Daily news

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    Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.

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    Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.

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    Illinois Governor J.B. Pritzker has signed into law the far-reaching gaming expansion bill passed by the state legislature early in June, paving the way for the roll-out of regulated sports betting. 

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    The New Jersey Division of Gaming Enforcement has reported a 27.1% year-on-year rise in regulated gaming revenue in May, aided by land-based and online casino growth. 

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    Revenue from regulated gambling in the Czech Republic fell 21.3% in 2018 to CZK31.3bn (£1.1bn/€1.2bn/$1.4bn), with the decline down to a lower contribution from slot machines.

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    A trio of international gaming operators have entered the race to secure online gambling licences in Argentina’s capital province of Buenos Aires. There are now 10 companies competing to secure one of seven operating licences.

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    William Hill has launched its brand in the Swedish igaming market, rolling out a Kambi-powered sportsbook and a range of casino games under the WilliamHill.se domain.

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    Nevada’s licensed sportsbooks generated total handle of $596.8m in March, setting a new record for amounts wagered in a month where basketball dominated the market.

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    Swedish gaming operator Svenska Spel has reported a 5.9% decline in net gaming revenue for the first quarter of 2019, with growth in the new Sport & Casino igaming division offset by struggles in its lottery and land-based gaming units.

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    Online gaming will go live in Pennsylvania from July 15, while the state’s first online sports betting offering set to launch within three weeks, the state’s Gaming Control Board (PGCB) has revealed.

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    State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market.

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    The Nevada Gaming Control Board has reported an 11.5% year-on-year rise in sports betting handle for February, though the state also saw gaming revenue across all verticals decline marginally for the month.

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    The New Jersey Division of Gaming Enforcement (DGE) has reported a 25.6% year-on-year increase in gaming revenue in February, though the contributions from igaming and sports betting fell sequentially.

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    The strong performance of the sports betting and casino verticals helped Spanish online gaming revenue grow 25.5% year-on-year in 2018.

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    Strong growth in revenue failed to offset the impact of growing costs for Scientific Games in 2018, with the gaming solutions provider’s loss for the period growing to $352.4m (£269.3m/€310.1m). Revenue for the 12 months ended December 31, 2018 was up 9.1% year-on-year, with a marginal decline in gaming revenue - down 0.7% to $1.8bn - offset by strong growth in the social and digital divisions.

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    Finnish gaming monopoly operator Veikkaus has pledged to develop its digital offering over the next three years to ensure it doesn’t see profits cannibalised by offshore competition, after announcing slight declines in turnover and profit for 2018.

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    Italian gaming regulator Agenzia delle Dogane e dei Monopoli (ADM) has finally completed the process to award a tranche of new online gaming licences to operators, with 70 companies approved following a number of delays to the process.