Online casino drives growth in Portugal in Q2

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Second year of online gambling in Ontario generates $63bn in wagers

According to a report from iGaming Ontario, revenue was $2.4bn. Canada.- The second year of regulated sports betting and igaming in Ontario generated $63bn in wagers and $2.4bn in revenue, according to a report from iGaming Ontario. Legal online market opened on April 4, 2022. Casino wagers totalled $51.7bn, up 88 per cent year-on-year. Casino…

Finance ・ 4 days

iGaming Business

AGA: US gambling revenue set for record year after lucrative Q3

Figures released by the American Gaming Association's (AGA) for the three months to 30 September show US gambling revenue was up 6.1% year-on-year. This was the 11th straight quarter of annual revenue growth and the best third quarter on record. Industry revenue grew year-on-year across all verticals, with land-based casino and igaming generating…

Finance ・ 17 November 2023

BNN Bloomberg

​Ontario online gambling wagers hit $14B in Q1: iGO report

Total online wagers placed in Ontario in the first quarter of this year totalled $14 billion, marking an increase from the previous quarter, iGaming Ontario (iGO) revealed in a recent market report. Ontario online casinos and sports betting wagers were up from the $13.9 billion reported the previous quarter, the data released on July 19…

Finance ・ 28 July 2023

Gaming Intelligence

Spanish Q3 iGaming revenue tops €240m on betting and slots growth

Spain's quarterly online gambling revenue rose by 31 per cent to €240.8m during the third quarter of 2022, helped by strong growth from online slots and live dealer roulette. Online casino gross gaming revenue (GGR) was up by 28 per cent year-on-year to a new quarterly high of €128m, equivalent to 53 per cent of the total market, with online slot…

Industry ・ 04 January 2023

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Gaming Intelligence

Denmark gambling revenue grows just 2% in Q3

Denmark's third quarter gambling revenue was DKK1.69bn (€228m), showing just 2 per cent growth on the previous year. Online casino was the largest sector by revenue (43 per cent) and was the only one to show growth, up by 10 per cent year-on-year at DKK721m.Denmark Gambling Revenue: Q32022 (DKK) Within the online casino sector, online slots had…

Finance ・ 22 December 2022

Gaming Intelligence

Live casino delivers strong growth for Evolution in third quarter

Stockholm-listed casino supplier Evolution has reported a 37 per cent increase in revenue to €378.5m for the third quarter of 2022, buoyed by continued strong growth in Asia and North America, as well as the first results from newly acquired Nolimit City. Revenue from Live Casino surpassed €300m for the first time in Q3 following a 45 per cent rise…

Live Gambling ・ 27 October 2022

This Is Money

888 revenues slip as bookmaker blames tightened gambling regulations

Bookmaker 888 has blamed new online safety regulations in Britain for a 7 per cent fall in revenues in its third quarter. Total revenues fell to £449million, which the group also pinned on the closure of its Netherlands operations, as UK online income from its William Hill business fell 14 per cent to £125million. Retail revenue from William Hill,…

Finance ・ 18 October 2022

Kalkine Media

Kalkine Media explores five US casino stocks to watch in October

The casino sector comprises firms from the gaming industry that offer leisure and other related services through their resorts and casino gaming properties. To name some, Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Caesars Entertainment, Inc. (NASDAQ: CZR), and Boyd Gaming…

Finance ・ 22 September 2022

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Gaming Intelligence

Evolution continues strong momentum as Q2 revenue hits €344m

Stockholm-listed casino games provider Evolution has reported a 34 per cent increase in revenue to €344.0m for the second quarter of 2022, with Asia taking over as its biggest regional market. Revenue from Live Casino increased by 37 per cent versus a year ago to €278.5m, while RNG revenue climbed 6 per cent to €65.5m, which the company said was a…

Finance ・ 21 July 2022

The London Economic

Twice as many gambling game accounts belong to customers in most deprived places

Participation in online gambling games is overwhelmingly concentrated in the most deprived parts of Britain - with these players more likely to incur heavy losses, a study has found. As many as 29 per cent of gaming accounts are registered to the most deprived areas - while just 13 per cent come from the least deprived places, a report by the…

Gambling Addiction ・ 09 June 2022

Macau Business

SJM’s net losses double to HK$1.2 bln in Q1

SJM Resorts' losses attributable to shareholders have doubled to HK$1.2 billion (US$163.3 million) in the first quarter of this year when compared to the same period in 2021, the group's latest unaudited financial report shows. Although net revenue reported by the gaming operator managed to increase by 2.4 per cent year-on-year to HK$2.5 billion,…

Travel ・ 03 May 2022

Gaming Intelligence

Online casino drives strong revenue growth at OPAP

Greek gaming and lottery operator OPAP has reported a 36 per cent increase in gross gaming revenue (GGR) to €1.54bn in 2021, after seeing revenue more than double during the final quarter of the year. Total Q4 GGR rose by 116 per cent year-on-year to €498.5m, buoyed by growing contributions from the online division and a full operational quarter in…

Finance ・ 23 March 2022

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This Is Money

Ladbrokes owner cuts profit forecast as online gambling boom falters

Gambling group Entain has narrowed its guidance as 23 consecutive quarters of digital revenue growth came to a shuttering end. The Ladbrokes and PartyPoker owner forecasts making between £875million and £885million in underlying earnings for the 2021 financial year, against a much broader previous estimate of £850million to…

