Kambi revenue marginally lower during mixed Q1
Revenue for the three months to 31 March was €43.2m (£37.1m/$46.2m). This was only 1.8% behind the €44.0m reported by Kambi in Q1 of last year. This...
GB problem gambling rate stable at 0.2% despite increase in play
The quarterly telephone survey conduct by Yonder consulting found that of a sample of 4,018 adults aged over 16, there was a general increase in gambling activity...
Skores Media secures Stags Participations and MI3 as shareholders
The transaction forms part of a primary leveraged buyout (LBO), with the aim of accelerating the company’s development. Stags and MI3 become minority shareholders alongside the founders...
Revenue falls for transformed Sands without US operations in Q1
Net revenue was down by 21.1% year-on-year on a like-for-like basis as the operator’s Macau business continued to be affected by travel restrictions. Revenue for the first...
Arrest of senator in Minnesota could upend sports betting bill, other business
In what could be a blow to the Minnesota sports betting bill, Senator Mitchell was arrested for a burglary that she said is a family situation blown...
Swiss think tank calls for online-only licences
Avenir Suisse – an economics and social issues think tank – argued that gambling in the country is often both politicised and inefficient. It noted that politicians...
AGA survey highlights slowed but more sustainable Q1 growth in US
The AGA Gaming Industry Outlook stated the Current Conditions Index for Q1 2024 was 102.8. The AGA stated this was consistent with real annualised growth of 2.8%....
Virginia players wager $469.5m on sports in March
The March handle was 54.4% higher than $304.1m in the same month last year and 16.9% up from $401.9m in February of this year, while it fell 3.2% short of...
Bally’s hails “strong” start as revenue rises 3.3% in Q1
On the whole, Q1 proved a successful quarter for Bally’s. CEO Robeson Reeves says that the results show a “strong” start to the year, with growth across...
BetMGM and PointsBet handed Ontario penalties over marketing breaches
The BetMGM Canada arm of BetMGM was served a notice of monetary penalties totalling CA$48,000 (£29,974/€35,565/US$37,401) for alleged failure to comply with Standards 2.04 and 2.05 of...
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