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Business
May 17, 2023
Michigan Operators Report $195.7M in April Revenue
In spite of yet “another massive month” recorded by Michigan’s online gaming market in terms of revenue for April, the overall market inclusive of online casinos and sports betting operators marked a 9.6% decrease compared to figures from the previous month. Here is a quick rundown according to data from the Michigan Gaming Control Board. […]
Casino
May 17, 2023
Century Casinos Inks Sale Leaseback Deal for Canadian Portfolio
Century Casinos, a major NA gambling company, has penned a definitive sale-leaseback deal with VICI Properties. The deal will see the former company sell the assets of four of its properties in Alberta, Canada. The properties in question are Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in […]
Business
May 17, 2023
Catena Enjoys Strong First Quarter but Revenue Dips Slightly
Catena Media released its latest report, revealing data regarding the company’s financial performance between January and March this year. In Q1, 2023, the company reported total revenue of €35 million ($37.9 million). This result, when compared to the €36.9 million ($40 million) result from the corresponding period in 2022, marked a decrease of 5%. Adjusted […]
Industry
May 17, 2023
NJ Casinos Brace for a Strong Summer Season despite Slight April Dip
The Associated Press published information about the performance of the New Jersey gambling industry in April. While the total revenue increased, traditional casinos experienced a slight decline. In April, operators in the Garden State reported total gambling revenue of $462.7 million. This figure represents an increase of 9.5%. However, the state also reported that the […]
Sports
May 17, 2023
Better Collective Brings in a Record-Breaking Quarter
The first quarter has proven a good one for the company which brought in €88 million ($95.57 million), representing a growth of 30%, and an organic growth of 23%. Recurring revenue stood at €41 million ($44.5 million), the company said, which was a growth of 75. Better Collective’s Success Continues in Q1 2023 EBITDA before […]
Business
May 16, 2023
Lottomatica’s Impressive Q1 Financials Bolster Its Post-IPO Ambitions
Lottomatica’s results largely mirror the broader trend in the Italian gambling industry, which has seen significant growth in recent years. Rising revenues across the board should fuel the company’s ambitions after it went public on the Borsa Milan Exchange, hopefully surpassing its projected targets. Despite the global financial instability, Lottomatica hopes to ride the expected […]
Industry
May 16, 2023
AGA: US Gaming Set New Records in Q1 2023
The American Gaming Association (AGA) has published its quarterly Commercial Gaming Revenue Tracker report, highlighting the performance of the US gaming market. According to the association, another quarterly record was set. In the first three months of 2023, the US gaming industry recorded a quarterly record of $16.6 billion in revenue. This marks the industry’s […]
Business
May 12, 2023
Mohegan Reports Double-Digit Growth in Fiscal Q2 2023
Mohegan Tribal Gaming Authority released its second fiscal 2023 quarter report on Thursday posting double-digit increases across the key performance metrics, but net loss for the period more than tripled. Mohegan Digital Is Pulling Its Weight Net revenue for the three months ended March 31, 2023, was $405.8 million, registering an increase of 13.2% from […]
Business
May 11, 2023
GAN Is Optimistic about 2023 Despite Suboptimal Q1 Results
GAN, a major NA B2B provider of iGaming technology provider and an International B2C operator of online sports betting, has published its Q1 2023 report, highlighting its performance during the three months ended March 31. GAN reported total revenue of $35.1 million, representing a slight 6% year-on-year decrease. Both the B2B and B2C verticals were […]
Business
May 11, 2023
Codere Online Net Gaming Revenue Soars in Q1 2023
The leading online gambling operator in Latin America and Spain, Codere Online, released a new trading update, revealing details regarding its performance for the first quarter of 2023. The recent preliminary figures reveal that the company enjoyed a busy quarter and has seen strong growth in net gaming revenue which hit €39.5 million ($49.1 million) […]
