Finance
New York sports betting revenue more than doubles in August
New York’s four commercial casinos have reported revenue of $783,896 for August, with the market benefitting significantly from the launch of legal wagering at del…
theScore secures $40m to fund sports betting expansion plans
Digital media giant theScore has secured a CAD$40m ($48.2m) cash injection from Fengate Asset Management, to be used to fund future expansion plans for its media…
Scarcity of large jackpots drives Loto-Québec revenue decline
Loto-Québec has reported a 4.4% decline in revenue for the first quarter of its 2019-20 fiscal year, with a low number of large jackpots leading…
Rhode Island wagering revenue slumps in July
Rhode Island’s regulated sports betting market has reported a 61.5% month-on-month decline in revenue for July. However, mobile betting may soon launch in the state,…
US expansion costs see full-year losses widen for PointsBet
US expansion costs have led to a significant increase in PointsBet’s net loss for its financial year ended 30 June, though the Australian online sports…
Nevada sportsbook handle falls behind NJ in July
Nevada has once again seen its sportsbook handle fall below that of New Jersey, with customers in the state wagering a total of $235.7m in…
State of the Union: NY, PA, IA and more
The big news in this week’s State of the Union, in partnership with Segev LLP, is the Department of Justice finally confirming that it will…
Delaware sports betting revenue grows despite dip in handle
Delaware’s regulated sports betting market has reported revenue of $507,410 for the month of July, with lower customer winnings offsetting a decline in amounts wagered.…
SugarHouse leads the way in first PA igaming revenue figures
Pennsylvania’s licensed operators have generated revenue of $812,306 in the first sixteen days following the opening of the state’s regulated igaming market, with customers wagering…
State of the Union: NJ, DE, WV and more
This week’s State of the Union, in partnership with Segev LLP, sees New Jersey, Delaware and West Virginia release new revenue figures for legal gaming.…
Delaware iGaming revenue up despite lower spending
Revenue from the regulated Delaware online gaming market improved year-on-year in July, despite players spending almost $10m less than in the same month last year.…
NJ sports betting revenue recovers in July despite decline in handle
New Jersey’s regulated sports betting market has seen revenue leap to $17.9m in July, complementing slower growth from the state’s land-based and online casino verticals.…
WV sports betting off to strong start in new fiscal year
West Virginia’s sports betting market has reported revenue of $704,475.03 for the first five weeks of the state’s fiscal year, with Penn National Gaming’s Hollywood…
theScore raises $10m to fund sports betting expansion plans
Canadian media giant theScore has closed a private placement of Class A shares, raising $10m in funding for the planned launch of its sports betting…