Online casino drives strong revenue growth at OPAP

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Online casino drives up OPAP GGR for Q1

Online casino revenue was up 29.1 per cent. Greece.- OPAP has reported strong results for the first quarter of 2024. GGR reached €549.7m, representing a 4.2 per cent year-on-year increase compared to Q12023 (€527.4m). The standout contributor was the online casino segment, which saw revenue rise by 29.1 per cent to €70.9m. Lottery continues to be…

Finance ・ 31 May 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

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

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

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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

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

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Gaming Intelligence

Live casino delivers strong growth for Evolution in third quarter

Stockholm-listed casino supplier Evolution has reported a 37 per cent increase in revenue to €378.5m for the third quarter of 2022, buoyed by continued strong growth in Asia and North America, as well as the first results from newly acquired Nolimit City. Revenue from Live Casino surpassed €300m for the first time in Q3 following a 45 per cent rise…

Live Gambling ・ 27 October 2022

Kalkine Media

Kalkine Media explores five US casino stocks to watch in October

The casino sector comprises firms from the gaming industry that offer leisure and other related services through their resorts and casino gaming properties. To name some, Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Caesars Entertainment, Inc. (NASDAQ: CZR), and Boyd Gaming…

Finance ・ 22 September 2022

Jamaica Gleaner

Gambling makes $3b for J’can Gov’t in June quarter

The freedom to gamble without pandemic restrictions has pushed the pot of tax earnings for the Government to $3.1 billion between April and June. The pot for the treasury was up by a quarter in the period, relative to the previous year. The Betting Gaming & Lotteries Commission, BGLC, said the taxes came on the back of $60 billion in sales from the…

Lottery ・ 16 September 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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SOOTODAY

City receives more than $375K for OLG quarterly payment

Has received more than $32 million from OLG since the opening of the casino in 1999 The City of Sault Ste. Marie has received a quarterly payment of more than $ 375000 from OLG for hosting the Gateway Casino. The city has received more than $32 million from OLG since the opening of the casino in 1999. Full text of a news release issued by OLG…

Lottery ・ 29 July 2022

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

The Wellington Advertiser

Centre Wellington receives $450,000 in latest OLG payment for hosting casino

ELEMENTS CASINO GRAND RIVER, ELORA (Advertiser file photo) ELORA - Centre Wellington is receiving over $450000 in its latest payment from the Ontario Lottery and Gaming Corporation (OLG) for hosting Elements Casino Grand River in Elora. On April 21 the OLG announced the township's fourth quarter (Jan. 1 to March 31) payment of $456891 brings its…

Covid ・ 21 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

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

This Is Money

Flutter to buy Italian gambling operator Sisal for £1.6bn

Sky Bet and Paddy Power owner Flutter Entertainment has agreed to buy Italy's largest online gaming company from CVC Capital Partners in a £1.6billion deal. It hopes the purchase of Sisal will help it take advantage of Italy's fast-growing digital gaming market, which is forecast to be worth £3.6billion by 2024 and has already doubled its share of…

Lottery ・ 23 December 2021

The Irish Times

Flutter acquires Italian online gambling operator Sisal for €1.9bn

Paddy Power owner Flutter Entertainment has acquired Italian online gaming operator Sisal for €1.9 billion, giving the company a bigger foothold in the Italian market. The price tag is payable in cash on completion of the transaction, and includes full repayment of all Sisal's debt. Flutter will finance the deal through additional debt facilities,…

Industry ・ 23 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

Macau Business

Mass market results accounted for 66pct of total casino gaming revenue in Q2

Mass casino market results accounted for about 66.5 per cent of the total casino gaming results in the second quarter of this year, data published today (Friday) by the Gaming Inspection and Co-ordination Bureau (DICJ) revealed. In total casino mass results increased by 16 per cent quarter-to-quarter to some MOP16.8 billion (US$2 billion). During…

Finance ・ 16 July 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