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Vilnius, Lithuania

Lithuania gambling revenue grows 18% in Q3

Gambling revenue in Lithuania grew by 18 per cent to €63.9m in the third quarter of 2022, driven by a strong performance from the online gambling sector.

Online gambling revenue increased by 31 per cent to €31.1m in Q3, with double-digit growth in all products.

Online slots revenue was up 37 [...]

1 min read

Spanish operators pay €88m in fines in first half of 2022

Spain’s Ministry of Consumer Affairs has revealed that sanctions were issued against 53 online sports betting and gaming operators during the first half of 2022, with the country’s gambling regulator imposing more than €88m in fines.

The sanctions follow the introduction of new regulations by the Dirección General de Ordenación del [...]

1 min read

OPAP grows profit as third quarter revenue nears €500m mark

Greek gamíng operator OPAP has reported a 6 per cent increase in gross gaming revenue (GGR) to €498.8m for the third quarter of 2022, buoyed by growth across all products except video lottery terminals (VLTs).

Lottery GGR grew by 1 per cent year-on year to €180.5m during the third quarter, boosted [...]

1 min read

Record first half for UK National Lottery as sales top £4bn

UK National Lottery operator Camelot UK Lotteries has reported record results for the first six months of its 2022/23 financial year, as lottery sales surpassed £4bn for the first time.

Total lottery sales were 3 per cent higher than the prior year period, driven by a 13 per cent increase in [...]

1 min read

Pre-World Cup sales boost for Taiwan Sports Lottery

The Taiwan Sports Lottery got a pre-World Cup boost as sales rose in October by 14 per cent to NT$4.3bn (€133m).

October’s figure took the Sports Lottery’s total sales for the year to almost NT$43bn and closer to its annual sales target of NT$50bn (€1.55bn), with the ongoing World Cup tournament [...]

1 min read

Rush Street Gaming plans January opening for new Virginia casino

Rush Street Gaming’s Rivers Casino Portsmouth has become the second approved casino facility operator in Virginia, and will open its doors to the public in January.

The Virginia Lottery Board approved its licence application by a 7-0 vote last week, following a comprehensive review of submitted application materials and an extensive [...]

1 min read

Connecticut hits new heights as betting and iGaming wagers reach $1.14bn

Connecticut’s regulated sports betting and iGaming market hit a new record high in October as total wagers grew to $1.14bn, the second consecutive month in which wagers have surpassed $1bn.

October wagers were 6.5 per cent higher than the previous month’s record and comprised $975.8m from iGaming, $153.3m from online sports [...]

1 min read

Lottomatica agrees €310m acquisition of Betflag

Italian betting and gaming operator Lottomatica is looking to strengthen its position in its home market with the acquisition of online operator Betflag.

Lottomatica has agreed a deal to acquire 100 per cent of the share capital of Betflag for a consideration of €310m on completion, subject to adjustments based on [...]

1 min read
National Lottery

Allwyn agrees deal to acquire Camelot UK Lotteries

Allwyn Entertainment, the next operator of the UK National Lottery, has agreed a deal to acquire incumbent National Lottery operator Camelot for an undisclosed amount.

The acquisition is subject to regulatory approvals and is expected to close in the first quarter of 2023, establishing Camelot UK Lotteries as a wholly owned [...]

1 min read

Taiwan Welfare Lottery sales fall 3%

Total sales generated by Taiwan’s Welfare Lottery fell by 3 per cent in the first nine months of 2022 to NT$108.1bn (€3.4bn).

After payment of prizes, the lottery’s revenue was NT$37.7bn, a decline of 6 per cent on the previous year.

The total nine month sales figure for 2022 already represents 81 [...]

1 min read

Oregon’s October betting handle surpasses $55m

October was a good month for the Oregon Lottery’s sports betting division, as total handle increased by 48 per cent to $55.6m.

It is the first time since launch in October 2019 that Oregon’s betting handle has been above $50m for a calendar month.

Betting on American football accounted for $21.4m [...]

1 min read

Lottery.com names new chairman and board members

Nasdaq-listed lottery broker Lottery.com has appointed Matthew McGahan as its new chairman, alongside the appointments of Barney Battles and Naila Chowdhury as board members.

McGahan takes over as chairman from Richard Kivel, who became the latest board member to resign from the company’s board earlier this month, following the earlier exodus [...]

3 mins read
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