Enlarged Bally’s brings in $548.2m in Q1 revenue
The revenue was a rise of 185.1% from Q1 2021, which was before the completion of Bally’s £2.0bn merger with online gaming operator Gamesys, which closed in...
DraftKings to acquire Sports IQ Analytics
Full details of the agreement have not been disclosed, with the acquisition having only been confirmed on LinkedIn by Sports IQ CEO Omer Dor. DraftKings has yet to...
Everi reports record revenue and profit in Q1
Revenue was up by 26.2% year-on-year, from $139.1m in Q1 2021. Gaming operations – which included both land-based casino and igaming revenue – made up $70.3m of...
Dave & 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...
Iowa sports betting revenue grows 37.7% in April
This came as overall sports wagering handle for the month amounted to $177.4m, up from $118.3m in 2021. Despite the year-on-year increase, over the past month there...
Detroit casino revenue dips to $109.4m in April
Total Detroit casino revenue for April amounted to $109.4m (£86.8m/€101.0m). This is only marginally lower than $109.7m in April 2023 but 11.7% less than $123.9m in March this...
BetMGM to limit presence in New York until tax rates change
During its latest investor day, BetMGM reiterated its net revenue guidance for 2022 of $1.3bn (£1.06bn/€1.25bn), up from $850m in 2021. Executives also said BetMGM’s earnings before...
Short on votes, Minnesota’s house punts legal sports betting to Friday
Two sources told iGB that bill sponsor Zack Stephenson is short on votes to pass the bill. Earlier this month, Stephenson folded the wagering bill into one...
Lottery recovery helps AGTech revenue grow by 70.2% in Q1
The company attributed this to the increase in lottery hardware sales, lottery distribution and ancillary services and the provision of electronic payment services in Macau. The growth...
Raketech names Svensson as permanent CEO
Svensson has been leading Raketech as acting CEO since Oskar Mühlbach stepped down as CEO in January. A co-founder of Raketech, Svensson was previously CEO of the group before...
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