Finance

30th November 2021

Nevada smashes handle record with $1.10bn staked in October

Nevada set a new monthly record for sports betting handle in October, as total gaming revenue across the state grew 48.5% to $1.22bn. The state’s…

30th November 2021

FansUnite reveals 22.5% year-on-year revenue growth in Q3

Sports betting and igaming operator and supplier FansUnite Entertainment posted a 22.5% year-on-year increase in revenue for the third quarter of its 2021 financial year,…

29th November 2021

Webis expects return to profit with revenue set to climb 28.3% in FY2021

Webis Holdings, the owner of the advance-deposit wagering operator Watchandwager.com, has forecast a net profit of $824,000 in its 2021 financial year following an anticipated…

25th November 2021

Iowa sports betting dashboard: November 2021

Iowa’s sportsbook operators reported a combined handle of $280.8m in October, up by 33.5% as mobile revenue gains were offset by a decline in retail.…

22nd November 2021

PNG launches scholarship program to increase diversity in STEM

Penn National Gaming has announced the launch of a new Science, Technology, Engineering and Mathematics (STEM) scholarship program in partnership with Historically Black Colleges and…

18th November 2021

State of the Union: New Jersey, Sportradar, DraftKings and more

This week’s State of the Union, in partnership with Segev LLP, includes some strong financial performances in the third quarter for companies and states alike,…

18th November 2021

Mississippi sports betting handle hits all-time high of $83.5m in October

Mississippi consumers wagered a record $83.5m on sports in October, while the state’s revenue reached its highest total since October 2019. Revenue for the month…

18th November 2021

New Jersey smashes betting handle record with $1.30bn in October

Sports betting revenue hit an all-time high in New Jersey during October as players spent a record $1.30bn wagering on sports, while online casino revenue…

17th November 2021

Pennsylvania gaming revenue reaches record high in October

Pennsylvania operators enjoyed a record breaking month in October, with total market revenue jumping 33.0% year-on-year to with $425.9m. Parx Casino led the way in…

17th November 2021

Strong US performance helps Sportradar revenue increase in Q3

Sports data supplier Sportradar has recorded revenue figures of €136.8m ($158.7m/£115.1m) for the third quarter of 2021, representing a 29.9% increase on the same period…

17th November 2021

New York gaming revenue grows but betting revenue down in October

The New York Gaming Commission has recorded gaming revenue figures of $60.4m for October, representing a 54.1% increase on the same time last year.  October’s…

17th November 2021

DraftKings secures Kansas market access with Boot Hill Casino

DraftKings has entered into a sports betting deal with the manager of Boot Hill Casino, allowing it to enter the Kansas online betting market if…

16th November 2021

GGR declines despite turnover increase for Elys in Q3

Elys Game Technology reported a gross gaming revenue (GGR) of $10.3m, a decrease of 9.3% year-on-year, despite turnover rising in the third quarter of 2021.…

15th November 2021

Playmaker turns a profit in Q3 following Yardbarker acquisition

Sports media company Playmaker has recorded revenue figures of $4.8m for the third quarter of 2021, after not generating revenue in the corresponding period in…