Sydney-listed gaming operator Tabcorp Holdings has reported a 9 per cent increase in revenue to AUD$5.69bn for the fiscal year ended 30 June.
The company's Lotteries & Keno segment saw revenue increase by 10 per cent year-on-year to $3.21bn, while revenue from Wagering & Media grew by the same percentage to [...]
Sydney-listed betting and gaming operator PointsBet Holdings has rolled out its online sportsbook in West Virginia.
Having received regulatory approval from the West Virginia Lottery Commission, the PointsBet sportsbook is now live in its seventh US state, adding to its existing operations in New Jersey, Iowa, Indiana, Illinois, Colorado, and Michigan.
PointsBet [...]
London-listed betting and gaming operator Entain enjoyed a strong performance during the first half of 2021 as net gaming revenue (NGR) rose by 11 per cent to £1.79bn.
Buoyed by its 22nd consecutive quarter of double-digit online growth, total online NGR was up 28 per cent at £1.59bn in the first [...]
Veterinarian Kristian Rhein and leading trainer Jorge Navarro have pled guilty to distributing and administering unregulated substances in order to enhance the performance of racehorses under their care.
Navarro pled guilty before U.S. District Judge Mary Kay Vyskocil in New York on Wednesday, with Rhein having pled guilty a week earlier.
The [...]
Britain’s online betting and gaming market declined for the second consecutive month as total gross gambling yield (GGY) fell by 7 per cent sequentially to £496.1m in June.
The latest data from the Gambling Commission reveals that total bets placed fell by 10 per cent month-on-month to 6.2bn, while total active [...]
Sydney-listed betting and gaming operator PointsBet has appointed Aonghus Mulvihill as vice president of global sportsbook trading.
Mulvihill will report to PointsBet group chief operating officer Mark Hughes and brings 15 years of international sports betting experience to the role, having previously served as commercial director of Flutter-owned Betfair International Sports.
Prior [...]
London-listed betting and gaming operator Flutter Entertainment has seen group revenue double to £3.05bn during the first half of 2021, buoyed by a strong performance from its online sports betting product.
Revenue soared by 99 per cent following the acquisition of The Stars Group (TSG) last year, with the 2020 comparative [...]
July proved to be a struggle for many of the leading publicly-listed gaming operators and suppliers as the combined value of the shares on the Gaming Intelligence Stock List fell by more than 4 per cent by the end of the month.
After a solid first quarter of the year, followed [...]
New Jersey has become the first US state to legalise fixed odds betting on horseracing after Governor Phil Murphy signed legislation into law Thursday.
The bill allows the New Jersey Sports and Exposition Authority or a racetrack permit holder to apply for a license to operate a fixed odds wagering system [...]
Nevada casinos generated total gaming win of $1.19bn during the month of June.
Marking the fourth consecutive month that the state’s regulated gambling market generated more than $1bn, gaming win soared by 110.5 per cent compared to the same month last year, which was negatively impacted by Covid-19 restrictions.
Gaming win fell [...]
New York-listed racing and gaming operator Churchill Downs Incorporated (CDI) has reported a 178 per cent increase in net revenue to a record $515.1m in the second quarter of 2021.
After the comparable period last year was negatively impacted by the Covid-19 pandemic, CDI enjoyed strong performances across its land-based racing [...]
Gambling participation in Great Britain has fallen to its lowest level in five years according to the latest data from the Gambling Commission.
Overall participation in any gambling activity in the last four weeks fell to 41.6 per cent of respondents in June 2021, compared to 45.1 per cent in June [...]