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Record profit for Illinois Lottery as online sales grow to $518 million

The Illinois Lottery has reported a 6 per cent increase in net income to $882 million for the fiscal year ended 30 June, the highest net income in the lottery's history.

The record performance was driven by multi-state jackpot games Mega Millions and Powerball, with three jackpots surpassing $1 billion during [...]

1 min read
PointsBet

PointsBet eyes iGaming growth in Ontario as Q1 net win climbs 18%

Sydney-listed betting and gaming operator PointsBet Holdings has reported an 18 per cent increase in total net win to AUD$58.2 million for its fiscal first quarter ended 30 September.

Turnover from sports betting fell by 3 per cent year-on-year to $611.0 million, with a higher net win margin of 9.0 per [...]

1 min read
Svenska Spel

Svenska Spel’s Q3 online revenue grows to SEK1.04 billion

Svenska Spel has reported a 1 per cent increase in net gaming revenue (NGR) to SEK1.97 billion for the third quarter of 2023, with online growth offsetting a decline from its land-based operations.

Revenue from Svenska Spel’s core lottery division rose 2 per cent to SEK1.21 billion in Q3, with growth [...]

1 min read
Louisiana

Louisiana sports betting hits $280 million in September

Sports betting in Louisiana increased by 37 per cent to $280.1 million in September, the second best monthly performance since launch.

Mobile betting was up by 44 per cent to $248.8 million and retail betting was down by just less than 1 per cent to $31.3 million.

Louisiana’s net proceeds from sports [...]

1 min read

Connecticut reports record sports and iGaming wagers in September

Connecticut’s sports and iGaming wagering rose by 22 per cent to a new monthly record of $1.31 billion in September 2023.

Total sports wagers increased by 39 per cent to $181.0 million, with both retail and online betting posting monthly highs.

Online sports betting in Connecticut grew by 40 per cent to [...]

1 min read

Arkansas reports $41 million in September sports handle

Sports handle in Arkansas hit $41.0 million in September and marked the state’s best monthly performance since launch.

Arkansas’s mobile wagering more than doubled to a new high of $35.2 million in the month and retail wagering rose by 6 per cent to $5.8 million.

All three of Arkansas’s casinos recorded their [...]

1 min read
Boyd Gaming

Online drives Boyd Gaming’s third quarter growth

US casino operator Boyd Gaming has reported a 3 per cent increase in revenue to $903.2 million for the third quarter of 2023, with its Online division contributing nearly 10 per cent of the total.

The Online growth helped to offset a 2 per cent drop in Las Vegas Locals revenue [...]

1 min read

Washington DC sports bets fall by 25% in September

Sports bets in Washington DC fell by 25 per cent to $14.5 million in September as the leading licensees all reported wagering declines.

American Wagering had the highest handle in September at $5.3 million, but this was a drop of 27 per cent on the previous year. The lottery’s GambetDC was [...]

1 min read

Buzz Bingo widens full year loss as restructuring costs offset revenue gains

British land-based and online bingo operator Buzz Bingo has reported a 40 per cent increase in revenue to £195.1 million for its financial year ended 14 January 2023.

In its first full trading period since the Covid pandemic, retail revenue grew by 47 per cent to £165.4 million, benefiting from an [...]

1 min read

Strong start for Kentucky sports betting market as wagers near $250 million

Kentucky Governor Andy Beshear has revealed that the state’s newly regulated sports betting market has generated nearly $250 million in wagers since launch.

Since wagering opened at the state’s nine operational in-person retail sportsbooks on Thursday 7 September, more than $15.7 million has been wagered.

Wagering via mobile devices went live on [...]

1 min read
Germany Berlin

German gambling taxes fall to €577 million in Q3 2023

Gambling taxes in Germany fell by 3 per cent to €576.5 million in the third quarter of 2023, the lowest quarterly figure for two years.

Sports betting tax increased by 81 per cent year-on-year to €96.7 million and lottery tax was up by 1 per cent to €414.8 million.

This was offset, [...]

1 min read

Mississippi sports wagers surpass $50 million in September

Sports wagers in Mississippi grew by 20 per cent to $51.6 million in September and were above $50 million for the first time since January.

American football bets were up by 20 per cent to $28.7 million, which was 56 per cent of Mississippi’s monthly total.

Parlay bets were $11.7 million, an [...]

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