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Casino & games – FairOdds Network

Tag: Casino & games

Pennsylvania gambling revenue reaches record $574.5 million in March

Gambling revenue in Pennsylvania totalled $574.5 million (£429.7 million/€499.7 million) in March, a new monthly record for the state despite declines across sports betting and land-based casinos.

Revenue in March was 3.6% more than in the same month last year and 20.4% above the total for February. The Pennsylvania Gaming Control Board (PGCB) published the latest monthly statistics yesterday (21 April).

Pennsylvania sets new igaming revenue record

Igaming was once again the star of the show in Pennsylvania, generating a record $238.2 million in revenue. This surpassed March of 2024 by 24.7%.

Online slots accounted for $179.5 million of this total, a year-on-year rise of 32.5%. Internet table games revenue also climbed 5.8% to $56.2 million, while online poker revenue was up 3.3% to $2.6 million.

Hollywood Casino at Penn National Race Course and its online gaming partners collected the most revenue. In total, their revenue from online gambling across slots, tables and poker in Mar..

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Michigan igaming revenue hits record $260.5 million in March

Online gambling revenue in Michigan increased 6.7% during a mixed March, with igaming revenue in the state reaching an all-time high but the sports betting market reporting decline.

Total revenue from online gambling hit $293.5 million (£219.4 million/€255.1 million). This was ahead of March last year and 9.3% more than $268.5 million in Michigan in February 2025.

Data published by the Michigan Gaming Control Board also showed adjusted gross receipts, after promotional spending, topped $260.7 million. The total beat March 2024 by 17.9% and was 10.3% higher than February.

Another igaming record in Michigan

Igaming revenue in March reached $260.5 million. This beat the previous monthly record, set in January, by 5% and surpassed last year by 20.9%.

Adjusted gross receipts from igaming amounted to $246.1 million, another new record and 26.5% higher year-on-year.

BetMGM and MGM Grand Detroit retook the lead with $69 million in total igaming gross receipts. The partnership also herald..

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New Jersey igaming revenue reaches record $243.9 million in March

Igaming revenue in New Jersey hit a record $243.9 million (£184.2 million/€214.5 million) in March, although the Garden State reported declines across both sports betting and land-based casinos.

Total gambling revenue topped $546.1 million, data released on 16 April from the New Jersey Division of Gaming Enforcement (NJDGE) shows. This beats March last year by 3.7% and is also 12.6% clear of February this year.

As was the case in the first two months of the year, igaming drew the most revenue during March. Land-based casinos have traditionally been the primary source of gambling revenue in New Jersey, but continuous growth in the igaming sector has seen it fall behind in recent months.

Igaming revenue up 23.7% in March

Revenue from igaming during the month was 23.7% higher year-on-year. It is just the fourth time igaming has drawn the most gambling revenue in a single month in New Jersey.

Breaking down the market, $241.3 million of all this revenue came from “other authorised game..

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Gambling Commission outlines rates per licence for statutory levy

The UK Gambling Commission has clarified the rates each licensee will have to pay for the new statutory levy, which the government hopes will raise £100 million (€115.3 million/$130.7 million) for harm prevention against gambling.

The UK statutory levy came into effect on 6 April, having been included in the previous government’s Gambling Act white paper in 2023 with the belief operators weren’t paying their fair share to support gambling harms under the voluntary levy.

Gambling minister Baroness Twycross told the Betting & Gaming Council’s (BGC) AGM in February the new UK statutory levy was a “huge step forward” for the gambling sector, with the hope it will reduce problem gambling.

On Monday (7 April), the Gambling Commission released an update on the levy including the rates each licence holder will be required to pay, with online gambling generally set to face the highest rate.

What are the statutory rates?

The statutory levy rates are as follows:

Online gambling licence typ..

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Brazil betting CPI chief demands further laws to restrict online gambling access

Senator Soraya Thronicke, rapporteur of the parliamentary inquiry commission (CPI) on betting in Brazil, has urged politicians to back news bills to restrict consumers' access to online gambling.

Thronicke voiced her concerns at Tuesday’s (25 March) meeting of the betting CPI, which was established in November last year amid increased concerns over the impacts of gambling, ahead of the legal online market launch in Brazil on 1 January.

On Tuesday, Thronicke called upon the congress to establish new laws to restrict the population’s access to online betting sites.

She also criticised the long delay between the initial passing of legislation in 2018 and the final approval in December 2023. Many blamed the proliferation of illegal sites during that period for ongoing concerns over betting addiction in Brazil.

“We need to make it increasingly difficult [to access online betting sites],” Thronicke said at the hearing. “We are here to make amends. We need to legislate to minimise th..

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European gross gambling revenue tops €123.4 billion in 2024

Gross gambling revenue (GGR) in Europe hit €123.4 billion (£103.1 billion/$133.4 billion) in 2024, a 5% year-on-year increase, according to data from the European Gaming and Betting Association (EGBA) and H2 Gambling Capital.

