Caesars Entertainment has reported a 20.9 per cent increase in revenue to $2.92bn for the first quarter of 2022, despite a weak performance by Caesars Digital.
Caesars’ Las Vegas segment grew revenue by 83.9 per cent to $914m, while the Regional segment saw revenue climb 13.5 per cent year-on-year to $1.36bn. [...]
New York-listed MGM Resorts International has reported a 73 per cent increase in revenue to $2.85bn for the first quarter of 2022, with growth driven by the inclusion of the operating results of Aria and Vdara following their consolidation in September 2021.
Results improved versus the first quarter of 2021 when [...]
Nevada’s regulated gambling market saw total gaming win increase by 27 per cent to $1.36bn in March 2022, just below the record monthly high set last July.
The strong growth in March marks the 13th consecutive month that the state’s casinos generated more than $1bn in gaming win.
Slot Machines continued to [...]
London-listed betting and gaming operator Flutter Entertainment has strengthened its board of directors with the appointment of former Eir chief executive Carolan Lennon.
Lennon will take on the non-executive role from 1 July, when she takes up a new role as Country Leader at Salesforce Ireland.
She mostly recently served as CEO [...]
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. [...]