Nevada gambling revenue climbs to $1.31bn in December

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Lithuanian gambling revenue up 13.5% year-on-year

Gambling revenue was €222.2m in 2023. Lithuania.- The Lithuanian Gambling Supervisory Authority has reported that gambling revenue in the country reached €222.2m in 2023. That's a rise of 13.5 per cent year-on-year from €195.8m in 2022. The growth was driven by online gambling, while land-based gambling revenue fell slightly. Online gambling…

Finance ・ 08 February 2024

Gaming Intelligence

South Dakota gambling tops $1.5 billion in 2023

Gambling turnover in South Dakota grew by 4 per cent to $1.55 billion in 2023, with December's turnover coming in at $107.5 million. South Dakota's December total marked an 18 per cent improvement on the same month a year ago, but was the lowest monthly total of 2023. Slot machine handle increased by 17 per cent to $98.2 million in December, the…

Finance ・ 30 January 2024

iGaming Business

Michigan online gambling revenue hits record $2.30bn in 2023

Revenue for 2023 was 18.3% higher than the $1.98bn generated in Michigan in 2022. It also far exceeds the $1.40bn from the first year of legal betting in 2021. Reported figures include licensed commercial and tribal igaming operators in Michigan. Breaking this down, $1.90bn of total revenue came from igaming and $420.4m gross sports betting…

Law ・ 22 January 2024

Gaming Intelligence

Ohio gaming revenue falls to $86 million in July

Gaming revenue in Ohio fell by 3 per cent to $86.0 million in July, with revenue from both slots machines and table games down year-on-year. Slot machine revenue from Ohio's four casinos was 1 per cent lower than last year at $62.8 million. The Hollywood Columbus earned the highest monthly slot revenue at $18.3 million, followed by the Hollywood…

Finance ・ 07 September 2023

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Gaming Intelligence

Michigan commercial casino revenue grows 11% in February

The three commercial casinos in Michigan grew revenue from land-based gaming and retail sports betting by 11 per cent in February to $105.5m. All three casinos saw year-on-year growth in their slots and table games revenue, with MGM Grand Detroit remaining market leader with gaming revenue of $50.1m, which was 8 per cent higher than February…

Finance ・ 15 March 2023

Gaming Intelligence

Virginia land-based casino revenue grows to $22.5m in January

Land-based casino revenue in Virginia reached its highest monthly total since launch at $22.5m, as the new Rivers Casino Portsmouth had a good first week of operations. Rush Street's Rivers Casino only opened for business on 23 January but still reported revenue of $9.0m, which was 40 per cent of Virginia's total monthly casino revenue, and…

Finance ・ 27 February 2023

Gaming Intelligence

Nevada gambling revenue tops $13.5bn despite November decline

Nevada's gambling revenue decreased by 8 per cent to $1.22bn in November, taking total revenue for the first 11 months of the year above $13.5bn, higher than 2021's annual total. Most games recorded declines in November, with the exception of slot machines, which were up by 1 per cent to $871.1m and roulette revenue, which rose 10 per cent to…

Finance ・ 04 January 2023

Gaming Intelligence

Spanish Q3 iGaming revenue tops €240m on betting and slots growth

Spain's quarterly online gambling revenue rose by 31 per cent to €240.8m during the third quarter of 2022, helped by strong growth from online slots and live dealer roulette. Online casino gross gaming revenue (GGR) was up by 28 per cent year-on-year to a new quarterly high of €128m, equivalent to 53 per cent of the total market, with online slot…

Industry ・ 04 January 2023

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Gaming Intelligence

Denmark gambling revenue grows just 2% in Q3

Denmark's third quarter gambling revenue was DKK1.69bn (€228m), showing just 2 per cent growth on the previous year. Online casino was the largest sector by revenue (43 per cent) and was the only one to show growth, up by 10 per cent year-on-year at DKK721m.Denmark Gambling Revenue: Q32022 (DKK) Within the online casino sector, online slots had…

Finance ・ 22 December 2022

Gaming Intelligence

Online casino drives growth in Portugal in Q2

Portugal's regulated online betting and gaming market grew revenue by 17 per cent in the second quarter of 2022, despite a decline in sports betting. Total gross gaming revenue (GGR) generated by the country's 15 licensed online operators increased to €146.4m in the second quarter of the year, buoyed by a 42 per cent increase in online casino GGR…

Sports ・ 09 August 2022

Gaming Intelligence

Detroit commercial casinos grow revenue to $122.9m in March

Michigan's three commercial casinos in Detroit have reported an 8 per cent increase in monthly aggregate revenue to $122.9m for March 2022. March revenue from land-based slots and table games rose by 9 per cent year-on-year to $120.9m - the market's best monthly performance since January 2020 - with retail sports betting contributing a further…

Finance ・ 13 April 2022

Gaming Intelligence

ZEAL set to launch online slots as lottery revenue growth stalls

German online lottery provider ZEAL has announced plans to add online slots to its offering as revenue from its existing lottery business fell by 4 per cent to €83.3m in 2021. The company attributed the lower revenue to the negative impact of weak jackpots during the year. Billings increased by 1 per cent to €656.5m during the year, despite the…

