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BetMakers ready to take MonmouthBets online in New Jersey

Sydney-listed BetMakers Technology Group is powering the launch of a new fixed odds horse racing betting offering in New Jersey for leading racetrack Monmouth Park.

Approved by the New Jersey Division of Gaming Enforcement, MonmouthBets is set to take wagers from customers ahead of Monmouth Park’s opening day on Saturday (13 [...]

1 min read

Affiliation marketing drives Raketech’s Q1 growth

Stockholm-listed gaming affiliate Raketech has reported a 24 per cent increase in revenue to €15.8 million for the first quarter of 2023, with growth driven by strong performances within affiliation and sub-affiliation marketing.

The company said that its core portfolio of affiliation marketing assets delivered exceptional results from the Rest of [...]

1 min read

SuperBook makes retail sportsbook debut in Maryland

Las Vegas-based SuperBook Sports is expanding its presence in Maryland through the opening of its first retail sportsbook in the state.

After launching online in Maryland last month, the operator is set for the grand opening of its Superbook Bar & Restaurant at Oriole Park at Camden Yards later today, home [...]

2 mins read
Maryland

Maryland reports $328 million in April sports handle

Maryland reported $328.5 million in sports handle in April, with mobile betting accounting for 95 per cent of the monthly total.

SuperBook launched online in Maryland on 13 April, meaning that there were nine mobile operators and 10 retail licensees active during the month. SuperBook earned handle of $530,379 in its [...]

1 min read

Kambi strengthens LatAm commercial team

Sportsbook technology provider Kambi has strengthened its commercial team with the appointment of Camilo Millon as sales director LatAm.

Millon will oversee the supplier’s commercial expansion throughout the Latin America region and most recently served as head of sales for LatAm and Spain at virtual sports specialist Kiron Interactive.

“We are delighted [...]

2 mins read
Brazil

Brazil fast-tracks sports betting regulation

Brazil will regulate sports betting under a Provisional Measure introduced Thursday by the ministries of planning, management, health, tourism and sport.

The Provisional Measure will establish a secretariat within the ministry of finance that will be responsible for evaluating and authorising sports betting operators in Brazil and regulating the market to [...]

1 min read

Codere Online shares soar as Q1 revenue tops €39.5 million

New York-listed Codere Online has enjoyed a strong start to the year as net gaming revenue increased by 55 per cent to €39.5 million in the first quarter of 2023.

The year-on-year growth was driven by strong performances in Mexico and Spain, with revenue up 75 per cent and 40 per [...]

1 min read

Swedish court clarifies turnover concept for regulator’s penalty fees

Swedish gambling regulator Spelinspektionen has been ordered to re-examine the way it imposes penalty fees to operators after a ruling by Sweden’s Supreme Administrative Court.

In its judgment on a case involving operator Genesis Global and Spelinspektionen concerning warnings and penalties issued under the country’s Gambling Act, the Court noted that [...]

1 min read
NeoGames

NeoGames sees strong revenue growth continue into first quarter

New York-listed lottery and gaming supplier NeoGames has seen revenue soar by 187 per cent to $64.3 million in the first quarter of 2023, buoyed by its acquisition of Aspire Global and share of NeoPollard Interactive (NPI) revenue.

In a strong start to the year, iLottery revenue grew by 9 per [...]

1 min read
Oslo Norway

Norwegian gambling regulator calls for cut in Norsk Tipping advertising

The Norwegian Gaming Authority is recommending that state-owned operator Norsk Tipping reduce its marketing expenditure by 20 per cent this year.

The recommendation follows the authority’s recent successful efforts to clamp down on advertising by unlicensed online gambling operators, which in turn reduces the need to promote the country’s gambling monopoly.

“We [...]

1 min read

Inspired Entertainment shares climb on strong Q1 results

New York-listed gaming supplier Inspired Entertainment has reported a 9 per cent increase in revenue to $66.0 million for the first quarter of 2023, driven by growth in its Gaming, Virtual Sports and Interactive segments.

Gaming revenue increased by 14 per cent to $27.4 million compared to a year ago, which [...]

1 min read
Detroit, Michigan

Michigan commercial casino revenue down 8% in April

Michigan’s three commercial casinos posted revenue of $109.7 million in April, which was a year-on-year decline of 8 per cent.

Land-based gaming’s adjusted gross revenue was 6 per cent lower at $109.6 million, whilst retail sports betting revenue fell by 94 per cent to $120,350 on wagers of $15.3 million.

The MGM [...]

1 min read
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