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Connecticut’s sports and iGaming wagers top $877m in April

Connecticut’s regulated sports betting and iGaming market took in total wagers of $877.0m in April, with the Mashantucket Pequot Tribe maintaining its market leadership position.

April sports betting and iGaming wagers were down 9 per cent on the previous month’s $960.7m total, and comprised $760.6m from iGaming, $109.4m from online sports [...]

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Swedish online casino and sports betting market grows 7% in Q1

Sweden’s licensed gambling operators saw total net sales increase by 6 per cent year-on-year to SEK6.54bn (€621.5m) in the first quarter of 2022, driven by online casino and sports betting.

The country’s 91 licensed operators recorded modest growth versus a year ago, buoyed by a 7 per cent increase in online [...]

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Lottery.com first quarter revenue grows to $21.2m

New York-listed online lottery provider Lottery.com has seen first quarter revenue soar 285 per cent to $21.2m, although expenses increased at a higher rate.

The strong year-on-year revenue growth was primarily driven by the sale of LotteryLink credits to a LotteryLink affiliate related to pre-paid promotional rewards.

As a result of the [...]

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Kansas Governor signs sports betting bill

Governor Laura Kelly of Kansas has signed a bill to legalise and regulate sports betting and historical horse racing machines.

The bill signed Thursday will allow the Kansas Lottery to offer sports betting to players within the state who are over the age of 21, through one or more lottery gaming [...]

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Acquisition expenses push NeoGames into loss in Q1

New York-listed lottery and gaming supplier NeoGames has reported revenue of $13.2m for the first quarter of 2022 alongside strong growth at its NeoPollard Interactive joint venture.

NeoGames’ revenue decreased from $13.3m a year ago to $13.2m, while the NPi joint venture with Pollard Banknote grew revenue by 11.2 per cent [...]

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IGT declares dividend as Q1 revenue climbs 4 per cent

New York-listed lottery and gaming supplier International Game Technology (IGT) has reported a 4 per cent increase in revenue to $1.05bn in the first quarter of 2022.

IGT benefited from growth within its Global Gaming and Digital & Betting segments, which offset lower revenue from Global Lottery.

Global Lottery revenue was 9 [...]

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Belgium proposes gambling advertising ban

The Belgian government has unveiled plans to outlaw advertising by licensed gambling operators by the end of this year.

The advertising ban is meant to increase protection for vulnerable players and will apply to all operators, excluding the National Lottery.

The ban will apply to most forms of advertising, including TV and [...]

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Gambling activity in Britain remains below pre-pandemic levels

The number of people gambling in the United Kingdom continues to fall below pre-pandemic levels according to the latest data from the Gambling Commission, with the impact of the pandemic resulting in marginally more online gamblers in the past four weeks versus retail gamblers.

The survey data shows that overall participation [...]

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Svenska Spel

Svenska Spel posts 3% revenue decline in first quarter

Swedish gaming operator Svenska Spel has endured a challenging start to 2022 as revenue and earnings were negatively impacted by new weekly iGaming deposit limits introduced in January.

Total first quarter net gaming revenue (NGR) fell by 3 per cent versus a year ago to SEK1.94bn, with declines in Svenska Spel’s [...]

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Sportech announces £7m capital distribution

London-listed technology supplier and gaming operator Sportech will return £7.0m to shareholders through a capital distribution.

The distribution follows the sale of Sportech’s terrestrial lottery business in the Dominican Republic for £9.25m in January, with retained capital earmarked for financing organic growth opportunities.

“Management's successful sale of the terrestrial lottery business facilitated [...]

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La Française des Jeux (FDJ)

Retail boosts France’s FDJ as first quarter revenue climbs 14%

French gaming and lottery operator La Française des Jeux (FDJ) has reported a 14 per cent increase in revenue to €613.0m for the first quarter of 2022.

FDJ’s solid start to the year followed a 10 per cent rise in total stakes to €5.06bn during the quarter, with the comparable period [...]

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Norsk Tipping names Thor Gjermund Eriksen as next CEO

Norway's state-owned gambling and lottery operator Norsk Tipping has named Thor Gjermund Eriksen as its next chief executive officer.

Eriksen will take over as CEO on 12 September from Åsne Havnelid, who announced earlier this year that she would be stepping down having served six years in the role.

Eriksen currently serves [...]

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