DraftKings ups 2024 forecast after strong end to 2023
DraftKings has lifted its forecast for 2024 after posting positive earnings as well as soaring revenue in the final quarter…
Super Bowl wagers hit $71.5m in Pennsylvania
Super Bowl wagers in Pennsylvania totalled $71.5m (£56.8m/€66.4m), according to data released by the Pennsylvania Gaming Control Board. These were…
Connecticut report says 1.8% of state residents suffer from problem gambling
A study has found 67.8% of Connecticut residents consider the current availability of gambling in the state to be “fine”.…
Penn reports Q4 net loss of $358.8m following ESPN Bet launch
Penn Entertainment has announced a net loss of $358.8m (£258.9m/€334m) for Q4 2023, a quarter in which the operator launched…
Minnesota governor vows to pass betting bill at start of 2024 session
Minnesota governor Tim Walz has confirmed he would approve the legalisation of sports betting if lawmakers can progress legislation during…
FDJ reports “solid” 6.5% year-on-year revenue growth for 2023
La Française des Jeux (FDJ) has reported a 6.5% year-on-year growth in revenue to €2.62bn (£2.24bn/$2.81bn) for its 2023 financial…
Detroit casino revenue down 8.8% year-on-year
Detroit, Michigan's three casinos recorded $94.4m (£75.2m/ €88.0m) in revenue for January. This marked a dip of 8.8% from January…
Tennessee: January betting handle drops 5.6% month-on-month
Tennessee has reported a 5.6% month-on-month drop in handle for January, with players’ spending of $465.8m (£370.8m/€434.4m) also 9.6% down…
Study finds New York generates over 37% of all US sports betting tax
A study has revealed that New York contributes more than 37% of the total tax revenue generated from sports betting…
Maine sports betting receipts hit new high despite handle dip in January
Adjusted gross receipts from sports betting in Maine reached a new monthly high of $5.5m (£4.4m/€5.1m) in January despite a…