Kambi powers three of the top 10 rated US betting apps
Summary: The Swedish betting solutions provider’s betting app ranked well in Eilers & Krejcik’s Q1 testing report. Why it matters: Kambi has lost high profile clients such as DraftKings recently, but three Kambi-powered betting apps: Barstool Sportsbook, Sugar House and BetRivers featured in the top 10 of Eilers & Krejcik’s Q1 app testing report.The news […]
Bally’s to announce Q1 2022 results May 5
📅 May 5, 2022 – 5:00 AM (PDT) – Earnings callGoogleiCalSource: Press releaseWhat to watch for Bally’s, which has announced plans to launch its digital sportsbook in virtually every market it can earn a license, has only gone live in a handful of states while it continues building its own tech platform; the upcoming earnings […]
FDJ turnover up 10.2%, revenues up 14% as Ontario goes live
Summary: The French state lottery grew revenues 14% in 2021 and is prospecting for B2B sports betting business in North America Why it matters: Française des jeux’s B2B unit supplies the Ontario Lottery and Gaming Corporation with its sports betting solutions.Group-wide stakes were up 10.2% to €5bn and revenue was up 14% to €613m.Lottery made […]
Betway, bet365 make Ontario app download headway
Summary: Penn National’s theScore took 50% of betting app downloads in Ontario since regulation on April 4, but a closer look at the long term data shows a different trend. Why it matters: The headline figures make for good reading for the Score and recording half of all downloads is positive for the group, but […]
‘Clear argument’ that iCasino leads to land-based cannibalization
Summary: In a first-quarter earnings preview, the team at Deutsche Bank suggest the presence of icasino in key gaming states might be responsible for the sluggish GGR trends over the past three months. The analysts show that casino GGR in New Jersey, Pennsylvania and Michigan has “materially lagged” the revenues in seven non-icasino states. Why […]