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Washington DC

Washington DC sports wagering falls 3% in December

Sports wagering in Washington DC fell by 3 per cent in December to $18.7m, but was enough to take total handle for the year over $200m.

American Wagering, which trades as Caesars/William Hill, saw its handle drop by 45 per cent in the month to $6.3m, and it lost its position [...]

1 min read

Mohegan sees first quarter revenue climb to $406.6m

Connecticut's Mohegan Tribal Gaming Authority has reported a 1 per cent increase in net revenue to $406.6m for its fiscal first quarter ended 31 December, with growth boosted by increasing contributions from its online casino and sports betting operations.

The year-on-year growth was primarily driven by a full period of operations [...]

1 min read
MGM Resorts

Las Vegas growth takes MGM Resorts’ revenue past $13bn mark

New York-listed casino and sportsbook operator MGM Resorts has reported a 36 per cent increase in full year consolidated net revenue to $13.1bn in 2022, driven by strong growth at Las Vegas casino properties.

The year-on-year growth was driven by the inclusion of results from The Cosmopolitan since May, a full [...]

1 min read
Svenska Spel

Svenska Spel full year revenue tops SEK8bn but declines 1%

Swedish gaming and lottery operator Svenska Spel has reported a 1 per cent drop in net gaming revenue (NGR) to SEK8.04bn in 2022, with nearly half of the total generated online.

The full year decline followed a 2 per cent drop in NGR to SEK2.18bn during the final quarter of the [...]

1 min read

Wynn Resorts posts flat revenue of $3.76bn in 2022

Wynn Resorts has reported a marginal drop in full year revenue to $3.76bn after fourth quarter revenue fell by a 5 per cent.

Revenue in in the fourth quarter of 2022 fell to $1.0bn as casino revenue declined by 18 per cent year-on-year to $423.2m, partially offset by a 14 per [...]

1 min read
Kindred Group

Strong Q4 growth for Kindred Group but full year revenue drops to £1.07bn

Stockholm-listed betting and gaming operator Kindred Group has reported a 15 per cent fall in total revenue to £1.07bn for 2022, despite posting a 25 per cent increase in revenue during the final quarter of the year.

Revenue in Q4 grew to £305.5m, with gross winnings revenue from B2C operations climbing [...]

1 min read

Ohio gaming revenue tops $1bn in 2022

Land-based gaming revenue in Ohio’s four full-service casinos increased by 2 per cent to $1.01bn in 2022, after December contributed revenue of $83.8m.

Revenue in the final month of the year was down by 1 per cent, with slight year-on-year revenue declines for both table gaming ($24.9m) and slots ($58.9m).

For the [...]

1 min read
Arizona

Arizona sports betting handle rises 32% in November

Arizona reported sports wagering of $616.9m in November from its licensed operators, a year-on-year rise of 32 per cent.

November's performance was the second consecutive month with wagering above $600m in the state.

Arizona Department of Gaming director Ted Vogt commented: “It is exciting to see a second consecutive month of over [...]

1 min read

TAB NZ betting turnover grows by 6% in December

New Zealand’s TAB reported betting turnover of NZ$255.9m (€151.6m) in December, which was 6 per cent up on the previous year.

December’s turnover was $15.0m above budget but the monthly margin of 14.9 per cent was lower than anticipated, meaning that gross revenue came in $0.9m below budget at $38.1m and [...]

1 min read
Las Vegas Sands

Macau gaming revenue rises 83% in January

Macau’s gaming sector started 2023 strongly as revenue rose by 83 per cent in January to MOP11.6bn (€1.3bn).

January’s gaming revenue was Macau’s best monthly performance since January 2020 and was only the second time since then that revenue has been above MOP10bn.

The Chinese New Year holiday fell in January and [...]

1 min read

French World Cup online sports wagers near €600m mark

The regulated online sports betting sector in France took €597m in wagers on the FIFA World Cup in Qatar, according to data published by gambling regulator ANJ.

The 2022 tournament saw online turnover increase by 56 per cent compared with 2018 (€382m) and ANJ believes that total World Cup betting turnover [...]

1 min read
Rhode Island

Rhode Island sports betting handle rises 8% in December

Sports betting handle in Rhode Island increased by 8 per cent in December to $59.2m, taking total handle for the 2022 year to $532.6m.

Online sports betting was the source of the monthly growth, with handle up by 19 per cent to $36.7m and giving it a 62 per cent share [...]

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