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VGT/VLT News

Virginia casino revenue grows to $38m in February

Land-based casino revenue in Virginia set another monthly record in February of $38.4 million, as the new Rivers Casino Portsmouth overtook Hard Rock Bristol.

The Rivers Casino reported revenue of $24.7 million in its first full month of operation, of which $17.1 million was derived from 1,420 slot machines and $7.5 [...]

1 min read

Ainsworth adds Novomatic deputy chairman to board of directors

Sydney-listed gaming supplier Ainsworth Game Technology (AGT) has expanded its board with the appointment of Haig Asenbauer as a non-executive director.

Asenbauer is currently a partner of Austrian law firm Asenbauer Rechtsanwaelte in Vienna, and also serves as deputy chairman on the supervisory board of Novomatic, AGT’s majority shareholder.

He will hold [...]

2 mins read
Playtech

Playtech revenue hits record €1.6bn in 2022

London-listed gaming technology provider Playtech has reported a 33 per cent increase in revenue to a record €1.60 billion for 2022, driven by online growth and retail recovery following pandemic-related closures in parts of 2021.

Revenue from B2B grew by 14 per cent to €632.4 million during the year, with B2B [...]

1 min read
Pennsylvania

Sports betting and iGaming drive Pennsylvania growth in February

Pennsylvania’s licensed betting and gaming operators enjoyed another strong month as revenue from all forms of gambling increased by 22 per cent to $456.8m in February.

The year-on-year growth was driven by strong performances from the sports betting and iGaming sectors, while retail slots and tables revenue also grew compared to [...]

1 min read
Playtech

Playtech extends retail betting terminal deal with Betfred

London-listed gaming technology provider Playtech has extended its exclusive retail sports betting partnership with British bookmaker Betfred.

The new agreement will see additional Playtech Self Service Betting Terminals (SSBTs) installed in Betfred’s UK shops, including Horse and Dog racing for the first time, and the latest Betbuilder and Player Props products.

The [...]

2 mins read

Sports betting and iGaming drive New Jersey market growth in February

New Jersey’s betting and gaming market grew by 10 per cent in February as total gaming win from casinos, racetracks and their partners reached $412.2m.

As with the previous month, February’s growth was driven by a 77 per cent increase in sports betting revenue to $54.6m, while iGaming win rose 10 [...]

1 min read

Massachusetts gambling revenue tops $100m in February

Massachusetts’ three casinos generated land-based gambling revenue of $100.1m in February, including the first full month of contributions from retail sports wagering.

Land-based gaming revenue increased by 17 per cent year-on-year to $98.0m, with $62.7m derived from slot machines and $35.3m from table gaming.

All three casinos posted year-on-year growth in gaming [...]

1 min read

Kentucky bans unregulated skill game machines

Kentucky Governor Andy Beshear has signed legislation banning unregulated skill games in the state.

The bill (HB 594) bans any unregulated coin-operated amusement machine that awards cash, cash equivalents, and other prizes of value based on any element of chance.

Exceptions include machines that offer non-cash prizes and redeemable vouchers of under [...]

1 min read
OPAP

OPAP eyes iLottery expansion as 2022 revenue nears €2bn mark

Greek gaming operator OPAP has reported a 26 per cent increase in gross gaming revenue to €1.94bn in 2022, buoyed by a record performance in the final quarter of the year.

Revenue in the fourth quarter climbed 8.5 per cent year-on-year to a new quarterly high of €540.9m, with Lottery revenue [...]

1 min read
Detroit, Michigan

Michigan commercial casino revenue grows 11% in February

The three commercial casinos in Michigan grew revenue from land-based gaming and retail sports betting by 11 per cent in February to $105.5m.

All three casinos saw year-on-year growth in their slots and table games revenue, with MGM Grand Detroit remaining market leader with gaming revenue of $50.1m, which was 8 [...]

1 min read

New York mobile sports wagering falls 4% in February

Mobile sports wagers in New York fell by 4 per cent in February to $1.47bn, dropping below the $1.5bn mark for the first time since September.

The two markets leaders, FanDuel ($591.1m) and DraftKings ($491.3m), both increased their handle versus a year ago, by 4 per cent and 27 per cent [...]

1 min read

Inspired returns to profit in 2022 as revenue hits record $285.4m

New York-listed gaming supplier Inspired Entertainment has reported a 37 per cent increase in revenue to a record $285.4m for 2022, with growth across all business segments.

Revenue in the final quarter of the year rose 17 per cent year-on-year to $78.6m, reflecting growth in its digital business, which includes the [...]

1 min read
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