Sports betting operator PointsBet has hailed news that Australia's National Rugby League and Australian Football League will return in May and June respectively, saying it would aid a business that has performed strongly despite the novel coronavirus (Covid-19) pandemic.
Betfair will once again allow exchange wagering on the Australian National Rugby League (NRL) after the two parties agreed finalised a new integrity deal, though the agreement has forced the operator to increase the commission it charges on customer winnings.
Sweden's liicensed gambling operators reported revenue of SEK5.90bn in the first quarter of 2020, down 1.4% from 2019, according to new figures from regulator Spelinspektionen and the Swedish Tax Agency.
Nigeria's National Lottery Regulatory Commission (NLRC) has assured sports betting operators in the country that the national government will continue to provide support to help businesses remain viable drying the novel coronavirus (Covid-19) pandemic.
The Horserace Betting Levy Board (HBLB) is to increase the amount of prize money on offer during the first 10 weeks of UK horse racing when the sport returns in June, to help offset money lost during the novel coronavirus (Covid-19) enforced suspension.
The New Jersey Division of Gaming Enforcement has reported a 68.9% year-on-year drop in gaming revenue for April, after the novel coronavirus (Covid-19) pandemic shut down casinos and suspended sporting events.
Exclusive data from H2 Gambling Capital lays bare the decline in British betting and gaming gross win as a result of novel coronavirus (Covid-19), though iGB's principal data partner suggests the igaming sector should help the sector rebound.
The Iowa Racing and Gaming Commission (IRGC) has reported an 87.2% month-over-month decline in sports betting revenue for April, after the novel coronavirus (Covid-19) pandemic all but cleared the sporting calendar and shuttered the state’s casinos.
PointsBet posted a 139.7% increase in net win revenue to AUD$18.7m (£9.7m/€11.2m/US$12.2m) in the third quarter of its fiscal year on the back of Australian and US growth, but costs continued to outpace revenue as the operator fell to a $15.5m loss for the year.
Lithuania's regulated gambling market saw revenue for the first quarter of 2020 fall 2.8% year-on-year to €25.9m, with an increased online contribution not enough to offset land-based declines caused by novel coronavirus (Covid-19).
Sports betting services provider Kambi Group has reported a year-on-year rise in revenue and profit for the first quarter, despite its business being impacted by the global novel coronavirus (Covid-19) pandemic.
Canadian media business theScore has revealed that an increase in spending, mainly related due to its expansion efforts in North America, led to it posting a net loss of $14.6m in the first half of its financial year.
The Delaware Lottery has reported a year-on-year fall in sports betting revenue for March, but the $571,486 generated by operators during the month was higher than the total collected in February 2020.
The Pennsylvania Gaming Control Board (PGCB) saw gambling revenue in the state more than half in March due to the widespread shutdown of casinos and postponement of sports events as a result of the novel coronavirus (Covid-19) outbreak.