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Nevada gambling revenue declines for 11th consecutive month

Nevada’s regulated gambling market contracted again in January 2021 as total gaming revenue fell by 27 per cent to $761.8m.

Gaming revenue declined year-on-year for the eleventh consecutive month since the start of the COVID-19 pandemic, although the market recorded growth of 11 per cent compared to the previous month’s $683.7m [...]

1 min read

Austria proposes gambling reforms to create a buffer with politicians

It took a raid on the home of the finance minister to make it happen, but Austria looks set to finally establish an independent gambling regulator.

Interim Justice Minister Werner Kogler announced the proposal Wednesday to strip the finance ministry of its gambling licensing and supervision powers, which will be transferred [...]

1 min read

Record iGaming performance drives Pennsylvania growth in January

Pennsylvania’s regulated betting and gaming market recorded a 3 per cent increase in total revenue to $311.1m in January, boosted by another record performance from iGaming during the month.

With the land-based sector continuing to be impacted by various COVID-19 restrictions, retail slots revenue fell by 26 per cent year-on-year to [...]

1 min read

New Jersey iGaming revenue tops $100m in January

New Jersey’s betting and gaming market returned to growth in January as total gaming revenue increased by 15 per cent to $346.4m, with monthly iGaming revenue surpassing $100m for the first time.

January saw strong growth in iGaming and sports betting, which climbed 88 per cent and 54 per cent respectively [...]

1 min read
Tabcorp

Tabcorp H1 revenue falls to $2.87bn due to ongoing COVID-19 hit

Sydney-listed betting and gaming operator Tabcorp has reported a 1.5 per cent drop in group revenue to AUD$2,870m for the first half period ended 31 December, with results negatively impacted by COVID-19 restrictions on its retail network.

The company posted year-on-year growth from its Lotteries & Keno and Wagering & Media [...]

1 min read

Ainsworth reports 33% H1 revenue decline

Sydney-listed gaming supplier Ainsworth Game Technology has reported a 33 per cent drop in revenue to AUD$72m in the first half of its financial year to 31 December.

Revenue improved by 71 per cent compared to the previous six month period, which was significantly impacted by the COVID-19 pandemic, but continued [...]

1 min read
Denmark

Online gaming and betting offsets Danish land-based decline in Q4 2020

Denmark’s regulated betting and gaming market grew gross gaming revenue (GGR) by 7 per cent to DKK1.73bn (€232.6m) in the fourth quarter of 2020, despite a decline from the land-based sector due to the COVID-19 pandemic.

With restaurants, gambling arcades and land-based casinos forced to close in December 2020 to prevent [...]

1 min read
Svenska Spel

Svenska Spel posts 16% Online revenue growth in 2020

Swedish gaming operator Svenska Spel has posted an 11 per cent drop in net gaming revenue to SEK7.67bn (€759.1m) in 2020, as its land-based gaming operations remained closed for three-quarters of the year as a result of the COVID-19 pandemic.

After third quarter revenue declined by 8 per cent to SEK1.85bn, [...]

1 min read
Lithuania

Lithuania gambling market halves in 2020

Lithuania’s licensed gambling operators posted a 49 per cent fall in total turnover to €166.9m in 2020, as restrictions due to the COVID-19 pandemic impacted both land-based and online operations.

The pandemic led to the Lithuanian government shuttering all land-based activities between 22 March to 9 June 2020, and again from [...]

1 min read
Scientific Games

Scientific Games names new senior vice presidents

New York-listed Scientific Games has appointed Jim Bombassei as senior vice president of investor relations, while Simon Johnson has been promoted to senior vice president and managing director of the EMEA region.

Bombassei joins the company from Viacom, where he oversaw the global investor relations program, capital markets activity and treasury [...]

2 mins read

North Dakota bills aim to authorise online gaming and betting

North Dakota lawmakers have introduced a number of gambling related bills to regulate online sports betting, gaming and poker, as well as electronic pull tab machines.

The online poker proposal would authorise intrastate live poker over the internet through a constitutional amendment that would be put to North Dakota voters at [...]

1 min read
Pennsylvania

Pennsylvania gaming market shrinks 22% to $2.65bn in 2020

Pennsylvania’s regulated betting and gaming market saw total revenue decline by 22 per cent to $2.65bn in 2020, as the negative effects of COVID-19 offset strong performances from newer gambling initiatives such as sports betting and iGaming.

Due to the pandemic, casino closure days totalled 1,473 in 2020, or 33 per [...]

1 min read
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