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Better Collective hits record Q2 as revenue tops €78 million

Shares in Better Collective climbed more than 10 per cent in Stockholm Wednesday morning after the betting and gaming affiliate delivered another record performance during the second quarter of 2023.

Revenue in the second quarter increased by 39 per cent year-on-year to €78.1 million, buoyed by a 32 per cent rise [...]

1 min read
Golden Nugget Online Gaming

DraftKings debuts Golden Nugget iGaming brand in Pennsylvania

DraftKings-owned Golden Nugget Online Gaming (GNOG) has gone live in its fourth US state after launching its online casino platform in Pennsylvania.

Powered by DraftKings, who acquired the operator in May 2022, the Golden Nugget Online Gaming casino app includes more than 500 slots and classic table games, in addition to [...]

2 mins read
Churchill Downs

Churchill Downs Inc. completes Exacta Systems acquisition

Churchill Downs Incorporated (CDI) has completed its previously announced acquisition of Florida-based historical horse racing business Exacta Systems.

Following an initial agreement last December, CDI has paid a total consideration of $250 million to acquire the business, subject to certain working capital and other purchase price adjustments.

Through its ownership of Colonial [...]

2 mins read

Arkansas gambling revenue increases by 9% in July

Gambling revenue at Arkansas’ three land-based casinos grew by 9 per cent to $59.1 million in July.

Revenue from land-based gaming was 7 per cent higher at $57.0 million, of which slot machines accounted for $51.2 million and table gaming $5.8 million.

Total sports betting revenue in July was $2.1 million [...]

1 min read

Scientific Games wins Lotto NZ lottery technology deal

New Zealand’s national lottery operator Lotto NZ has brought an end to an 18-month procurement process after selecting Scientific Games as its new systems technology provider.

The new seven-year agreement will see Lotto NZ replace its existing core gaming system and online gaming system with fully integrated next-generation technology from Scientific [...]

3 mins read
Catena Media

Catena Media shares slump as Q2 revenue falls 16%

Stockholm-listed iGaming affiliate Catena Media has reported a 16 per cent fall in revenue from continuing operations to €16.9 million for the second quarter of 2023, as revenue from North America continued to decline.

North America revenue was down by 16 per cent at €12.5 million in Q2, while revenue from [...]

1 min read

Kansas sports betting drops below $80 million in July

Sports betting in Kansas dropped to $79.7 million in July, during the quiet summer sports schedule.

July’s total was Kansas’s lowest since launch in September 2022, with online wagering totalling $77.5 million and $2.2 million from retail.

DraftKings was the state’s market leader with handle of $35.3 million, a share of 44 [...]

1 min read
Basketball

Fox Bet fined in New Jersey for bets on college sports

Flutter Entertainment subsidiary TSG Interactive US Services has been fined for offering prohibited bets on New Jersey college sports through the Fox Bet brand.

Fox Bet was previously warned for offering bets on college games involving a New Jersey team in 2021 but has since notified the New Jersey Division of [...]

1 min read

Arizona sports wagers grow to $393 million in June

Sports wagers in Arizona grew by 23 per cent to $393.2 million in June and took total wagers in the first half of 2023 to $3.2 billion.

Mobile betting accounted for almost all of Arizona’s June wagers at $390.3 million, with just $2.9 million from retail betting.

FanDuel and DraftKings accounted for [...]

1 min read

Fanatics opens second retail sportsbook in Ohio

Fanatics Betting and Gaming has opened a new retail sportsbook in Ohio through its partnership with Major League Baseball’s (MLB) Cleveland Guardians.

The Fanatics Sportsbook at Progressive Field is located outside the Right Field District Gate and features two betting windows, four self-service betting kiosks and seven TV monitors.

The opening marks [...]

2 mins read
Pennsylvania

Pennsylvania gambling revenue rises to $467 million in July

Pennsylvania’s gambling revenue rose by 9 per cent to $467.0 million in July, with strong contributions from both iGaming and sports betting.

iGaming revenue in Pennsylvania grew by 35 per cent in July to $132.9 million, made up of $94.9 million from online slots, $35.4 million from table gaming and $2.6 [...]

1 min read

Scientific Games unveils new iLottery content aggregation platform

Scientific Games is looking to significantly expand its portfolio of iLottery products through the launch of the SG Content Hub and Partner Program.

The SG Content Hub offers access to multiple iLottery game studios and integrates with a lottery’s existing gaming systems and iLottery technology.

Partner game studios that are part of [...]

3 mins read
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