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    Online betting and gaming technology provider GAN has said that stronger-than-expected demand for its sports betting services in the US helped to drive gross operator revenue up 202.7% year-on-year during the third quarter.

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    The Rhode Island Lottery has reported a month-on-month increase in sports betting revenue in August after punters spent over $10m (£8.1m/€9.2m) on legal wagering during the month.

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    Nevada’s sportsbook handle for the month of August remained behind New Jersey for August, despite a 22.1% increase to $287.8m, while overall casino revenue slipped back below $1bn at $952.4m.

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    Betting exchange operator Smarkets slipped to a pre-tax loss of £8.9m (€10.0m/$11.0m) in the 12 months ended December 31, 2018, despite recording a sharp increase in trading volume for the period.

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    Czech lottery and gaming giant Sazka Group has reported a 6% year-on-year increase in gross gaming revenue to €908.5m for the first half of 2019, while profit for the period was boosted by the sale of its Croatian business to Emma Capital.

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    Licensed operators generated $2.2m in revenue from the first sixteen days of legal wagering in Iowa, with the William Hill-powered offering at the Prairie Meadows Racetrack and Casino leading the market over the period.

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    Sports betting revenue in New Jersey was up 174.0% year-on-year in August, while the US state also saw revenue increases within its online gambling and land-based casino markets.

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    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 Lago Resort & Casino and Resorts World Catskills.

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    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, with a roll out planned for the start of the National Football League season.

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    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 betting operator was able to more than double revenue for the period.

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    Increased B2C revenue resulting from Playtech’s 2018 acquisition of Italy’s Snaitech offset a decline in B2B revenue for the gaming solutions giant in H1, though the deal also resulted in increased depreciation and amortisation, and financial costs, which hit profits.

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    Mississippi’s regulated sports betting market has recorded a month-on-month decline in revenue for July, with amounts wagered also down over the month.

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    The first 16 days of legal wagering in New York have seen revenue of $349,468 generated across two licensed venues. The bulk of revenue was generated from the Schenectady-based Rivers Casino & Resort, which opened its sportsbook on 16 July.

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    Operators in Pennsylvania handled a record $59.3m on sports bets in July as the online sportsbook handle doubled to $39.0m and overtook retail figures for the first time.

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    GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.

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    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.

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    Australia’s Tabcorp has reported revenue of AUD$5.5bn (£3.08bn/€3.32bn/$3.71bn) for its financial year ended 30 June, 2019, strong growth in lottery revenue offsetting a decline in revenue from its Wagering & Media division over the year.

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    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 Casino at Charles Town Races maintaining its leadership of the market. 

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    Online betting and gaming technology provider GAN has cited ongoing growth in the US sports betting and igaming markets as the main driver of a 128.3% year-on-year increase in revenue during the second quarter.

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    Rhode Island’s regulated sports betting sector has enjoyed its strongest month to date, with revenue hitting a new high of $2.2m in June. 

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