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Nevada gambling revenue rises 18% in January

Nevada’s gambling sector reported total revenue of $1.27bn in January, an increase of 18 per cent on the same month last year.

In a good start to 2023, slot machine revenue increased by 16 per cent to $847.5m. The multi denomination category of slots saw a 28 per cent rise in [...]

1 min read
PointsBet

PointsBet shares dip as first half loss widens to AUD$178.2m

Sydney-listed betting and gaming operator PointsBet has reported a 24 per cent increase in net win to $182.2m for the financial first half period ended 31 December 2022, although higher expenses widened the company’s loss for the period.

Sports betting turnover increased by 40 per cent to $3.23bn, with the US [...]

1 min read
BlueBet

Higher expenses push BlueBet into loss

Australian and US sports betting operator BlueBet Holdings has posted a loss of AUD$9.9m for the first half of its 2022/23 financial year after seeing net win decline by 5 per cent.

Turnover increased by 6 per cent to $280.5m during the six-month period ended 31 December, with active customers climbing [...]

1 min read

BetMakers reduces loss as revenue climbs to AUD$46.7m

Sydney-listed betting technology provider BetMakers has reported a 7.5 per cent increase in revenue to AUD$46.7m for the financial half-year period ended 31 December 2022.

The year-on-year growth was driven by a 21 per cent increase in revenue from the company’s Global Betting Services division to $21.7m, benefiting from the launch [...]

1 min read

Webis Holdings sees first half revenue decline to $6.2m

London-listed Webis Holdings has posted a 9 per cent fall in revenue to $6.2m for the half-year period ended 30 November 2022, with results negatively impacted by exceptionally adverse weather conditions.

The bulk of the company’s H1 total was derived from Racetracks, although revenue declined by 7 per cent at $5.1m, [...]

1 min read

Britain’s online gambling yield falls 2 per cent in final quarter of 2022

The latest gambling data from operators representing 80 per cent of the regulated market in Britain shows a 2 per cent fall in total online gross gambling yield to £1.2bn in the three months to the end of December 2022.

The year-on-year fall in gross gambling yield (GGY) came despite an [...]

1 min read

Racing Post survey highlights negative impact of affordability checks on bettors

A survey conducted by the Racing Post has found that more than half of horseracing bettors in the United Kingdom and Ireland have refused to comply with gambling affordability checks.

The survey of 10,400 respondents in the UK and Ireland found that 17 per cent of UK-based respondents and 13 per [...]

3 mins read

ATG revenue dips in 2022 despite online casino growth

Swedish betting and gaming operator AB Trav och Galopp (ATG) has reported a 1 per cent fall in full year net gaming revenue to SEK5.26bn in 2022, despite growth in sports betting and online casino.

Horse race betting continued to account for the bulk of ATG’s annual total, although net gaming [...]

1 min read
Churchill Downs

Churchill Downs Inc. posts record revenue and profit in 2022

Churchill Downs Incorporated (CDI) has reported a 13 per cent increase in net revenue to a record $1.81bn in 2022, buoyed by the first contributions from its acquisition of Peninsula Pacific Entertainment (P2E).

The record annual performance was driven by a strong finish to the year as Q4 net revenue climbed [...]

1 min read
Caesars Entertainment

Caesars full year revenue climbs 13% to $10.82bn

Caesars Entertainment has reported a 9 per cent increase in net revenue to $2.82bn for the final quarter of 2022, taking full year net revenue past $10.82bn.

The year-on-year improvement in Q4 was driven by continued growth in the Las Vegas segment as net revenue increased by 11 per cent to [...]

1 min read

William Hill replaces Betway as Grand National Festival sponsor

888-owned bookmaker William Hill has signed a deal to become the official betting partner of the Randox Grand National Festival.

The three-year agreement sees William Hill replace Betway as sponsor of the annual event at Aintree Racecourse, with the bookmaker also named sponsor of three ITV-televised races during the three-day Festival, [...]

2 mins read
Tabcorp

Tabcorp profit falls despite first half revenue growth

Sydney-listed betting and gaming operator Tabcorp Holdings has reported an 11 per cent increase in revenue to AUD$1.28bn for its financial half-year ended 31 December.

Wagering and Media revenue rose by 9 per cent year-on-year to $1.17bn, driven by the return of customers to retail venues post Covid lockdowns and retail [...]

1 min read
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