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Vilnius, Lithuania

iGaming revenue continues to climb in Lithuania as retail nears pre-pandemic levels

Lithuania’s regulated gambling market grew revenue by 65 per cent to €89.3m in the first half of 2022, buoyed by strong growth online and a recovery in retail.

Gross iGaming revenue climbed 7.6 per cent year-on-year to €54.9m in H1, despite strong comparables a year ago, while retail gross revenue recovered [...]

1 min read
BCLC

Canada’s BCLC names Pat Davis as president and CEO

Canada’s British Columbia Lottery Corporation (BCLC) has appointed Pat Davis as president and CEO, bringing an end to two and a half years of interim leadership.

Davis brings nearly 20 years of experience in the gambling industry, having most recently served as BCLC’s chief information officer and vice president of business [...]

1 min read
Gambling Commission

Britain’s online gambling yield falls in the second quarter of 2022

Britain’s largest online gambling operators have recorded a significant fall in Gross Gaming Yield in the second quarter of the year, with every gaming vertical showing a decline versus the same period last year.

The data released Thursday by the Gambling Commission covers the biggest operators who together account for approximately [...]

1 min read

Bally’s second quarter revenue soars to $552.5m

New York-listed casino and sportsbook operator Bally's Corporation has seen second quarter revenue more than double to $552.5m, driven by its growing Interactive businesses.

Revenue in Q2 soared by 106 per cent compared to the same period last year, with Casinos & Resorts revenue climbing 14 per cent to $299.9m.

North America [...]

1 min read

Interactive drives Q2 revenue growth for newly renamed PENN Entertainment

New York-listed Penn National Gaming has been renamed PENN Entertainment as the racing and gaming operator reported a 5 per cent increase in revenue to $1.63bn for the second quarter of 2022.

The year-on-year growth was driven by a 61 per cent increase in Interactive revenue to $154.9m in Q2, while [...]

1 min read
MGM Resorts

MGM Resorts benefits from growth in Las Vegas as BetMGM losses continue

New York-listed MGM Resorts International has reported a 44 per cent increase in consolidated net revenue to $3.26bn for the second quarter of 2022, buoyed by strong growth in its core Las Vegas market.

The year-on-year growth was driven by increased business volume and travel activity primarily at the company’s Las [...]

1 min read
Caesars Entertainment

Las Vegas and Digital segments drive Caesars revenue growth

Caesars Entertainment has reported a 13 per cent increase in net revenue to $2.82bn for the second quarter of 2022, benefiting from strong growth in the Las Vegas and Caesars Digital segments.

Las Vegas net revenue rose by 34 per cent to $1.14bn in Q2, helping to offset a 2 per [...]

1 min read
IGT

IGT revenue falls to $1.02bn in second quarter

New York-listed lottery and gaming supplier International Game Technology (IGT) has reported a 2 per cent drop in revenue to $1.02bn for the second quarter of 2022.

The year-on-year decline was mainly due to a 11 per cent decline in Lottery revenue to $648m, as services revenue fell by 12 per [...]

1 min read

Bally’s Corp partners the New York Yankees

New York-listed casino and sportsbook operator Bally's Corporation has become an official sports betting partner of the New York Yankees for the remainder of the 2022 Major League Baseball (MLB) season.

The wide-ranging agreement marks Bally’s first sports team partnership in New York after becoming the ninth and final online sports [...]

3 mins read

Gambling Regulatory Authority takes over as new Singapore regulator

Singapore’s new gambling regulator takes charge of the market today, replacing the country’s three former regulatory authorities with one national Gambling Regulatory Authority (GRA).

The GRA will regulate all forms of gambling in Singapore, replacing the Casino Regulatory Authority (Casinos), Gambling Regulatory Unit of the Ministry of Home Affairs (Online Gaming), [...]

1 min read

Italy’s Lottomatica swings to profit as first half revenue soars to €806.2m

Leading Italian gaming operator Lottomatica has seen revenue from its online and land-based operations soar by 345 per cent to €806.2m in the first half of 2022.

The newly formed Lottomatica was established earlier this year through the merger of Gamenet Group, IGT Lottery (which owned Lottomatica Scommesse and Lottomatica Videolot [...]

1 min read

Nevada full year gaming win grows to record $14.6bn

Nevada’s gambling market generated record win of $14.63bn in the fiscal year ended June 30, with gaming win from state-wide casinos topping $1bn for the 16th consecutive month in June.

Gaming win in June climbed 8 per cent compared to the same month last year to $1.28bn, with the bulk of [...]

1 min read
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