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BetMakers reduces loss as revenue climbs to AUD$46.7m

Sydney-listed betting technology provider BetMakers has reported a 7.5 per cent increase in revenue to AUD$46.7m for the financial half-year period ended 31 December 2022.

The year-on-year growth was driven by a 21 per cent increase in revenue from the company’s Global Betting Services division to $21.7m, benefiting from the launch [...]

1 min read

Jumbo Interactive grows profit as new acquisitions boost H1 results

Sydney-listed online lottery provider Jumbo Interactive has posted an 18 per cent increase in revenue to AUD$62.4m for the six-month period ended 31 December 2022.

Total transaction value (TTV) grew by 27 per cent year-on-year to $417.0m following the recent acquisition of Stride Management Corp in Canada and StarVale Group in [...]

1 min read

Genting revenue tops €4.74bn as land-based gaming sector recovers

Kuala Lumpur-listed Genting Berhad has reported a 65 per cent increase in group revenue to RM22.38bn (€4.74bn) for 2022, following improved results from its Leisure & Hospitality division.

Leisure & Hospitality represented more than 77 per cent of Genting’s total revenue at RM17.37bn. This was more than double the previous year, [...]

1 min read

New Hampshire sports betting handle falls 2% in January

The New Hampshire Lottery reported a 2 per cent decline in January sports betting handle to $97.2m, compared to last year's all-time high.

Online wagers fell by 8 per cent year-on-year to $75.3m, although some of that decline was compensated for by a 22 per cent increase in retail wagers to [...]

1 min read
Nashville, Tennessee

Tennessee sportsbook handle grows 6% in January

Sports betting handle in Tennessee was $410.8m in January, which represented a 6 per cent year-on-year increase.

January’s margin was 10.1 per cent, 0.7 percentage points higher than the previous year, and gave a 14 per cent rise in gross win to $41.4m.

After permitted deductions, the adjusted gross win for the [...]

1 min read

Virginia land-based casino revenue grows to $22.5m in January

Land-based casino revenue in Virginia reached its highest monthly total since launch at $22.5m, as the new Rivers Casino Portsmouth had a good first week of operations.

Rush Street's Rivers Casino only opened for business on 23 January but still reported revenue of $9.0m, which was 40 per cent of Virginia’s [...]

1 min read

VICI Properties enjoys record year as revenue grows to $2.6bn

New York-listed real estate investment trust VICI Properties has reported a 72 per cent increase in revenue to a record $2.6bn in 2022, after closing on $22.8bn of transactions during the year.

The year-on-year increase in revenue was primarily related to incremental revenue from the MGM Growth Properties transactions, which closed [...]

1 min read

Galaxy Entertainment revenue drops 42% as Macau struggles continue

Hong Kong-listed casino operator Galaxy Entertainment Group has reported a 42 per cent fall in net revenue to HK$11.5bn (approx. €1.39bn) for 2022, as results continued to be negatively impacted by Covid and the associated travel restrictions.

Net gaming revenue declined by 53 per cent compared to the previous year to [...]

1 min read

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, [...]

1 min read

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 [...]

1 min read
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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