Gambling revenue in Nevada increased by 4 per cent to $7.52 billion during the first half of 2023, despite revenue in June coming in 2 per cent lower at $1.25 billion.
Nevada’s sportsbooks had a difficult month in June, with total sports betting revenue down by 60 per cent year-on-year at [...]
Flutter Entertainment and Fox Corporation have confirmed the immediate closure of the FOX Bet sports betting platform for commercial reasons.
The FOX Bet joint venture was launched amid much funfair in September 2019 by FOX and The Stars Group (prior to its acquisition by Flutter) to replace the BetStars brand.
The sports [...]
US casino operator Boyd Gaming has reported a 2.5 per cent increase in revenue to $917.0 million for the second quarter of 2023, with growth from its Online business offsetting a decline from its Las Vegas operations.
The company attributed the Las Vegas decline to high comparables in the prior year [...]
New York-listed betting and gaming operator MGM Resorts International has appointed Daniel Yang as chief customer and innovation officer.
In the newly created role, Yang will lead the company's global consumer success strategy, with a focus on maximizing growth and profitability.
He joins MGM Resorts from Aristocrat Leisure, where he served as [...]
This week’s games and platform integrations round-up from Gaming Intelligence features the likes of Relax Gaming, Red Tiger, Playtech, Yggdrasil, BF Games, Betsoft Gaming, Greentube, Play’n GO, Pragmatic Play, Evoplay, Big Time Gaming, Bragg Gaming and Pariplay.
Relax Gaming’s Sloth TumbleRelax Gaming has launched Sloth Tumble, its first tumble game creation [...]
Sydney-listed sports betting operator PointsBet has reported a 26 per cent increase in net win to AUD$391.1 million for the financial year ended 30 June, benefiting from a strong performance in the final quarter.
Fourth quarter net win rose 19 per cent year-year to $102.3 million, including a 35 per cent [...]
Sports wagers in Kansas fell to $98.1 million in June, which was the state’s lowest monthly total since the opening of the market in September 2022.
Online sports wagers amounted to $94.9 million in the month, whilst retail wagers were $3.2 million. Both sectors recorded their lowest monthly performances in June.
Total [...]
London-listed iGaming affiliate XLMedia has reported a 34 per cent drop in revenue to US$29.4 million for the first half of 2023.
The company said that the H1 performance reflected the “timing, number and scale of new state launches in the United States”, with operator marketing activity around the launch of [...]
Churchill Downs Incorporated (CDI) has posted record results for the second quarter of 2023 as net revenue increased by 32 per cent to $768.5 million.
The strong Q2 growth was driven by a record performance from CDI’s Live and Historical Racing segment, where revenue increased 48 per cent to $408.0 million.
The [...]
Nasdaq-listed online sports betting and casino operator EBET has initiated a review of strategic alternatives to maximize the value of its portfolio of iGaming brands.
The company’s Board has designated a Strategic Alternatives Committee to assist in considering a full range of options, including a potential merger, sale or other strategic [...]
Michigan’s revenue from online sports betting and gaming grew by 24 per cent to $169.3 million in June and took first half revenue to $1.13 billion.
iGaming revenue was $151.0 million in June, an increase of 24 per cent, and was the fourth consecutive month that revenue was above $150 million.
For [...]
The three casinos in Arkansas earned gambling revenue of $346.4 million in the first half of 2023, after June’s revenue rose by 16 per cent to $53.8 million.
Arkansas’s slot machine revenue increased by 11 per cent in June to $46.4 million. Southland Casino Racing accounted for 49 per cent of [...]