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New York mobile sports betting grows by 9% in January

Mobile sports betting in New York grew by 9 per cent to $1.96 billion in January, although it was the first time in four months that handle dipped below $2 billion.

FanDuel led the mobile betting market in the Empire State with a 44 per cent share, growing handle by 19 [...]

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Montana sports betting falls by 18% in January

The Montana Lottery reported an 18 per cent fall in sports betting to $5.9 million for the first month of 2024.

American football accounted for 52 per cent of wagers in January at $3.1 million, ahead of basketball with $2.2 million, a 37 per cent share of bets.

Ice hockey was the [...]

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US racing handle hit by bad January weather

Total wagering on US horseracing decreased by 11 per cent to $779.9 million in January, according to data published by Equibase.

January had 48 fewer race days at 217, a fall of 18 per cent on the previous year. Bad weather was the main reason for the lower number of race [...]

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Mohegan grows first quarter revenue to $425.2 million

The Mohegan Tribal Gaming Authority has reported a 5 per cent increase in net revenue to $425.2 million for the fiscal first quarter ended 31 December.

This was driven by continued growth from Mohegan Digital, as well as non-gaming revenue from the newly opened Mohegan INSPIRE.

As with the previous quarter, revenue [...]

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Wyoming State Flag

Wyoming posts $172 million in 2023 sports handle

Wyoming posted annual sports handle of $172.2 million in 2023, a rise of 19 per cent on the previous year.

December’s sports wagers increased by 26 per cent to $19.0 million and DraftKings dominated the market with a 58 per cent share at $11.0 million.

FanDuel was a distant second with sports [...]

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Virginia sports wagers top $5.5 billion in 2023

Sports wagers in Virginia grew by 14 per cent to $5.59 billion in 2023, as handle jumped by 26 per cent to $633.2 million in December.

Online sports handle rose by 24 per cent to $625.5 million in the closing month of 2023, while retail betting at Virginia’s casinos was $7.7 [...]

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Oregon Lottery reports $67 million in January sports bets

The Oregon Lottery reported an 8 per cent increase in January’s sports handle to $67.1 million.

Single bets grew by 11 per cent to $47.3 million, and combination bets were unchanged on the same month last year at $19.8 million.

Oregon’s wagering by sport was dominated by ‘other’ unspecified sports with handle [...]

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Boyd Gaming

Boyd Gaming revenue reaches $3.74 billion in 2023

Boyd Gaming has reported a 5 per cent increase in full year revenue to $3.74 billion in 2023, benefiting from a strong contribution from its Online division.

Revenue in the final quarter of the year rose 3 per cent to $954.5 million, with Online seeing the biggest growth as revenue increased [...]

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BetMGM

BetMGM benefits from new market launches in 2023

The BetMGM joint venture between MGM Resorts and Entain grew net revenue by 36 per cent to $1.96 billion in 2023, with the business generating positive EBITDA in the second half of the year.

The business recorded improvements in key metrics across both iGaming and online sports betting during the year, [...]

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Ohio reports $7.7 billion in first year sports betting

Sports betting in Ohio amounted to $7.66 billion in its first year, after December’s sports wagers in the Buckeye State hit $829.9 million.

Ohio’s online sports handle was $809.7 million in December and FanDuel was the market leader with $289.0 million in bets.

DraftKings was in second place with wagers of $261.3 [...]

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Macau recovery takes Wynn Resorts full year revenue to $6.53 billion

Wynn Resorts has posted a 74 per cent increase in full year revenue to $6.53 billion, benefiting from a strong finish in the final quarter of 2023.

Revenue in fourth quarter of the year rose 83 per cent year-on-year to $1.84 billion as the post-Covid recovery in Macau continued.

Across the company’s [...]

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Kindred

Kindred slips to Q4 loss as North American closure impacts bottom line

Kindred Group has reported a 13 per cent increase in total revenue to £1.21 billion for the full 2023 year, with profit for the year negatively impacted by the closure of its North American operations.

Revenue for the final quarter of the year climbed 2 per cent to £312.9 million, with [...]

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