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Delaware iGaming market continues growth into February

Delaware’s regulated iGaming market continued its strong start to the year as net revenue climbed 18 per cent to $324,958 in February.

Total amounts wagered at the state’s three licensed operators increased by 9 per cent to $9.0m, with growth at Dover Downs and Harrington Raceway offsetting a decline at market leader [...]

3 mins read
Gamesys Group

Asia performance drives strong growth for Gamesys Group in 2019

London-listed online bingo-led operator Gamesys Group has reported a 35 per cent increase in revenue to £415.1m for 2019, boosted by results from the newly acquired Gamesys brands and organic growth in the UK and Asia.

On a proforma basis, revenue was up by 15 per cent compared to the previous [...]

5 mins read
GVC

GVC warns of impact of sporting cancellations on earnings

London-listed sports betting and gaming operator GVC Holdings said Monday that the significant reduction in sporting events as a result of the coronovirus could reduce its full year EBITDA by between £130m and £150m.

Providing an update regarding the impact of COVID-19 and subsequent cancellation of sporting events, GVC said that the well-being, safety and security [...]

3 mins read
The Stars Group

The Stars Group on course for strong first quarter revenue growth

Toronto-listed betting and gaming operator The Stars Group Inc said Monday that it remains confident of delivering revenue growth this year, despite the recent postponement and cancellation of a number of major sporting events globally.

In a trading update, the operator said that Q1 revenue from its International segment was slightly ahead of the prior [...]

3 mins read

Flutter Entertainment issues profit warning over sporting fixture cancellations

London-listed betting and gaming operator Flutter Entertainment has warned that group EBITDA could be reduced by as much as £110m if the current restrictions on sports fixtures remain in place until the end of August.

With almost all major sporting events in the UK and across the world cancelled or postponed indefinitely in an [...]

4 mins read

DraftKings sees 2019 revenue reach $323m ahead of SBTech combination

DraftKings has reported a 43 per cent increase in net revenue for 2019 to $323m, following a transformative year for the sports betting and fantasy sports operator.

DraftKings launched sports betting in Indiana, Iowa, New Hampshire, New York, Pennsylvania and West Virginia during 2019 and established new relationships with the NFL and PGA [...]

1 min read

iGaming and sports betting continue to boost New Jersey gambling market

New Jersey’s regulated betting and gaming market grew by 19 per cent in February as total gaming revenue reached $287.3m for the month.

Revenue from the land-based casino sector increased by 11 per cent year-on-year to $218.3m, equivalent to more than three-quarters of the monthly total, with sports betting revenue climbing [...]

1 min read

New acquisition boosts Inspired Entertainment’s full year revenue

New York-listed gaming supplier Inspired Entertainment has reported a 9 per cent increase in total revenue to US$153.4m for 2019, benefiting from the first contribution from its newly acquired UK gaming terminals business.

Revenue during the final quarter of the year soared 116 per cent to $66.4m, driven by growth across [...]

1 min read

Iowa sportsbooks benefit from record online performance in February

Iowa’s regulated sports betting market collected total wagers of $56.9m during the month of February, with one-third generated online.

Total sports betting wagers declined by 2 per cent compared to the previous month, with online wagers contributing $37.8m and retail wagers $19.1m.

Iowa Sports Betting: February 2020 (US$)

Prairie Meadows Racetrack & Casino [...]

1 min read

Indiana sports betting market tops $187m in wagers in February

Indiana’s 11 operational sportsbooks saw continued growth in February as total wagers reached $187.2m during the month.

Total wagers grew by 10 per cent compared to the previous month, with five online sportsbooks contributing $145.9m, an increase of 18 per cent month-on-month. Retail wagers accounted for the remaining $41.3m, down 13 per [...]

1 min read

bet-at-home.com grows revenue in 2019 but warns of trouble ahead

Frankfurt-listed gaming operator bet-at-home.com has reported a 2 per cent increase in net betting and gaming revenue to €117.5m for 2019, as turnover reached a record €3.2bn during the year.

Gross betting and gaming revenue fell marginally to €143.3m versus the same period a year ago, which included the FIFA World Cup, with betting fees [...]

1 min read

Mobile leads the way for West Virginia sports betting market in February

West Virginia’s five operational sportsbooks enjoyed their strongest month to date, collecting more than $39.6m in sports betting stakes during the four-week period ended 29 February.

Total stakes in West Virginia soared by 120 per cent compared to a year ago following the re-launch of sports betting operations at Wheeling Island Hotel Casino [...]

1 min read
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