Michigan’s iGaming And Sports Betting Industry Surpasses $1B Mark For The Year, Even As June Dips
A big factor contributing to the sports betting revenue plunge was a $48.2 million free play deduction taken by MGM Grand Detroit/BetMGM.
July 19, 2024
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Finance
Pennsylvania Gaming Revenue Surges In June, Driven By 18.6% Year-Over-Year iGaming Increase
While iGaming has spiked, traditional gaming forms such as retail slot machines and table games are neither increasing nor decreasing much.
July 18, 2024
Rhode Island Continuing iGaming Growth With New Revenue High Of $2.25 Million In May
Online slots contributed 72% of the total NGR in May, collecting $1.6 million, while online table games made up the remaining 28%.
July 2, 2024
Tribal Gaming Reaches New High, Tops Out At $41.9 Billion For FY23
Tribal gaming revenue experienced year-over-year growth of approximately $1 billion, or 2.4%, compared to the historic FY 2022 revenue.
June 28, 2024
Pennsylvania Gaming Revenue Continues To Grow, Online Play Accounts For 41.6% Of May Total
Of the $521 million in total gaming revenue, $216.9 million came from online gambling — iCasino, online sports betting, iPoker, and DFS.
June 19, 2024
Michigan’s Online Gambling Market Thriving, May Revenue Up 28.9% Year-Over-Year
The month of May closed with online gaming revenue of $239.5 million, compared to $185.8 million collected in May 2023.
June 19, 2024
Pennsylvania Online Casinos Rake In Revenue In April, Up 26% YoY
The state's online gaming market continues to grow, while the 17 retail casinos are collectively losing ground.
May 17, 2024
iGaming Gives New Jersey Gambling Revenue A Boost In April, Up 10.4% YoY
New Jersey's gaming market saw an increase in revenue in April, although much of the growth was driven by online gaming.
May 16, 2024
Flutter Q1 Revenue Up 16% YoY, as FanDuel Continues Driving Growth
In iGaming, the company added exclusive access to World of Wonka online slots, a popular brand in land-based slot play that quickly became FanDuel's leading iGaming title.
May 20, 2024
Light & Wonder Sees Q1 Revenue Up 13%, Powered By SciPlay
Gaming, iGaming, and social gaming all saw double-digit revenue growth year over year.
May 9, 2024
DraftKings Cuts Net Loss, Raises 2024 Guidance As Q1 Revenue Soars 53%
"DraftKings is off to an outstanding start in 2024 and we're excited to be raising our outlook for the year," said CEO Jason Robins on Friday.
May 3, 2024
PENN Entertainment Reports $115M Q1 Loss After Lower-Than-Expected ESPN Bet Numbers
The company did see Y-o-Y growth in online gambling monthly active users, but so far, ESPN Bet spend per user has been less than expected.
May 2, 2024