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Colorado

Colorado sportsbooks collect wagers of $301m in March

Colorado’s regulated sports betting market returned to growth in March as total wagers from online and retail betting reached $301.0m.

Total wagers were up 13 per cent compared to the previous month, but below January’s record $326.9m.

Online betting continued to account for the majority of activity, with 98 per cent of [...]

1 min read
Playtech

Playtech debuts IMS platform in Michigan with Parx Interactive

London-listed gaming technology supplier Playtech has launched its IMS platform in the United States for the first time with Gun Lake Casino and Parx Interactive in Michigan.

The newly launched Play Gun Lake iGaming app is powered by Playtech's IMS platform and player account management (PAM) system and features Playtech’s proprietary [...]

2 mins read
Kambi

Kambi posts strong revenue and profit growth in first quarter

Stockholm-listed sports betting supplier Kambi has recorded a 55 per cent increase in first quarter revenue to €43.2m, helping to deliver a 216 per cent rise in net profit for the period.

The supplier benefited from its continued US expansion with launches across a number of jurisdictions including Michigan, Illinois, Virginia [...]

1 min read
888 Holdings

888 posts record first quarter revenue of $272.5m

London-listed gaming operator 888 Holdings has enjoyed a strong start to the year as total revenue increased by 66 per cent to a record US$272.5m in the first quarter of 2021.

The first quarter performance was ahead of board expectations, with growth driven by regulated and taxed markets which contributed 76 [...]

1 min read

Oregon Lottery generates $88.6m in Q1 sports betting handle

The Oregon Lottery’s online sports betting operation continued to decline into March as turnover fell to $24.1m during the month.

Turnover from the DraftKings-powered Scoreboard declined by 19 per cent compared to the previous month, with gross gaming revenue (GGR) falling by 48 per cent to $1.4m.

Oregon Sports Betting: Q1 2021 [...]

1 min read
Kindred Group

Kindred Group posts strong profit growth in Q1 2021

Kindred Group grew underlying EBITDA by more than 100 per cent in the first quarter of 2021 as gross winnings revenue climbed by 41 per cent compared to the same period last year.

Gross winnings revenue rose to £352.5m in Q1 from £249.7m a year ago, as the number of active [...]

1 min read
Sportradar

Sportradar signs integrity deal with West Asian Football Federation

Sports data and technology provider Sportradar has signed a new integrity services deal with the West Asian Football Federation (WAFF).

This will see WAFF undertake a series of educational workshops to uphold and protect the integrity of regional competitions, with Sportradar Integrity Services’ Education & Prevention team providing material to help [...]

2 mins read
DraftKings

DraftKings seals new sports content deal with Meadowlark Media

New York-listed sports betting and fantasy sports operator DraftKings has broadened its sports entertainment footprint through a new distribution and content deal with Meadowlark Media.

The monetization and sponsorship agreement will see Meadowlark and DraftKings distribute The Dan Le Batard Show with Stugotz and Le Batard & Friends Network across a [...]

1 min read
Unibet

Unibet launches Watch&Bet live streaming player

Stockholm-listed online betting and gaming operator Kindred Group has launched a new bet-overlay live streaming service for its Unibet brand.

Initially available on Unibet’s iOS sports betting app, the new Watch&Bet feature will enable Unibet customers to place bets while watching the sports streams through a live-odds overlay.

The product will be [...]

2 mins read
LeoVegas

LeoVegas fined SEK2m for Swedish customer due diligence failures

Swedish gambling regulator Spelinspektionen has issued LeoVegas with a warning and a SEK2m penalty fee for breaching certain due diligence routines with respect to its Swedish customers.

The decision relates to shortcomings in the operator’s anti-money laundering policies in 2019, the first year of Sweden's regulated iGaming market.

Under Swedish regulations, licensees [...]

1 min read
ATG

Sweden’s ATG sees Q1 revenue grow to SEK1.5bn

Swedish betting and gaming operator AB Trav och Galopp (ATG) has reported a 11 per cent increase in total revenue to SEK1.5bn for the first quarter of 2021.

The operator said that the positive trend seen in 2020 continued into Q1, with the year-on-year revenue growth a result of restrictions implemented [...]

1 min read

Connecticut Lottery sees strong interest from sports betting suppliers

The Connecticut Lottery Corporation is inviting qualified sports betting suppliers to make presentations after receiving 15 responses to its Request for Qualifications.

The lottery launched the RFQ on April 12 after Governor Ned Lamont agreed a gaming modernisation program with the Mashantucket Pequot Tribe and Mohegan Tribe, allowing them to expand [...]

1 min read
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