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FanDuel dominates in record month for Iowa sportsbooks

Iowa’s regulated sports betting market surged to a new record monthly high as total wagers reached $161.4m in March 2021.

Betting at Iowa’s 18 operational sportsbooks increased significantly compared to the $19.6m recorded in March 2020, with the comparable period last year impacted by casino closures relating to Covid-19.

Online wagers contributed [...]

1 min read
Gaming Intelligence GIQ20 Analysts Hour

Gaming Intelligence GIQ20 Analysts Hour – April 2021

John DeCree of Union Gaming, Ivor Jones of Peel Hunt and Gavin Kelleher Goodbody analyse the FY2020 annual reports and look forward to 2021

The very first GI Analysts Hour proved to be a lively affair with our expert panel of analysts dissecting the GIQ20, our definitive ranking of the fastest [...]

1 min read

Record month for West Virginia sports betting and iGaming

West Virginia’s licensed casino operators enjoyed another record month in March as total sports betting and iGaming wagers rose to $166.2m.

Sports betting and iGaming wagers at the state’s five casinos for the four-week period ending 27 March increased by 7 per cent compared to the previous month’s record $155.2m total.

West [...]

1 min read

China lottery sales reach €2.44bn in February

China’s lottery market generated total sales of RMB18.96bn (€2.44bn) in February 2021.

The comparable period last year saw just RMB1m in sales, as the coronavirus outbreak decimated results following the closure of lottery retailers in January 2020.

February’s total was down 47 per cent compared to the previous month, and comprised RMB11.1m [...]

1 min read

Rush Street Interactive tops GIQ20 ranking of fastest growing companies

Most of the betting and gaming industry’s fastest growing companies owed their places in the GIQ20 to the US market, but some of the big beasts suffered as a result of the Covid-19 pandemic.

Rush Street Interactive tops the GIQ20 by a mile with an astonishing 337 per cent rise in [...]

1 min read

Virginia sports wagers reach $265.8m in first full month of operation

Virginia’s newly regulated sports betting market generated total wagers of $265.8m in its first full month of operation.

Legal sports betting launched in Virginia on 21 January with $59m in wagers generated during the initial 11-day period.

In February the state’s five licensed operators generated wagers of $265.8m, including $19.6m from the [...]

1 min read

Delaware sports wagers climb 72% in March

Delaware’s regulated sports betting market saw total wagers increase by 72 per cent year-on-year to $6.7m in March 2021.

The year-on-year growth was attributable to the early impact of the Covid-19 pandemic a year ago, which forced the closure of the state’s three casinos and 102 sports lottery retailers in mid-March [...]

1 min read

Record Q4 takes Portugal’s regulated iGaming market to new heights

Portugal’s regulated online betting and gaming market grew by 56 per cent in 2020 as gross gaming revenue reached €336.4m, buoyed by a record performance in the final quarter of the year.

After enjoying a strong performance during the third quarter of 2020, the country’s 15 licensed operators saw gross gaming [...]

1 min read
Sportech

Sportech 2020 revenue hit by pandemic

London-listed sports betting technology provider Sportech has posted a 41 per cent decline in revenue from continuing operations to £20.0m in 2020, as trading was negatively impacted by Covid-19.

The company said it was a year of “challenge and change” as Covid-19 restrictions had a material impact on its performance due [...]

1 min read
bet365

bet365 posts 8% annual revenue decline

Leading online betting and gaming operator bet365 has recorded an 8 per cent drop in revenue to £2.81bn for its financial year ended 31 March 2020, with the latter part of its financial year impacted by the Covid-19 pandemic.

Sports and gaming revenue was down by 8 per cent at £2.76bn, [...]

1 min read
OPAP

OPAP lauds online growth as pandemic hits 2020 revenue

Athens-listed lottery and gaming operator OPAP has reported a 30 per cent fall in full-year gross gaming revenue (GGR) to €1.13bn in 2020, as revenue during the final quarter of the year continued to be hampered by Covid-19 restrictions.

Total amounts wagered were down 31 per cent at €863.7m in Q4, [...]

1 min read
Spain

Spanish iGaming market grows to €231.3m in Q4 2020

In a strong finish to the year, Spain’s regulated online betting and gaming market grew by 25 per cent year-on-year to €231.3m in the fourth quarter of 2020.

Total gross gaming revenue (GGR) was up by 20 per cent compared to the previous quarter, driven by strong performances from online sports [...]

1 min read
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