Flutter Entertainment has reported a 42 per cent increase in group revenue for the first half of 2023, aided by the addition of Sisal following its acquisition in August 2022.
Total revenue in the first half of 2023 was 42 per cent higher at £4,809 million, as sports betting revenue climbed [...]
Wagering on US horse racing fell by 7 per cent to $1.07 billion in July, according to data published by Equibase.
The number of race days in the month was also down by 7 per cent to 423, with a total of 3,316 races being run. Cancellations because of the weather [...]
BetMGM has agreed a deal to enter Kentucky’s sports betting market through a partnership with Revolutionary Racing Kentucky (RRKY).
The agreement enables BetMGM to roll out mobile and retail sportsbook offerings in the Commonwealth, which will mark its 27th market launch in the United States when Kentucky's regulated market opens next [...]
TAB New Zealand's direct funding to the domestic racing industry will reach a record NZ$215 million for the upcoming 2023/24 racing season.
TAB NZ’s direct funding of racing is made up of a distribution payment to Racing New Zealand, the application of class 4 gaming proceeds to the Racing Authorised Purpose, [...]
DraftKings is raising its full year revenue guidance after seeing second quarter revenue increase by 88 per cent to $874.9 million.
The year-on-year growth was driven by a 44 per cent rise in monthly unique payers (MUPs) to 2.1 million, reflecting strong unique payer retention and acquisition across DraftKings’ Sportsbook and [...]
Denmark’s regulated gambling sector reported a 3 per cent rise in revenue to DKK1.74 billion (€233.5 million) in the second quarter of 2023.
Online casino was Denmark’s largest gambling sector by revenue in Q2, with a 6 per cent rise to DKK747.0 million.
Online slots accounted for 76 per cent of Denmark’s [...]
Caesars Entertainment generated net revenue of $2.88 billion in the second quarter of 2023, a rise of 2.1 per cent over the same period last year.
The company benefited from a 42.1 per cent increase in Digital net revenue to $216 million and a 0.5 per cent rise in Regional revenue [...]
Churchill Downs Incorporated (CDI) has confirmed that live racing will resume at its Churchill Downs Racetrack in September.
The company had temporarily suspended racing at its leading racetrack in June to conduct an internal safety review following a spike in injuries that resulted in the death of several horses.
Live racing will [...]
Germany’s states collected €614.6 million in gambling taxes in the second quarter of 2023, which was a 7 per cent decline on the previous year.
Lottery taxes increased by 1 per cent to €427.5 million and accounted for 70 per cent of quarterly gambling tax revenue.
But Germany’s other key gambling sectors [...]
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 [...]
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 [...]
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 [...]