Vasco da Gama and Betfair sign biggest sponsorship in club history
The deal between Vasco, who play in the top-flight football league in Brazil, and Betfair, will run until 31 December 2025. The agreement, despite being billed as the “biggest”, did not disclose the...
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State of the Union: A look back at the week that was in North America
Legal wagering, HHR ban bill combined in Minnesota Minnesota state representative Zack Stephenson Friday (10 May) combined his legal wagering and historic horse racing bills. The House Ways and Means...
View ArticleNew York online sports betting handle tops $1.96bn in April
Handle is 27.3% higher than $1.54bn in April last year and 6.0% up from $1.85bn in March of this year. It is also the fifth highest monthly spend total on record in New York. As for gross gaming...
View ArticleIndiana sports betting handle and revenue up in April
Total handle in Indiana in April amounted to $393.9m (£314.4m/€365.7m). This is 22.6% ahead of $321.4m last year but 21.4% short of March’s $500.8m figure. Basketball was once again the sport of...
View ArticleIowa posts year-on-year sports betting market growth in April
Player spending in April is comfortably clear of the $172.6m wagered in Iowa in the same month last year. However, the April total fell short of March’s total spend of $272.4m and also behind the...
View ArticleDave & Busters to allow betting? Not so fast, say some states
In Illinois, Representative Dan Didech, who is chairman of the house gaming committee, filed “The Family Wagering Prohibition Act” on 2 May. The bill would not only prohibit “family amusement...
View ArticleITIA bans two tennis players for corruption linked to Belgian syndicate
The ITIA has issued Alejandro Mendoza Crespo with the maximum penalty of a lifetime ban from tennis for 20 offences. Meanwhile, Jorge Panta Herreros has been suspended for three years for four...
View ArticleGambleAware urges more “compelling” health warnings for gambling
Commissioned by GambleAware, the research considers the impact of the ‘Take Time To Think” (TTTT) campaign. Many UK operators currently use the slogan to encourage responsible gambling. However,...
View ArticleEveryMatrix reports record net revenue and EBITDA in Q1
The net revenue spanned all EveryMatrix products. The company noted that this growth includes revenue from acquisitions. Adjusted for this, organic net revenue rose 65% yearly. Revenue alone hit €80m,...
View ArticleBetano named sponsor and betting partner of top Argentina football league
The top division in Argentina will now be known as Torneo Betano commencing from the opening of the season this past weekend. Meanwhile, the cup competition Copa de la Liga Profesional will be renamed...
View ArticleTennessee sports betting records further year-on-year gains
In April, Tennessee sports betting saw a year-on-year rise that was almost identical to the 20.6% recorded in March. However, wagers collected in April were well down on the $473.6m collected in...
View Article888 officially rebrands to Evoke plc
888’s full-year results saw revenue of £1.70bn for the twelve months, a rise of 37.0%, although net loss continued year-on-year – albeit much lower than in 2022. The rebrand was subject to shareholder...
View ArticleFanatics SVP of trading Wright departs after two years
Wright joined Fanatics in May 2022 from his previous position of trading director at KingMakers. Wright’s time at Fanatics saw the company launch its sportsbook offering in January 2023. With its...
View ArticleUS DoJ to Supreme Court: Florida sports betting case isn’t in your purview
West Flagler and Associates (WFA) filed a writ of certiorari with the Supreme Court in April. In its response to WFA, the DoJ essentially argues that the Florida pari-mutuel’s case has no place before...
View ArticleFlutter posts $375m net loss in Q1 despite revenue growth
For the three months to 31 March, revenue at Flutter hit $3.40bn. This is comfortably ahead of Q1 2023, with Flutter reporting growth across almost all markets, with the exception of Australia. Key...
View ArticleRevenue reaches record $8.0m at Galaxy Gaming in Q1
Revenue was higher across both the GG Core and GG Digital segments at Galaxy Gaming in Q1. While the GG Core land-based business remains its primary source of revenue, the GG Digital division posted...
View ArticleGames Global delays IPO amid “continued positive performance”
Games Global announced the launch of its IPO in early May, with 14.5 million ordinary shares made available. Of that figure, six million ordinary shares from Games Global were to be sold. The other...
View ArticleQ1 round-up: Galaxy Entertainment and Paysafe post revenue growth
Galaxy Entertainment heralded the performance of its gaming operations during Q1, with this pushing up revenue and adjusted EBITDA. Paysafe also posted healthy revenue growth but losses on foreign...
View ArticleFlutter CFO: North Carolina “won” by continued investment
Edgecliffe-Johnson made the comment during the earnings call for Flutter’s Q1 results, which were released today (14 May). Revenue was up 16.4% year-on-year to $3.40bn (£2.70bn/€3.14bn) in Q1,...
View ArticleIGT raises full-year guidance after Q1 success; net profit tops $82m
Revenue in the three months to 31 March amounted to $1.07bn (£850/€988m). This was only marginally higher than $1.06bn in the previous year but surpassed initial expectations for Q1 at IGT. Growth...
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