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Webis Holdings sees first half revenue decline to $6.2m

London-listed Webis Holdings has posted a 9 per cent fall in revenue to $6.2m for the half-year period ended 30 November 2022, with results negatively impacted by exceptionally adverse weather conditions.

The bulk of the company’s H1 total was derived from Racetracks, although revenue declined by 7 per cent at $5.1m, [...]

1 min read

Interactive growth takes Bally’s full year revenue to $2.26bn

New York-listed Bally’s Corporation has reported a 71 per cent increase in full year revenue to $2.26bn in 2022, of which more than $1bn was derived from its Interactive businesses.

Revenue from the company’s core Casinos & Resorts segment grew by 19 per cent compared to the prior year to $1.23bn, [...]

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GambetDC takes over as clear market leader in Washington DC

Washington DC’s sports betting turnover grew by 8 per cent in January to $20.1m, as the DC Lottery’s GambetDC brand became the clear market leader.

GambetDC edged passed the long-time market leader American Wagering (Caesars) in December, but consolidated its position at the start of 2023 and took a 44 per [...]

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Wyoming State Flag

Wyoming sports wagers grow 3% in January

Sports betting wagers in Wyoming grew by 3 per cent in January to $14.3m, as total betting tax since launch surpassed $1m.

The month’s betting margin of 11.1 per cent was 3.2 percentage points higher than 2022 and helped gross win increased by 45 per cent to $1.6m.

Adjusted taxable revenue (AGR) [...]

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Arkansas sports betting handle reaches $33m in January

Sports betting handle in Arkansas reached a new monthly record of $33.0m in January, an increase of 276 per cent year-on-year.

Mobile sports betting, which only began in March 2022, was the cause of the increase and generated wagers of $26.1m in January, marking a six-month run of sequential growth.

Saracen Casino [...]

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Britain’s online gambling yield falls 2 per cent in final quarter of 2022

The latest gambling data from operators representing 80 per cent of the regulated market in Britain shows a 2 per cent fall in total online gross gambling yield to £1.2bn in the three months to the end of December 2022.

The year-on-year fall in gross gambling yield (GGY) came despite an [...]

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The Lottery Corporation sees first half revenue close in on AUD$2bn mark

Sydney-listed The Lottery Corporation has posted an 8 per cent increase in revenue to AUD$1.92bn for its financial half-year period ended 31 December 2022.

In its maiden financial results since its demerger from Tabcorp, TLC revealed that Lotteries revenue rose by 6.5 per cent year-on-year to $1.77bn. This was driven by [...]

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ATG revenue dips in 2022 despite online casino growth

Swedish betting and gaming operator AB Trav och Galopp (ATG) has reported a 1 per cent fall in full year net gaming revenue to SEK5.26bn in 2022, despite growth in sports betting and online casino.

Horse race betting continued to account for the bulk of ATG’s annual total, although net gaming [...]

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Churchill Downs

Churchill Downs Inc. posts record revenue and profit in 2022

Churchill Downs Incorporated (CDI) has reported a 13 per cent increase in net revenue to a record $1.81bn in 2022, buoyed by the first contributions from its acquisition of Peninsula Pacific Entertainment (P2E).

The record annual performance was driven by a strong finish to the year as Q4 net revenue climbed [...]

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Michigan operators enjoy record iGaming performance in January

Michigan’s commercial and tribal online sports betting and iGaming operators reported a 20 per cent increase in total gross receipts to $187.3m in January.

Gross receipts from iGaming increased by 27 per cent to a record $154.7m in January, offsetting a 3 per cent fall in online sports betting receipts to [...]

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Catena Media

Strong Q4 for Catena Media as North America drives growth

Stockholm-listed online gaming affiliate Catena Media has posted a 15 per cent increase in revenue from continuing operations to €27.4m for the final quarter of 2022, driven by strong growth in North America.

Led by the launch of online sports betting in Maryland, the North American region contributed 78 per cent [...]

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Louisiana

Louisiana begins 2023 with record sports betting handle

Sports betting handle in Louisiana reached an all-time high of $282.3m in January, a 214 per cent increase on the previous year.

Online sports betting in the state began in January 2022 with handle of $40.5m and, one year later, that figure had grown to $245.2m, a four-fold increase.

January’s net proceeds [...]

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