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New Jersey gambling market grows in July despite sports betting decline

New Jersey’s betting and gaming market grew by 7 per cent in July as revenue from casinos, racetracks and their partners reached $480.7m.

While sports betting revenue declined again, falling 18 per cent year-on-year to $45.0m in July, this was offset by an 8 per cent increase in land-based casino win [...]

1 min read
Denmark

Danish betting and gaming market dips in June

Denmark’s licensed betting and gaming operators recorded a13 per cent increase in total gross gaming revenue (GGR) to DKK3.26bn (€438.4m) in the first half of 2022, despite posting a decline in June.

June GGR fell by 4.5 per cent compared to the same month last year to DKK507m, with the sports [...]

1 min read

NIGC reports record revenue of $39bn in 2021

Tribal gaming revenue in the United States increased by 40 per cent to a record $39bn in 2021.

Gross gaming revenue (GGR) was 40 per cent higher than in 2020, when covid-related disruptions drove GGR down to $27.8bn, and 13 per cent higher than in 2019.

“The industry has much to celebrate [...]

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Flutter Entertainment

Flutter Entertainment shares soar as first half revenue climbs to £3.39bn

London-listed betting and gaming operator Flutter Entertainment has reported an 11 per cent increase in revenue to £3.39bn for the first half of 2022, of which more than £1bn was generated in the United States.

Benefiting from a 14 per cent increase in recreational customers to 8,716,000, first half revenue from [...]

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Entain

Entain sets new dividend policy as H1 revenue climbs 18%

Entain has reported an 18 per cent increase in total net gaming revenue for the first half of the year, with a recovery in retail offsetting lower revenue online.

Entain’s total net gaming revenue (NGR) in the first six months of 2022 amounted to £2,117.6m, with a 7 per cent fall [...]

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Detroit, Michigan

Michigan commercial casino revenue declines again in July

Michigan’s three commercial casinos in Detroit posted another decline in July as total monthly aggregate revenue fell to $107.2m.

Aggregate revenue fell year-on-year for the third consecutive month, with revenue from land-based slots and table games down 8 per cent at $105.9m, partially offset by a 4 per cent increase in [...]

1 min read

Inspired Entertainment returns to profit as Q2 revenue reaches $71.3m

New York-listed gaming supplier Inspired Entertainment has reported a 72 per cent increase in second quarter revenue to $71.3m, buoyed by growth in the UK land-based business and a record performance from Virtual Sports.

Gaming revenue increased by 57 per cent to $25.5m in Q2 as recurring revenue returned to pre-Covid [...]

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Light & Wonder grows second quarter revenue to $610m

New York-listed gaming supplier Light & Wonder has reported a 5 per cent increase in consolidated revenue to $610m for the second quarter of 2022, buoyed by year-on-year growth in its Gaming and SciPlay business segments.

Revenue from the supplier’s core Gaming segment rose by 6 per cent versus a year [...]

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Macau weighs on Wynn Resorts in second quarter

Wynn Resorts has reported an 8 per cent fall in operating revenue to $908.8m for the second quarter of 2022, as growth in Las Vegas was offset by lower revenue in Macau.

The company’s two casinos in Macau continued to be negatively impacted by travel restrictions and other mitigation procedures relating [...]

1 min read
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 [...]

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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 [...]

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