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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 [...]

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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 [...]

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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 [...]

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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 [...]

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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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DraftKings claims New York’s top spot in June

New York’s mobile sports wagers increased by 11 per cent to $1.17 billion in June, as DraftKings outperformed FanDuel by handle for the first time.

DraftKings’s handle in June was up by an impressive 81 per cent to $488.5 million, giving it a 42 per cent share of the market.

FanDuel, by [...]

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US racing wagers drop to $935 million in June

Total wagers on US racing decreased by 4 per cent to $934.9 million in June, with the number of races run in the month down by 9 per cent.

The main reason for the monthly decline was the poor air quality caused by the Canadian wildfires, which resulted in a number [...]

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New York Lottery reports sales of $617 million in June

Sales of the New York Lottery were $616.8 million in the four-week period to 1 July, down by less than 1 per cent on the previous year.

Powerball was the best performing game in the period, with sales up by 13 per cent to $31.3 million.

Instant win games were the largest [...]

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Virginia reports $404 million in May sports handle

Sports handle in Virginia increased by 15 per cent to $403.7 million in May, but it was the state’s lowest monthly total of 2023 so far.

Online sports betting grew by 14 per cent to $400.0 million, with $3.7 million from retail betting at Virginia’s casinos.

Virginia sports betting comparison: May 2023 [...]

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