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Finance

China lottery sales jump to RMB50 billion in May

China’s total lottery sales jumped by 53 per cent to RMB50.02 billion (€6.34 billion) in May, with instant win tickets performing well during the month.

The [...]

1 min read
PointsBet

PointsBet shareholders approve sale of US business to Fanatics

Shareholders in PointsBet Holdings have voted overwhelmingly in favour of selling its US operations to Fanatics Betting and Gaming for US$225 million.

At the company’s Extraordinary [...]

1 min read

Broker charged with insider trading in relation to Score Media acquisition

The Securities and Exchange Commission and the US Attorney for the Southern District of New York have charged a broker with securities fraud in relation [...]

1 min read

Nevada gambling revenue drops 1% in May

Gambling revenue in Nevada dropped by 1 per cent to $1.29 billion in May, with sports betting one of the best performing sectors during the [...]

1 min read

Australian Capital Territory raises Point of Consumption tax to 25%

The Australian Capital Territory (ACT) has made a surprise move to increase the point of consumption tax on online betting from 20 per cent to [...]

1 min read
Spain

Spanish online betting revenue doubles in Q1

Spain’s online betting revenue doubled to €130.6 million in Q1 2023 and drove total quarterly online gambling revenue up by 51 per cent to €304.9 [...]

1 min read

Washington DC sports wagers drop by 27% in May

Sports wagers in Washington DC dropped by 27 per cent to $12.5 million in May, marking the lowest monthly total since July 2022.

GambetDC was the [...]

1 min read

Betr raises $35 million to fund continued US expansion

Sports betting operator Betr Holdings has raised $35 million in a new round of financing as the company looks to expand into other real-money gaming [...]

1 min read

NeoGames appoints Motti Gil as new finance chief

New York-listed lottery and games supplier NeoGames has appointed Motti Gil as chief financial officer.

Gil has served as Aspire Global’s CFO for the past five [...]

2 mins read

Arkansas gambling revenue rises by 8 per cent in May

The three casinos in Arkansas reported an 8 per cent rise in gambling revenue to $55.7 million in May.

Slot machine drop was up by 1 [...]

1 min read
Wyoming State Flag

Wyoming sports wagers rise 37% in May

Sports wagers in Wyoming were up by 37 per cent to $12.8 million in May, and gross win was 29 per cent higher at $1.3 [...]

1 min read
PointsBet

PointsBet recommends Fanatics’ improved offer for US business

PointsBet’s board has unanimously recommended selling its US business to Fanatics Betting and Gaming (FBG) after DraftKings was unable to finalise a binding offer.

PointsBet has [...]

1 min read
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