Finance
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…
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,…
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…
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.…
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…
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,…
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…
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…
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…
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…
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…
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…
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.…
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…