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Caesars Entertainment

Caesars full year revenue climbs 13% to $10.82bn

Caesars Entertainment has reported a 9 per cent increase in net revenue to $2.82bn for the final quarter of 2022, taking full year net revenue past $10.82bn.

The year-on-year improvement in Q4 was driven by continued growth in the Las Vegas segment as net revenue increased by 11 per cent to [...]

1 min read
Better Collective

Better Collective sees revenue climb to €269.3m in 2022

Online betting and gaming affiliate Better Collective grew full year revenue by 52 per cent to €269.3m following a strong performance in the final quarter of the year.

The FIFA World Cup helped new depositing customers climb 117 per cent to a record 580,000 during the fourth quarter, driving a 63 [...]

1 min read
Kambi

Kambi benefits from strong Q4 to report 2% revenue growth in 2022

Sports betting technology and services provider Kambi has recorded a 2 per cent increase in full year revenue to €166m following a strong end to 2022.

The company benefited from 66 per cent revenue growth in the final quarter of the year to €57.8m following a number of new market launches, [...]

1 min read

Powerball becomes official lottery game of NASCAR

The Multi-State Lottery Association’s Powerball lottery game has become an official partner of American stock car racing association NASCAR.

The deal is the first between Powerball and a major sports league, with Powerball designated as an official lottery game of NASCAR.

“NASCAR and Powerball have shared in the goal of providing exhilarating [...]

2 mins read

Minnesota mobile sports betting bills introduced

Lawmakers in Minnesota have introduced legislation to regulate mobile sports betting.

The bills introduced Monday would allow the state to award up to 11 mobile sports betting operator licenses to Indian Tribes that lawfully conduct Class III gaming in the state, with each tribe eligible for one twenty-year mobile sports betting [...]

1 min read

Mississippi sports betting handle drops 14% in January

Sports wagers in Mississippi dropped by 14 per cent to $57.2m in January, with declines across all the major sports.

American football ($22.8m) and basketball ($22.9m) had similar levels of handle for the month and accounted for 80 per cent of turnover. Wagering on American football fell by 5 per cent [...]

1 min read

Bragg Gaming goes live with Swiss Casinos in Switzerland

Bragg Gaming has strengthened its presence in Switzerland’s regulated iGaming market after launching its content with Swiss Casinos.

A selection of games from Bragg’s exclusive portfolio have gone live on SwissCasinos.ch, with further games to be released at regular intervals.

“Rolling our content out with another Swiss operator is a fantastic achievement [...]

2 mins read

SIS partners HKJC to add The Saudi Cup to World Pool events

Sports Information Services (SIS) has agreed a deal with the Hong Kong Jockey Club (HKJC) for six races on the Saudi Cup race meeting to become HKJC World Pool events.

HKJC will host the wagering pools on Saudi Cup day races 3-8, giving bettors access to the biggest international commingled pools [...]

2 mins read

Pennsylvania makes strong start as January gambling revenue grows 18%

Pennsylvania’s gambling market has begun 2023 with an 18 per cent increase in revenue from all forms of gaming to $464.5m.

The year-on-year growth was driven by another strong performance from the iGaming sector as revenue rose 23 per cent to $133.1m, while sports betting revenue climbed 22 per cent to [...]

1 min read
Kambi

Kambi seals retail sportsbook deal with del Lago Casino in New York

Sports betting supplier Kambi has agreed a retail sportsbook deal with del Lago Resort and Casino in New York.

Kambi will provide its retail sportsbook technology and services to the venue, which is owned by Churchill Downs Inc.

“We are very excited to sign del Lago Resort and Casino as our newest [...]

2 mins read
Barstool Sportsbook Ameristar

Penn completes acquisition of Barstool Sports

Penn Entertainment has taken full ownership of Barstool Sports for a consideration of approximately $388m.

Having previously acquired a 36 per cent stake in Barstool Sports in February 2020, Penn completed its acquisition of the remaining 64 per cent shareholding on Friday, February 17.

“We are extremely pleased to welcome Barstool Sports [...]

1 min read

The Gaming Intelligence Hot 50 of 2023 announced

It’s that time of year again when we celebrate the achievements of our friends and colleagues as the annual Gaming Intelligence Hot 50 is revealed.

Since its inception in 2012, the Hot 50 has sought to celebrate those who have achieved great things in our industry, as well as those of [...]

2 mins read
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