Finance
NH sports betting market grows year-on-year in February
Sports wagering handle and revenue in New Hampshire both increased year-on-year in February, though the state also reported month-on-month declines. Player spending for the month…
Mississippi sports betting handle continues to decline in February
Sports wagering handle in Mississippi fell again in February, with the US state reporting a month-on-month and year-on-year decline. Consumers spent $39.8m betting on sports…
Michigan online gambling revenue reaches $170.8m in February
Online gambling revenue in Michigan increased 17.6% year-on-year in February, though the US state experienced a month-on-month decline. Total gross receipts from commercial and tribal…
Louisiana online sports betting handle slips to seven-month low in February
Consumers in Louisiana spent $175.7m betting on sports online during February, the lowest monthly total since August 2022 and a year-on-year drop of 16.7%. The…
Massachusetts sports betting revenue reaches $2.0m in opening month
Sports betting revenue in Massachusetts amounted to $2.0m during the first full month of regulation in February. The US state opened its legal sports betting…
Pennsylvania gambling revenue up 21.6% in February
Gambling revenue in Pennsylvania increased by 21.6% year-on-year in February, driven by significant growth across the sports betting and online slots sectors. Revenue for the…
Bill to end sports betting excise tax revived
Representatives Dina Titus (D-NV) and Guy Reschenthaler (R-PA) have reintroduced a house bill to end the federal excise tax on legal sports bets. The Discriminatory…
NJ gambling revenue up 10.4% year-on-year in February
Gambling revenue in New Jersey climbed 10.4% year-on-year during the month of February, with growth in almost all market sectors. Revenue for the month amounted…
Commercial gaming revenue grows 21.1% to $5.05bn for January
Commercial gaming revenue in the US hit a new record of $5.05bn in January, according to the American Gaming Association (AGA), with sports betting’s contribution…
HeadsUp target of reverse triangle merger
Gaming operator and media business HeadsUp Entertainment has announced it has identified and been identified by an acquiring company as a target for a reverse…
Delaware igaming spend falls again in February
Consumer spending on online gambling in Delaware fell for the second consecutive month in February, while sports betting handle fell to a six-month low. Players…
Bally Sports operator bankrupt
The Bally Sports regional networks broadcaster Diamond Sports Group filed for chapter 11 protection in the US Bankruptcy Court for the Southern District of Texas,…
Century Casinos hits record revenue in FY while net profit dips
Century Casinos reported operating revenue of $430.5m (£355.8m/€402.2m) for the 12 months ended 31 December 2022 – a record high for the operator. The total…
FansUnite secures additional funding from Tekkorp
Toronto-listed gaming group FansUnite Entertainment has raised an additional CAD$2.0m (US$1.5m) in funding from a non-brokered private placement featuring Tekkorp Capital. FansUnite launched the placement…