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Entain

Entain shares dip on slower Q3 revenue growth

London-listed betting and gaming operator Entain said Monday that it expects full year EBITDA to surpass £1.0 billion, despite seeing softer than expected revenue growth during the third quarter of 2023.

In a trading update for the period 1 July to 22 September, Entain revealed that online net gaming revenue (NGR) [...]

1 min read

Caesars regains market lead in Washington DC

Sports wagers in Washington DC dropped by 38 per cent to $8.1 million in August, with the leading licensees reporting falls in handle.

For the first time in five months, Caesars was again the narrow market leader, although its handle declined by 46 per cent to $3.0 million.

GambetDC, the lottery’s betting [...]

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New Hampshire

New Hampshire sports betting falls by 11% in August

New Hampshire’s sports betting fell by 11 per cent to $38.8 million in August, with rising mobile wagers unable to offset declines in retail bets.

Mobile wagers increased by 6 per cent to $34.8 million, but retail betting fell by 62 per cent to $4.0 million.

New Hampshire’s gross win decreased by [...]

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Arkansas reports gambling revenue of $55 million in August

Gambling revenue at Arkansas’s three land-based casinos grew by 11 per cent to $55.3 million in August.

Land-based gaming accounted for the majority of revenue and was 9 per cent higher at $53.6 million, of which slot machines accounted for $47.5 million, up by 10 per cent, and table gaming was [...]

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Loto-Quebec sees lottery offset wider revenue growth

Loto-Québec has reported a 4.5 per cent fall in revenue to CAD$711.2 million in its fiscal first quarter ended June 26.

The company attributed the fall in revenue to high comparables a year ago and lower Lotto Max sales this year, with the business reporting revenue growth of 8.4 per cent [...]

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Mississippi reports sports wagers of $21 million in August

Sports wagers in Mississippi were up by 1 per cent to $21.4 million in August, and wagers for 2023 so far have now passed $260 million.

Baseball accounted for 48 per cent of Mississippi’s wagers at $10.3 million, although wagers were 8 per cent lower than the previous year.

Parlay bets increased [...]

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Michigan posts iGaming revenue of $152 million in August

Michigan posted a 16 per cent rise in iGaming revenue to $152.2 million in August, as both FanDuel and DraftKings increased their market share.

BetMGM remained Michigan’s iGaming market leader with revenue of $44.0 million, but its share dropped from 38 per cent to 29 per cent year-on-year.

FanDuel increased its monthly [...]

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Pennsylvania

Pennsylvania iGaming revenue grows by 35% in August

Pennsylvania’s iGaming revenue grew by 35 per cent to $145.0 million in August, and helped take the state’s total monthly gambling revenue to $457.2 million.

Online slots had record revenue in August, up by 39 per cent to $105.3 million, with online table gaming adding $37.3 million and online poker $2.4 [...]

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Spain

Spanish iGaming market grows to €312.6 million in Q2

Spain’s online casino market increased by 28 per cent to a new quarterly record of €149.9 million in Q2 2023, driven by a new high in online slot revenue.

Online slots generated revenue of €92.8 million in Q2, a 31 per cent rise year-on-year, with live dealer roulette revenue up by [...]

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Connecticut iGaming turnover up by 16% in August

Connecticut’s iGaming turnover increased by 16 per cent to $985.4 million in August, with DraftKings responsible for the growth.  

DraftKings and its local partner, The Mashantucket Pequot Tribe, had total iGaming turnover of $587.4 million in August, an increase of 30 per cent year-on-year.

By contrast, FanDuel and Mohegan Digital reported [...]

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New Jersey sports betting revenue surges 47% in August

New Jersey’s sports betting revenue surged by 47 per cent to $96.0 million in August, taking the state’s total gambling revenue for the month to $531.6 million.

Sports wagers were up by 33 per cent to $725.8 million, with online wagers of $697.1 million and $28.8 million from retail betting.

The online [...]

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DraftKings dominates Massachusetts online sports betting in August

Online sports wagers in Massachusetts climbed versus the previous month to $307.2 million in August, with DraftKings accounting for 53 per cent of the market.

DraftKings’s online wagers were $161.9 million and its 53 per cent share in August was the brand’s highest since launch in March.

FanDuel was the nearest rival [...]

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