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Hong Kong racing season sees turnover reach HK$141.1 billion

The Hong Kong horse racing season generated turnover of HK141.1 billion (£13.8 billion) during 2022/23, with the final meeting of the season setting a new turnover record on Sunday.

The 88th and final meeting of the season at Sha Tin Racecourse set a new turnover record of $2.07 billion, an increase [...]

1 min read
Illinois

Online drives Illinois sports wagering growth in May

Illinois’ licensed sports betting operators recorded a 7 per cent increase in total wagers to $821.7m in May, driven by growth online.

Online sports wagers rose 9 per cent year-on-year to $797.6 million in May, while retail sports wagers fell by 21 per cent to $24.1 million.

Of the monthly total, $819.1 [...]

1 min read
Colorado Flag

Colorado sports wagers climb to $385.2 million in May

Colorado’s sports betting market continued to grow into May as total wagers increased by 7 per cent to $385.2 million.

May’s online sports wagers were 7 per cent higher at $382.1 million, offsetting a 9 per cent drop in retail wagers to $3.2 million.

Basketball was the most popular sport bet in [...]

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New Jersey gaming revenue tops $2.73 billion in first half of 2023

New Jersey’s casinos, racetracks and their partners have reported a 12 per cent increase in total gaming revenue to $2.73 billion for the first half of 2023, buoyed by a strong performance in June.

June’s total gaming revenue rose 14 per cent year-on-year to $457.2 million, with land-based casino win climbing [...]

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Indiana sports betting decline continues into June

Indiana’s sports betting market continued to decline into June as total wagers fell by 13 per cent to $224.1 million.

Online sports wagers declined by 11 per cent compared to a year ago to $212.8 million, while retail sports wagers fell by 36 per cent to $11.3 million.

Baseball generated $65.0 million [...]

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West Virginia sports and iGaming annual wagers top $4.55 billion

West Virginia’s sports betting and iGaming market generated total wagers of $4.55 billion for the fiscal year ended 30 June, with iGaming wagers surpassing $4.0 billion.

Licensed operators in the Mountain State enjoyed a strong finish to the fiscal year as wagers were up 32 per cent year-on-year at $301.6 million [...]

1 min read
Oregon

Oregon sports wagers climb 29% in June

Sports betting in Oregon climbed by 29 per cent to $43.9 million in June, and took total wagers for the first half of 2023 to $312.4 million.

In June, baseball was the largest sport by wagers at $18.1 million, 41 per cent of the total. Other sports accounted for 29 per [...]

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STS posts strong revenue growth ahead of acquisition by Entain

Poland’s STS has reported a 26 per cent increase in net gaming revenue from continuing operations in the second quarter of 2023, as the company prepares to begin a new era under the ownership of Entain.

The Polish bookmaker saw turnover in Q2 climb 3 per cent year-on-year to PLN 1.103 [...]

1 min read
Maryland

Maryland sports wagers surpass $2bn in first half of 2023

Maryland's licensed operators reported sports wagers of $2.07 billion in the first half of 2023, after June’s handle reached $254.5 million.

Mobile betting in Maryland in June was $243.8 million and retail betting was $10.7 million.

FanDuel and DraftKings dominated Maryland’s mobile betting sector, with 45 per cent and 37 per cent [...]

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Des Moines Iowa

Iowa sports handle drops 6% in June

Iowa’s sports handle dropped by 6 per cent to $115.6 million in June, and was the state’s lowest monthly total since last July.

Internet betting in Iowa was $105.7 million in June, down by 6 per cent, whilst retail betting was also 6 per cent lower at $9.9 million.

It was the [...]

1 min read
Betsson

Betsson set for record second quarter revenue and operating profit

Stockholm-listed betting and gaming operator Betsson expects to post record results for the second quarter of 2023, with revenue forecast to be between €235.5 million and €237.5 million.

At the lower end of the forecast, Q2 revenue would be up 26 per cent compared to the same period last year, achieving [...]

1 min read

Danish gambling revenue rises to DKK590m in May

Gambling revenue in Denmark rose by 3 per cent to DKK590.4 million (€79.2 million) in May, with sports betting showing the best monthly performance.

Denmark’s sports betting revenue grew by 13 per cent to DKK209.5 million. Mobile betting was the largest channel with revenue of DKK122.2 million, followed by retail betting [...]

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