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Industry
July 17, 2023
New Jersey Gambling Revenue Increased in June, Casino Sector Yet to Recover
New Jersey’s gambling and sports betting operators posted $457 million of revenue in June, attesting to the post-COVID recovery of the sector. However, some of the state’s brick-and-mortar casinos are still recovering from the pandemic. As reported by the New Jersey Division of Gaming Enforcement, the June 2023 period saw the state‘s nine casino hotel […]
Business
July 14, 2023
STS Posts Strong Q2 Results Ahead of Entain Takeover
Ahead of the finalization of the acquisition by Entain, STS Group, the leading Polish sportsbook operator, released a new trading update, outlining the strong growth of the company for the second quarter of 2023. For Q2 of this year, the recorded amount of stakes hit PLN 1.103 billion ($278 million). This result, when compared to […]
Business
July 6, 2023
Freemarket Adds Annie Osborne as Business Development Director
Freemarket, an industry-leading platform for financial technology that provides regulated B2B cross-border payments and currency exchange for small to medium-sized businesses, has announced a new appointment. The company has strengthened its management team with the appointment of the experienced Annie Osborne as business development director. According to the announcement, Osborne is an industry veteran who […]
Business
July 4, 2023
888 Holdings’ William Hill Keeps the Status Quo in 2022
William Hill Limited, a UK-based subsidiary of Gibraltar-based 888 Holdings, has published its annual financial report for 2022, a flat year in which foreign exchange gains helped the business to profit. Betting Shops Saved the Day For the 52 weeks ended December 27, 2022, William Hill generated net revenue of £1.2353 billion ($1.5688 billion), ending […]
Casino
July 3, 2023
Macau Posts MOP$15.52B in June GGR, YTD Reaches 54% of 2019
Gaming in Macau registered its first month with a decrease in gross gaming revenue (GGR) on a subsequent basis since all travel restrictions for the Special Administrative Region (SAR) of China have been lifted. Recovery Slowing Down but Strong The monthly Games of Fortune statistics report published by the Gaming Inspection and Coordination Bureau (DICJ) […]
Industry
June 29, 2023
Spanish Gaming Posts $333M in Q1 GGR
Spain’s Directorate General of Gaming (DGOJ) has published a report on the industry’s performance in the first quarter of the year. While gross gaming revenue experienced a slight quarter-on-quarter decline, the figures represent an impressive year-on-year increase. As reported, GGR experienced a slight drop from Q4 2022, declining by 2.8%. The higher Q4 number, however, […]
Business
June 29, 2023
Nevada Gaming Win Hits $1.29bn in May, Down by Less than 1%
The gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB), released its latest report, outlining the performance of nonrestricted gambling licensees during May. Judging by the recent report, last month marked another busy period for the licensees with their total gaming win hitting $1,289,036,827. The result marks another month with gaming win surpassing the […]
Industry
June 28, 2023
Philippine GGR to Grow by 15% a Year, Analysts Predict
Maybank Securities experts are optimistic about the future of the Philippine gaming industry, Inside Asian Gaming reported. According to Maybank analysts, the Philippines will see GGR grow by 15% a year over the medium term. The growth, analysts Miguel Sevidal and Alexa Mae Carvajal will be delivered by the high domestic demand, which has already […]
Business
June 21, 2023
Better Collective Posts Updated Financial Targets for 2023
The fast-growing digital sports media group, Better Collective, released a new trading update Wednesday, confirming a change in its financial targets throughout the rest of the year. The recent announcement acknowledges the positive momentum gained by the company from the first quarter of 2023 that helped supercharge its performance in the second quarter as well. […]
Business
June 21, 2023
Pennsylvania Gaming Revenue up by 7% To $479 Million in May
The total gambling revenue reported by licensed operators, including fantasy contests in Pennsylvania last month, increased when compared to May last year, judging by details released by the gambling regulator in the state. The Pennsylvania Gaming Control Board (PGCB), the body tasked with regulation of the gambling activities in the state revealed that the total […]
