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Entain

Entain shares dip on slower Q3 revenue growth

London-listed betting and gaming operator Entain said Monday that it expects full year EBITDA to surpass £1.0 billion, despite seeing softer than expected revenue growth during the third quarter of 2023.

In a trading update for the period 1 July to 22 September, Entain revealed that online net gaming revenue (NGR) [...]

1 min read

Caesars regains market lead in Washington DC

Sports wagers in Washington DC dropped by 38 per cent to $8.1 million in August, with the leading licensees reporting falls in handle.

For the first time in five months, Caesars was again the narrow market leader, although its handle declined by 46 per cent to $3.0 million.

GambetDC, the lottery’s betting [...]

1 min read

Condor Gaming expands footprint with Irish licence approval

Malta-based iGaming operator Condor Gaming has been granted approval to launch its online sportsbook services in Ireland.

The Remote Bookmakers License from the Gambling Regulatory Authority of Ireland (GRAI) enables Condor to expand its offering into Ireland for the first time.

“We are proud of this accomplishment and excited about the opportunities [...]

1 min read
BetMGM

BetMGM partners Kindbridge to support problem gamblers in Colorado

BetMGM has entered into a partnership with Kindbridge Behavioral Health to develop a new mental health access program for problem gamblers in Colorado.

The first-of-its-kind partnership will provide self-excluded BetMGM players in the state with direct access to comprehensive mental health assessments and group support services to begin their journey to [...]

2 mins read
New Hampshire

New Hampshire sports betting falls by 11% in August

New Hampshire’s sports betting fell by 11 per cent to $38.8 million in August, with rising mobile wagers unable to offset declines in retail bets.

Mobile wagers increased by 6 per cent to $34.8 million, but retail betting fell by 62 per cent to $4.0 million.

New Hampshire’s gross win decreased by [...]

1 min read

Arkansas reports gambling revenue of $55 million in August

Gambling revenue at Arkansas’s three land-based casinos grew by 11 per cent to $55.3 million in August.

Land-based gaming accounted for the majority of revenue and was 9 per cent higher at $53.6 million, of which slot machines accounted for $47.5 million, up by 10 per cent, and table gaming was [...]

1 min read

Police bust illegal online gambling business in Switzerland

Authorities in Switzerland have broken up an illegal online gambling business that served players across the country.

Five individuals were arrested at their homes on Thursday by police in the cantons of Zurich and Aargau and have been ordered to be held in pre-trial detention.

They face charges of illegal commercial gambling [...]

1 min read

Kentucky prepares for online wagering as retail bets exceed $4.5 million

Kentucky’s retail sports betting market recorded over $4.5 million in wagers during the first two weeks since launch on September 7.

The preliminary numbers for in-person sports betting were revealed Thursday by Kentucky Governor Andy Beshear, ahead of next week’s launch of online sports betting in the state.

“This is a strong [...]

1 min read

Mississippi reports sports wagers of $21 million in August

Sports wagers in Mississippi were up by 1 per cent to $21.4 million in August, and wagers for 2023 so far have now passed $260 million.

Baseball accounted for 48 per cent of Mississippi’s wagers at $10.3 million, although wagers were 8 per cent lower than the previous year.

Parlay bets increased [...]

1 min read

Hungary unveils first iGaming blacklist of illegal operators

Hungary’s gambling regulator SZTFH has published its first blacklist of illegal online gambling operators and it features some of the industry’s leading brands.

The first iGaming blacklist from SZTFH (Szabályozott Tevékenységek Felügyeleti Hatóságának) includes over 300 domains, although a number of these sites feature multiple times.

The biggest names on the blacklist [...]

1 min read

Michigan posts iGaming revenue of $152 million in August

Michigan posted a 16 per cent rise in iGaming revenue to $152.2 million in August, as both FanDuel and DraftKings increased their market share.

BetMGM remained Michigan’s iGaming market leader with revenue of $44.0 million, but its share dropped from 38 per cent to 29 per cent year-on-year.

FanDuel increased its monthly [...]

1 min read

Bally’s adds compliance and global responsibility roles to leadership team

Bally's Corporation has brought in experienced gaming executives Don Westcott and Tammi Barlow to support the company’s ongoing commitment to compliance and global responsibility.

Westcott joins Bally’s as senior vice president and global chief compliance officer, bringing more than 25 years of experience from the financial technology and gaming industries.

Most recently, [...]

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