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Flutter Entertainment

Flutter Entertainment shares slide as customer-friendly results hit margins

London-listed betting and gaming operator Flutter Entertainment has reported a 9 per cent increase in revenue to £1.44bn in the third quarter of 2021, boosted by a 13 per cent rise in average monthly players.

On a constant currency basis, revenue climbed by 12 per cent year-on-year, driven by continued strong [...]

1 min read

Strong Q3 for Nevada casinos as gaming win reaches $3.68bn

Nevada’s land-based casinos have reported a 59 per cent increase in total gaming win to $3.68bn for the third quarter of 2021, boosted by another strong performance in September.

The state’s regulated gambling market generated more than $1bn for the seventh consecutive month, with September gaming win climbing 41 per cent [...]

1 min read

BetMGM launches horse racing mobile app

US sports betting and iGaming operator BetMGM is entering the world of horse racing with the launch of the BetMGM Horse Racing mobile app in Ohio. 

BetMGM Horse Racing allows players in the state to watch and bet on horse races from more than 200 tracks around the world, providing daily [...]

2 mins read
Churchill Downs

Churchill Downs Incorporated posts record third quarter revenue

New York-listed gaming operator Churchill Downs Incorporated has reported a 16 per cent increase in third quarter net revenue to a record $393.0m, despite a decline from its horse racing and betting businesses.

The strong revenue performance was driven by the Gaming segment as net revenue increased by 39 per cent [...]

1 min read
Boyd Gaming

Boyd Gaming posts record third quarter revenue of $843.1m

New York-listed Boyd Gaming has reported a 29 per cent increase in revenue to a record $843.1m in the third quarter of 2021.

Continuing its recent recovery following the resumption of retail casino operations, revenue from the Las Vegas Locals segment increased by 35 per cent year-on-year to $231.3m, while [...]

1 min read

Problem gambling in Britain continues to decline

Efforts to promote safer gambling in Great Britain appearing to be paying off, with the latest research from the Gambling Commission showing a 50 per cent year-on-year decline in the overall problem gambling rate.

In the twelve-month period ended 30 September 2021, the overall problem gambling rate stood at 0.3 per [...]

1 min read
ATG

Sweden’s ATG hit by horse racing betting decline

Swedish betting and gaming operator AB Trav och Galopp (ATG) struggled for growth in the first nine months of 2021 following a decline in its core horse race betting offering.

With results skewed by Covid-related restrictions and closures in the comparable period last year, total net gaming revenue (NGR) remained at [...]

1 min read
Dublin, Ireland

Ireland outlines new regulatory framework for gambling

The government of Ireland plans to have a new national gambling regulator in place by 2023 to license and regulate online and land-based operators.

Having approved plans for a new regulator in 2019, the government has now outlined a general scheme for gambling regulation under the proposed authority, which will be [...]

1 min read

NYRA Bets gets green light in Michigan

The Michigan Gaming Control Board (MGCB) has issued a provisional horse race betting license to the New York Racing Association’s NYRA Bets brand.

Sports bettors in Michigan now can place pari-mutuel bets on live and simulcast horse races with the operator, the fourth to be awarded an advance deposit wagering (ADW) [...]

2 mins read

KSA begins licensing process for horse race betting in the Netherlands

Dutch gambling regulator Kansspelautoriteit (KSA) has opened a new licence application process to select the country’s sole horse race betting operator.

Horse race betting in the Netherlands requires a totalisator licence and has been operated by Sportech for the past five years, with the current licence set to expire on 30 [...]

1 min read

PlayUp goes live with New Jersey sportsbook

Australian and US online sports betting operator PlayUp has gone live in New Jersey after being granted a full operating license by the state's Division of Gaming Enforcement (DGE).

The New Jersey sports betting launch marks PlayUp's second US jurisdiction following its launch in Colorado in March.

PlayUp secured a market access deal in [...]

2 mins read
GAN

GAN agrees deal to power retail and online race & sportsbook in Nevada

New York-listed gaming technology supplier GAN has signed an agreement with Red Rock Resorts to power a new omnichannel betting offering for Station Casinos’ STN Sports.

The agreement includes mobile applications, retail over-the-counter, and kiosk-based sports betting throughout Nevada at Red Rock Resorts' portfolio of properties.

The race and sportsbook deal [...]

2 mins read
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