Lotteries and keno helped Tabcorp’s revenues to increase to 4.4% to $2.91bn for the six months ended 31 December, 2019, even as the operator’s wagering vertical faced integration issues and the gaming services vertical struggled.
France’s online gaming market revenue grew 18.1% year-on-year to €1.42bn in 2019, thanks in part to a 27.3% increase in the contirbution from sports betting, according to online gambling regulator L’Autorité nationale de régulation des jeux en ligne (ARJEL).
French gaming giant La Française des Jeux (FDJ) has projected 5% growth in both player stakes and revenue for 2020, after a “landmark” 2019 that saw the operator list on the Euronext Paris and net revenue rise to €1.96bn.
German operator body the Deutsche Sportwettenverband (DSWV) has revealed that consumers in the country spent approximately €9.3bn (£7.86bn/$10.16bn) on sports betting in 2019, up 21% on the previous year.
Consumers in the US placed legal sports bets totalling $13bn in 2019, almost double the $6.6bn that was wagered in the previous year, according to data released by the American Gaming Association (AGA).
Penn National Gaming (PNG) has entered into an exclusive sports wagering and online casino partnership with Barstool Sports, in a deal that will also see the operator acquire a 36% stake in the digital sports media company.