News
SuperDraft to expand into igaming with Game Play Network
Fantasy gaming operator SuperDraft has announced plans to launch igaming supplier Game Play Network’s technology platform, which allows customers to play casino games for real…
Lower handle means Delaware betting revenue dips month-on-month in April
Revenue from sports betting in Delaware declined 7.4% month-on-month in April, as player spending fell to a year-low of $5.5m during the month. Total revenue…
FanDuel chief executive King to step down, delaying spin-off plans
Matt King, chief executive of Flutter Entertainment-owned FanDuel Group, has announced his intention to step down from his role and leave the business. King has…
Sports IQ raises $7m in seed funding as leading sports execs invest
Sports betting technology supplier Sports IQ has raised $7m in series seed funding, with the intention to invest it into live sports betting services and…
Lottery growth sees IGT return to profit in Q1 as revenue exceeds $1bn
International Game Technology (IGT) posted a net profit of $92m in the first quarter of its 2021 financial year, after growth within its lottery business…
Illinois betting handle smashes records again in March
Sports wagering revenue in Illinois grew 25.1% month-on-month to $44.3m in March, while handle hit a record high of $627.6m, up 23.1%. FanDuel remained on…
Paysafe reports Q1 revenue increase but losses also grow
Payments platform Paysafe saw a $17.7m rise in revenue in Q1 year on year to $377.4m, but also saw $2.0m net loss increase because of…
Enteractive makes US market debut with New Jersey license
Player retention services supplier Enteractive has expanded to the US market with a service license granted by the New Jersey Division of Gaming Enforcement (NJDGE).…
Wynn Resorts records Q1 revenue decrease but lower costs shrink losses
Wynn Resorts recorded revenue figures of $725.8m (£514.2m/€597.1m) for the first quarter of 2021, representing a 23.9% decrease from this time last year. Casino revenue…
Colorado sports wagers reach $2.34bn in first year of regulation
Consumers in Colorado wagered a total of $2.34bn on sports during the first year of legal wagering in the state, while gross gaming revenue in…
Wynn Interactive to spin off and trade on Nasdaq with SPAC merger
Wynn Interactive, an online-focused subsidiary of Wynn Resorts, is to merge with special purpose acquisition company (SPAC) Austerlitz Acquisition Corporation I (Austerlitz I) and list…
“Structural changes” lead to revenue growth at Full House in Q1
Full House Resorts put a 36.8% year-on-year increase in Q1 revenue year down to structural changes within the business, while the land-based casino operator was…
Bally’s posts Q1 revenue increase but losses rise because of non-operating costs
Bally’s Corporation has posted revenue figures of $192.3m (£135.9m/€158.1m) for the first quarter of 2021, representing a 76.3% increase from this time last year. Gaming…
Lottery and digital offset low machine sales as SG cuts Q1 losses
Gambling technology giant Scientific Games saw revenue grow and losses decline in the first quarter of 2021. Growth in its lottery, digital and social gaming segments…