Players in Pennsylvania spent a total of $1.26bn on legal sports wagering in the first half of the state’s 2019-20 financial year, while revenue for the regulated market reached $91.4m during the period.
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.
Spain’s regulated online gaming market has reported a 5.4% year-on-year increase in gross gaming revenue for the third quarter of 2019, with the growth of online casino again supported by the recovery of the sports betting vertical.
The Pennsylvania Gaming Control Board (PGCB) has reported a 0.4% month-on-month increase in sports betting revenue to $14.9m (£11.5m/€13.5m) for October, while igaming revenue was also up 19.5% to $4.9m for the month.
Bragg Gaming Group has reported revenue of CAD$10.0m for the third quarter of 2019, while starting tomorrow, the business will have a new finance chief as bwin.party veteran Stephen Prowse takes over the role from Ashkay Kumar.
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.
Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment costs from the company’s sale of the Rio All-Suites Resort & Casino for a lower fee than the company’s valuation.