News
Pollard Banknote continues to feel impact of instant ticket costs in Q3
Lottery solutions provider Pollard Banknote said while higher production costs for instant tickets continued to put “significant negative pressure” on margins during the third quarter,…
AGA: Q3 US gaming revenue hits record $15bn
US gaming revenue reached a record $15.17bn (£13.31bn/ € 15.1bn) in Q3, an all-time quarterly high, according to the American Gaming Association’s (AGA) Commercial Gaming…
Inspired warns of “significant” cost-cutting as Q3 revenue and profit fall
Virtuals and gaming equipment provider Inspired Entertainment is set to cut costs in its leisure division after the business reported $74.9m (£69.6m/€79.2m) in revenue for…
Playtika revenue ebbs up but operating costs rise faster in Q3
Social gaming provider Playtika recorded revenue of $647.8m (£564.1m/€643.6m) in the third quarter of the year, up by 1.9% compared to Q3 2021. Robert Antokol, CEO…
Kambi to power Liberman Media’s sportsbook launch in Puerto Rico
Kambi Group has agreed to support LMG Gaming (LMGG), owned by Puerto Rican media business Liberman Media Group, with the launch of a new sportsbook…
Voters reject both California sports betting proposals
Two different measures to legalize sports betting in California have both been defeated. While vote counting is ongoing, the Associated Press has already called both…
Mansion and Playtech extend partnership into Ontario
Online gambling operator Mansion has expanded an existing partnership with Playtech to support the launch of its Casino.com and Mansioncasino.com brands in Ontario. Under the…
Fandex receives patent for fantasy sports stock exchange
Free to-play fantasy sports stock exchange Fandex has taken a step forward towards securing its intellectual property, announcing today that it has received US patent…
Track the US sports betting market size in our dashboard
Read now!Full House targets Illinois casino launch within next three months
US land-based casino operator Full House Resorts said it plans to open its new casino facility in Illinois within the next three months, while it…
SpinAway launches in Ontario with GiG
Online casino operator SpinAway has partnered with Gaming Innovations Group (GiG) to roll out its offering in the Canadian province of Ontario. Under the agreement,…
Sports betting on ballot in California as midterms begin
Today, Californians will vote on the dueling sports betting ballot measures, Proposition 26 and Proposition 27, as polls open for the 2022 US midterm elections.…
Analysts divided on potential value of FanDuel IPO after court ruling
Analysts are divided on the value that may come from a potential FanDuel IPO, after a court ruling left the hopes of a potential spin-off…
Arbitrator rules Fox can purchase stake in $22bn-valued FanDuel
An arbitrator in New York has ruled media conglomerate Fox Corporation can exercise an option to acquire a significant stake in Flutter Entertainment-owned FanDuel Group…
DraftKings cuts Q3 losses, but shares plummet as 2023 projections spook market
DraftKings reported a 135.8% revenue increase to $501.9m and reduced losses in Q3, but projections for 2023 have led to its share price tumbling. As…
Track the US sports betting market size in our dashboard
Read now!