betconstruct - POPok

Sports News

Nevada gambling revenue climbs 3% in April

Gambling revenue in Nevada rose by 3 per cent to $1.16 billion in April, with the state’s sportsbooks enjoying strong year-on-year growth.

Total sports betting gross win in Nevada was up by 28 per cent in the month to $32.4 million, on wagers of $598.0 million, up by 3 per cent [...]

1 min read

Switzerland expands iGaming blacklist

Switzerland’s two gambling regulators have significantly expanded their blacklist of illegal gambling operators with nearly 200 new domains added.

The Swiss Gambling Supervisory Authority (GESPA) has added 35 sites to its blacklist for targeting Swiss players without a local licence, including dachbet.com, fruitychance.com, mystake.bet, olympusbet.com and palmslots.com.

Meanwhile, the country’s Federal Gaming [...]

1 min read

BetMakers cuts staff by 23% to streamline operational infrastructure

Sydney-listed sports betting technology provider BetMakers is looking to accelerate its path to profitability after restructuring its global operations and technology.

Over the past four months, the company has undergone a cost base reduction and global efficiencies program, which is expected to result in significant operating overhead reductions and savings across [...]

3 mins read

Betclic Everest drives growth for FL Entertainment in first quarter

Amsterdam-listed FL Entertainment has reported a 1 per cent increase in revenue to €900.2 million in the first quarter of 2023, buoyed by double-digit growth from its online sports betting and gaming business.

Revenue from the company’s core content production and distribution business fell by 3 per cent to €677.5 million [...]

1 min read

IBIA and members to establish Canadian athlete education program

The International Betting Integrity Association (IBIA) and three of its operator members have agreed to establish and fund a new athlete education program in Canada.

The IBIA, alongside bet365, Betway and FanDuel, have pledged to invest at least CAD$300,000 over three years in the program to address the potential threat to [...]

3 mins read

Entain in deferred prosecution talks with England’s CPS

Entain, the London-listed betting and gaming operator, is in negotiations with the Crown Prosecution Service (CPS) in England over an alleged breach of the Bribery Act.

The company is negotiating a deferred prosecution agreement with the (CPS) and working to resolve an ongoing investigation by HM Revenue & Customs (HMRC) into [...]

3 mins read

Solid start to 2023 for Sportech as sports handle grows 5%

London-listed sports betting provider Sportech remains on course to generate positive group EBITDA in 2023 after a solid start to the first four months of the year.

The company said that trading during the period had been in line with the Board's expectations, with total sports handle climbing 5 per cent [...]

1 min read

Betsafe extends Lithuanian Basketball Federation partnership

Betsson Group-owned iGaming brand Betsafe has extended its long-standing sponsorship deal with the Lithuanian Basketball Federation (LKF).

Betsafe will continue to support Lithuanian basketball as the main sponsor of the men’s national team, ahead of the FIBA Basketball World Cup, which takes place in Japan, Indonesia and the Philippines later this [...]

2 mins read

Intralot revenue falls 8% despite continued US growth

Athens-listed Intralot has posted an 8 per cent drop in revenue to €89.5 million in the first quarter of 2023, despite continuing growth from its operations in the United States.

Revenue from Licensed Operations declined 64.5 per cent versus a year ago, driven by a €21.5 million fall in revenue from [...]

1 min read
Rhode Island

Rhode Island sports handle drops 7% in April

Rhode Island’s sports handle dropped by 7 per cent to $37.5 million in April, caused by a strong decline in monthly retail betting.

Retail betting fell by 32 per cent to $10.0 million, with handle at the Twin River Casino down by 42 per cent to $5.8 million and down by [...]

1 min read

LeoVegas first quarter revenue declines 4%

MGM Resorts-owned online betting and gaming operator LeoVegas struggled for growth in the first quarter of 2023 as revenue decreased by 4 per cent to €95.0 million.

In the Nordic region, net gaming revenue (NGR) fell by 3 per cent year-on-year, as tough macroeconomic conditions and negative currency fluctuations impacted revenue [...]

1 min read

Sweden reports SEK6.6 billion in Q1 gambling revenue

Gambling revenue in Sweden was SEK6.6 billion (€570.4 million) in the first quarter of 2023, unchanged from the previous year.

Commercial iGaming was the largest gambling sector in Sweden with revenue of SEK4.2 billion, although this was 1 per cent lower than the first quarter of 2022.

Sweden gambling revenue comparison: Q1 [...]

1 min read
Page 2 of 440
BRAGG Gaming