FanCash links Fanatics Sportsbook to merch business, and gives it a leg up
The difference is Fanatics isn’t so much using sports betting to bring customers to its brick-and-mortar locations. Instead, sports betting can drive consumers to buy more gear....
XLMedia’s new focus on US betting pays off as H1 EBITDA exceeds $10m
Since the prior year’s results, XLMedia changed the structure of the divisions within the business, as part of a wider restructuring effort. Rather than a single sports...
Weekend Report: Brazil names betting chief, Bet365 fined in NJ
New secretary of sports betting named in Brazil In this week’s Weekend Report, Giovanni Rocco Neto, previously a counsellor in Brazil’s ministry of sport, will oversee the...
FDJ to pursues new investment opportunities following H1 growth
Lottery growth was apparent during both the first and second quarters, with FDJ saying the positive trend it noted during the early part of the first half...
Gaming Realms targets further growth after revenue and profit rise in H1
Total revenue for the six months to 30 June was a record £13.6m (€16.1m/$17.8m). This is 18.3% more than H1 last year and slightly higher than Gaming...
Casino closures push Macau to worst-ever monthly revenue in July
Total revenue for the month was MOP398m (£40.2m/€48.0m/$49.2m), down 95.3% from MOP8.44bn in July 2021 and significantly lower than MOP24.45bn in 2019 prior to the pandemic. The...
US lawmakers decry sports betting practices while introducing SAFE Bet Act
Legal sports betting became a states’ rights issue in 2018, when the US Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA). Since then,...
31.2% of bettors say gambling ads led to “unplanned” spend
The study – by researchers Universities of Glasgow and Stirling, led by Heather Wardle – used data from two surveys, one of 2,412 regular sports bettors and...
Brazil bank federation chief wants credit card betting ban brought forward
Normative Ordinance No 615, published back in April, stipulates using credit, crypto cash a, payment slips or cheques is to be prohibited. Only electronic money transfers...
Sega Sammy struggles to reach pre-pandemic revenue in Q1
Entertainment made up JPY52.7bn of the total sales in the quarter ended 30 June, up by 11.1%. This was followed by Pachislot and Pachinko machines at JPY10.5bn,...
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