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Denmark

Denmark sees no increase in online gambling during lockdown

Data released by the Danish Gambling Authority shows a significant decline in gambling deposits during the COVID-19 lockdown.

The data shows that since the start of the lockdown in Denmark on 11 March, which closed all land-based casinos and gambling arcades, customer deposits at licensed betting operators in the country have [...]

2 mins read
OPAP

OPAP resumes retail operations in Greece

Greek gaming operator OPAP is re-opening its network of retail venues as the country eases its lockdown restrictions.

With its retail venues closed since 14 March following the COVID-19 outbreak, the operator began to reopen its 3,750 retail stores this week, with street vendors also resuming sales of Hellenic Lotteries’ products.

To [...]

2 mins read

Penn National Gaming revenue falls 13% as COVID-19 hits Q1 results

New York-listed racing and gaming operator Penn National Gaming has reported a 13 per cent drop in revenue to $1.12bn for the first quarter of 2020, as the COVID-19 pandemic impacted its results in March.

Penn National enjoyed a strong start to the year with record results in January and February, [...]

1 min read
Intralot

Intralot sees full year revenue drop to €720.6m in 2019

Athens-listed gaming and lottery supplier Intralot has reported an 8 per cent drop in full year revenue to €720.6m for 2019.

Intralot’s systems handled €18.3bn of worldwide wagers during the year, an increase of 21 per cent compared to the previous year, with North American wagers climbing 51 per cent to [...]

1 min read

Regulated UK gambling industry generates £3bn in Duties for HMRC

The UK government earned more than £3bn in betting and gaming duties last year from the regulated gambling industry according to the latest figures from HM Revenue and Customs.

Licenced operators paid a total of £3,028,046,000 in betting, gaming and lottery duty in 2019, an increase of 1.5 per cent on [...]

1 min read
Sazka Group

Strong year for SAZKA Group as 2019 revenue nears €2bn

European lottery and gaming operator SAZKA Group has reported a 6 per cent increase in gross gaming revenue (GGR) to €1.91bn for 2019, with net profit for the year climbing 35 per cent to €311m.

The company benefited from growth across all major business segments, with the biggest growth recorded by [...]

1 min read
Svenska Spel

Svenska Spel posts marginal Q1 revenue drop as Online grows

Swedish state-owned gaming operator Svenska Spel has posted a marginal decline in net gaming revenue to SEK2,055m (€189.2m) for the first quarter of 2020, as results in March were negatively impacted by restrictions due to the COVID-19 pandemic.

The operator said that Q1 began with two months of good growth across [...]

1 min read

Aristocrat suspends dividend and aims to reduce costs by $100m

Sydney-listed gaming supplier and social gaming operator Aristocrat Leisure has decided to suspend its interim dividend as one of a number of steps to mitigate the impact of the COVID-19 pandemic on its business.

With land-based operations delivering approximately 60 per cent of group revenue, Aristocrat noted that almost all of [...]

1 min read

Intralot initiates strategic review as COVID-19 hits revenue

Gaming and lottery supplier Intralot has initiated a strategic review as it predicts that the COVID-19 crisis could negatively impact group EBITDA by up to €30m this year.

Intralot said that since early March, revenue has been impacted by lockdowns, store closures and the lack of sports betting content, with total [...]

1 min read
Sweden flag

Sweden introduces new online gambling rules for 2020

Sweden has introduced new rules to protect online gamblers during the coronavirus crisis, with the new rules expected to continue until the end of the year.

Sweden’s social security minister Ardalan Shekarabi announced the new rules at a press conference in Stockholm Thursday morning, noting that the downturn in sports betting [...]

1 min read
Pennsylvania

Casino closures hit Pennsylvania gambling market in March

Pennsylvania’s regulated land-based and online gambling market recorded a 51 per cent fall in total gaming revenue to $153.5m in March following the temporary closure of venues in response to the COVID-19 pandemic.

The closure of the state’s 12 casinos mid-month meant that revenue from land-based slot machines declined by 61 [...]

1 min read

iGaming growth fails to offset New Jersey gambling market decline in March

New Jersey’s regulated betting and gaming market fell by 44 per cent to $163.5m in March following the closure of all Atlantic City casinos in response to the COVID-19 outbreak.

With all venues in the state temporarily closed on 16 March, revenue from land-based casino declined by 62 per cent to [...]

1 min read
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