New York-listed betting and gaming operator DraftKings has posted a net loss of $1.5bn for 2021, despite seeing full year revenue more than double to $1.3bn.
DraftKings benefited from a strong finish to the year as Q4 revenue increased by 47 per cent versus a year ago to $473m, with revenue [...]
Britain’s regulated online gambling market contracted by nearly a third in December 2021, according to new data released by the Gambling Commission.
The latest operator data on gambling behaviour amid the easing of lockdown measures across Great Britain shows that online gross gaming yield (GGY) fell by 31 per cent year-on-year [...]
Aspire Global-owned gaming supplier Pariplay has strengthened its Fusion platform with the addition of Scout Gaming Group as a new studio partner.
The partnership will make Scout's portfolio of fantasy sports games available to operators via the Fusion platform, which now hosts over 12,000 games from more than 70 suppliers.
“Through this [...]
New York-listed sports betting and fantasy sports giant DraftKings has been named as the official fantasy sports partner of English Premier League football club Norwich City for the remainder of the 2021/22 season.
As an official partner, DraftKings will benefit from branding throughout Norwich City's Carrow Road stadium, as well as [...]
Swedish betting and gaming operator AB Trav och Galopp (ATG) has expanded its product offering in partnership with Scout Gaming.
The agreement enables ATG to offer players a broad range of fantasy sports tournaments from the Scout Gaming Network, including a SEK2.5m Guaranteed Champions League Knockout Tournament where the overall winner [...]
Arizona Senator Sally Gonzales has introduced legislation to ensure parity among the state’s Native American tribes by increasing the number of sports betting licenses available to tribal operators.
Arizona’s regulated sports betting market launched five months ago and allows for a maximum of 20 licensed operators, with ten licenses linked to [...]
Austrian gaming operator and supplier Novomatic, traditionally the biggest exhibitor at Clarion Gaming’s ICE expo, has pulled out of the rescheduled 2022 event.
Novomatic’s exit follows similar withdrawals from Gauselmann and Scientific Games, which as a group form ICE’s three largest exhibitors. Zitro Games has also announced it will not attend.
“A [...]
Arizona’s newly regulated sports betting and fantasy sports markets have generated over $1.2bn in wagers in less than three months of operations.
In a strong start to the newly opened regulated markets, licensed operators collected $466.7m in sports wagers in November 2021, alongside $4.0m in fantasy sports entry fees.
DraftKings maintained its [...]
Pennsylvania’s regulated betting and gaming market reached new heights in 2021 as total revenue increased by 78 per cent to $4.73bn, generating combined tax revenue for the state of $1.93bn.
With 2020 revenue significantly impacted by closures and safety measures implemented at casinos as a result of Covid-19, there was strong [...]
Flutter Entertainment is the best represented company in this year’s Gaming Intelligence Hot 50 but Bally’s is the most successful brand.
Flutter’s extraordinary run of acquisitions has gifted it six stars in the Gaming Intelligence Hot 50 2022.
Sportsbet was the one of the first operators to be acquired on the acquisition [...]
Pennsylvania’s regulated betting and gaming market hit a new record monthly high in November as total revenue increased by 52 per cent compared to last year to $432.5m.
Total gaming and sports betting revenue increased by 1.5 per cent versus the previous record high in October 2021, with the sports betting [...]
Stockholm-listed fantasy sports provider Scout Gaming has recruited Niklas Jönsson to serve as chief financial officer effective January 2022.
Jönsson is an experienced finance and gaming executive who has previously served as CFO of Global Gaming 555 and operational CFO of Evolution Gaming Malta.
"It feels very good to be able to [...]