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Detroit, Michigan

Michigan iGaming operators set record high for third consecutive month

Michigan’s commercial and tribal casino operators saw combined total gross receipts from online sports betting and iGaming increase by 41 per cent to $163.2m in April.

Total gross receipts in April were buoyed by another record performance from the iGaming sector as gross receipts grew 39.5 per cent year-on-year to $132.4m, [...]

1 min read

Delaware iGaming growth offsets another sports betting decline

Delaware’s three licensed operators enjoyed another strong month of iGaming growth in April, helping to offset a year-on-year decline in sports betting.

iGaming wagers increased by 73 per cent year-on-year to $37.2m in April, just below the previous month’s record $37.4m, with wagers from sports betting 24 per cent lower than [...]

1 min read
Better Collective

Better Collective benefits from US growth in Q1

iGaming affiliate Better Collective has reported a 74 per cent increase in first quarter revenue to €67.4m following strong growth in the United States, with organic revenue growth of 44 per cent versus Q1 2021.

The US business increased revenue five-fold over the first quarter of 2021 and now accounts for [...]

1 min read

Sports betting and iGaming drive Pennsylvania growth in April

Pennsylvania’s licensed betting and gaming operators recorded another strong month as total revenue from all forms of gambling rose 14 per cent to $461.6m.

April’s total was just below the previous month’s record $462.7m, with year-on-year growth from iGaming, sports betting and land-based casino gaming offsetting declines in fantasy contest and [...]

1 min read

Butler National agrees Kansas sports betting partnerships

Butler National subsidiary Boot Hill Casino & Resort in Kansas has agreed sports betting market access deals with operators DraftKings and Bally's. 

Newly adopted legislation in Kansas allows Boot Hill Casino to serve as a lottery gaming facility manager and partner with up to three sports wagering platform providers for online [...]

1 min read

FanDuel maintains lead as Indiana sportsbook handle hits $360m

Indiana’s licensed sports betting operators recorded a 52 per cent increase in handle to $360.0m in April, with FanDuel maintaining its market leadership position for online sports betting.

April wagers were buoyed by a 60 per cent year-on-year increase in online sports wagers to $333.9m, offsetting a 4 per cent drop [...]

1 min read

Iowa sportsbook handle climbs 50% in April

Iowa’s licensed retail and online sports betting operators collected total wagers of $177.4m in April, an increase of 50 per cent compared to the same month last year.

Continuing the market’s strong start to the year, the state’s 19 operational sportsbooks recorded a 54 per cent increase in online wagers to [...]

1 min read
Light & Wonder

Light & Wonder sets outs ambitious growth plans

Shares in gaming supplier Light & Wonder gained 9.37 per cent Tuesday after the company revealed its financial targets through to 2025.

L&W is aiming to grow consolidated Adjusted EBITDA to $1.4bn in 2025, representing a compounded annual growth rate of 15 per cent, with a targeted net debt leverage ratio [...]

1 min read
FanDuel

FanDuel brings in Asaf Noifeld to lead casino business

Flutter Entertainment-owned FanDuel has tapped sister company PokerStars for a leader to grow its online casino business.

Asaf Noifeld has been appointed to the newly created role of Managing Director, Casino, after eight years with PokerStars, where he helped to build the casino business from scratch.

"Asaf brings deep experience building online [...]

2 mins read
Evolution

Evolution to supply casino portfolio to PlayStar in New Jersey

Stockholm-listed casino supplier Evolution has signed an agreement to provide its live casino and RNG-based casino games to US-facing online casino operator PlayStar. 

The deal will enable PlayStar customers to access a range of Evolution's online live casino games and ‘First Person’ casino games in New Jersey when the operator makes [...]

3 mins read
GAN

Latin America drives record first quarter for GAN

New York-listed gaming supplier and operator GAN has reported a 38 per cent increase in revenue to a record $37.5m for the first quarter of 2022.

The year-on-year revenue growth was driven by a 71 per cent increase in B2C revenue from Coolbet, while B2B revenue climbed 2 per cent to [...]

1 min read

New Jersey gambling market grows 20% despite sports betting decline

New Jersey’s regulated gambling market grew by 20 per cent to $422.5m in April, buoyed by strong growth in iGaming and land-based casino gaming revenue.

The state’s nine licensed properties saw total casino win increase by 24 per cent year-on-year to $235.3m in April, with iGaming revenue climbing 27 per cent [...]

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