Pope County casino licence goes up in smoke after voters pass Issue 2
Arkansas voters approved the measure by a 56%-44% margin Tuesday, according to local outlet THV11. With over $30 million (£23.2 million/ €27.8 million) in campaign contributions, the measure was the...
View ArticleLake of the Ozarks casino rejected by Missouri voters
If passed, the amendment would have cleared the way for a casino on the Osage River near the Bagnell Dam at the Lake of the Ozarks. But the measure was rejected by a 52%-48% margin on Tuesday with 20...
View ArticleMissouri voters barely approve statewide digital wagering
The margin was thin, about a half a percentage point and a 14,000-vote margin, according to the Missouri Independent. But in the end, Caesars’ short-lived opposition campaign did not kill the...
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Becher: Kambi faces “near-term headwinds” but modularisation and market...
Kambi Group reported a 30.3% year-on-year decline in bottom-line net profit during the third quarter of 2024 as a slight increase in revenue was offset by increased costs. Group revenue for the three...
View ArticleDutch Gambling Act review laments failure to achieve key player protection goals
Announced in September, the review focused on the Remote Gambling Act and its first three years since coming into law. The legal Dutch online gambling market launched in October of 2021, with the Act...
View ArticleBrazil senate president still expects betting CPI creation despite delays,...
On 8 October, senator Soraya Thronicke requested the creation of a CPI into betting in Brazil, with the aim of investigating the “growing influence of online virtual gambling games on the budget of...
View ArticleFlashscore founder Livesport acquires Spain’s BeSoccer
BeSoccer will now join the wider Livesport, running alongside Flashscore, another live score provider. The strategic acquisition, Livesport said, will add approximately 25 million monthly users to its...
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Super Group sees Africa emerge as biggest revenue contributor in Q3 as it...
In the three-month period to 30 September, Super Group accumulated profit of €8.5 million (£7.1 million/$9.1 million), falling short of the €10.6 million it generated in the same quarter of 2023....
View ArticleBesides Trump, prediction markets might have been US election’s biggest winner
Perhaps the most notable market was Kalshi, which secured approval in federal appeals court to list its political “yes/no” event contracts less than six weeks ago. Like all exchanges, Kalshi matches...
View ArticlePros and cons of Thailand casino plan
A draft of the Thailand Entertainment Complex Act, which would establish a legal casino industry in the country, is expected to reach the cabinet this year and go to parliament for debate early next...
View ArticleFull House CEO “not happy” with Q3 as net loss remains
Revenue during the three months to 30 September was actually higher by 5.9% year-on-year. The $75.7 million (£58.5 million/€70.3 million) surpassed $71.5 million Full House posted in Q3 2023 with...
View ArticleMGA announces first ESG seal recipients
The ESG Code Approval Seals were announced last November at the launch of MGA’s voluntary ESG Code of Good Practice, which invited licensees to submit their ESG disclosure returns. A year on, some 14...
View ArticleSportradar ups 2024 forecast after record Q3
In its financial results for the three months to 30 September 2024, Sportradar said betting and gaming content revenue and strong US market growth were the main drivers of success. Revenue increased...
View ArticleBally’s points to future developments with largely flat Q3 revenue
The company’s overall revenue total was a 0.4% decline from last year, according to an earnings report released late on Wednesday (6 November). Bally’s casino segment tallied $353.4 million, a 1.6%...
View ArticleMelco sees turnaround on improved Macau performance
In Macau, Melco beat third-quarter estimates and kicked off a strong fourth quarter, thanks to Golden Week visitation, which drew more than 993,000 people to the gaming hub, rivalling pre-pandemic...
View Article“Unfavourable hold” a drag on Penn earnings, but new products, tech are...
During the presentation Snowden pointed to “unfavourable hold” in the northeast and a decline in the number of customers visiting casinos in the south due to weather and construction as drags on...
View ArticleGambling Commission: Youth gambling rates consistent in 2024, though problem...
The 2024 Young People and Gambling Report features responses from 3,869 people within the 11-17 age group. Ipsos conducted research in schools, with pupils completing online self-completion surveys in...
View ArticleOlympics and Euros drive 49.4% gaming revenue jump for Banijay’s Betclic in Q3
Revenue in the Banijay Gaming division amounted to €342.4 million (£284.7 million/$369.9 million) in the three months to 30 September. This comfortably surpasses the €229.3 million reported in Q3 of...
View ArticleNew York mobile sports betting handle hits record $2.32 billion in October
Data from the New York Gaming Commission shows a 14.9% year-on-year increase in player spending. The October figure also surpasses September by 15.4% and clears the existing record of $2.12 billion,...
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DraftKings Q3 revenue grows, but early Q4 NFL struggles force another FY24...
DraftKings’ revenue guidance for the calendar year now sits at $4.85 billion to $4.95 billion, down by around 5% at the midpoint from the prior projections of $5.05 billion to $5.25 billion. Adjusted...
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