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Massachusetts casinos report April revenue of $102 million

Massachusetts’s three gaming venues reported land-based revenue of $101.5 million in April, an increase of 2 per cent versus the same month last year.

Gaming revenue increased by 2 per cent to $101.2 million, with a 4 per cent rise in slot machine revenue to $68.1 million mitigating a 2 per [...]

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Chile casinos post March revenue of CLP46.8 billion

Chile’s casino revenue increased by 7 per cent to CLP46.77 billion (€53.1 million) in March and took first quarter revenue to CLP143.02 billion.

There were 618,452 visitors to Chile’s casinos during the month, a 31 per cent improvement versus March 2022.

Quarterly visitor numbers grew by 36 per cent to 2.02 [...]

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Massachusetts sports handle hits $579 million in April

Massachusetts recorded sports handle of $579.3 million in April, the second month of online betting in the state.

The six active online sportsbooks generated wagers of $566.2 million in April, with DraftKings the market leader with a 50 per cent share of handle at $283.8 million. FanDuel had handle of $172.6 [...]

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Illinois sports handle sets new high in March

Illinois’s sports handle rose by 10 per cent to $1.07 billion in March and set a new monthly wagering high.

Online wagering grew by 12 per cent to $1.04 billion, whilst retail betting fell by 20 per cent in March to $35.0 million.

Betting on professional sports amounted to $735.6 million, versus [...]

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Kansas sports wagers lowest since launch in April

Kansas’ sports wagers amounted to $133.0 million in April, marking the state’s lowest total since launch in September 2022.

Online betting amounted to $126.3 million, led by DraftKings with $53.0 million and FanDuel with $39.7 million.

Retail wagers were $6.7 million and the market leader was Barstool Sportsbook with handle of $4.3 [...]

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Maryland reports $328 million in April sports handle

Maryland reported $328.5 million in sports handle in April, with mobile betting accounting for 95 per cent of the monthly total.

SuperBook launched online in Maryland on 13 April, meaning that there were nine mobile operators and 10 retail licensees active during the month. SuperBook earned handle of $530,379 in its [...]

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Detroit, Michigan

Michigan commercial casino revenue down 8% in April

Michigan’s three commercial casinos posted revenue of $109.7 million in April, which was a year-on-year decline of 8 per cent.

Land-based gaming’s adjusted gross revenue was 6 per cent lower at $109.6 million, whilst retail sports betting revenue fell by 94 per cent to $120,350 on wagers of $15.3 million.

The MGM [...]

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Colorado Flag

Colorado sports wagers fall by 2% in March

Colorado’s sports wagers fell by 2 per cent to $494.4 million in March and gave first quarter handle of $1.47 billion.

Monthly online betting turnover in Colorado was down by 2 per cent to $489.9 million, whilst retail betting dropped by 17 per cent to $4.5 million. Total handle has experienced [...]

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Estonia set to increase gambling taxes

The government of Estonia is proposing higher gambling tax rates from 2024 in a bid to balance the state budget.

The higher taxes on gambling, among other products, will help to counter Estonia’s planned increase in the tax-free income allowance of individuals.

The tax changes proposed by finance minister Mart Võrklaev will [...]

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Virginia reports sports handle of $512m in March

Virginia's sports handle rose by 9 per cent to $511.6 million in March and took the first quarter total to $1.46 billion.

Internet sports wagers grew by 8 per cent to $507.0 million in the month, accounting for 99 per cent of the total. Retail wagers from Virginia’s two casinos amounted [...]

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UK gambling tax surpasses £3.25 billion in 2022

Total gambling tax in the United Kingdom grew by 9 per cent to a record £3.25 billion in the calendar year 2022.

Lottery duty was the largest contributor with £974.2 million (30 per cent), although this was a 5 per cent fall on the previous year.

Remote Gaming Duty (RGD) was also [...]

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Victoria to push ahead with online betting tax increase

The Australian state of Victoria will increase its online betting point of consumption tax by 50 per cent next year.

The Point of Consumption Tax (POCT) will increase from 10 per cent of net wagering revenue to 15 per cent from 1 July 2024, with half of the proceeds earmarked for [...]

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