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Operating profit for the period amounted to SEK 473m, a drop of 11% from 2019. The operating margin was 29%. Svenska Spel attributed the decline in Q2 revenue to the closure of physical casinos and cancellation of sports as a result of the COVID-19 pandemic. Despite this, the operator saw operating profit increase year-on-year for […]

The sports betting operator attributed the drop to the temporary closure of retail activities and disruption to sporting events as a result of the COVID-19 pandemic. Adjusted operating profit was £11.8m, a drop of 85% in comparison with 2019. Despite this, the operator saw online growth. Online net revenue increased by 1% while international online

The report by UNLV International Gaming Institute titled “The Big Questions: Sports Wagering in America,” aims to answer a broad range of questions faced by legislators and regulators and inform states’ decision making regarding legalising sports betting. GVC’s US Foundation, which promotes responsible gambling, sponsored the report and did not see the report prior to

Total betting handle for the year between 1 July 2019 and 30 June 2020 decreased to HK$218.75bn (US$28.22bn), as the pandemic wreaked havoc with the sporting calendar. However, with the operator maintaining a full-race programme with strict health and safety measures introduced, racing turnover only dipped by 3% to HK$121bn, with just one less race

Players will need to visit one of the FanDuel sportsbooks at Diamond Jo Casino in either Dubuque or Northwood Iowa, to register and activate their online and mobile betting account. This will be required until 1 January 2021, with online or in-app registrations accepted after that date. Some of the key features of the sportsbook

The Costa Rica-based company has hinted at plans to transition and relaunch in the regulated US sports betting market, in what 5Dimes is calling a new business venture. “With the evolving legal landscape in the United States, we want to take advantage of the opportunity to offer an improved online sports betting experience,” said 5Dimes

The partnership, which has been called the first between the NFL and a sports betting operator in the UK and Ireland, will also see 888sport become the official sports betting partner of the Super Bowl, and the NFL games that will take place in London during the 2021/22 season. In addition, the deal features broadcast

Across the operator’s BetRivers and PlaySugarHouse sportsbooks, the Philadelphia Eagles’ defeat to Washington was the most popular betting event in Pennsylvania, responsible for 31% of the total weekend handle in the state. While in Indiana, the Indianapolis Colts’ defeat to the Jacksonville Jaguars, was the most-wagered betting event in the team’s home state, with handle

Revenue accumulated to $326.3m, while internet gaming win was up 114% to $87.8m. Sports wagering gross revenue was $39.5m, a 60% rise, from handle of $668m ($602m of which came from online betting). Casino win was understandably the biggest faller, down 31% to $199.1m. For the year-to-date period, New Jersey gaming revenue is down 29%

The sum related to a £15m deal for BetVictor to sponsor the English Premier League champion’s training kit. Winlink claimed Liverpool owed the company £1.1m because one of its senior executives introduced club officials to BetVictor in 2013. However, Liverpool said Rafaella Valentino, its head of global partnership sales, personally negotiated the deal with BetVictor