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Catena Media shares slump as Q3 revenue falls 28%

Stockholm-listed affiliate Catena Media has reported a 28 per cent decrease in revenue from continuing operations to €15.9 million for the third quarter of 2023.

The year-on-year decline primarily reflects a strategic transition of some contracts in North America from cost per acquisition (CPA) to revenue share, while new depositing customers [...]

1 min read

Massachusetts online sports handle hits $555 million in October

Online sports handle in Massachusetts hit $555.7 million in October, in a market dominated by DraftKings.

DraftKings claimed a 55 per cent share of wagers at $304.8 million in its best monthly performance since launch in March.

FanDuel had bets of $155.6 million, giving it a 28 per cent share. None of [...]

1 min read

Record jackpots boost Oregon Lottery in FY2023

The Oregon Lottery will return nearly $900 million in profit to the state for the 2023 fiscal year ended 30 June.

This marks a slight decline from the previous year due to an increase in operating costs, while unclaimed prizes of $9 million will also go back to the state to [...]

2 mins read
Pennsylvania

Pennsylvania sports wagers surpass $800 million in October

Pennsylvania’s sports wagers surpassed $800 million for the first time in October, rising by 4 per cent to $829.0 million.

Online sports betting wagers grew by 6 per cent to $773.2 million, and made up for a 14 per cent decline in retail betting to $55.8 million.

After the deduction of $25.5 [...]

1 min read

New Jersey iGaming market sets new record in October

New Jersey’s iGaming revenue rose by 13 per cent to a new record of $166.8 million in October, and helped the state’s total gambling revenue reach $487.1 million.

Online casino revenue was up by 13 per cent to $164.4 million in October, while online poker revenue was 6 per cent higher [...]

1 min read

Cyprus sports betting wagers rise 26% in Q2 2023

Sports betting wagers in Cyprus increased by 26 per cent to €256.5 million in the second quarter of 2023, with strong growth for both the online and retail betting sectors.

Online sports betting increased by 28 per cent to €184.5 million in Q2, and retail betting rose by 20 per cent [...]

1 min read
Arizona

Arizona sports handle back above $600 million in September

Arizona’s sports handle increased by 14 per cent to $610.7 million in September and was back above $600 million for the first time since March.

September’s betting performance took Arizona’s total wagers for the first nine months of the year to $4.52 billion, versus $4.23 billion in 2022.

Mobile wagering was up [...]

1 min read

Mississippi sports handle drops below $50 million in October

Retail sports handle in Mississippi dropped by 12 per cent to $49.5 million in October, led by a fall in American football wagering.

Betting on American football was 14 per cent lower at $27.2 million, but parlay bets were up 4 per cent at $11.5 million.

Wagers on unspecified ‘other’ sports rose [...]

1 min read

Washington DC sports wagers tumble by 34% in October

Sports wagers in Washington DC fell by 34 per cent to $16.4 million in October, as both Caesars and GambetDC recorded substantial falls.

Caesars was the market leader in October with wagers of $6.0 million, but this was 27 per cent lower than the same month last year. GambetDC was down [...]

1 min read
Northstar Bets

NorthStar Gaming revenue more than doubles in third quarter

Canadian online betting and gaming operator NorthStar Gaming has doubled its revenue for the third quarter to CAD$4.7 million.

Total wagers from Northstarbets.ca grew by 140 per cent to $138.0 million in the third quarter of this year, helping revenue soar 131 per cent compared to the same period last year.

This [...]

1 min read

Codere sees Q3 revenue drop 12% despite Online growth

Spanish gaming operator Codere has posted a 12 per cent drop in revenue to €301.3 million for the third quarter of 2023, with results negatively impacted by temporary venue closures in Mexico and Argentina.

The temporary closures by public authorities were due to alleged non-compliance with certain regulations in both Mexico [...]

1 min read

Chile casino revenue up 6% in September

The 25 land-based casinos in Chile reported a 6 per cent rise in revenue to CLP47.51 billion (€49.1 million) in September.

Visitor numbers to Chile’s casinos during the month rose by 10 per cent to 583,005 and took total visitor number for the first nine months of 2023 to 5.6 million [...]

1 min read
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