Business
December 21, 2022
OpenBet: World Cup Attracted Record-Breaking Betting Volume
OpenBet, a provider of sportsbook technology, content and services, recorded a record-breaking performance during this year’s FIFA World Cup tournament. As the event progressed and hype was building up, betting volumes skyrocketed. OpenBet Performed Remarkably OpenBet reported that its customers processed over 200 million bets across all channels throughout all World Cup matches. This resulted […]
Sports
December 20, 2022
Bally’s Branded RSNs Face Bankruptcy as Sports Leagues Back Out of Sale Talks
The New York Post reported that the MLB, the NBA, and NHL will most probably back out of their plans to buy the 21 RSNs owned by Diamond Sports Group that account for about over half the local broadcast market in the US. The decision stems from the fact that Diamond Sports announced it is […]
Industry
December 20, 2022
PGCB: Gambling Revenue Reached $452M Thanks to iGaming
On Monday, the Pennsylvania Gaming Control Board issued a report, according to which the gaming revenue generated from all kinds of gambling continued to rise and reached $452,357,922 in November, especially because of online gambling. That is an increase of 4.59% compared to the November 2021 results and approximately $2 million more than the revenue […]
Business
December 19, 2022
Wynn Macau to Invest $2.2B Following Changes in Concessions
Wynn Macau Spending Big Wynn Macau announced it’s planning an investment of MOP17.8 billion (approximately $2.22 billion) in the special administrative region (SAR). A big piece of these investments is going to be focused on expanding revenue through non-gaming enterprises. This is a general trend that’s expected, as the SAR announced that broadening their non-gaming […]
Industry
December 19, 2022
New Jersey Casinos Post Strong Revenue Results in November
On Friday, the gambling regulator revealed that last month, the total gaming revenue reported by casinos, racetracks and their partners hit $441.1 million. New Jersey Gaming Win Hits $441.4M in November This result marked a slight 0.3% increase when compared to the $439.6 million reported for the same period in 2021. Focusing on the bigger […]
Business
December 16, 2022
Rank Group Recovery Slows Down as UK Market Shrinks
The company acknowledged the impact of the increase in the cost of living, which was evident in its UK-facing operations. Releasing its latest report, Rank Group acknowledged that in the five months ended November 30 this year, net gaming revenue (NGR) was up by only 1%, when compared to the same period in 2021. Rank […]
Lottery
December 15, 2022
Loto-Québec Posts H1 2022-23 Results
Loto-Québec, а Canadian lottery operator, has posted a new report, detailing the benefits of online casino and lottery. The digital vertical significantly contributed to the company’s revenues during the first half of the 2022-23 financial year, the company announced. Loto-Québec Posted Its FT 2022-23 Results As reported by the Canadian lottery giant, the company’s total […]
Business
December 15, 2022
Meyer Global to Invest $15 Million in PlayStar
PlayStar Gaming Group, a gambling operation with a vision to deliver an online gambling experience like no other, is set to receive $15 million in equity funding from Meyer Global Management. The move will strengthen the operator’s business and help it expand in the United States. PlayStar to Receive Investment from Meyer Global As announced […]
Industry
December 14, 2022
US Commercial Gaming Revenue Hits $5.3bn in October, Says AGA
The national trade group for the US casino industry, the American Gaming Association (AGA), released its latest commercial gaming revenue report. AGA’s Commercial Gaming Revenue Tracker provided insight into the performance of operators and showed significant growth in revenue in October. Commercial Gaming Revenue Increases, a New Report Reveals The overall commercial gaming revenue in […]
Industry
December 13, 2022
Indiana, the Sixth State to Reach the $10B Benchmark Figure
According to the Indiana Gaming Commission, the Hoosier state has surpassed the $10 billion benchmark figure in all-time sports wagering handle with over $452.3 million in wagers accepted in November. This way, Indiana has joined the list of five other US states that went over the $10 billion mark after the Professional and Amateur Sports […]
