Daily news

  • daily_news

    A group of major gambling operators have announced that they will donate any profits from this Saturday’s virtual Grand National event to the UK’s National Health Service (NHS).

  • daily_news

    iGaming operator and supplier Newgioco has reported a decline in sports betting revenue in March, though this has been mitigated in part by growth in other verticals.

  • daily_news

    Poland’s Association of Employers and Employees of Bookmakers has called on the country's government to step in and help the sector avoid significant job losses as a result of the novel coronavirus (Covid-19) pandemic.

  • daily_news

    Sports betting revenue in Rhode Island totalled $2.3m in February, representing a significant improvement on the loss of $890,623 posted in the same month in 2019.

  • daily_news

    The Delaware Lottery has revealed that sports wagering revenue in the state amounted to $159,800 in February, representing a huge year-on-year increase, but a sharp decline on the total generated in January 2020.

  • daily_news

    Nevada casinos brought in $1.04bn in revenue while sportsbook revenue grew to $38.1m in the last full month before the novel coronavirus (Covid-19) pandemic led to a near-total shutdown of casinos and global sport.

  • daily_news

    New Zealand Racing and the TAB have taken the decision to close all retail sites and temporarily suspend racing after the national government announced that it would move the country to Alert Level 4 of the Covid-19 alert system later today (25 March).

  • daily_news

    Gambling software supplier GAN has reiterated its confidence in its 2020 forecast, which projected revenue of $37m-$39m, even as the novel coronavirus (Covid-19) affects its sports betting vertical.

  • daily_news

    Catena Media has reported a 5.7% year-on-year increase in revenue for the two months to 29 February, with the affiliate marketing giant saying that it anticipates further growth amid the novel coronavirus (Covid-19) pandemic.

  • daily_news

    888 Holdings has reported a rise in customer activity across its casino and poker services, but the online gambling operator warned its sports betting business is likely to suffer as a result of cancelled events worldwide.

  • daily_news

    British industry body The Betting and Gaming Council has written to the Chancellor of the Exchequer after the gambling industry was excluded from all forms of business rate relief intended to ease the impact of the novel coronavirus (Covid-19) pandemic.

  • daily_news

    Sportech has said that impairment costs related to a sports bar asset in Stamford, Connecticut, in the US meant losses widened in 2019, but the betting technology provider was able to report a year-on-year increase in total revenue.

  • daily_news

    The Pennsylvania Gaming Control Board (PGCB) has reported a marginal rise in market revenue for February, despite a 79.4% month-on-month decline in the sports betting vertical.

  • daily_news

    Sports wagering revenue in Mississippi amounted to $2.1m, representing both a year-on-year and month-on-month decline for the state’s market.

  • daily_news

    Ladbrokes Coral and bwin.party operator GVC Holdings has estimated that the suspension of all horse racing in the UK until the end of April will lead to an earnings decline of £20m-£25m, on top of yesterday’s (16 March) reduced earnings guidance.

  • daily_news

    Flutter Entertainment, the parent company of Paddy Power Betfair and FanDuel, has warned that the cancellation of sports events around the world due to the global Covid-19 pandemic could lead to a £110m (€121.3m/$136.0m) decline in earnings before interest, tax, depreciation and amortisation (EBITDA).

  • daily_news

    The New Jersey Division of Gaming Enforcement (NJDGE) has reported a year-on-year increase in revenue across all market sectors in February, despite the sports betting sector reporting a significant month-on-month decline.

  • daily_news

    DraftKings' revenue increased year-on-year for 2019 and but losses widened, as its merger with SBTech approaches, but the operator remains confident of seeing earnings exceed $1bn in the long-term.

  • daily_news

    Iowa has reported net receipts of $755,334 from its sports betting licensees in February, down 76.6% month-over-month, after losses in the retail channel offset marginal growth in online revenue. 

  • daily_news

    New York’s four commercial casinos have reported losses of $179,593 from sports betting in February, with del Lago the only venue to actually generate revenue during the month.

Pages