Finance

13th October 2023

Kansas smashes sports betting handle record in September

Consumers in Kansas spent a total of $219.3m on sports betting during September, a new monthly record for the US state.    Kansas opened its…

13th October 2023

Indiana sports betting handle surpasses $400m in September

Players in Indiana spent more than $400.0m betting on sports during September, while operators were able to generate in excess of $41.0m in revenue. Sports…

13th October 2023

Ontario igaming revenue more than doubles in Q2

Online gambling revenue in Ontario more than doubled year-on-year in Q2 to CA$540m (£324m/€375m/US$395m), while player spending in the Canadian province rocketed 132%. Total igaming…

10th October 2023

AGA: Gambling contributes $329bn to US economy

The American Gaming Association (AGA) says the economic footprint of tribal and commercial gaming in the US stood at $328.6bn (£267.9bn/ €309.9bn) in 2022. This…

10th October 2023

Iowa sports betting handle jumps to $245.8m in September

Monthly sports betting handle in Iowa increased year-on-year to $245.8m in September but revenue in the Hawkeye State declined. Players spending on sports betting in…

10th October 2023

Colorado bounces back in August as sports betting handle hits $306.1m

Consumers in Colorado spent $306.1m betting on sports in August, an increase on the same month last year, while revenue was also higher. Handle in…

9th October 2023

New York mobile sports betting revenue hits record $165.6m in September

Mobile sports betting revenue in New York reached a record $165.6m in September while handle hit a six-month nigh of $1.76bn. Revenue was up 15.6%…

6th October 2023

MGM Resorts expects $100m hit from cyberattack

MGM Resorts International expects last month’s cyberattack to have a negative impact of $100.0m on its adjusted property EBITDAR for the third quarter. The operator…

3rd October 2023

Rhode Island sports betting revenue declines in August

Sports betting revenue in Rhode Island slipped to $1.4m in August while the state’s handle was also down month-on-month and year-on-year. Revenue was 53.3% lower…

2nd October 2023

Nevada gambling revenue level year-on-year at $1.21bn in August

Gambling revenue in Nevada remained level year-on-year in August at $1.21bn, though the US state reported a month-on-month decline. Revenue was in line with the…

27th September 2023

Arizona sports betting spend hits $323.2m in July

Sports betting spend in Arizona fell for the fourth consecutive month in July to $323.2m, though this was up 11.3% year-on-year. Monthly handle in Arizona…

25th September 2023

New Hampshire reveals year-on-year sports betting decline in August

Sports betting revenue and handle in New Hampshire both declined year-on-year during August, though player spending was higher month-on-month. Handle in New Hampshire reached $38.8m…

20th September 2023

Pennsylvania sports betting revenue drops 35% in August

Sports betting revenue in Pennsylvania declined 35.1% year-on-year in August, though the US state was still able to report an overall increase in gambling revenue.…

20th September 2023

Michigan online gambling revenue rises 13.2% in August

Combined online sports betting and igaming revenue in Michigan increased 13.2% year-on-year to $175.4m (£141.5m/€164.2m) in August, with this total almost level month-on-month. Gross internet…