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LeoVegas

LeoVegas hits new heights in 2020 as revenue reaches €387.5m

Shares in LeoVegas gained more than 8 per cent in Stockholm Thursday morning as the online gaming operator posted record results for 2020.

The company enjoyed [...]

1 min read
MGM Resorts

MGM Resorts posts Q4 revenue decline despite BetMGM growth

New York-listed MGM Resorts International has reported a 53 per cent drop in net revenue to $1.49bn for the final quarter of 2020, as the [...]

1 min read
Denmark

Online gaming and betting offsets Danish land-based decline in Q4 2020

Denmark’s regulated betting and gaming market grew gross gaming revenue (GGR) by 7 per cent to DKK1.73bn (€232.6m) in the fourth quarter of 2020, despite [...]

1 min read
Svenska Spel

Svenska Spel posts 16% Online revenue growth in 2020

Swedish gaming operator Svenska Spel has posted an 11 per cent drop in net gaming revenue to SEK7.67bn (€759.1m) in 2020, as its land-based gaming [...]

1 min read
Kindred

Kindred Group revenue surpasses £1bn mark in 2020

Stockholm-listed operator Kindred Group saw net profit nearly triple to £165.2m in 2020 year as gross winnings revenue increased to more than £1bn for the [...]

1 min read

German betting association warns of retail collapse and online exodus

Germany’s sports betting market contracted by 16 per cent in 2020 due to the effects of the coronavirus pandemic, with gaming operators also reporting a [...]

1 min read
Betsson

Solid year sees Betsson full year profit near SEK1bn mark

Stockholm-listed betting and gaming operator Betsson has reported a 24 per cent increase in group revenue to SEK6.39bn (€631.7m) in 2020, buoyed by a record [...]

1 min read

Record January for Iowa sportsbooks as wagers near $150m

Iowa’s licensed sports betting operators enjoyed a strong start to the year with record wagers of $149.5m in January 2021.

The state’s 18 operational sportsbooks saw [...]

1 min read
Lithuania

Lithuania gambling market halves in 2020

Lithuania’s licensed gambling operators posted a 49 per cent fall in total turnover to €166.9m in 2020, as restrictions due to the COVID-19 pandemic impacted [...]

1 min read

Wynn Resorts posts $2.1bn loss following 2020 revenue slump

New York-listed casino operator Wynn Resorts has reported a 58.5 per cent drop in operating revenue to $686.0m for the fourth quarter of 2020, with [...]

1 min read
Sportech

Sportech focuses on sports betting opportunities in Connecticut

London-listed Sportech is projected to generate net cash of £36.1m from the sale of some of its businesses and assets, as the company looks to [...]

1 min read
Penn National Gaming

Penn National Gaming sees Interactive revenue soar in Q4

New York-listed Penn National Gaming has reported a 23 per cent fall in revenue to $1.03bn for the final quarter of 2020, as COVID-19 related [...]

1 min read
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