Gambling Clear News
US commercial gambling remains on course for a record year as revenue of $16.17bn (€14.9bn/£13.0bn) was generated during the third quarter. Figures released by the American Gaming Association’s (AGA) for the three months to 30 September show US gambling revenue was up 6.1% year-on-year. This was the 11th straight quarter of annual revenue growth and
Scout Gaming Group said it remains focused on efforts to make the business profitable after a reduction in costs allowed it to slash its net loss during Q3. Revenue was slightly down year-on-year in Q3 at Scout, but a reduction in spending helped its bottom line. Scout said this improved its year-to-date performance, allowing it
Ontario-based sports betting and igaming operator NorthStar Gaming posted a 135.0% jump in gross gaming revenue to CA$4.7m (£2.7m/€3.1m/US$3.4m) during Q3, driven by an expanding customer base and diversified offering. NorthStar in particular hailed its “Insights” content-proprietary editorial features, which offer players advice and guidance on betting. In Q3, players who read this content had
Dutch gambling regulator Kansspelautoriteit (KSA) has warned Holland Casino that it could face a penalty or have its igaming licence withdrawn if it does not address issues with its control database (CDB). The case has been rumbling on for some time, with KSA first contacting Holland Casino in late 2021. The Dutch regulated online gambling
Raketech has posted a third consecutive record revenue total of €21.5m for Q3 2023, driven by an all-time high organic growth rate of 66%. As a result of Raketech’s record Q3 revenue, The Malta-based affiliate business also raised EBITDA by 16.5% year-on-year. This was attributed to the development of its Japan-facing Casumba brand and growth within
Australian gaming machine supplier Ainsworth Game Technology has commenced a strategic review amid widespread reports that it is seeking a buyer. New South Wales-headquartered Ainsworth confirmed it has appointed Macquarie Capital as its financial advisor to undertake a review of all potential opportunities available. No expressions of interest have been received from suitors, the ASX-listed
Members of the British gaming industry will roll out a series of campaigns as part of Safer Gambling Week 2023, which begins today (13 November). Safer Gambling Week 2023 is an annual initiative that encourages all industry members to promote responsible betting. It is jointly run by the Betting and Gaming Council (BGC), the British
Gross gambling revenue (GGR) in Lithuania increased by 15.2% year-on-year to €161.0m (£140.8m/$172.1m) during the nine months to 30 September, driven by growth within the remote gambling sector. Revenue was comfortably higher than the $139.8m reported in the same period last year. The Gaming Control Authority, which regulates gambling in Lithuania, recorded growth across both
International Game Technology (IGT) has partnered with Ponce Plaza Hotel & Casino to launch online and retail sports betting in Puerto Rico. Under the technology and services agreement, IGT will use its PlaySports solutions to power the Ponce Plaza sports betting offering. Ponce Plaza is located in the city of Ponce on the Puerto Rico
Betclic Everest Group has seen a surge in new players deliver double-digit revenue and earnings growth in the year to date. FL Entertainment, which owns the group, said its Betclic and Bet-at-home brands generated €718.5m revenue during the year to 30 September. That nine-month figure was up 21.3% year-on-year at constant currencies. For Q3, revenue
