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

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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

Gaming Intelligence

Ohio casino revenue down by 2% in August

Land-based gaming revenue at Ohio's four casinos declined by 2 per cent to $82.4 million in August, caused by a fall in table gaming win. Revenue from tables games decreased by 12 per cent to $22.3 million on wagers of $98.4 million. All four Ohio casinos reported year-on-year declines in table revenue, with the Hard Rock Cincinnati showing the…

Finance ・ 06 October 2023

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

Gaming Intelligence

New York posts $57 million in July commercial gaming revenue

Gaming revenue at New York's four commercial land-based casinos was 9 per cent lower at $57.1 million in July. July saw year-on-year revenue declines across all gambling sectors in the commercial casinos. Slot machine revenue was down by 6 per cent to $42.2 million and table gaming revenue declined by 16 per cent to $13.4 million. Revenue from…

Finance ・ 15 August 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

Nevada gambling revenue climbs to $1.31bn in December

Nevada's gambling market ended 2022 on a high note as total gaming revenue increased by 14 per cent to $1.31bn. December marked the 22nd consecutive month in which the state's casinos reported at least $1bn in gaming revenue. Slot machines revenue grew by 2 per cent year-on-year to $803.5m in December, with Multi Denomination slots contributing…

Finance ・ 01 February 2023

Gaming Intelligence

Retail recovery drives gaming revenue growth in Lithuania

A record performance from Lithuania's online gambling sector in 2022, combined with a recovery from the retail gambling sector, helped overall revenue grow by 44 per cent to €195.8m. Retail gambling revenue (excluding lottery) more than doubled in 2022 to €74.1m (2021: €34.0m), with betting, table games and slot machines all showing year-on-year…

Finance ・ 31 January 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

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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

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

Hindustan Times

GST: GoM on online gaming, casinos submits report to Sitharaman

The panel of state ministers set up by the GST Council to look into taxation of online gaming and casinos on Thursday submitted its report to Finance Minister Nirmala Sitharaman. The GST Council, chaired by Sitharaman, may take up the report in its next meeting on Saturday (December 17). "Presented the Second Report of the Group of Ministers (GoM)…

Industry ・ 17 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

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Thorold Today

Niagara Falls receives $6.2M for hosting casinos

The first quarter payment is part of OLG's commitment to invest profits back in Ontario; since the first casino opened in 1996, Niagara Falls has received more than $181-million NEWS RELEASE ONTARIO LOTTERY AND GAMING CORPORATION ************************* Ontario Lottery and Gaming Corporation (OLG) is pleased to make a first quarter (April 1 -…

Lottery ・ 21 July 2022

Gaming Intelligence

Evolution continues strong momentum as Q2 revenue hits €344m

Stockholm-listed casino games provider Evolution has reported a 34 per cent increase in revenue to €344.0m for the second quarter of 2022, with Asia taking over as its biggest regional market. Revenue from Live Casino increased by 37 per cent versus a year ago to €278.5m, while RNG revenue climbed 6 per cent to €65.5m, which the company said was a…

Finance ・ 21 July 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

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

Gaming Intelligence

Britain’s online gambling market down 31% in December

Britain's regulated online gambling market contracted by nearly a third in December 2021, according to new data released by the Gambling Commission. The latest operator data on gambling behaviour amid the easing of lockdown measures across Great Britain shows that online gross gaming yield (GGY) fell by 31 per cent year-on-year in December to…

Industry ・ 18 February 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

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

Evolution Gaming doubles first quarter revenue to €235.8m

Stockholm-listed casino supplier Evolution Gaming has seen revenue more than double to €235.8m in the first quarter of 2021. Revenue was buoyed by a record performance from the company's live casino offering, which rose 60 per cent to €183.7m, as well as a 6 per cent increase in revenue from RNG games to €52.2m as a result of the acquisition of…

Finance ・ 07 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