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Tabcorp

Lottery drives Tabcorp first half revenue growth

Australian betting and lottery giant Tabcorp Holdings has reported a 2 per cent increase in revenue to AUD$2.93bn for the first half of its 2021/22 financial year.

Tabcorp benefited from a strong performance from its Lotteries & Keno segment as revenue increased by 11 per cent to $1.78bn in the six [...]

1 min read
Churchill Downs

Churchill Downs promotes Nate Simon to CTO

New York-listed gaming operator Churchill Downs Incorporated (CDI) has named Nate Simon as senior vice president and chief technology officer.

Simon has over 20 years' of technology and organisational leadership experience and joined CDI in 2011 as vice president of operations for the company’s United Tote division, before being promoted to [...]

2 mins read

DRF Bets steps into Formula 1 with Alfa Romeo

US horse racing and sports betting provider DRF Bets has agreed a partnership with Alfa Romeo F1 Team ORLEN.

The agreement will see Affinity Interactive’s DRF Sports brand feature on the Alfa Romeo cars throughout the 2022 season, which begins in March and introduces Miami, Florida, as a second host city [...]

2 mins read

New Jersey gaming market grows 10% despite January sports decline

New Jersey’s regulated betting and gaming market got off to a strong start in January 2022 as total gaming revenue increased by 10 per cent year-on-year to $381.7m.

The biggest growth in January came from the iGaming sector as internet gaming win rose 33 per cent versus a year ago to [...]

1 min read

Record numbers flock back to US casinos as 2021 surpasses all revenue records

The US commercial gaming industry achieved a record-breaking $53bn in revenue during 2021, surpassing Covid-affected 2020 by $23bn and even breaking 2019’s record year by 21 per cent.

American Gaming Association (AGA) figures revealed combined sports betting and iGaming revenue for the year shooting up 158 per cent to $8bn, a [...]

1 min read

Singapore introduces bill to establish single gambling regulator

Lawmakers in Singapore have introduced new legislation to establish the Gambling Regulatory Authority (GRA) as the single regulator for all forms of gambling in the country.

Introduced for First Reading in Parliament on Monday, the Gambling Regulatory Authority of Singapore Bill (GRA Bill) expands the mandate of the Casino Regulatory Authority [...]

1 min read
Churchill Downs

Churchill Downs announces retirement of SVP of gaming operations

New York-listed Churchill Downs Incorporated has announced the retirement of Austin Miller after eight years as senior vice president of gaming operations, with Maureen Adams promoted to the role.

Miller’s 15-year tenure with CDI started as president of Fair Grounds Race Course & Slots in New Orleans, Louisiana. In 2010, Miller was [...]

1 min read
MGM Resorts

MGM Resorts closes in on $10bn revenue mark in 2021

New York-listed casino and sportsbook operator MGM Resorts International has seen consolidated net revenue more than double to $3.1bn during the final quarter of 2021, helping full year revenue climb 88 per cent to $9.7bn.

The company benefited from the removal of mandated operational and capacity restrictions in Q4, as well [...]

1 min read

Sportsbet fined in Australia for spam marketing messages

Flutter Entertainment’s Australian sports betting brand Sportsbet has been handed a AUD$2.5m penalty for breaching Australian spam laws with its text and email marketing messages.

Alongside the penalty from the Australian Communications and Media Authority (ACMA), Sportsbet has also agreed to refund approximately $1.2m to consumers who lost money on bets [...]

1 min read

Oregon bill seeks to criminalise betting on greyhound races

The Oregon legislature will hold a public hearing today to consider a proposal to outlaw betting on greyhound races.

The proposal by Senator Peter Courtney would prohibit betting on greyhound races, regardless of the state or country in which the race takes place, with unlawful greyhound betting classified as a Class [...]

1 min read

NIESR aims to model cost of gambling harm in Britain

Britain’s Gambling Commission has commissioned the National Institute of Economic and Social Research (NIESR) to measure the cost of gambling harm.

The research will be funded by penalties imposed on operators by the Gambling Commission and aims to uncover the cost of gambling-related harms for individuals, communities and the wider society, [...]

1 min read
Penn National Gaming

Penn National swings to profit in 2021 as Interactive contribution grows

New York-listed racing and gaming operator Penn National Gaming has reported a 65 per cent increase in total revenue to $5.91bn in 2021, including $432.9m from its growing Interactive division.

The operator benefited from strong year-on-year growth during the final quarter of 2021, as revenue increased by 53 per cent to [...]

1 min read
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