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Industry
August 26, 2022
SkyCity Entertainment’s FY 2022 Revenue Dropped by 32.9%
New Zealand casino operator SkyCity Entertainment Group released today its financial results for the fiscal year 2022 revealing the impact of the near three-month-long closure of its flagship Auckland property. Revenue Decrease Attributed to Property Closures For the 12 months ended June 30, 2022, SkyCity Entertainment Group generated NZ$639 million ($397 million) in revenue to […]
Industry
August 25, 2022
Delaware’s iGaming Soars, Sports Betting Struggles
Delaware recently released July’s financial results for the state’s iGaming and sports betting industry. All forms of gambling in the First State go through the official Delaware Lottery, which releases detailed monthly reports for casinos and racetracks. Online gambling continued to grow with revenues narrowly beating last month’s, but sportsbooks recorded a substantial year-to-year drop […]
Business
August 25, 2022
Rivalry Corp. Releases Q2 Report, Shows Record-Breaking Growth
Rivalry Corp., a globally renowned sports betting operator, has released its Q2 report, which states that the company’s betting handle reached C$38.4 million ($29.7 million). This represents a 98% YoY increase. Record revenue of C$5.3 million ($4.1million) or a 60% YoY increase, was also a huge milestone in the quarter. The Revenue Growth Was Completely […]
Industry
August 25, 2022
Holland Casino’s H1 2022 Report Revealed Strong Recovery
Dutch gaming operator Holland Casino reported today its first half financial performance posting a strong recovery and growing share of online operations. On the Path to Recovery For the six months ended June 30, 2022, Holland Casino generated €353.4 million ($351 million) in turnover. The half-year figure surpassed the full year 2021 figure of €304.2 […]
Business
August 24, 2022
Real Luck Group Reports Q2 Games Content Growth of 66%
Real Luck Group and its subsidiary companies providing esports betting, sports betting and online casino gaming under the “Luckbox” brand released today the financial results for the second business quarter of the year. Laying the Foundations for the Future TSX Venture Exchange-listed Real Luck Group and its subsidiaries filed on SEDAR, the electronic filing system […]
Industry
August 23, 2022
New Hampshire’s Sports Betting Market Enters a Seasonal Slowdown
The New Hampshire Lottery, the entity responsible for managing the state’s sports betting industry, released its July financial report. The NH sportsbooks experienced steady year-to-year growth, but the industry entered its seasonal summer slump, slowing down compared to the previous month. The State Recorded Double-Digit Yearly Growth According to July’s financial results, the New Hampshire […]
Business
August 23, 2022
Better Collective Releases Q2 Report, Revenue Reaches $55.6 Million
Better Collective has released its Q2 report which states that the company’s revenue has increased by 40% YoY. According to the report, revenue reached €56 million ($55.6 million). Organic revenue growth was 22% and the revenue share income reached a record-breaking number – €22 million ($21.85 million). New Depositing Customers Increased by Whopping 93% In […]
Industry
August 22, 2022
BGC Pleads for Help as Energy Costs Hurt Casinos
The Betting and Gaming Council (BGC), industry body for UK betting and gaming, is concerned about the rising cost of living. The Council contacted the British government, asking it to take action. BGC Is Concerned about the Soaring Energy Prices The BGC noted that the higher costs of energy have dramatically affected the hospitality sector. […]
Industry
August 19, 2022
Scout Gaming Marks 47% Drop in Gaming Revenue
Business-to-business daily fantasy sports, fantasy betting, and sportsbook Scout Gaming Group has published its interim report covering January-June 2022. The report signaled a series of important revenue drops, including a 47% decrease in the company’s revenue from gaming operations during the second quarter. The Second Quarter, an “Intensive Period” The company’s business-to-business revenue reached mSEK […]
Industry
August 19, 2022
Gaming in Michigan Grows for the First Time in Months
Financial reports from Michigan’s tribal and commercial operators showed a recovery in the state’s gambling market, which was on the decline for the past three months. July’s gross online gaming revenue increased 8% compared to the previous month, reaching $148.2 million. The sum also marks a 32.4% year-to-year increase, alleviating concerns that the negative trend […]
