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Tennessee sports wagers grow 4% in February

Sports wagers in Tennessee grew by 4 per cent to $327.3m in February, although this was the lowest monthly total since September.

February’s margin, however, was higher than last year at 10.4 per cent (February 2022: 6.7 per cent) and meant that gross win increased by 62 per cent to $33.9m. [...]

1 min read
OPAP

OPAP eyes iLottery expansion as 2022 revenue nears €2bn mark

Greek gaming operator OPAP has reported a 26 per cent increase in gross gaming revenue to €1.94bn in 2022, buoyed by a record performance in the final quarter of the year.

Revenue in the fourth quarter climbed 8.5 per cent year-on-year to a new quarterly high of €540.9m, with Lottery revenue [...]

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Montana sports handle rises 20% in February

The Montana Lottery has reported sports handle of $4.4m in February, a 20 per cent increase on the same month last year.

Basketball contributed 63 per cent of monthly handle, followed by American football at 15 per cent and ice hockey at 9 per cent.

February’s betting margin was 6.6 percentage points [...]

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Sportradar

Sportradar full year revenue tops €730m as US drives growth

New York-listed sports data technology provider Sportradar Group has reported a 30 per cent increase in revenue to €730.2m for 2022, buoyed by strong growth in the United States.

The company enjoyed a strong finish to the year as Q4 revenue grew by 35 per cent to €206.3m, driven by a [...]

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Detroit, Michigan

Michigan commercial casino revenue grows 11% in February

The three commercial casinos in Michigan grew revenue from land-based gaming and retail sports betting by 11 per cent in February to $105.5m.

All three casinos saw year-on-year growth in their slots and table games revenue, with MGM Grand Detroit remaining market leader with gaming revenue of $50.1m, which was 8 [...]

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New York mobile sports wagering falls 4% in February

Mobile sports wagers in New York fell by 4 per cent in February to $1.47bn, dropping below the $1.5bn mark for the first time since September.

The two markets leaders, FanDuel ($591.1m) and DraftKings ($491.3m), both increased their handle versus a year ago, by 4 per cent and 27 per cent [...]

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Super Group revenue slips to €1.29bn in 2022

New York-listed betting and gaming operator Super Group has reported a 2 per cent drop in revenue to €1.29bn in its preliminary consolidated financial results for 2022.

Revenue exceeded the company’s high end of its guidance range, but fell by 3 per cent to €329.1m during the final quarter of the [...]

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Arizona

Arizona sports wagers hit $6bn in 2022

Arizona recorded sports wagers of $6.0bn in its first full calendar year, after December’s handle came in at $572.5m.

December’s handle was up by 15 per cent, although the total dipped below $600m, a level which had been reached in October and November.

“December of 2022 was another strong month for Arizona [...]

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Cyprus sports betting turnover nears €1bn in 2022

Sports betting turnover in Cyprus grew by 22 per cent in 2022 to €959.6m, driven by the FIFA World Cup in a strong final quarter of the year.

Turnover for Q4 hit a record €296.6m, with the online betting sector having quarterly wagers above €200m for the first time at €212.5m, [...]

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Maryland

Mobile continues to dominate as Maryland sports wagers top $339m in February

Maryland’s eight online sportsbooks and 10 retail operators collected sports handle of $339.4m in February, the fourth month of online sports betting in the state.

Online sports contributed handle of $325.1m, 96 per cent of the market, but it was 23 per cent lower than January’s figure.

FanDuel accounted for nearly half [...]

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Inspired returns to profit in 2022 as revenue hits record $285.4m

New York-listed gaming supplier Inspired Entertainment has reported a 37 per cent increase in revenue to a record $285.4m for 2022, with growth across all business segments.

Revenue in the final quarter of the year rose 17 per cent year-on-year to $78.6m, reflecting growth in its digital business, which includes the [...]

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Des Moines Iowa

Iowa sports wagers drop 10% in February

Sports wagers in Iowa fell by 10 per cent in February to $193.9m, and was below $200m for the first time since last August.

Wagers in both the online and retail sectors declined in February, with online betting down by 10 per cent at $176.2m, whilst retail betting was 15 per [...]

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