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South Carolina set to consider mobile advance deposit wagering

South Carolina state senator Katrina Shealy has introduced legislation to license and regulate online advance deposit wagering.

The proposal aims to increase funding for the state’s equine industry, with license fee proceeds directed to a proposed Equine Industry Development Fund.

The bill would allow players in the state to place pari-mutuel wagers [...]

1 min read

BetMakers appoints Anna Massion to board of directors

Sydney-listed betting technology provider BetMakers has appointment Anna Massion to the board as an independent non-executive director. 

Massion is a highly experienced board member who currently holds directorships at a number of international gaming technology and investment companies, including non-executive director roles at Playtech, AGS and Artemis Strategic Investment Corp.

She previously [...]

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Brazil

Brazil’s Senate remains split ahead of second reading of gambling bill

Brazil's Senate is set to debate a second reading of the gambling bill that would legalise and regulate casinos, bingo halls, iGaming and Jogo de bicho.

The lower house approved the bill (PL 442/1991) on 24 February at its first reading and it will now be considered by Senators, many of [...]

1 min read
bet365

Online gaming growth drives bet365 full year revenue to £2.82bn

British online betting and gaming operator bet365 has reported a marginal increase in revenue to £2.82bn for the year ended 28 March 2021, despite the impact of Covid-19 on its results during the first half of the year.

Despite seeing the number of active customers increase by 13 per cent year-on-year, [...]

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Entain

Online growth takes Entain’s full year revenue to £3.89bn

London-listed betting and gaming giant Entain has reported a 7 per cent rise in net gaming revenue (NGR) to £3.89bn in 2021, benefiting from a ninth consecutive year of double-digit online growth.

Despite 2021 being another year disrupted by Covid-19 and temporary shop closures, Entain delivered strong underlying growth, with online [...]

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Oklahoma looks to regulate online advance deposit wagering on horse races

Lawmakers in Oklahoma are working to end the ambiguity surrounding advance deposit wagering (ADW) on interstate horse racing.

Under the proposal passed by the House Judiciary – Civil Committee on Tuesday (March 1), advance deposit wagering providers would be required to secure license approval from the Oklahoma Horse Racing Commission to [...]

1 min read

Virginia legislature votes to raise minimum age for historical racing wagering

People under the age of 21 will be prohibited from using any electronic gaming terminal or other electronic device in a satellite facility to bet on historical horse racing under a bill approved by lawmakers in Virginia.

The proposal amends the Code of Virginia to raise the minimum age for wagering [...]

1 min read
Flutter Entertainment

Flutter Entertainment widens loss despite strong revenue growth in 2021

London-listed betting and gaming operator Flutter Entertainment has reported group revenue of £6.04bn for 2021, with strong growth in sports offsetting flat gaming revenue.

Flutter’s full year revenue increased by 37 per cent year-on-year on a reported basis, with the company benefiting from a full year’s contribution from The Stars Group [...]

1 min read
BlueBet

BlueBet slips to first half loss as marketing costs triple

Sydney-listed online sports betting operator BlueBet Holdings has reported a 62 per cent increase in turnover to AUD$264.5m for the first half period ended 31 December 2021.

Turnover exceeded the company’s forecasts by 21 per cent as the operator continued to take market share in Australia and prepared to enter the [...]

1 min read

BetMakers revenue soars after integrating Sportech assets

Sydney-listed betting technology provider BetMakers has seen revenue soar by 473 per cent to AUD$43.5m in its fiscal first half ended 31 December 2021, benefiting from the integration of Racing and Digital assets acquired from Sportech.

The acquisition significantly expanded BetMakers’ operations in the United States, United Kingdom and Europe, with [...]

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ATG posts horse race betting and iGaming decline

Swedish betting and gaming operator AB Trav och Galopp (ATG) has reported a 2 per cent drop in net gaming revenue (NGR) to SEK5.26bn (€495.8m) in 2021.

Total NGR was negatively impacted by Covid-related restrictions and closures during the year, with Retail NGR declining 22 per cent to SEK965m. This was [...]

1 min read
PointsBet

PointsBet widens loss despite strong first half revenue growth

Sydney-listed betting and gaming operator PointsBet Holdings has reported an 85 per cent increase in revenue to AUD$139.1m (€89.2m) for the first half period ended 31 December 2021, although higher marketing expenses widened the company's net loss during the period.

Turnover from PointsBet’s Australian and US sports betting businesses increased by [...]

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