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Rhode Island betting handle reaches $62m in January

Rhode Island’s betting sector started 2023 with record wagering in January, which rose by 6 per cent year-on-year to $62.3m.

Online betting handle grew by 12 per cent to $37.5m and was the highest monthly amount since launch.

Online growth helped to make up for a slight fall in retail wagering, which [...]

1 min read

Nevada gambling revenue rises 18% in January

Nevada’s gambling sector reported total revenue of $1.27bn in January, an increase of 18 per cent on the same month last year.

In a good start to 2023, slot machine revenue increased by 16 per cent to $847.5m. The multi denomination category of slots saw a 28 per cent rise in [...]

1 min read

Codere Online names Aviv Sher as new CEO

Codere Online has appointed Aviv Sher as chief executive officer to replace Moshe Edree, who will remain with the company as executive vice chairman.

Edree has stepped down as CEO after nearly five years in the role, but will continue to be involved in the company as executive vice chairman.

He is [...]

2 mins read
Codere Online TV Azteca

Strong Q4 takes Codere Online full year revenue to €122.9m

Nasdaq-listed online betting and gaming operator Codere Online has reported a 48 per cent increase in net gaming revenue (NGR) to €122.9m for 2022, driven by a strong finish to the year during the final quarter.

Benefiting from the FIFA World Cup, fourth quarter NGR grew by 70 per cent versus [...]

1 min read
Columbus Ohio

FanDuel takes lead as Ohio sports wagers exceed $1.1bn in January

Ohio’s newly regulated sports betting market generated total handle of $1.11bn in its first month of legalized wagering in January, with FanDuel the early market leader.

The vast majority of wagers were placed online, with 16 operators collecting $1.09bn in January sports wagers, while the state’s 14 retail sportsbooks took in [...]

1 min read

New York commercial gaming revenue climbs 14% in January

Commercial land-based gaming revenue at the four full-service casinos in New York State increased by 14 per cent to $54.6m in January 2023.

Both Rivers Casino and Tioga Downs Casino saw their total revenue for the month rise by 22 per cent year-on-year to $17.4m and $8.7m respectively, with Rivers Casino [...]

1 min read

Playtika struggles in Q4 as social casino decline continues

New York-listed social and casual gaming operator Playtika posted a 3 per cent drop in revenue to $631.2m for the final quarter of 2022, following another decline in its social casino portfolio.

Revenue from social casino-themed games fell by 9 per cent year-on-year to account for 45.3 per cent of Playtika’s [...]

1 min read
IGT

IGT revenue climbs to $4.2bn in 2022

International Game Technology (IGT) has reported a 3 per cent increase in revenue to $4.2bn for 2022, buoyed by a record performance from its PlayDigital business.

Revenue from the company’s core Global Lottery division declined by 8 per cent to $2.6bn, as strong product sales and multi-jurisdiction jackpots were offset by [...]

1 min read

Americas drive first half revenue growth for Ainsworth

Sydney-listed gaming supplier Ainsworth Game Technology (AGT) has reported a 23 per cent increase in revenue to AUD$124.1m for the six-month period ended 31 December 2022, buoyed by continued growth in the Americas.

International revenue grew by 20 per cent year-on-year to $100.9m and now accounts for 81 per cent of [...]

1 min read
PointsBet

PointsBet shares dip as first half loss widens to AUD$178.2m

Sydney-listed betting and gaming operator PointsBet has reported a 24 per cent increase in net win to $182.2m for the financial first half period ended 31 December 2022, although higher expenses widened the company’s loss for the period.

Sports betting turnover increased by 40 per cent to $3.23bn, with the US [...]

1 min read
BlueBet

Higher expenses push BlueBet into loss

Australian and US sports betting operator BlueBet Holdings has posted a loss of AUD$9.9m for the first half of its 2022/23 financial year after seeing net win decline by 5 per cent.

Turnover increased by 6 per cent to $280.5m during the six-month period ended 31 December, with active customers climbing [...]

1 min read

Play’n GO continues North American expansion with Connecticut licence

Online casino games developer Play’n GO is set to enter its fourth market in the United States after securing licence approval in Connecticut.

The Connecticut supplier licence adds to Play'n Go's existing licenses in New Jersey, Michigan and West Virginia.

“Gaining further market access to US iGaming states has been an [...]

2 mins read
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