Gambling revenues: Europe on the road to recovery?
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Flutter Entertainment, Entain, 888 Holdings, LeoVegas, NeoGames and Table Trac all published either Q2 or H1 2022 results last week. The results have not all been favourable, with many companies continuing to fight against the implications caused by the Covid-19 pandemic, while others have struggled for various other reasons.
Flutter Entertainment, Entain, 888 Holdings, LeoVegas, NeoGames and Table Trac all published their Q2 or H1 2022 results last week. The majority of Europe is recovering from the Covid-19 pandemic. Five European countries have posted positive year-on-year changes in their gambling revenue. Lithuania reported a 66% increase in gambling revenues for the first half of 2022 to €89.3m ($91.8m). Denmark reported 20% climb in gross gaming revenue (GGR) for Q1 2021. Portugal’s licensed operators also reported rise in GGR, which increased 17% year on year to $146.4m. UK market also posted successful results this month.
