVID-19 to key sporting leagues such as the National Rugby [...]

1 min read
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