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Regulatory Squeeze and the Surge: Cryptocurrency Gambling Platforms' Revenue Skyrockets to $81.4 Billion in 2024

Regulatory Squeeze and the Surge: Cryptocurrency Gambling Platforms' Revenue Skyrockets to $81.4 Billion in 2024

In the context of an incomplete global regulatory framework, the total profits of cryptocurrency gambling platforms soared to 81.4 billion US dollars in 2024, five times that of the previous year.Despite strict restrictions or even outright bans by major countries or regions such as the USA, China,

32like·0comment4 days ago
Betting and online gaming drive Greek gambling group OPAP to set revenue record in 2024.

Betting and online gaming drive Greek gambling group OPAP to set revenue record in 2024.

Greek gaming group OPAP reports that its gaming gross revenue (GGR) for the fiscal year 2024 reached a record €2.3 billion (£1.93 billion/$2.5 billion), thanks to growth in its gaming and igaming sectors.Annual revenue as of December 31, 2024, was 10% higher than the previous year and current record

21like·0comment03-25
New Jersey's online gambling revenue hits new high in August

New Jersey's online gambling revenue hits new high in August

New Jersey's online gambling industry reached new heights in August 2024, with revenues hitting an impressive $198.4 million, showcasing its strong digital prowess. According to the latest data released by the New Jersey Division of Gaming Enforcement (DGE), this figure represents the highest monthl

0like·0comment2024-09-20
Titans of the Lottery World: Unveiling The Lottery Corporation's Path to Dominance with Annual Revenues Exceeding $4 Billion and Over 4.75 Million Users

Titans of the Lottery World: Unveiling The Lottery Corporation's Path to Dominance with Annual Revenues Exceeding $4 Billion and Over 4.75 Million Users

The Lottery Corporation, an Australian lottery company, recently announced its revenue, with company revenue increasing by 14% to $4 billion, and EBITDA profit increasing by 1% to $827 million.The company's active registered lottery customers grew by 500,000 this year, reaching a record 4.75 million

4like·4comment2024-09-09
Jumbo Interactive Exceeds Expectations, Fiscal Year Profit Grows 39%

Jumbo Interactive Exceeds Expectations, Fiscal Year Profit Grows 39%

Digital lottery dealer Jumbo Interactive achieved a 39% profit growth in the fiscal year 2024, exceeding analysts' expectations.Data: Jumbo reported an NPATA of $46.4 million, a year-over-year increase of 39%, higher than the market expectation of $44.7 million. Revenue grew 34% to $159.3 million, w

0like·0comment2024-09-06
The Lottery Corporation 在收入增长达到 40 亿美元

The Lottery Corporation 在收入增长达到 40 亿美元

The Lottery Corporation 报告称,收入增长 14% 至 40 亿美元,EBITDA 增长 1% 至 8.27 亿美元。活跃的注册彩票客户达到创纪录的 475 万。活跃的投资组合和头奖序列管理支持创纪录的头奖活动(Powerball 和 Oz Lotto 合计上涨 26.7%)。普通股股息总额(中期及末期股息)为16.0 cps,特别股息为2.5 cps;全年总股息为 18.5 CPS,代表 NPAT 的 100% 的支付率(未计重要项目)产生了创纪录的 $26 亿利益相关者利益,其中包括向州和领地政府征收的 $19 亿彩票税和基诺税,以及向零售企业收取的 $725m 佣金

0like·0comment2024-09-06
Despite the drop in mobile betting amounts to a low in 2024, New York sports betting revenue continues to rise.

Despite the drop in mobile betting amounts to a low in 2024, New York sports betting revenue continues to rise.

Despite the total betting amount in New York's mobile sports betting market falling to its lowest this fiscal year, the market's revenue has grown year-over-year due to an increase in total bets.According to data from the New York State Gaming Commission, sports betting expenditure in New York reach

0like·0comment2024-08-26
With real money gaming stimulating revenue growth in the second quarter, DoubleDown considers further acquisitions.

With real money gaming stimulating revenue growth in the second quarter, DoubleDown considers further acquisitions.

Social casino expert DoubleDown Interactive, after entering the real money gaming sector in collaboration with SuprNation, may consider new acquisition opportunities, although the company insists "we will absolutely not turn ourselves into a purely igaming company".In November last year, SuprNation

0like·0comment2024-08-24
Bally executives emphasized online business growth during the earnings call.

Bally executives emphasized online business growth during the earnings call.

Bally's Corp. executives achieved great success in showcasing the company's future prospects in Chicago, Las Vegas, and online. The company reported a total revenue of $622 million, a 3% increase year-over-year.Future igaming and sports betting revenues expected to growBally's digital business seems

0like·0comment2024-08-23
Kansas sports betting revenue reached $203 million in July

Kansas sports betting revenue reached $203 million in July

USA - Kansas sports betting revenue in July was $203 million, a 53.1% increase from the same period in 2023, and a 12.9% decrease from June 2024. Sports betting revenue was $9.199 million, up 34.7% year-over-year, and down 1.8% from June 2024. The hold rate for the month was 7.54%.DraftKings' revenu

0like·0comment2024-08-21
Washington D.C.'s online sports betting revenue reached $27.30 million in July

Washington D.C.'s online sports betting revenue reached $27.30 million in July

In July, the online sports betting handle in Washington D.C. was $27.3 million, a 254.1% increase year-over-year; revenue was $3.9 million, up 176.2%.Until July 17, FanDuel was the sole online sports betting provider in the region through its partnership with DC Lottery, but with the 2025 budget, a

0like·0comment2024-08-21
Portugal's online gambling revenue hits record high in the second quarter

Portugal's online gambling revenue hits record high in the second quarter

Portugal's online gambling revenue reached a record €261.8 million in the second quarter, marking the eighth consecutive quarter of growth, with a 27.2% increase compared to the second quarter of 2023.Despite strong online performance, the country's physical casinos saw a decline in table game reven

0like·0comment2024-08-20
Eurojackpot cycle helps Zeal Network increase customer numbers by 70% in the first half of the year

Eurojackpot cycle helps Zeal Network increase customer numbers by 70% in the first half of the year

The significant increase in registered customer numbers drove a 40% year-over-year revenue growth in the first half of the year for Zeal Network, with the operator reporting notable growth in both its core lottery and newly established gaming divisions.In the first half, group revenue reached EUR 76

0like·0comment2024-08-20
Manuel Stan emphasized that the company needs to operate with high concentration.

Manuel Stan emphasized that the company needs to operate with high concentration.

Manuel Stan stated in an interview, "In my view, the group previously tried to do too much, dispersing resources and leading to insufficient optimization of core products. The new board and management unanimously believe that there needs to be a high focus on operations. We are now in a more advanta

0like·0comment2024-08-19
Sportradar's revenue for the second quarter of 2024 reaches a historic high

Sportradar's revenue for the second quarter of 2024 reaches a historic high

Global sports technology company Sportradar reported that its revenue for the second quarter of 2024 increased by nearly 30% year-over-year, reaching a record €278.4 million ($306.2 million), as most of its business divisions improved their performance.Sportradar CEO Carsten Koerl highlighted the co

0like·0comment2024-08-18
Gambling.com raised its 2024 forecast after a record-breaking quarterly performance.

Gambling.com raised its 2024 forecast after a record-breaking quarterly performance.

When releasing the second quarter results for the three months ending June 30, 2024, the affiliate marketing group stated that it now expects full-year revenue to be between £123 million and £127 million, with adjusted EBITDA between $44 million and $47 million. In May, after the acquisition of Free

0like·0comment2024-08-18
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