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Business
June 16, 2025
BetMGM Updates Full-Year Guidance Due to Strong Performance
Global sports betting and gaming giant Entain has published an update to the full-year guidance of the BetMGM brand due to its continued strength. The company promised to provide more details upon the release of its upcoming H1 update. Entain Updated the Guidance Entain, which co-owns BetMGM together with MGM Resorts International, reported that the […]
Industry
June 13, 2025
May Sports Betting in Tennessee Up 15.4% Year-Over-Year
Tennessee’s gross sports betting handle totaled $437.5 million in May, marking a year-over-year increase but showing a decline compared to April 2025. Tennessee Sports Betting Handle Hits $437.5M in May The May total of $437.5 million represented a 15.4% increase over the $379.2 million recorded in the same month last year. However, it was 5.6% […]
Industry
June 10, 2025
North Carolina Sports Betting Grows in May Ahead of Looming Policy Shifts
North Carolina’s sports wagering sector posted another strong month in May, underlining the state’s relentless appetite for regulated wagering just over a year after the market’s official launch. According to figures published by the NC Lottery Commission this week, bettors placed almost $550 million in wagers last month, maintaining steady year-on-year growth and indicating that […]
Industry
June 5, 2025
US iGaming Continues to Soar as Industry Hits $869M in April
While most US states remain reluctant to launch online casinos, those that have done continue to demonstrate the vertical’s potential. According to the latest report, the seven states where iGaming is legal generated $868.6 million in revenue in April alone, up 32.5% year-on-year. iGaming Continues to Grow in April Following a Record-Breaking March According to […]
Business
June 4, 2025
BetMakers Signs Binding Terms to Acquire LVDC for $800K in Cash
BetMakers, a specialist in technology, data and service solutions that simplify betting at critical points along the wagering lifecycle, unveiled its acquisition of LVDC, a Nevada-based service provider. The deal is expected to generate millions in revenue for the buyer. BetMakers to Acquire LVDC In its latest investor presentation, BetMakers announced that it has signed […]
Industry
June 3, 2025
Virginia’s Sportsbooks Reported an Increase in Handle in Q1
The Virginia Lottery, an organization responsible for regulating sports wagering in the Old Dominion, has published its latest wagering report. According to the figures, Virginians wagered more than they did in the prior-year period, although the handle was still lower than the handle recorded in March this year. The April Handle Increased The report, which […]
Casino
May 29, 2025
Aristocrat Gains Momentum on Slot Growth and M&A Outlook
A better-than-expected performance in April has renewed optimism in gaming manufacturer Aristocrat Leisure, according to Jefferies Equity Research analyst Kai Erman. After two sluggish months, gross gaming revenue (GGR) in the U.S. bounced back last month, giving Erman reason to believe Aristocrat’s momentum is just getting started. Slot Machine Proceeds and Gambling Revenue, Up Slot […]
Business
May 28, 2025
Acroud Shares Q1 Financial Results, Shows Growth Despite Difficulties
The first quarter of 2025 saw Acroud make significant restructuring and complete large deals in order to stay ahead of the ever-changing trends in the iGaming sphere. Acroud Delivers Mixed Q1 Results Amid Strategic Restructuring According to the company, its strategic initiatives undertaken during the first quarter of the year have strengthened its financial structure. […]
Industry
May 23, 2025
New Jersey Reports Decline in Q1 Gaming Revenue and Hotel Occupancy
The New Jersey Division of Gaming Enforcement (DGE) has published its latest report about the local gaming industry’s performance. In the three months ended March 31, the gaming revenue experienced a slight decline, which reflected a lower hotel occupancy rate. New Jersey’s Q1 Was Unexciting In its report, the DGE highlighted Q1 2025 net revenue […]
Business
May 22, 2025
Better Collective Q1 in Line with Expectations, Company Announces Share-Buyback
Better Collective, a digital sports media group, has published its financial report for Q1 2025, highlighting a slight decrease in revenue. Despite the temporary setback, the company’s leaders, who are still looking forward to a favorable 2025, reaffirmed the revenue guidance. Better Collective Experienced Setbacks In Q1 2025, Better Collective’s revenue reached EUR 83 million […]
