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Nevada gambling revenue climbs to $1.31bn in December

Nevada’s gambling market ended 2022 on a high note as total gaming revenue increased by 14 per cent to $1.31bn.

December marked the 22nd consecutive month in which the state’s casinos reported at least $1bn in gaming revenue.

Slot machines revenue grew by 2 per cent year-on-year to $803.5m in December, with [...]

1 min read
Munich, Germany

German states collect over €2.5bn in gambling taxes

Germany’s 16 federal states collected €2.57bn in gambling taxes in 2022, a 10 per cent increase on the previous year.

Lottery tax was the largest contributor to state coffers, with €1.67bn collected (65 per cent share), but its annual growth was only 1 per cent.

2022 marked the first full year of [...]

1 min read

Davey assumes leadership of BetMakers as executive chair

Sydney-listed BetMakers Technology Group has restructured its management team with the appointment of Matt Davey as president and executive chairman.

Davey, a former board member of BetMakers and a seasoned gaming industry executive, assumes leadership of the company with immediate effect, with former chief executive Todd Buckingham moving over to the [...]

4 mins read
PointsBet

PointsBet posts record second quarter as net win surpasses AUD$100m

Sydney-listed betting and gaming operator PointsBet has reported record results in the fiscal second quarter ended 31 December, with total net win increasing 34 per cent to AUD$103.4m.

The strong quarterly performance comprised net win of $88.2m from sports betting and $15.2m from iGaming, with Australia remaining PointsBet’s biggest market with [...]

1 min read

Danish iGaming revenue climbs to record high in Q4 2022

Denmark’s gambling sector closed 2022 with revenue down by 3 per cent in December at DKK541.2m (€72.8m), although fourth quarter revenue climbed 3.5 per cent to DKK1.7bn.

Online casino had its best month of 2022 in December with revenue growing by 3 per cent to DKK272.3m, helping the sector to its [...]

1 min read
Paul Scully MP

Gambling whitepaper only the start of reform process says MP

Gambling Minister Paul Scully has told industry stakeholders that the much-anticipated Government whitepaper on gambling reform in the UK is only the first step towards a world leading gambling policy.

Speaking at the annual meeting of Britain’s Betting and Gaming Council on Thursday (Jan. 26), Scully noted that the millions of [...]

5 mins read
BlueBet

Solid Q2 for BlueBet as turnover climbs to AUD$147.7m

Australian and US sports betting operator BlueBet Holdings has reported solid growth for its financial second quarter ended 31 December, as turnover rose 7 per cent to AUD$147.7m.

The turnover growth was driven by the FIFA World Cup and effective US sport promotions, while BlueBet continued to gain market share in [...]

1 min read
Sweden flag

Leading operators reveal responsible gambling interactions in Sweden

Leading Swedish gaming operators ATG, Kindred Group and Svenska Spel have published figures regarding their responsible gambling interactions with customers in Sweden.

Kindred Group’s figures show that 0.5 per cent of customers were contacted as a result of suspected problem gambling in the final six months of 2022 and demonstrate the [...]

1 min read

Nevada casinos recover from pandemic as net income reaches $4bn in FY22

Nevada’s land-based casinos recovered strongly from the pandemic downturn and generated net income of $4.13bn in the fiscal year to 30 June 2022, according to the latest Nevada Gaming Abstract released by the state’s Gaming Control Board.

The Nevada Gaming Abstract brings together the financial information for gaming licensees which have [...]

1 min read
Indiana Capitol

Indiana bill introduced to allow iLottery and interactive gaming

Representative Ethan Manning has introduced a bill to allow online gaming and online lottery sales in Indiana.

Manning’s proposal would allow the Indiana Lottery to sell draw games and digital representations of scratch-off games over the Internet, while the state’s licensed riverboat and racetrack operators would be permitted to offer internet [...]

1 min read

Racecourse Media Group names Conor Grant as incoming chairman

Racecourse Media Group (RMG) has named experienced gambling industry executive Conor Grant as its new incoming chairman.

Grant will initially join RMG as a non-executive director on 1 April before succeeding Roger Lewis as chairman on 1 October.

Grant is an enthusiastic racehorse owner and brings 24 years of experience from the [...]

3 mins read

Inspired Entertainment promotes Brooks Pierce to CEO

New York-listed gaming and virtual sports supplier Inspired Entertainment has made changes to its senior leadership team with Brooks Pierce named president and CEO, and chief strategy officer Daniel Silvers stepping down.

Pierce has been with the company since May 2018 and previously served as president and chief operating officer.

In addition [...]

2 mins read
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