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Solid quarter for Lottomatica as Online drives growth

Leading Italian betting and gaming operator Lottomatica has reported a 20 per cent increase in first quarter revenue to €422 million in its maiden results as a publicly-listed company.

Total amounts bet rose by 33 per cent compared to last year to €7.3 billion, of which more than half was derived [...]

1 min read
FansUnite Entertainment

FansUnite narrows net loss in first quarter

FansUnite Entertainment has reported an 11 per cent fall in revenue to CAD$8.73 million in the first quarter of 2023.

The company’s American Affiliate subsidiary accounted for 83 per cent of revenue in the first quarter at $7.29 million, down from $8.46 million a year ago.

Within iGaming, B2C revenue fell by [...]

1 min read
Singapore Marina Bay

Singapore casino revenue surges 89 per cent in Q1

Singapore’s two integrated casino resorts generated gaming revenue of S$1.13 billion (€777.4 million) in the first quarter of 2023, an increase of 89 per cent year-on-year.

Marina Bay Sands (MBS) saw its gaming revenue more than double to S$788.7 million, marking the casino’s best quarter since the final three months of [...]

1 min read

Illinois sports handle sets new high in March

Illinois’s sports handle rose by 10 per cent to $1.07 billion in March and set a new monthly wagering high.

Online wagering grew by 12 per cent to $1.04 billion, whilst retail betting fell by 20 per cent in March to $35.0 million.

Betting on professional sports amounted to $735.6 million, versus [...]

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Arizona

Arizona posts $609 million in February sports wagers

Sports wagers in Arizona grew by 24 per cent to $609.3 million in February, as the state played host to Super Bowl LVII during the month.

Mobile betting accounted for nearly all of Arizona’s monthly wagers at $604.9 million (99 per cent) and was above the $600 million level for the [...]

1 min read
Indiana Capitol

Indiana sports handle drops 11% in April

Indiana’s sports wagers dropped by 11 per cent in April to $321.4 million, with declines in both mobile and retail channels.

Mobile betting in Indiana was down by 9 per cent to $303.5 million, whilst retail betting dropped by 31 per cent year-on-year to $17.9 million.

Parlay bets contributed $91.6 million of [...]

1 min read

iGaming contribution grows for Mohegan as Q2 revenue hits $405.8 million

North American casino operator Mohegan Tribal Gaming Authority has reported a 13 per cent increase in revenue to $405.8 million in its fiscal second quarter ended 31 March.

As with its first quarter, the company attributed the year-on-year growth to a full period of operations and a return to relatively normal [...]

1 min read

Philippines gaming revenue hits new record in Q1

Gaming revenue in the Philippines surged by 76 per cent to PHP68.9 billion (€1.13 billion) in the first three months of 2023 to set a new quarterly record.

Casino gaming revenue was 81 per cent higher at PHP59.3 billion, and represented 86 per cent of quarterly revenue.

Bingo revenue was PHP6.2 billion, [...]

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Pollard Banknote eyes Europe as iLottery drives Q1 growth

Toronto-listed lottery supplier Pollard Banknote has reported a 9 per cent increase in revenue to CAD$124.6 million in the first quarter of 2023, buoyed by record results from its North American-facing iLottery operations.

The year-on-year growth was attributed to higher sales of ancillary lottery products and services, while eGaming systems revenue [...]

1 min read

Kansas sports wagers lowest since launch in April

Kansas’ sports wagers amounted to $133.0 million in April, marking the state’s lowest total since launch in September 2022.

Online betting amounted to $126.3 million, led by DraftKings with $53.0 million and FanDuel with $39.7 million.

Retail wagers were $6.7 million and the market leader was Barstool Sportsbook with handle of $4.3 [...]

1 min read
Oregon

Oregon sports handle hits $55 million in April

The Oregon Lottery has reported sports handle of $55.2 million in April, an increase of 28 per cent year-on-year.

Basketball bets accounted for 39 per cent of monthly wagers at $21.3 million, but this was a 3 per cent fall on the previous year. Baseball had a 21 per cent share [...]

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Affiliation marketing drives Raketech’s Q1 growth

Stockholm-listed gaming affiliate Raketech has reported a 24 per cent increase in revenue to €15.8 million for the first quarter of 2023, with growth driven by strong performances within affiliation and sub-affiliation marketing.

The company said that its core portfolio of affiliation marketing assets delivered exceptional results from the Rest of [...]

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