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Regulatory issues cause bet-at-home.com to reduce full year guidance

Frankfurt-listed betting and gaming operator bet-at-home.com has lowered its full year revenue and EBITDA guidance as a result of operational struggles in Germany and regulatory issues in Poland and Austria.

In its core market of Germany, bet-at-home.com said that results were impacted by the implementation of new conditions as part of [...]

1 min read

New Jersey sports betting and iGaming revenue hits $1bn in first half of 2021

New Jersey’s regulated betting and gaming market generated total gaming revenue of $2.11bn in the first half of 2021, with sports betting and iGaming accounting for $1bn of the total.

The market was boosted by a strong performance in June as gaming revenue soared 303 per cent to $392.8m compared to [...]

1 min read

Mississippi sportsbook handle grows to $43.1m in June

Mississippi’s licensed sportsbook operators generated wagers of $43.1m during the month of June.

Total wagers from the state’s 26 licensed operators rose 19 per cent compared to the previous month’s $36.1m, with basketball representing $19.5m of the total, followed by baseball at $10.7m and Sports Parlay Cards at $4.8m. Other sports [...]

1 min read

British online gambling yield declines to £533m in May

Britain’s Gambling Commission has revealed that gross gambling yield (GGY) from the online sector fell by 5 per cent compared to the previous month to just over £533m in May.

Data from the biggest operators representing 80 per cent of the market shows that total bets increased by 1 per cent [...]

1 min read

HKJC posts record betting turnover in 2020/21 racing season

The Hong Kong Jockey Club (HKJC) has reported record betting turnover of HK$136bn (£12.67bn) following the conclusion of the 2020/21 racing season this week.

Turnover increased by 12 per cent compared to the previous year, marking the first time that turnover has risen above the HK$130bn mark.

The record turnover was [...]

2 mins read

Michigan commercial casino revenue dips to $108.1m in June

Michigan’s three commercial casinos in Detroit generated aggregate betting and gaming revenue of $108.1m in June.

Continuing to operate at limited capacity for 21 of 30 days due to Covid-19 restrictions, revenue fell marginally compared to the previous month’s $109.7m.

Table games and slots were down 2 per cent month-on-month at $105.8m [...]

1 min read
Bragg Gaming Group

Bragg Gaming grows first half revenue to €29.2m

Toronto-listed gaming supplier Bragg Gaming Group expects to achieve its full year revenue target of €47m following a strong performance during the first half of the year.

The company said Wednesday that its expects to report revenue of €29.2m for the first six months of 2021 following a 23.5 per cent [...]

1 min read

West Virginia sportsbook and iGaming wagers soar to $1.7bn

West Virginia’s regulated sports betting and iGaming market generated total wagers of $1.7bn during the financial year ended 30 June 2021.

Sports betting handle more than doubled to $518.1m versus the prior Covid-impacted financial year, with more than two-thirds of the total derived online, while the newly regulated iGaming market generated [...]

1 min read
Score Media and Gaming

theScore widens quarterly loss despite strong media revenue growth

Toronto-listed Score Media and Gaming has has widened its quarterly loss after generating negative results from betting and gaming.

The company reported a 170 per cent increase in total revenue to CAD$6.4m for its financial third quarter ended 31 May.

Media revenue soared by 270 per cent year-on-year to a record [...]

1 min read

DraftKings dominates Indiana online sports betting market in June

Indiana’s regulated sports betting market collected total wagers of $246.3m in June, with Penn National Gaming’s Ameristar Casino maintaining its market leadership position.

Total sports wagers from the state’s 11 operational casinos fell by 3 per cent compared to the previous month, with online sports betting contributing $218.4m and retail betting [...]

1 min read
Oregon

Oregon’s Scoreboard takes in $166.6m in first half sports wagers

Oregon’s regulated sports betting market generated total handle of $166.6m in the first half of 2021.

The Oregon Lottery’s DraftKings-powered Scoreboard online sports betting operation saw June handle decline by 10 per cent compared to the previous month to $24.9m, with basketball representing more than half of the total with $12.9m.

This [...]

1 min read

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
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