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North Carolina brings in sports betting expertise ahead of market launch

The North Carolina State Lottery Commission has established a new department to lead its sports betting program with the appointment of Sterl Carpenter.

Carpenter joins the Commission on August 2 as deputy executive director of gaming compliance and sports betting, assuming responsibility for developing, implementing and managing a compliance framework for [...]

2 mins read

bet-at-home.com posts 9% drop in first half revenue

Frankfurt-listed bet-at-home.com has reported a 9 per cent fall in gross betting and gaming revenue to €24.2 million for the first six months of 2023.

The year-on-year decline was primarily attributed to the company’s core German market, as well as a weaker than expected performance from its online gaming offering.

bet-at-home reduced [...]

1 min read

China lottery sales grow by 52% in June

Sales of China’s state lotteries grew by 52 per cent to RMB48.7 billion (€6.2 billion) in June, boosted by a strong performance from instant win games.

Sales of the lotteries’ instant win games doubled to RMB10.8 billion, with the Welfare Lottery contributing RMB5.6 billion and the Sports Lottery RMB5.3 billion.

Total sales [...]

1 min read

Betr launches fantasy sports offering in the US

Betr Holdings has launched a new fantasy sports game to complement its online sports betting operations in the United States.

Betr Picks is now available to play in the Betr Fantasy & Sportsbook app in 24 jurisdictions in the United States and offers a differentiated pick 'em experience, including the ability [...]

2 mins read
888Africa

888Africa acquires rival operator BetLion

888Africa is expanding its business with the acquisition of online betting and gaming operator BetLion.

888Africa, which operates the 888bet brand in Africa under a joint venture with 888 Holdings, said the acquisition of BetLion brings significant new local talent into the company, as well as a highly localised website and [...]

2 mins read

Nevada first half gambling revenue surpasses $7.5 billion

Gambling revenue in Nevada increased by 4 per cent to $7.52 billion during the first half of 2023, despite revenue in June coming in 2 per cent lower at $1.25 billion.

Nevada’s sportsbooks had a difficult month in June, with total sports betting revenue down by 60 per cent year-on-year at [...]

1 min read

Online takes Lottomatica revenue past €820 million in H1 2023

Italian betting and gaming operator Lottomatica has reported a 20 per cent increase in revenue to €820.1 million for the first half of 2023, driven by strong growth from its Online business.

Total amounts staked climbed 34 per cent year-on-year to €14.57 billion during the half year period, with the acquisition [...]

1 min read
FOX BET

Flutter and Fox shut down FOX Bet sportsbook

Flutter Entertainment and Fox Corporation have confirmed the immediate closure of the FOX Bet sports betting platform for commercial reasons.

The FOX Bet joint venture was launched amid much funfair in September 2019 by FOX and The Stars Group (prior to its acquisition by Flutter) to replace the BetStars brand.

The sports [...]

2 mins read
Football

VBet replaces Favbet as FC Dynamo Kyiv shirt sponsor

SoftConstruct-owned online betting operator VBet has been named as the new sponsor of Ukrainian Premier League side FC Dynamo Kyiv for the upcoming 2023/2024 season.

VBet replaced Favbet as shirt sponsor ahead of the club’s first match of the new season yesterday against FC Mynai.

“Today VBet Ukraine are leaders in sports [...]

2 mins read
Boyd Gaming

Online drives Boyd Gaming second quarter revenue growth

US casino operator Boyd Gaming has reported a 2.5 per cent increase in revenue to $917.0 million for the second quarter of 2023, with growth from its Online business offsetting a decline from its Las Vegas operations.

The company attributed the Las Vegas decline to high comparables in the prior year [...]

1 min read
MGM Resorts

MGM Resorts names new chief customer and innovation officer

New York-listed betting and gaming operator MGM Resorts International has appointed Daniel Yang as chief customer and innovation officer.

In the newly created role, Yang will lead the company's global consumer success strategy, with a focus on maximizing growth and profitability.

He joins MGM Resorts from Aristocrat Leisure, where he served as [...]

2 mins read
La Française des Jeux (FDJ)

Sports betting and online gaming drive FDJ’s first half growth

French lottery, betting and gaming operator La Française des Jeux (FDJ) has posted solid results for the first half of 2023, with revenue up 6 per cent at €1.29 billion.

Stakes from retail points of sales increased by 3 per cent to €9.16 billion during the half-year period, driven by growth [...]

1 min read
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