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PointsBet

North America drives record Q3 for PointsBet

PointsBet has reported a 39 per cent increase in net win to a record AUD$106.6 million for the financial third quarter ended 31 March, with net win from North America more than doubling during the period.

Sports betting handle grew by 4 per cent year-on-year to $1.45 billion, with US handle [...]

1 min read
BlueBet

BlueBet posts Q3 revenue decline; goes live in second US state

Australian and US sports betting operator BlueBet Holdings has posted a 9 per cent fall in net win to AUD$12.0 million for its third quarter ended 31 March.

Turnover was down marginally by 0.4 per cent compared to the same period last year at $120.2 million, with active customers climbing 27 [...]

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Rivalry to raise $10m in new financing round as Q1 revenue soars

Toronto-listed esports and online betting operator Rivalry Corp is looking to raise up to CAD$10.0 million through a non-brokered private placement led by bookmaker Pinnacle.

Rivalry will issue up to 6,666,666 subordinate voting shares in the capital of the company at a price of $1.50 per subordinate share to raise up [...]

1 min read
Evolution

Strong start to the year for Evolution as Q1 revenue tops €429.6m

Stockholm-listed casino games provider Evolution has reported a strong start to the year as first quarter revenue increased by 31.5 per cent to €429.6 million, driven by growth in Asia and the Americas.

Revenue from the supplier’s core live casino offering rose by 36 per cent year-on-year to €360.1 million, while [...]

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ATG reports drop in Q1 revenue despite iGaming growth

Swedish betting and gaming operator AB Trav och Galopp (ATG) struggled in the first quarter of 2023 as net gaming revenue (NGR) fell by 6 per cent to SEK1.19 billion.

The year-on-year decline was mostly due to a 12 per cent fall in NGR from its core horse race betting segment [...]

1 min read

Churchill Downs Inc. profits as Q1 revenue hits record $559.5m

New York-listed casino and racing operator Churchill Downs Incorporated (CDI) has reported record results for the first quarter of 2023 as revenue rose by 54 per cent to $559.5 million.

The growth compared to a year ago was driven by a strong performance from the company’s Live and Historical Racing segment, [...]

1 min read
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 [...]

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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 [...]

1 min read
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 [...]

1 min read
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 [...]

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