Financial News

Gaming technology provider Win Systems has secured a new $125m credit facility to fund the next phase of the company's growth in Latin America and other regions.

London-listed gaming operator GVC Holdings has reported a 1 per cent decline in group net gaming revenue for the third quarter of 2019, as solid growth in online gaming and sports betting was offset by falling revenue in retail.

Iowa’s newly regulated sports betting market continued to grow in September as the state’s 15 licensed operators collected total wagers of $38.5m during the month.

French state-controlled gaming operator FDJ has reported an 8 per cent increase in stakes for the first nine months of 2019 to €12.54bn, with instant win games accounting for almost half of the total.

Sports fans in Indiana wagered over $35m during the first month of regulated sports betting in the state.

Pennsylvania’s fledgling video gaming terminals (VGT) market attracted total wagers of $3.45m in its first six weeks.

New York's four licensed sports betting operators generated total gross gaming revenue of $2.28m in September.

Rhode Island’s two licensed casino operators collected a total of $10.1m in sports betting wagers during the month of August.

West Virginia’s regulated sports betting market recorded total stakes of $25.20m excluding voided bets in the four-week period ended September 28, with $21.45m paid out in winnings.

Nevada’s regulated gambling market grew by 4 per cent to $952.4m during the month of August, benefiting from a strong performance in sports betting.