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Industry
July 7, 2021
Sports Betting Handle in Illinois Hits $507.3M in May
In May, the sports betting handle in Illinois reached $507.3 million, according to data released by the Illinois Gaming Board. Although the result marks a small decrease compared to April, May is the fifth consecutive month with a sports betting handle above $500 million. Illinois Records $507.3M in Sports Betting Handle for May In-person sports […]
Business
July 7, 2021
888’s Q2 2021 Post-Close Update Showed 10% Revenue Growth
888 Holdings, an online gaming group operating out of Gibraltar, released a post-close trading update, posting for the 3 months ended June 30, 2021, strong growth in revenue from B2C operations. B2C Revenue Increases 21% 888 generated in the second quarter of 2021 $247 million in B2C operations, 21% more compared to the reading for […]
Business
July 6, 2021
MGA Reports Gaming Growth but Less Contribution to Malta’s Economy
The Malta Gaming Authority (MGA) has recorded one of its highest growth rates in value, compared to other sectors, but it reports less contribution to the island’s economy. MGA Sees 2020 as an Exceptional Year In its detailed Annual Report and audited Financial Statements for the fiscal year, which ended on December 31, 2020, MGA […]
Industry
June 29, 2021
Spain’s iGaming Gross Gaming Revenue Grows by 10.2%
The Dirección General de Ordenación del Juego (DGOJ), Spain’s gambling regulator, released an update on the first quarter of 2021, showing a year-on-year increase of 10.2% in the country’s gross gaming revenue (GGR). The total GGR for the first quarter of the year was estimated at €240.1 million ($285.4M), which is an increase of 3.8% […]
Business
June 25, 2021
Penn National Gaming Projects Q2 Revenue to Stand at $1.5bn
The announcement comes after the operator unveiled the launch of a $400 million private debt offering for general corporate purposes. Penn Announces $400M of Senior Unsecured Notes Penn National Gaming expects revenue for the period April-June 2021 to range between $1.45 billion and $1.55 billion, which corresponds to an 18% increase compared to Q1. The […]
Industry
June 18, 2021
Massachusetts Casinos Surpass Pre-pandemic Gross Gaming Revenue in May
Last month, the three commercial casinos in Massachusetts raised $87 million in gross gaming revenue. Comparing this number to February 2020, when gaming revenue halted at $85.8 million, we see that the commercial casinos have reached GGR higher than pre-pandemic levels. Gaming Revenue in Massachusetts Surges in May In a report released on Tuesday this […]
Business
June 17, 2021
New Jersey Gaming Revenue Increases in May, Says Report
A new report released by the gaming regulator in New Jersey reveals that gaming revenue in May reached $374.2 million. This represents an increase of 290.4% when compared to the same period last year. NJ Regulator Reveals Gaming Revenue Report for May 2021 A new report released by the Division of Gaming Enforcement in New […]
Sports
June 14, 2021
Illinois Posts April Handle Down 15.2% Month-over-Month
Following a busy two months for the state of Illinois, April numbers fell from March by around 15.2% of the sports betting handle as the college betting craze has subsided a little. Sports Betting Handle Goes Down in April Even though it took a while, Illinois has finally produced the April sports betting results, which […]
Sports
June 14, 2021
Iowa Gamblers Make up for Lost Time as Revenue Tops $1bn in Less Than a Year
Iowa’s gambling market is running strong. The state has 19 commercial casinos, all of which were closed for 11 weeks last year because of COVID-19, and was among the early adopters of sports gambling in 2019. Since then, and despite the issues caused by the coronavirus pandemic, Iowa’s gamblers are helping the state recover quicker […]
Casino
June 9, 2021
Ohio Casinos See Third Straight Month of Revenue Improvements As May Gambling Rises
There is more evidence that the US economy is on the rebound following a disastrous year caused by COVID-19. Several states have already reported significant improvements with their gambling markets and Ohio is proving that the gains are more than just a short-term trend. The state’s 11 casinos and racinos reported significant revenue improvements for […]