Lottery ・ 24 March 2022

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Gaming Intelligence

Online casino drives strong revenue growth at OPAP

Greek gaming and lottery operator OPAP has reported a 36 per cent increase in gross gaming revenue (GGR) to €1.54bn in 2021, after seeing revenue more than double during the final quarter of the year. Total Q4 GGR rose by 116 per cent year-on-year to €498.5m, buoyed by growing contributions from the online division and a full operational quarter in…

Finance ・ 23 March 2022

This Is Money

Ladbrokes owner cuts profit forecast as online gambling boom falters

Gambling group Entain has narrowed its guidance as 23 consecutive quarters of digital revenue growth came to a shuttering end. The Ladbrokes and PartyPoker owner forecasts making between £875million and £885million in underlying earnings for the 2021 financial year, against a much broader previous estimate of £850million to…

Industry ・ 20 January 2022

WBZ News Radio

Casinos Ended 2021 With Big Month

BOSTON (State House News Service) - Gaming revenues were up across the board last month as Plainridge Park Casino, MGM Springfield and Encore Boston Harbor together generated nearly $100 million in revenue of which about $26.5 million is due to the state, the Gaming Commission reported Tuesday. Of the $95.65 million in gaming revenue produced in…

Gaming Authorities ・ 19 January 2022

Gaming Intelligence

New Jersey iGaming revenue grows 41% to $1.37bn in 2021

New Jersey's regulated betting and gaming market grew by 64 per cent in 2021 as total gaming revenue reached $4.74bn, of which nearly a third was generated from online gambling. The state's licensed casinos and racetracks recorded a strong finish to the year as December gaming revenue increased by 29 per cent year-on-year to $404.1m The biggest…

Finance ・ 18 January 2022

Casino City Times

Detroit casinos produce $1.29 billion in aggregate revenue during 2021

Gaming News 11 January 2022 (PRESS RELEASE) -- The three Detroit casinos reported $1.294 billion yearly revenue in 2021. Slots generated 77% of revenue at $998.8 million, table games provided 21% of revenue at $268 million and retail sports betting added 2% of revenue at $26.95 million.By comparison, the casinos produced nearly $639 million in…

Finance ・ 11 January 2022

Kalkine Media

Top 5 FTSE gambling stocks of 2021

The gambling sector witnessed a shift towards online betting during the pandemic. For online betting, adults aged over-65 were the fastest-growing age bracket, rising by 4.8 per cent between Sep 2019 to Sep 2021. The gambling sector witnessed a shift towards online betting amid lockdowns restrictions since the onset of the pandemic. According to…

Top and Best ・ 31 December 2021

Gaming Intelligence

Online casino leads 888 to third quarter revenue growth

London-listed online betting and gaming operator 888 Holdings has reported a 7 per cent increase in total revenue to US$229.9m in the third quarter of 2021, despite a decline in B2C sports betting revenue. The year-on-year revenue growth was driven by continued expansion in regulated markets, with B2C Gaming revenue climbing 11 per cent to $193.5m,…

Finance ・ 19 October 2021

Gaming Intelligence

MGM Grand dominates Michigan commercial casino market in August

Michigan's three commercial casinos in Detroit have reported total aggregate revenue of $113.8m for the month of August. Retail betting and gaming revenue rose by 62 per cent year-on-year, but fell by 3 per cent compared to the previous month, with table games and slots revenue amounting to $112.2m and retail sports betting revenue of $1.6m. Table…

Industry ・ 15 September 2021

Gaming Intelligence

Nevada gaming win climbs to record $1.36bn in July

Nevada's land-based casinos enjoyed strong growth in July as total gaming win grew by 80 per cent to a record $1.36bn during the month. Gaming win was up 14 per cent compared to the previous month's $1.19bn, marking the fifth consecutive month that the state's regulated gambling market generated more than $1bn. Revenue from land-based slot machines…

Land-based ・ 31 August 2021

Gaming Intelligence

Michigan commercial casinos generate April revenue of $109m

Michigan's commercial casinos generated monthly aggregate revenue of $109.0m in April, including retail sports betting revenue of $1.5m. With zero revenue generated in the comparable period last year as venues were closed due to Covid-19, aggregate revenue from the state's three commercial casinos in Detroit fell by 13 per cent compared to April…

Finance ・ 14 May 2021

Gaming Intelligence

Pennsylvania iGaming revenue soars to new high in November

Pennsylvania's regulated betting and gaming market recorded a 3 per cent drop in total revenue to $284.3m in November, despite another record performance from iGaming during the month. Total gambling revenue continued to be impacted by declines within the land-based sector, where slot machine revenue fell 32 per cent year-on-year to $129.5m and…

Finance ・ 19 January 2021

Journalism

Danish gaming market sees growth in 2019 thanks to online casinos

Denmark's gaming market saw considerable growth in 2019, thanks to the country's online casinos. According to Danish regulator Spillemyndigheden, the online casino segment's gross gaming revenue increased 8.1 per cent to DKK2.33 billion. It was the only vertical to record a yearly increase in revenue for 2019. Q2 was the top performer as it…

Industry ・ 04 February 2021

Legal US Poker Sites

Another Record for Internet Gaming in New Jersey Market

The first month of 2020 was a good one for all of New Jersey gaming. From slot machines in land-based casinos to sports wagering and online poker, every form of gambling showed positive numbers in January. The first report of the year from the New Jersey Division of Gaming Enforcement noted $300.7 million in total gaming revenue for the month of…

NFL ・ 08 February 2021