Tag: Results

Analyst forecasts BetMGM loss now, profit soon

3 February 2025 at 10:28am UTC-5
Tomorrow’s earnings update from BetMGM will be a “material catalyst” for shares of co-parent Entain, according to Jefferies Equity Research analyst James Wheatcroft in a ...

Rhode Island reports record US$3.6 million in igaming revenue for December

31 January 2025 at 7:23am UTC-5
Rhode Island generated more than US$3.6 million in net gaming revenue last month, the Rhode Island Lottery has reported. Revenue from online gaming in December eclipsed the ...

Ontario players break online gambling spending record in third quarter

24 January 2025 at 4:46pm UTC-5
Players in Ontario spent CA$22.7 billion on igaming in the third quarter of 2024, eclipsing the previous year by 32 percent and 22 percent more than second quarter of this ...

New Hampshire online sports betting handle hits more than $71 million in December

24 January 2025 at 4:40pm UTC-5
New Hampshire’s online sports betting handle reached US$71 million in December, a slight decrease from the previous month when online sportsbooks generated US$75 million. The ...

Michigan breaks monthly igaming revenue record to end 2024

22 January 2025 at 1:29pm UTC-5
Michigan online casinos collected over US$244 million in gross receipts in December 2024, collecting US$219.6 million in igaming adjusted gross receipts. Both figures are ...

Pennsylvania Gaming Control Board reports record igaming revenue in December

20 January 2025 at 8:06am UTC-5
The Pennsylvania Gaming Control Board, which is responsible for licensing and regulating casino and sports betting operators within the state, has reported record monthly igaming ...

Illinois reports US$1.5 billion sports betting handle for November 2024

15 January 2025 at 4:46pm UTC-5
The Illinois Gaming Board has released its November 2024 online sports wagering report, showing US$1.49 billion in total handle, an 11% increase compared to November 2023's $1.34 ...

Vermont sports betting generates revenue of US$1.6 million in December

15 January 2025 at 1:14pm UTC-5
Vermont’s Department of Liquor and Lottery has reported US$1.6 million in assorted gross online sports betting revenue and a total handle of US$24.4 million for December. The ...

Delaware generates $7.6 million in total revenue for December

13 January 2025 at 6:19am UTC-5
Delaware net gaming revenue hit more than $7.6 million in December, according to figures from the Delaware Lottery. This was a 23.5% month-on-month increase compared to ...

Arizona sees US$53.5 million in sports betting revenues for November, 30% less than October

9 January 2025 at 6:10am UTC-5
The Arizona Department of Gaming announced its sports betting figures in a press release today, with bettors wagering US$791 million in revenue, a 22% year-on-year increase ...