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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 [...]

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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 [...]

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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 [...]

1 min read

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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Maryland

Maryland reports $328 million in April sports handle

Maryland reported $328.5 million in sports handle in April, with mobile betting accounting for 95 per cent of the monthly total.

SuperBook launched online in Maryland on 13 April, meaning that there were nine mobile operators and 10 retail licensees active during the month. SuperBook earned handle of $530,379 in its [...]

1 min read

Codere Online shares soar as Q1 revenue tops €39.5 million

New York-listed Codere Online has enjoyed a strong start to the year as net gaming revenue increased by 55 per cent to €39.5 million in the first quarter of 2023.

The year-on-year growth was driven by strong performances in Mexico and Spain, with revenue up 75 per cent and 40 per [...]

1 min read

Everi posts 14% growth in first quarter as iGaming contribution grows

Gaming and financial services provider Everi Holdings has reported a 14 per cent increase in first quarter revenue to $200.5 million, with growth across both its Games and FinTech segments.

Games revenue rose by 9 per cent to $107.4 million, reflecting a 15 per cent increase in equipment sales revenue and [...]

1 min read
Golden Entertainment

Nevada casinos drive Golden Entertainment growth in Q1

New York-listed casino operator Golden Entertainment has posted a 2 per cent increase in revenue to $278.1 million for the first quarter of 2023.

Revenue from the company’s Nevada Casinos Resorts division rose 4 per cent year-on-year to $100.2 million, while Nevada Locals Casino contributed $41.2 million, up 3 per cent [...]

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ZEAL eyes online casino expansion as Q1 revenue climbs 6%

Frankfurt-listed online lottery broker ZEAL Network has reported a 6 per cent increase in revenue to €26.7 million for the first quarter of 2023.

Despite a slightly weaker jackpot environment than the previous year, the company’s total billings increased by 11 per cent during Q1 to €201.2 million, as the large [...]

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