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Rank Group

Rank Group swings to loss in FY22/23

Rank Group has reported net gaming revenue of £681.9 million for the financial year ended 30 June 2023, an increase of 6 per cent year-on-year.

Rank’s Enracha venues segment in Spain recorded the strongest growth during the year as net gaming revenue (NGR) climbed by 21 per cent to £36.4 million, [...]

1 min read
Illinois

Illinois sports handle surpasses $5 billion in H1 2023

Sports handle in Illinois increased by 14 per cent to $5.4 billion in the first half of 2023, with June’s handle coming in at $665.8 million.

Wagering in Illinois increased by 6 per cent in June as online wagers grew by 7 per cent to $647.7 million, compensating for a [...]

1 min read

Kenya betting taxes hit KSH19 billion in FY 2023

The Kenya Revenue Authority (KRA) has reported KSh19.1 billion (€121.4 million) in total taxes from the country’s betting sector in the financial year to 30 June 2023.

Licensed sports betting operators in Kenya are liable for three separate taxes: excise duty on betting, a withholding tax on customers’ winnings, and a [...]

1 min read
Gaming Innovation Group

Gaming Innovation Group profits as Q2 revenue tops €31 million

Gaming Innovation Group (GiG) has widened its profit for the second quarter of 2023 as revenue increased by 40 per cent to €31.1 million.

Revenue from GiG Media rose 47 per cent to a new high of €21.7 million in Q2, driven by a 38 per cent improvement in first time [...]

1 min read
Singapore Marina Bay

Singapore gaming revenue grows 37% in Q2 2023

Land-based gaming revenue at Singapore’s two integrated casino resorts grew by 37 per cent to S$1.28 billion (€863.4 million) in Q2 2023.

Singapore’s second quarter gaming revenue was its best performance since the start of 2018, with the Marina Bay Sands (MBS) contributing 68 per cent of revenue and Genting’s Resorts [...]

1 min read
888 Holdings

888 Holdings sees proforma H1 revenue dip to £881.6 million

888 Holdings has reported a 165 per cent increase in revenue to £881.6 million for the first half of 2023, with growth driven by the acquisition of William Hill’s business outside the United States in July 2022.

On a proforma basis including the results of William Hill in the same period [...]

1 min read

New York posts $57 million in July commercial gaming revenue

Gaming revenue at New York’s four commercial land-based casinos was 9 per cent lower at $57.1 million in July.

July saw year-on-year revenue declines across all gambling sectors in the commercial casinos.

Slot machine revenue was down by 6 per cent to $42.2 million and table gaming revenue declined by 16 per [...]

1 min read

Record Q3 for Golden Matrix Group as revenue tops $11 million

Las Vegas-based Golden Matrix Group has posted record results for the fiscal third quarter ended 31 July, with revenue surpassing $11 million.

The strong performance was driven by RKings Tournament Competitions, the company’s B2C segment in the UK, which generated revenue of $5.8 million from tournament competitions.

A further $1.7 million was [...]

1 min read

Century Casinos hits record revenue high in second quarter

New York-listed casino operator Century Casinos has reported a 23 per cent increase in revenue to a record $136.8 million for the second quarter of 2023, driven by its acquisition of Nugget Casino Resort in Nevada.

Revenue from Century’s six casinos across the United States grew by 34 per cent year-on-year [...]

1 min read

Taiwan Welfare Lottery sales grow 10% in H1 2023

Sales of Taiwan’s Welfare Lottery grew by 10 per cent to NT$58.6 billion (€1.7 billion) in the first half of 2023.

June’s sales were the highest of the year so far at NT$11.8 billion, which was 31 per cent higher year-on-year. The Welfare Lottery’s gross win increased by 29 per cent [...]

1 min read
Indiana Capitol

Indiana sports handle falls to $204 million in July

Indiana’s sports handle fell by 1 per cent to $203.8 million in July, with retail betting accounting for the monthly decline.

Mobile betting in Indiana was unchanged at $193.1 million, whilst retail betting fell by 19 per cent to $10.7 million.

Baseball had wagers of $69.4 million (34 per cent) in July, [...]

1 min read

Digital growth fails to overcome lower gaming volumes for Mohegan

The Mohegan Tribal Gaming Authority said it will focus on growing its Digital business as the North American casino operator posted a marginal decline in revenue to $415.4 million in its fiscal third quarter ended 30 June.

Revenue from the company’s flagship casino in Connecticut, Mohegan Sun, fell by 2.5 per [...]

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