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 [...]
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 [...]
Nevada’s regulated gambling market saw total gaming win increase 42 per cent to $1.08bn in January 2022, despite licensed casinos posting a decline in sports betting during the month.
After a record performance last year, the state’s regulated gambling market enjoyed a strong start to 2022 as casinos generated more than [...]
New York-listed gaming operator Churchill Downs Incorporated (CDI) has reported a 52 per cent increase in net revenue to a record $1.6bn in 2021, including $433.1m from its TwinSpires horse racing and betting business.
After a record performance in the third quarter, CDI saw continued growth in Q4 as revenue increased [...]
The UK gambling sector is slowly turning around negative perceptions of the industry, according to new figures released by the Gambling Commission on Tuesday.
The proportion of gamblers who agree that gambling is conducted fairly and can be trusted has significantly increased from 32 per cent to 36 per cent, while [...]
Caesars Entertainment has reported a 167 per cent increase in revenue to $9.57bn in 2021, buoyed by its growing sports betting and iGaming business.
The company enjoyed a strong finish to the year as Q4 revenue increased by 62.5 per cent year-on-year to $2.6bn, partly due to weaker comparables last year [...]
New York-listed Churchill Downs Incorporated has agreed a $2.49bn deal to acquire substantially all of the assets of Peninsula Pacific Entertainment (P2E), which owns the del Lago Resort & Casino in New York and various racing and gaming assets in Virginia and Iowa.
The definitive purchase agreement will see CDI acquire [...]
The Kentucky Horse Racing Commission has named American thoroughbred Mandaloun as the winner of last year’s Kentucky Derby after disqualifying original winner Medina Spirit for the use of a banned substance.
Stewards at the Kentucky Horse Racing Commission (KHRC) announced their decision Monday, nine months after the 2021 Kentucky Derby in [...]
Entain-backed sports data provider Racing and Sports Technology Holdings (RTH) has reported first half revenue of AUD$4.3m in its maiden results as a publicly-listed company.
Revenue for the six-month period ended 31 December 2021 increased by 90 per cent compared to the same period in 2020, with 51 per cent of [...]
Connecticut’s House Public Safety and Security Committee has proposed an amendment to the state’s General Statutes to expand advance deposit wagering (ADW) opportunities.
The amendment was introduced on Thursday (Feb. 17) and referred to the Joint Committee on Public Safety and Security, which will hold a public hearing on the proposal [...]
The size of the gambling black market in the UK has more than doubled in just two years, from 220,000 users of unlicensed sites to 460,000, according to new research from PricewaterhouseCoopers (PwC) and the Betting & Gaming Council (BGC).
The PwC report compares the size of the UK’s black market [...]
Britain’s regulated online gambling market contracted by nearly a third in December 2021, according to new data released by the Gambling Commission.
The latest operator data on gambling behaviour amid the easing of lockdown measures across Great Britain shows that online gross gaming yield (GGY) fell by 31 per cent year-on-year [...]