New York-listed Churchill Downs Incorporated (CDI) has reported a 12 per cent increase in net revenue to a record $364.1m for the first quarter of 2022, despite a decline in its TwinSpires wagering business.
The year-on-year revenue growth was driven by a 16 per cent increase in net revenue from CDI’s [...]
Sydney-listed sportsbook operator BlueBet Holdings has strengthened its senior executive team in the United States with the appointments of Jake Francis as senior vice president of operations and Sean Phinney as SVP of marketing.
The senior appointments bolster BlueBet’s ranks in the US as the company prepares to launch its new [...]
Swedish betting and gaming operator AB Trav och Galopp (ATG) has matched last year’s record performance after posting net gaming revenue (NGR) of SEK1.27bn for the first quarter of 2022.
First quarter NGR remained at the same level as last year, with Online NGR climbing 3.5 per cent to SEK1.06bn, offsetting [...]
Kindred Group’s revenue in the first quarter of 2022 fell by 30 per cent year-on-year to £246.7m, primarily due to the company’s temporary withdrawal from the Netherlands.
Total revenue from both B2B and B2C operations fell from £352.6m a year ago to £246.7m in Q1 2022, with B2C gross winnings revenue [...]
Betsson has reported an 8 per cent increase in revenue to €170.2m for the first quarter of 2022, as the company benefited from an improved sports betting margin and rapid growth in Latin America.
Organic growth in the first quarter came in at 14 per cent, with a 45 per cent [...]
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 [...]
France’s regulated online betting and iGaming market returned to growth in 2021 as total gross gaming revenue increased by 24 per cent to a record €2.16bn.
Results were buoyed by strong momentum from online sports betting and an 11 per cent increase in total active players to 5.4m, according to French [...]
Entain-backed sports data provider Racing and Sports (RAS) Technology Holdings has entered into a new long-term partnership with the Greyhound Board of Great Britain (GBGB).
The new deal will see RAS assume responsibility for the support and maintenance of GBGB’s database from May 2023, covering all greyhound racing in the UK. [...]
Sydney-listed betting solutions provider BetMakers Technology Group has promoted Dan MacDonald to its executive team as chief digital officer.
MacDonald has served as head of product since joining BetMakers in October 2020, having previously served at Australian betting operators such as BetEasy, William Hill, and Sportsbet.
“Dan has shown himself to be [...]
888 Holdings has reported an 18 per cent fall in revenue for the first quarter of the year as a result of its temporary withdrawal from the Netherlands, tough trading conditions in the UK, and the impact of the strong comparable period last year.
888’s total revenue in the first quarter [...]
New Jersey’s regulated gambling market continued its strong start to the year as total revenue from casinos, racetracks and their partners increased by 19 per cent to $1.18bn during the first quarter of 2022.
The strong year-on-year growth followed an 18 per cent increase in gaming revenue to $423.7m in March, [...]
Sportech chairman Giles Vardey stepped down today (April 14) after almost three years in the position, with non-executive director Richard McGuire assuming the role with immediate effect.
Vardey joined the board of directors of Sportech in November 2017 and was named chairman in July 2019.
During his tenure, Sportech’s business has been [...]