New Jersey gambling revenue up in April despite land-based decline
Total revenue was comfortably higher than $462.7m in April last year. However, the figure fell 3.0% short of the $526.6m reported in New Jersey in March this year. Beginning...
Kansas sports betting bill signed into law
Senate Bill 84 was approved on 12 May after the Senate presented it to governor Laura Kelly earlier this week. The bill allows sports betting to be included under...
Brazil: How does religion influence gambling regulation?
In Latin America (LatAm), somewhat surprisingly, no country has an official state religion. However, many associate Christian denominations with the region, finding LatAm in general synonymous with...
DraftKings’ Ontario licence approved six weeks after market opens
The US-based operator has been registered as an operator by the Alcohol and Gaming Commission of Ontario, a final step before it actually receives the licence. DraftKings’...
Americas aid Playtech’s B2B growth as dialogue with Caliplay continues
Published today (22 May), the update covers Playtech’s performance in the four months to 30 April. Playtech does not release quarterly financial results, instead opting to release...
US growth helps power Sportradar revenue to €167.9m in Q1
The United States was responsible for €25.7m of Sportradar’s revenue, more than double the total from Q1 of 2021. Meanwhile, €86.7m came from rest-of-world betting solutions, up...
Paf issues tax warning on profitability despite record 2023
In what was another financially positive year for Paf, revenue was 6.9% higher year-on-year. The operator also had a 23.0% rise in net profit to €55.1m, another new...
Mississippi sports betting handle up 7.9% in April
Consumers in Mississippi wagered $35.5m (£28.7m/€33.9m) on sports during the month, up from $32.9m in April 2021 but 25.9% down from $47.9m in March this year. Revenue slipped...
Illinois house approves gambling tax rate hike
On Sunday (26 May), Illinois’ FY2025 budget was approved by senators. This included the tax rate for gambling operators rising from the current 15%. The current rate...
Speedy acquisitions drive Paf to record revenue in 2021
Group revenue for the 12 months to 31 December 2021, Paf said, was 19.5% higher than €113.0m in the previous financial year. Revenue from the operator’s online...
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