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Entain

Entain lowers online growth expectations as customer spend declines

London-listed betting and gaming operator Entain has reported an 8 per cent increase in net gaming revenue for the second quarter of the year, with growth in retail offsetting lower revenue online.

Like-for-like retail net gaming revenue (NGR) climbed 79 per cent year-on-year following the lifting of Covid restrictions, with the [...]

1 min read
888 Holdings

888 Holdings completes William Hill International acquisition

London-listed betting and gaming operator 888 Holdings has completed its acquisition of William Hill’s non-US business from Caesars Entertainment.

Following completion, 888 has confirmed its new executive leadership team, with William Hill’s former CEO Ulrik Bengtsson and chief financial operator Eric Hageman leaving the group.

The enlarged 888 group will continue to [...]

3 mins read

Nevada gambling market grows to $1.3bn in May

Nevada’s gambling market generated its fourth highest revenue total in May as total gaming win increased by 6 per cent year-on-year to $1.30bn.

Benefiting from increased international travel to Las Vegas, gaming win from state-wide casinos topped $1bn for the 15th consecutive month.

Slot Machines remained the most popular form of gambling [...]

1 min read

New Zealand announces new strategy to prevent gambling harm

New Zealand’s government is investing more than NZ$76m on measures to prevent and minimise harm caused by gambling.

The Labour government claims that one in five New Zealanders will experience gambling harm in their lives, with its new Strategy to Prevent and Minimise Gambling Harm set to be the most significant [...]

1 min read
Pennsylvania

Pennsylvania gambling revenue climbs to $447.8m in May

Pennsylvania’s licensed betting and gaming operators posted another solid month of growth as total revenue from all forms of regulated gambling increased by 8 per cent to $447.8m in May 2022.

The year-on-year revenue growth was driven by strong performances in sports betting, iGaming and land-based gaming, with fantasy contests the [...]

1 min read
New Jersey

New Jersey betting and gaming market grows 15% in May

New Jersey’s casinos, racetracks and their partners saw total gaming revenue increase by 15 per cent to $430.6m in May 2022, benefiting from year-on-year growth across all products except online poker.

Total casino win from the state’s nine licensed casino properties rose by 9 per cent to $233.0m in May, with [...]

1 min read

Allwyn widens Q1 profit as revenue grows to €869.3m

European lottery and casino operator Allwyn International (formerly SAZKA Group) has reported a 65 per cent increase in consolidated gross gaming revenue to €869.3m for the first quarter of 2022.

The strong year-on-year growth reflected a more normalised operating environment after the reopening of its retail lottery and casino businesses across [...]

1 min read
Denmark

Denmark sees iGaming and sports betting revenue decline in April

Denmark’s regulated betting and gaming market grew revenue by 15 per cent in April 2022 as the land-based sector returned to growth.

Total gross gaming revenue (GGR) from the land-based and online sectors increased by 15 per cent year-on-year to DKK609m (€81.8m) in April, despite declines from the sports betting and [...]

1 min read
Danske Spil

Danske Spil grows Q1 revenue despite lottery and iGaming decline

Denmark’s state-owned gaming operator Danske Spil has posted a marginal increase in gross gaming revenue to DKK1.12bn (€150.4m) for the first quarter of 2022, despite a decline in sports betting and online casino.

Gross gaming revenue (GGR) from the company’s core Danske Lotteri Spil division fell by 3 per cent versus [...]

1 min read

Interblock acquired by US private equity firm Oaktree

Electronic table games provider Interblock has been acquired by funds managed by American private equity firm Oaktree Capital Management for an undisclosed amount.

The investment will further bolster Interblock’s market leadership in the rapidly growing electronic table games (ETG) market, where it provides content across North America, Latin America, Europe and [...]

2 mins read
OPAP

Retail recovery boosts OPAP in strong first quarter

Greek gaming and lottery operator OPAP has seen gross gaming revenue (GGR) for the first quarter of 2022 soar 162.5 per cent to €457.2m, with strong retail growth offsetting a decline from online casino.

The strong revenue growth compared to a year ago was due to the return of full operations [...]

1 min read
Tabcorp

New leadership for Tabcorp as Bruce Akhurst takes over as chairman

Sydney-listed gaming giant Tabcorp Holdings has made a number of board and senior management changes ahead of its demerger of The Lottery Corporation.

With the company set to implement its demerger of its lottery and keno arm tomorrow, Steven Gregg has retired as Tabcorp chairman and non-executive director, as he takes [...]

1 min read
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