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Mississippi sports handle drops by 34% in December

Sports handle in Mississippi dropped by 34 per cent to $48.9 million in December, up against a particularly strong month in 2022.

Betting on American football was $20.0 million and accounted for 41 per cent of Mississippi’s total wagers.

Basketball bets were $13.1 million and parlay wagers were $11.1 million.

December’s betting margin [...]

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Connecticut posts sports and iGaming bets of $1.5 billion in December

Connecticut’s sports and iGaming wagers set another monthly record in December, rising by 29 per cent to $1.50 billion.

Wagering on iGaming in Connecticut was up by 28 per cent to $1.29 billion, finishing 2023 on a new monthly high.

Online sports handle was above $200 million for the first time, growing [...]

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Golden Matrix widens loss despite record revenue in FY23

Las Vegas-based Golden Matrix Group has reported a 23 per cent increase in revenue to a record $44.2 million for the fiscal year ended 31 October 2023.

The company’s B2C operations contributed $28.5 million in revenue, with a further $15.6 million generated from B2B.

Within the B2C segment, RKings Competitions had over [...]

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Toronto, Ontario

Ontario iGaming turnover surpasses CAD$17 billion

iGaming Ontario has reported a 49 per cent increase in total iGaming turnover to CAD$17.23 billion (€11.73 billion) in the fiscal third quarter ended 31 December 2023.

Online casino gaming was the largest sector with wagers of CAD$13.70 billion during the three month period, accounting for 80 per cent of the [...]

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New Jersey gambling revenue grows by 15% in December

Gambling revenue in New Jersey grew by 15 per cent to $522.2 million in December, driven by strong performances from sports betting and iGaming.

December’s gambling revenue meant that the Garden State’s total revenue for 2023 increased by 11 per cent to $5.78 billion.

In December, iGaming revenue was up 19 per [...]

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Massachusetts reports $104 million in December gaming revenue

Massachusetts’s three gaming venues reported revenue of $104.4 million in December, including retail sports betting.

Total revenue from gaming activities was unchanged year-on-year at $103.0 million, while retail sports betting revenue was $1.3 million.

Slot machine revenue was 6 per cent higher at $68.7 million, which helped to offset a 10 per [...]

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Massachusetts sports wagers near $5 billion in 2023

Massachusetts’s sports wagers were $4.97 billion in 2023, the Bay State’s first year of regulated sports betting.

Retail betting at Massachusetts’s three gaming venues began in January and they posted wagers of $154.0 million for the year.

The Encore Boston Harbor had retail bets of $85.1 million, Plainridge Park $51.2 million, and [...]

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Flutter Entertainment

Flutter Entertainment posts 24% revenue growth for 2023

Flutter Entertainment grew full year revenue by 24 per cent to £9.51 billion in 2023, with revenue in the fourth quarter of the year rising by 11 per cent versus the same period in 2022.

Revenue in the fourth quarter of 2023 climbed to £2.67 billion as Gaming revenue rose 15 [...]

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Macau gaming revenue rises to MOP183 billion in 2023

Macau’s gaming revenue rose to MOP183.06 billion (€20.89 billion) in 2023, after fourth quarter revenue increased five-fold to MOP54.11 billion.

The baccarat tables at Macau’s casinos accounted for 85 per cent of casino gaming revenue during the year, with MOP110.49 billion coming from mass market players and MOP45.19 billion from VIP [...]

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Oregon sports wagers hit $675 million in 2023

The Oregon Lottery reported a 36 per increase in sports wagers to $73.2 million in December, taking the annual total to $675.0 million.

December’s handle was another record for Oregon and was the third month in a row with wagers above $70 million.

American football wagers were $23.1 million and bets on [...]

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Virginia gaming revenue surpasses $550 million in 2023

Virginia recorded gaming revenue of $554.9 million from its three land-based casinos in 2023, after December’s revenue increased four-fold to a new monthly high of $58.5 million.

There were 3,185 slot machines installed across Virginia’s three venues and they earned revenue of $42.8 million in December. Monthly table gaming revenue was [...]

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888 Holdings

888 shares dip as 2023 revenue falls 8%

888’s compliance changes in dot.com markets and the implementation of safer gambling policies in the United Kingdom cost the company an estimated £80 million in revenue in 2023.

In a post-close trading update Wednesday, 888 Holdings revealed that total revenue for 2023 fell by 8 per cent to £1.71 billion, with [...]

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