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IGT

IGT revenue climbs to $1.06 billion despite continued lottery decline in Q2

International Game Technology (IGT) has raised its full year revenue and profit guidance after seeing revenue for the second quarter climb 3 per cent to $1.06 billion.

The year-on-year growth was driven by a 38 per cent increase in PlayDigital revenue to $59 million, primarily driven by strong player demand trends [...]

1 min read
Golden Entertainment

Golden Entertainment sees Q2 revenue drop 1% to $286.7 million

US casino operator Golden Entertainment has posted a 1 per cent drop in revenue to $286.7 million for the second quarter of 2023, following weaker results from its casino resorts segment.

Revenue from Nevada Casino Resorts declined by 5 per cent year-on-year to $102.6 million, while Maryland Casino Resort revenue fell [...]

1 min read

bet-at-home.com posts 9% drop in first half revenue

Frankfurt-listed bet-at-home.com has reported a 9 per cent fall in gross betting and gaming revenue to €24.2 million for the first six months of 2023.

The year-on-year decline was primarily attributed to the company’s core German market, as well as a weaker than expected performance from its online gaming offering.

bet-at-home reduced [...]

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China lottery sales grow by 52% in June

Sales of China’s state lotteries grew by 52 per cent to RMB48.7 billion (€6.2 billion) in June, boosted by a strong performance from instant win games.

Sales of the lotteries’ instant win games doubled to RMB10.8 billion, with the Welfare Lottery contributing RMB5.6 billion and the Sports Lottery RMB5.3 billion.

Total sales [...]

1 min read

Nevada first half gambling revenue surpasses $7.5 billion

Gambling revenue in Nevada increased by 4 per cent to $7.52 billion during the first half of 2023, despite revenue in June coming in 2 per cent lower at $1.25 billion.

Nevada’s sportsbooks had a difficult month in June, with total sports betting revenue down by 60 per cent year-on-year at [...]

1 min read

Online takes Lottomatica revenue past €820 million in H1 2023

Italian betting and gaming operator Lottomatica has reported a 20 per cent increase in revenue to €820.1 million for the first half of 2023, driven by strong growth from its Online business.

Total amounts staked climbed 34 per cent year-on-year to €14.57 billion during the half year period, with the acquisition [...]

1 min read
Boyd Gaming

Online drives Boyd Gaming second quarter revenue growth

US casino operator Boyd Gaming has reported a 2.5 per cent increase in revenue to $917.0 million for the second quarter of 2023, with growth from its Online business offsetting a decline from its Las Vegas operations.

The company attributed the Las Vegas decline to high comparables in the prior year [...]

1 min read
La Française des Jeux (FDJ)

Sports betting and online gaming drive FDJ’s first half growth

French lottery, betting and gaming operator La Française des Jeux (FDJ) has posted solid results for the first half of 2023, with revenue up 6 per cent at €1.29 billion.

Stakes from retail points of sales increased by 3 per cent to €9.16 billion during the half-year period, driven by growth [...]

1 min read
PointsBet

PointsBet full year net win grows 26% to $391.1 million

Sydney-listed sports betting operator PointsBet has reported a 26 per cent increase in net win to AUD$391.1 million for the financial year ended 30 June, benefiting from a strong performance in the final quarter.

Fourth quarter net win rose 19 per cent year-year to $102.3 million, including a 35 per cent [...]

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Delta Corp reports record casino revenue

Delta Corp, the Indian gaming and hospitality company, has reported an 11 per cent increase in casino revenue to INR2.78 billion (€30.7 million) for the first quarter of its financial year to 30 June.

The quarterly revenue performance was a record high for the company’s land-based and floating casinos in India [...]

1 min read

Kansas sports handle falls below $100 million in June

Sports wagers in Kansas fell to $98.1 million in June, which was the state’s lowest monthly total since the opening of the market in September 2022.

Online sports wagers amounted to $94.9 million in the month, whilst retail wagers were $3.2 million. Both sectors recorded their lowest monthly performances in June.

Total [...]

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XLMedia

XLMedia’s first half revenue falls 34% to $29.4 million

London-listed iGaming affiliate XLMedia has reported a 34 per cent drop in revenue to US$29.4 million for the first half of 2023.

The company said that the H1 performance reflected the “timing, number and scale of new state launches in the United States”, with operator marketing activity around the launch of [...]

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