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Bragg Gaming revenue hits record high in second quarter

Nasdaq and Toronto-listed gaming supplier Bragg Gaming has posted record results for the second quarter as revenue grew by 19 per cent to €27.7 million.

Wagering revenue generated by games and content offered by the supplier increased by 31 per cent to €5.5 billion, while the number of unique players (excluding [...]

1 min read
GAN

GAN reveals M&A interest as Q2 revenue falls 3%

Nasdaq-listed GAN is evaluating interest from prospective bidders as the gaming supplier and operator posted a 3 per cent drop in second quarter revenue to $33.8 million.

Revenue from B2B declined by 30 per cent year-on-year to $33.8 million, which GAN attributed to a decrease in contractual revenue rates pursuant to [...]

1 min read

Macau recovery boosts Wynn Resorts in second quarter

Casino operator Wynn Resorts has seen second quarter revenue more than double to $1.6 billion, driven by strong growth from its Macau operations.

Wynn Palace revenue soared 698.5 per cent to $468.4 million, while Wynn Macau revenue was up 415 per cent at $301.6 million as the post-Covid recovery accelerated during [...]

1 min read
Entain

Entain revenue tops £2.4 billion in first half of 2023

Entain has reported a 14 per cent increase in net gaming revenue (NGR) to £2.40 billion for the first half of 2023, benefiting from strong performances in both Online and Retail.

Online NGR was 15 per cent ahead of last year at £1.68 billion, with Sports NGR up 6 per cent [...]

1 min read
NeoGames

NeoGames maintains strong growth ahead of Aristocrat merger

NeoGames grew revenue by 127 per cent to $47.9 million in the second quarter of 2023, driven by strong increases in the Sports and Games segments.

The lottery and gaming supplier reported growth of 7.8 per cent in the NeoGames iLottery business to $13.75 million, while net revenue from Aspire Global [...]

1 min read

Iowa Lottery sales rise 11% in FY2023

The Iowa Lottery Authority has reported an 11 per cent rise in the state’s lottery sales to a new record of $481.6 million in the fiscal year to 30 June 2023.

Instant win ticket sales were up by less than 1 per cent at $293.6 million, after a slow start to [...]

1 min read
Oregon

Oregon sports handle jumps 42% in July

Sports handle in Oregon jumped by 42 per cent to $40.4 million in July, helped by good results from the secondary wagering sports.

Wagering on tennis was up by 60 per cent to $5.1 million and soccer betting was 41 per cent higher at $4.5 million.

Unspecified ‘other’ sports saw handle more [...]

1 min read

Interactive drives Q2 revenue growth for Penn Entertainment

Penn Entertainment has reported a 3 per cent increase in revenue to $1.67 billion for the second quarter of 2023, buoyed by strong Interactive growth.

Revenue from the Northeast segment climbed marginally versus a year ago to $688.0 million, partially offsetting a 9 per cent fall in revenue from the South [...]

1 min read
Flutter Entertainment

Flutter Entertainment revenue up 42% in H1 2023

Flutter Entertainment has reported a 42 per cent increase in group revenue for the first half of 2023, aided by the addition of Sisal following its acquisition in August 2022.

Total revenue in the first half of 2023 was 42 per cent higher at £4,809 million, as sports betting revenue climbed [...]

1 min read

Light & Wonder revenue grows 20% in strong second quarter

New York-listed gaming supplier Light & Wonder (L&W) has reported a 20 per cent increase in revenue to $731 million for the second quarter of 2023, its ninth consecutive quarter of year-on-year growth.

The Q2 performance was driven by double-digit growth across all of the company’s business segments, including another record [...]

1 min read
SciPlay

Light & Wonder set to acquire remaining stake in SciPlay

Light & Wonder (L&W) has entered into a definitive agreement to take over full ownership of social and casual gaming operator SciPlay.

The agreement will see L&W acquire the remaining17 per cent equity interest in SciPlay that it does not currently own for $22.95 per share in an all-cash transaction.

The offer [...]

1 min read

ESPN enters US online sports betting with Penn Entertainment

Penn Entertainment has agreed a 10-year deal to use the ESPN Bet trademark for online sports betting in the United States.

The strategic alliance between Penn Entertainment and ESPN will see Penn’s Barstool Sportsbook rebranded as ESPN Bet in the US in the Fall of 2023, with Penn paying ESPN $1.5 [...]

4 mins read
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