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Illinois

Illinois betting handle tops $1bn in November

Illinois' sports betting handle grew by 32 per cent year-on-year to $1.03bn in November, marking the second consecutive billion-dollar month.

Online sports betting was responsible for 96 per cent of Illinois’ monthly handle and grew by 33 per cent versus a year ago to $989.5m. Retail sports betting was also up [...]

1 min read

Maine State Lottery player celebrates $1.35bn Mega Millions jackpot win

A single ticket-holder in Maine is celebrating a monumental win after matching all six numbers to win the $1.35bn Mega Millions jackpot, the second largest jackpot in the history of the game.

The winning ticket was sold at Hometown Gas & Grill in Lebanon, Maine, and was the only ticket to [...]

2 mins read
Nashville, Tennessee

Tennessee betting handle totals $3.9bn in 2022

Tennessee posted its highest monthly sports betting handle of the year in December with $440.5m, taking total handle for 2022 to $3.85bn.

December’s wagering performance was 29 per cent higher than in the previous year and a margin of 11.2 per cent (December 2021: 7.2 per cent) meant that gross win [...]

1 min read

Indiana sportsbook wagers decline 7% in December

Sportsbook wagers in Indiana fell by 7 per cent in December to $431.4m, taking licensed operators' total handle for the year to $4.5bn.

The bulk (92 per cent) of December’s wagers were placed via digital channels, amounting to $396.7m, a fall of 6 per cent year-on-year. Retail sports wagers were also [...]

1 min read
Kindred Group

Weaker than expected Q4 performance impacts Kindred Group profit

Shares in Kindred Group slumped by more than 16 per cent in Stockholm Friday after the operator posted lower revenue than expected for the final quarter of 2022, with a historically low gross profit margin and considerable marketing investments having a negative impact on its profitability.

Kindred’s revenue increased by 24 [...]

1 min read
Maryland

Maryland mobile sports betting reaches $478m in December

The first full month of mobile sports betting in Maryland generated handle of $478.3m in December, with seven brands live in the state.

As has been the case in other states, FanDuel and DraftKings have taken market leading positions in the early stages of Maryland’s regulated mobile betting market. FanDuel reported [...]

1 min read
888 Holdings

Online decline pushes 888 revenue down 3% in 2022

London-listed betting and gaming operator 888 Holdings has reported a 3 per cent fall in total revenue to £1.85bn in 2022, with strong growth in retail offset by a 15 per cent decline in online revenue.

In a post-close trading update released Friday (Jan. 13), 888 said that the pro forma [...]

1 min read
Arizona

Arizona sports betting handle climbs above $600m in October

Sports betting handle in Arizona rose by 27 per cent in October to $618.6m, just the second month since launch that monthly wagers surpassed $600m.

Mobile betting accounted for 99 per cent ($611.3m) of all Arizona wagering during the month, which was dominated by DraftKings and FanDuel. These two brands had [...]

1 min read
Oregon

Oregon sports betting handle nears $500m in 2022

Sports betting handle for the Oregon Lottery rose by 59 per cent in December to $53.8m and took total handle for the calendar year to $498m.

Wagering on soccer had another good month due to the FIFA World Cup in Qatar, with turnover up by 135 per cent to $5.9m in [...]

1 min read

Kansas sports betting handle dips in December

Kansas’ sports betting market declined sequentially in December as wagers fell by 2 per cent to $182.0m, although the performance of individual operators was more mixed.

Total online wagers were down by 3 per cent to $171.2m, while the smaller retail sector recorded a 16 per cent rise in handle to [...]

1 min read

TAB NZ gambling turnover drops 5% in FY2022

Gambling turnover at TAB NZ declined by 5 per cent to NZ$2.93bn (€1.73bn) in the financial year ended 31 July 2022.

Racing wagering fell by 2 per cent to $1.76bn during the year and was partially offset by a 1 per cent rise in sports betting turnover to a record high [...]

1 min read
Detroit, Michigan

Detroit casinos report gaming and retail sportsbook decline in 2022

Michigan’s three commercial casinos in Detroit have reported combined land-based casino and retail sportsbook revenue of $1.28bn for 2022.

Total annual revenue declined by 1 per cent compared to 2021, and comprised $983.7m in slots revenue, $273.3m in table games revenue, and $18.8m in retail sports betting revenue.

Combined slots and table [...]

1 min read
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