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Churchill Downs

Churchill Downs expands board with experienced HR executive

New York-listed racing and gaming operator Churchill Downs Incorporated (CDI) has expanded its board of directors with the addition of Andréa Carter.

Carter brings over 20 years’ professional experience in the field of human resources across multiple industries and major organizations, and currently serves as senior executive vice president and chief [...]

2 mins read
Denmark

Denmark gambling revenue grows just 2% in Q3

Denmark’s third quarter gambling revenue was DKK1.69bn (€228m), showing just 2 per cent growth on the previous year.

Online casino was the largest sector by revenue (43 per cent) and was the only one to show growth, up by 10 per cent year-on-year at DKK721m.

Denmark Gambling Revenue: Q3 2022 (DKK)

Within the [...]

1 min read

Massachusetts gaming revenue rises 6% in November

Gaming revenue from Massachusetts’ three land-based casinos rose by 5.7 per cent in November to $92.9m, taking total revenue for the year-to-date past the $1bn mark.

Monthly slot machine revenue was $61.6m, an increase of 8 per cent on the previous year, while table gaming revenue was up 2 per cent [...]

1 min read

DCMS Select Committee to investigate UK gambling regulations

The Department for Digital, Culture, Media and Sport (DCMS) has launched an investigation into UK gambling policy and the Government’s progress towards addressing concerns about problem gambling.

The DCMS committee inquiry will investigate existing gambling regulations and examine whether these can keep up with innovations in online gambling, as well as [...]

4 mins read

Record iGaming revenue for Pennsylvania operators in November

Pennsylvania’s gambling market continued to grow into November as total revenue from all forms of gaming reached $452.4m, buoyed by a record performance from the iGaming sector.

Latest data from the Pennsylvania Gaming Control Board showed a 5 per cent year-on-year increase in total revenue, driven by a 37 per cent [...]

1 min read

Macau casinos look towards new horizons

Macau’s six casino operators have signed their new 10-year concession contracts and, in doing so, have committed to investing MOP119bn (€14bn) in the SAR over the next decade.

Diversification of Macau’s economy away from its reliance on gaming was a key element of the bidding process and it is significant that [...]

1 min read
New Jersey

New Jersey gambling revenue climbs marginally in November

New Jersey’s gambling market grew marginally in November as total gaming revenue increased by just 0.3 per cent year-on-year to $441.1m.

The state’s casinos, racetracks and their partners saw November land-based casino win increase by 4 per cent versus a year ago to $214.5m, while iGaming revenue rose 24 per cent [...]

1 min read

Connecticut betting and iGaming wagers top $1bn again in November

Connecticut’s sports betting and iGaming wagers surpassed $1bn for the third consecutive month as November wagers reached $1.07bn.

November wagers were 6 per cent below the previous month’s record total, and comprised $903.7m from iGaming, $154.5m from online sports betting, and $10.6m from retail sports betting.

Connecticut Sports Betting & iGaming Wagers: [...]

1 min read

Sweden’s gambling revenue rises 7% in third quarter

Sweden's regulated gambling market increased by 7 per cent to SEK6.77bn (€614m) in Q3 2022, according to preliminary data published by the country’s regulator.

Commercial e-gaming accounted for the majority of revenue in the third quarter, with revenue up by 10 per cent to SEK4.31bn, equivalent to 64 per cent of [...]

1 min read
Rank Group

Rank Group lowers full year profit forecast due to weak UK economy

Shares in Rank Group fell by more than 9 per cent in London Friday after the bingo and casino operator said that its trading performance for the five-month period ended 30 November had been tougher than expected across its UK venues businesses.

Like-for-like net gaming revenue (NGR) increased by 1 per [...]

1 min read

The Cordish Companies unveils plans for $1.4bn Virginia casino resort

US casino operator The Cordish Companies has unveiled plans for a new $1.4bn casino resort in Petersburg, Virginia.

The Live! Gaming & Entertainment District is expected to generate billions of dollars in economic benefits and spin-off development, creating thousands of new jobs and benefits to the local community while serving as [...]

1 min read
Loto-Quebec

Land-based recovery boosts Loto-Québec

Canadian provincial lottery operator Loto-Québec has reported record results for the first half of its 2022/23 fiscal year, as total revenue increased by 3.5 per cent to CAD$1.47bn.

The strong revenue performance for the half-year period ended 26 September was driven by an 80 per cent increase in revenue from casino [...]

1 min read
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