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Betsson

Betsson delivers fifth quarter of sequential revenue growth

Betsson has continued its run of record quarterly revenue into the first quarter of 2023.

The Stockholm-listed online betting and gaming operator grew revenue by 30 per cent to €221.9 million in the first quarter, with casino revenue up 36.9 per cent to €152 million and sportsbook revenue up 19.1 per [...]

1 min read
Kambi

Kambi shares dip as Q1 profit slides 40%

Stockholm-listed sports betting technology provider Kambi Group has reported a 19 per cent increase in revenue to €44.0 million for the first quarter of 2023, although higher expenses pushed net profit down by 40 per cent.

The supplier benefited from 20 partner launches during the first quarter of this year, all [...]

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Nevada gambling revenue falls to $1.31bn in March

Revenue from Nevada’s gambling sector fell by 3 per cent to $1.31 billion in March, although it was up against a 20-month high in its previous year comparison.

Nevada’s slot machine revenue was at its highest level in the last five years at $906.5 million, despite being less than 1 per [...]

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Svenska Spel

Svenska Spel’s first quarter revenue climbs 2%

Swedish gaming and lottery operator Svenska Spel has reported a solid start to the year as net gaming revenue (NGR) rose by 2 per cent to SEK1.98 billion during the first quarter of 2023.

The year-on-year growth was driven by an 8 per cent improvement in NGR from the company’s online [...]

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Boyd Gaming

Boyd Gaming see Q1 revenue grow to $964m as Online soars

New York-listed casino operator Boyd Gaming has posted a 12 per cent increase in revenue to $964.0 million for the first quarter of 2023, with revenue from Online operations more than doubling during the period.

Boyd provided a breakdown of its online activities for the first time in the first quarter [...]

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Deadwood, South Dakota

South Dakota gambling turnover rises 3% in March

South Dakota gambling turnover rose by 3 per cent to $134.2 million in March, reaching the highest monthly total since September 2022.

Slot machine wagers increased by 3 per cent to $125.4 million, with the state's 2,075 1-cent machines contributing 79 per cent of the total at $99.1 million. The 217 [...]

1 min read
Kindred

Kindred Group launches strategic review following Q1 revenue growth

Stockholm-listed betting and gaming operator Kindred Group has launched a strategic review to consider a potential merger or sale of the company.

Kindred’s board of directors will consider all potential alternatives that can deliver value for the company’s shareholders, including a merger, sale or other possible strategic transactions.

The company has retained [...]

1 min read

Chile’s casino visitor numbers top 700,000 in February

Chile’s casinos welcomed 709,405 visitors in February, which was a 42 per cent rise year-on-year, and the first time in three years that the 700,000 level was reached.

The rise in visitor numbers helped Chile’s monthly casino revenue grow by 10 per cent to CLP46.7 billion ($58.5 million).

Dreams’ Monticello casino was [...]

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Oregon

Oregon records March sports wagers of $50 million

Sports wagers in Oregon increased by 39 per cent to $50.5 million in March and took first quarter handle to $161.2 million.

Basketball accounted for 53 per cent of wagers in March with $26.5 million, whilst soccer contributed $4.4 million (9 per cent) and tennis $4.2 million (8 per cent).

Single bets [...]

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West Virginia iGaming and betting handle nears $500 million

West Virginia’s iGaming and betting handle rose by 43 per cent to $497.3 million in March, and earned total revenue of $21.2 million.

iGaming turnover was up by 56 per cent to $446.0 million in the five weeks ended 1 April and compensated for a 17 per cent drop in sports [...]

1 min read

Mississippi sports handle drops 3% in March

Mississippi’s sports handle dropped by 3 per cent to $46.7 million in March, with basketball wagering growth helping to offset falls in other sports.

Basketball betting grew by 3 per cent to $33.1 million, which accounted for 71 per cent of all Mississippi sports wagers in March.

Parlay bets had handle of [...]

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Caesars regains market lead in Washington DC

Washington DC’s sports wagers fell by 11 per cent to $18.1 million in March, as Caesars regained the market lead from GambetDC.

American Wagering, trading as Caesars/William Hill, reported handle of $8.1 million, which was a 45 per cent share of March’s total.

GambetDC saw its wagers rise by 5 per [...]

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