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Online drives Lottomatica revenue growth in first quarter

Italian betting and gaming operator Lottomatica Group has reported a 4 per cent increase in revenue to €440.1 million for the first quarter of 2024, driven by double-digit growth from its Online segment.

Excluding results from newly acquired SKS365, total wagers were up 20 per cent year-on-year at €8.73 billion, with [...]

1 min read
Northstar Bets

Northstar posts CAD$25.5 million loss in first full year of operations

Toronto-listed Northstar Gaming has posted a net loss of CAD$25.5 million for 2023 after seeing operating expenses increase by 59 per cent during the year.

In its first full year of operations, total wagers at Northstarbets.ca grew by 251 per cent to $648.8 million, generating gross gaming revenue of $22.5 million [...]

1 min read

Connecticut iGaming and sports wagers break $1.5 billion in March

Connecticut’s iGaming and sports wagers grew by 23 per cent to $1.53 billion in March, a new monthly record and breaking the $1.5 billion mark for the first time.

Online gaming accounted for $1.35 billion of total handle, a rise of 24 per cent year-on-year.

Online sports betting increased by 20 [...]

1 min read

Delasport enters Philippines with OKBET sportsbook deal

iGaming platform provider Delasport is entering the Philippines after agreeing a new sportsbook deal with locally licensed operator OKBET.

The agreement will see Delasport provide its platform technology to enhance the operator’s sports betting offering.

“I'm excited that OKBET and Delasports are joining forces to redefine the landscape of online sports [...]

2 mins read

LVXP plots new Las Vegas casino development

Real estate development company LVXP has announced plans for a new mixed-use development on the Las Vegas Strip.

The planned development will be located on the 27-acre site at 2601 South Las Vegas Boulevard, across from the Las Vegas Convention Center and adjacent to Fontainebleau Las Vegas.

It is expected to feature [...]

3 mins read
Deadwood, South Dakota

South Dakota gambling turnover falls 5% in March

South Dakota’s gambling turnover fell by 5 per cent to $127.2 million in March, although sports betting had its best month since launch.

Sports betting in South Dakota grew by 34 per cent to $1.2 million, marking only the third month with wagers above $1 million.

Basketball accounted for the majority of [...]

1 min read

Singapore Pools and UK Tote agree commingling pools deal

The UK Tote Group and Singapore Pools have entered into a new agreement to commingle pools on British racing.

The agreement sees both organisations combine liquidity with customers of Singapore Pools betting into the UK Tote’s pools on British racing meetings.

“We are delighted to collaborate with the UK Tote on this [...]

3 mins read
Caesars Entertainment

Caesars expands Board with Kim Harris Jones appointment

Caesars Entertainment has expanded its Board of Directors to ten members with the appointment of Kim Harris Jones.

Harris Jones currently serves as a board member of New York-listed companies including United Rentals, TrueBlue and Fossil Group.

She retired from American snack food company Mondelez International as senior vice president and corporate [...]

3 mins read

Japan sports wagering nears JPY8 trillion in 2023

Japan’s regulated sports wagering was just under JPY8 trillion (€48.40 billion) in 2023, up by 0.3 per cent on the previous year.

The annual growth for 2023 was the lowest in a decade but the total marked Japan’s highest betting handle in that time.

Total horse racing wagering was up by 0.3 [...]

1 min read

Uzbekistan to regulate online gambling in 2025

The central Asian state of Uzbekistan is ending its prohibition of online gambling and introducing a licensing regime in 2025.

Under a decree signed last week by President Shavkat Mirziyoyevmove, Uzbekistan will introduce a regulated market for online lotteries and games of chance on 1 January 2025.

The move is said to [...]

1 min read

Rhode Island reports $31 million in first month iGaming wagers

Rhode Island has reported $31.1 million in wagers for the first month of its regulated iGaming sector which began on 5 March 2024.

Bally’s Corporation is the monopoly operator of iGaming in the Ocean State and its Bally Casino Rhode Island iGaming platform allows customers to play slots and table games [...]

1 min read

Greece iGaming blacklist nears 8,000

Greece’s gambling regulator has expanded its blacklist of illegal online gambling sites with the addition of nearly 1,000 more domains.

The 40th update to the Hellenic Gaming Commission’s list of unlicensed gambling sites has seen 975 domains added in April, bringing the total number of blocked sites to more than 7,900.

The [...]

1 min read
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