No love at home for Svenska Spel as revenue drops in 2019
Former monopoly operator Svenska Spel took a hit on both its revenue and profits in 2019, following the launch of Sweden’s reformed gambling market. CEO & President Patrik Hofbauer described
Former monopoly operator Svenska Spel took a hit on both its revenue and profits in 2019, following the launch of Sweden’s reformed gambling market. CEO & President Patrik Hofbauer described
Stockholm-listed Betsson Group saw its revenue drop by 10% year-on-year (YoY) in Q4 2019. The operator, headquartered in Malta, pointed to tax changes and other challenges as contributors. In the three-month
XLMedia has warned that its revenue could take a hit, due to recent algorithmic updates from Google. Recently, the affiliate marketing company’s shares declined by 29.4% after it announced changes
Online gambling revenue in Portugal continued to climb in Q3 2019, thanks to the popularity of sports betting and casino. The country has now broken its revenue record for a seventh
Mobile betting is helping to drive revenue growth in regulated EU iGaming markets. Recent statistics show that 43% of bets last year were placed via mobile or tablet, up 4%
The four licensed sportsbooks in New York reported a decline in revenue in November, continuing the previous month’s downward trend. Earnings amounted to $1.3 million in total. This was 41%
Higher stakes couldn’t prevent UK online gambling from suffering its first-ever revenue decline, the UK Gambling Commission has revealed. According to newly-released statistics, total gambling revenue in Britain dropped 0.3% year-on-year
William Hill has reported a year-on-year revenue increase, for the time period between July 3rd and October 29th. The bookmaker believes that much of this is down to its expansion
Sports betting revenue in Pennsylvania didn’t change by much in October, but the amount that sportsbooks handled rose considerably. Pennsylvania’s October sports betting market: the key statistics In total, sports
LeoVegas’ revenue in Germany took a “20-30%” hit because of PayPal ceasing to accept online casino payments, according to the operator. The digital wallet was ordered by German authorities to
Rhode Island sports betting revenue has almost tripled month-on-month to a total of $2.5m for September, where they have seen an increase in retail betting accompanied by the first contribution from mobile.
Swedish Gaming Authority (Spelinspektionen) has reported a 3.4 per cent month-on-month decline in online gambling revenue for the third quarter, ahead of it publishing full results for the period. Online gaming
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