Industry ・ 20 January 2022

This Is Money

Casino gaming helps 888 achieve a 'record' year of revenue

Gambling company 888 Holdings has posted a record year of trade despite a slowdown in the fourth quarter, thanks to handsome growth in casino gaming. The Gibraltar-based group saw its revenue surge by 14 per cent to $972million last year, with around three-quarters of takings deriving from its regulated and taxed markets, which include the UK,…

Finance ・ 18 January 2022

Gaming Intelligence

New Jersey iGaming revenue grows 41% to $1.37bn in 2021

New Jersey's regulated betting and gaming market grew by 64 per cent in 2021 as total gaming revenue reached $4.74bn, of which nearly a third was generated from online gambling. The state's licensed casinos and racetracks recorded a strong finish to the year as December gaming revenue increased by 29 per cent year-on-year to $404.1m The biggest…

Finance ・ 18 January 2022

The Irish Times

Flutter acquires Italian online gambling operator Sisal for €1.9bn

Paddy Power owner Flutter Entertainment has acquired Italian online gaming operator Sisal for €1.9 billion, giving the company a bigger foothold in the Italian market. The price tag is payable in cash on completion of the transaction, and includes full repayment of all Sisal's debt. Flutter will finance the deal through additional debt facilities,…

Industry ・ 23 December 2021

Gaming Intelligence

Online casino leads 888 to third quarter revenue growth

London-listed online betting and gaming operator 888 Holdings has reported a 7 per cent increase in total revenue to US$229.9m in the third quarter of 2021, despite a decline in B2C sports betting revenue. The year-on-year revenue growth was driven by continued expansion in regulated markets, with B2C Gaming revenue climbing 11 per cent to $193.5m,…

Finance ・ 19 October 2021

Gaming Intelligence

MGM Grand dominates Michigan commercial casino market in August

Michigan's three commercial casinos in Detroit have reported total aggregate revenue of $113.8m for the month of August. Retail betting and gaming revenue rose by 62 per cent year-on-year, but fell by 3 per cent compared to the previous month, with table games and slots revenue amounting to $112.2m and retail sports betting revenue of $1.6m. Table…

Industry ・ 15 September 2021

News Track Live

Ebbing COVID Cases Bring New Relaxations, Goa Casinos Lag Behind Sikkim Gaming Houses

After the full lockdown caused by Delta, businesses start to gradually reopen at an uneven pace, led by a mixture of nation, state and district orders. Still, the world is not the same anymore and great chunks of business activity have moved to the online realm. The second wave of Covid-19 together with the so-called Delta and Delta Plus variants…

Covid ・ 30 July 2021

Macau Business

Mass market results accounted for 66pct of total casino gaming revenue in Q2

Mass casino market results accounted for about 66.5 per cent of the total casino gaming results in the second quarter of this year, data published today (Friday) by the Gaming Inspection and Co-ordination Bureau (DICJ) revealed. In total casino mass results increased by 16 per cent quarter-to-quarter to some MOP16.8 billion (US$2 billion). During…

Finance ・ 16 July 2021

Casino Beats

LeoVegas appeal, GambleAware, Evolution, & Flutter: the week in numbers

Each week, CasinoBeats breaks down the numbers behind some of the industry's most interesting stories. Today we take a brief look at an array of financial updates from across the industry, as well as a five-year strategy released by GambleAware, LeoVegas appeal, and the "devastating" effect of COVID-19. 4.75 Super Group unveiled its intention to…

Gambling Addiction ・ 07 May 2021

Gaming Intelligence

Evolution Gaming doubles first quarter revenue to €235.8m

Stockholm-listed casino supplier Evolution Gaming has seen revenue more than double to €235.8m in the first quarter of 2021. Revenue was buoyed by a record performance from the company's live casino offering, which rose 60 per cent to €183.7m, as well as a 6 per cent increase in revenue from RNG games to €52.2m as a result of the acquisition of…

Finance ・ 07 May 2021

Gaming Intelligence

Pennsylvania iGaming revenue soars to new high in November

Pennsylvania's regulated betting and gaming market recorded a 3 per cent drop in total revenue to $284.3m in November, despite another record performance from iGaming during the month. Total gambling revenue continued to be impacted by declines within the land-based sector, where slot machine revenue fell 32 per cent year-on-year to $129.5m and…

Finance ・ 19 January 2021

Journalism

Danish gaming market sees growth in 2019 thanks to online casinos

Denmark's gaming market saw considerable growth in 2019, thanks to the country's online casinos. According to Danish regulator Spillemyndigheden, the online casino segment's gross gaming revenue increased 8.1 per cent to DKK2.33 billion. It was the only vertical to record a yearly increase in revenue for 2019. Q2 was the top performer as it…

Industry ・ 04 February 2021

Card Player

Casino Industry Sets Q2 Revenue Record

U.S. commercial gambling continued its long run of consecutive quarterly revenue growth in the second quarter, hitting a Q2 record of $16.07 billion, according to the American Gaming Association. The total outpaced Q22022 by 8.1 percent and marked the 10th consecutive quarter of annual growth for the commercial casino industry. Q22023 is the…

Industry ・ 17 August 2023