Entain-backed sports data provider Racing and Sports Technology Holdings (RTH) has reported first half revenue of AUD$4.3m in its maiden results as a publicly-listed company.
Revenue for the six-month period ended 31 December 2021 increased by 90 per cent compared to the same period in 2020, with 51 per cent of [...]
Playtech chief executive Mor Weizer and former director Tom Hall have expressed an interest in participating in the bid to acquire the London-listed gaming technology supplier.
Weizer and Hall have approached TTB Partners with their interest in participating in the investor group that is considering a potential offer for Playtech, which [...]
Connecticut’s House Public Safety and Security Committee has proposed an amendment to the state’s General Statutes to expand advance deposit wagering (ADW) opportunities.
The amendment was introduced on Thursday (Feb. 17) and referred to the Joint Committee on Public Safety and Security, which will hold a public hearing on the proposal [...]
Lawmakers in West Virginia are hoping to expand the state’s sports betting market with the addition of eSports as a qualified sporting event.
West Virginia adopted sports betting regulations in June 2018 and launched its regulated market in September of that year.
There are currently five licensed sports betting operators in the [...]
Stockholm-listed gaming supplier Aspire Global is entering the eSports sector after agreeing a deal to provide its platform to WIN Group’s Winners.bet.
Aspire will provide its full platform solution to the eSports betting operator, including casino games and sports betting through its BtoBet sportsbook, with Winners.bet to be migrated from BetConstruct [...]
Digital sports media specialist DAZN Group has secured new financing arrangements with its principal shareholder Access Industries.
The recapitalization has seen Access subscribe for $4.3bn in new shares of the group’s topco, DAZN Group, converting existing preference shares and retiring shareholder loans.
Access has additionally subscribed for a further $250m of new [...]
Pennsylvania’s regulated betting and gaming market grew by 26 per cent in January 2022, buoyed by a record monthly performance from iGaming.
Total gaming revenue rose to $393.1m in January, as iGaming revenue increased by 35 per cent year-on-year to a record $108.3m, offsetting a 5 per cent decline in sports [...]
New York-listed International Game Technology (IGT) has agreed a deal to supply its PlaySports technology and trading advisory services to the Kalispel Tribe’s soon-to-open retail sportsbook in Washington State.
The multi-year agreement will mark IGT’s second deployment with the Kalispel Tribe following the launch of the Turf Club Sportsbook at Northern [...]
New York-listed betting and gaming operator DraftKings has posted a net loss of $1.5bn for 2021, despite seeing full year revenue more than double to $1.3bn.
DraftKings benefited from a strong finish to the year as Q4 revenue increased by 47 per cent versus a year ago to $473m, with revenue [...]
The size of the gambling black market in the UK has more than doubled in just two years, from 220,000 users of unlicensed sites to 460,000, according to new research from PricewaterhouseCoopers (PwC) and the Betting & Gaming Council (BGC).
The PwC report compares the size of the UK’s black market [...]
Louisiana’s newly regulated retail sports betting market hit a new monthly high in January 2022 as total wagers reached $49.3m.
In the third full month of operations since retail sportsbooks opened on October 31, January wagers increased by 25 per cent month-on-month.
This generated combined net proceeds of $5.3m across the 11 [...]
Britain’s regulated online gambling market contracted by nearly a third in December 2021, according to new data released by the Gambling Commission.
The latest operator data on gambling behaviour amid the easing of lockdown measures across Great Britain shows that online gross gaming yield (GGY) fell by 31 per cent year-on-year [...]