ZEAL set to launch online slots as lottery revenue growth stalls

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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

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

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Gaming Intelligence

German states collect over €2.5bn in gambling taxes

Germany's 16 federal states collected €2.57bn in gambling taxes in 2022, a 10 per cent increase on the previous year. Lottery tax was the largest contributor to state coffers, with €1.67bn collected (65 per cent share), but its annual growth was only 1 per cent. 2022 marked the first full year of regulated online slots and poker in Germany and…

Law ・ 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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The Sydney Morning Herald

Lottoland marks lottery return with keno bonanza

Betting operator Lottoland is re-entering Australia's lottery scene with the world's largest keno jackpot on Tuesday, promising to shake up the hegemony of newly listed giant The Lottery Corporation. The Gibraltar-based business will relaunch in Victoria with a $20 million jackpot after securing a 20-year licence to operate keno in Victoria in…

Lottery ・ 28 November 2022

Gaming Intelligence

Klasselotteriet acquisition pushes Danske Spil revenue up to DKK3.6bn

Denmark's state-owned gaming operator Danske Spil has reported a 2 per cent increase in gross gaming revenue (GGR) to DKK3.60bn (€483.7m) for the nine-month period ended 30 September. The company's core Danske Lotteri Spil division saw GGR fall by 1 per cent to DKK2.01bn, with a strong performance from the Eurojackpot game offsetting a poor run of…

Finance ・ 07 November 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

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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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

7 News

Oz Lotto change: It’s about to become a lot harder to win the top prize. Here’s why

Australians' chances of winning the Oz Lotto top prize will soon plunge from one in 45 million to one in 62 million following changes by the Victorian government. The state government has amended the Public Lottery Licence to increase the Oz Lotto matrix from seven from 45 numbers to seven from 47. Three supplementary numbers will be drawn instead…

Lottery ・ 07 April 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

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

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

Veikkaus posts H1 revenue decline despite online gains

Finland's state-owned gaming operator Veikkaus has recorded a 13 per cent fall in gross gaming revenue to €527.1m in the first half of 2021, with Covid-19 related restrictions continuing to have a major impact on its business. Veikkaus said that the pandemic negatively impacted revenue by around €150m during the first half period, with casino games…

Finance ・ 01 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

The Irish Times

Lotto a winner as operating profit jumps by 64% to €14.6m

sales rose just shy of 4 per cent to €918.9 million last year, despite the pandemic, with a record €529 million in prizes distributed over the 12-month period. Operating profit for the company came in at €14.6 million during the year, up almost two-thirds on the €8.9 million recorded in 2019. In total, the value of prizes rose 6 per cent rise…

Lottery ・ 29 July 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

Kelowna InfoNews

Online gambling increases, but not enough to make up for casino closures

More than 10 months after closing due to the COVID-19 pandemic, there is still no sign of an opening date for British Columbia casino operations. The B.C. Ministry of Finance says casinos have submitted safety plans which have been reviewed by Worksafe BC and the provincial health office. Conversations on when and how casinos might reopen are…

Covid ・ 29 January 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