Published yesterday (24 March), “European Gambling Market – Key Figures 2025 Edition” covers all European Union member states, plus the UK. It includes analysis of provisional data for both the online and land-based gambling markets during 2024.

Online drives gambling revenue growth

Growth was evident across online and land-based gambling activities, but the former saw the steepest increase in GGR. In total, provisional online GGR climbed 11.7% year-on-year to €47.9 billion, or 39% of total GGR for the year.

Gaming accounted for €24.6 billion of this figure, with €23.2 billion attributed to casino-type games, including slots. In total, online casino games drew 45% of all internet gambling GGR during 2024.

Online betting revenue topped €16.2 billion, of which..

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Massachusetts sports betting handle slips to eight-month low in February

Player spending on sports betting in Massachusetts fell to its lowest monthly amount since July last year during February, although the state was able to report year-on-year growth across handle and taxable revenue.

Total spend by sportsbook customers in February hit $628.2 million (£484.5 million/€578.5 million). This surpassed last year by 15.8% but was 17.6% behind January’s betting handle in Massachusetts.

Data released yesterday (20 March) by the Massachusetts Gaming Commission show online handle topped $618.6 million in February. Retail sportsbooks also processed $9.6 million in total wagers.

As for taxable gaming revenue, this reached $65.6 million. It beat the previous February by 24.7% but was 30.5% less than January’s $94.4 million record haul.

Breaking this down, online betting generated $65.4 million of total revenue. The retail sector was responsible for $205,391 of the overall monthly amount in Massachusetts.

In terms of hold, the statewide figure for February stood ..

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Finland gambling reform bill enters parliament

Finland’s government has submitted a bill on its proposed new gambling framework to the country’s parliament, raising hopes of hitting online gambling trade body Rahapeliala Ry’s target of passing laws by mid summer.

Presented yesterday (20 March), the bill sets out a new-look gambling market for Finland. The main change in regulations would be opening up the country’s online gambling market to private operators, following in the footsteps of its Nordic peers Sweden and Denmark.

At present, Veikkaus holds a monopoly on online gambling, across lottery and online sports betting and casino games. Should the bill pass in its current form, this setup would stop by the end of 2026. Veikkaus will, however, keep exclusivity for lottery and scratchcards, as well as retail gaming machines and casino games.

Previous guidelines have said operators could apply for licences from 1 January 2026, when the new regulations officially come into effect. This would be with the view of the new-look mar..

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Michigan sports betting revenue up in February despite lower handle

Gross online sports betting receipts in Michigan increased 50.8% year-on-year in February despite a reduction in player spending, while the state also reported growth within its igaming market.

Combined gross online casino and sports betting receipts in February totalled $268.5 million (£206.4 million/€246.0 million). This is 22.9% more than last year but 18.9% behind January in Michigan.

Figures published on 18 March by the Michigan Gaming Control Board also include adjusted totals for February. Total adjusted gross receipts – after promotional spending – across sports betting and igaming was $236.3 million, up 29.8% year-on-year but 17.9% less than January.

Mixed news for sports betting

Breaking down the data, sports betting gross receipts totalled $46 million, up from $30.5 million last year. Adjusted gross sports betting receipts were 110.9% more than the previous year at $27.2 million.

As for how much players spent, handle for the month was $379.8 million, some 31.6% less tha..

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Sports betting decline hits Pennsylvania gambling revenue in February

Gambling revenue in Pennsylvania declined 4.4% year-on-year in February, with the state’s sports betting market slipping to its lowest monthly revenue total in three years.

Total commercial gaming revenue in Pennsylvania hit $477.3 million (£367.9 million/€437.6 million). This was short of $499.1 million in February last year and also 9.8% behind January 2025.

Sports betting operators struggle

Breaking down data published yesterday (18 March) by the Pennsylvania Gaming Control Board, the standout figure is another drop in sports betting revenue. The sector has now seen revenue decline for three consecutive months, although February’s drop is perhaps the most striking.

Gross sports betting revenue was just $7.4 million, down 75.3% and the lowest since February 2022 when a $442,847 loss was recorded. Online wagering actually generated $10.4 million in revenue, but a $2.9 million loss from the retail market led to the overall figure being lower.

The decline came despite a 14.4% incre..

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New Jersey: igaming draws most gambling revenue again in February

Igaming was once again the main source of gambling revenue in New Jersey during February, while overall market revenue in the Garden State increased 5.1% year-on-year.

Total monthly revenue reached $484.8 million (£373.5 million/€444 million). This beats February 2024 but was 12.5% behind January this year, the New Jersey Division of Gaming Enforcement (NJDGE) reports.

Growth was apparent across two of the state’s three core markets, with both igaming and sports betting seeing increases. This was only partially offset by a drop in land-based casino revenue.

Igaming revenue rises 14% in New Jersey

Starting with the primary source of revenue, igaming, revenue increased 14% year-on-year to $207.8 million. This was only the third time that igaming drew the most gambling revenue in a single month in New Jersey.

Breaking this down, $205.4 million came from “other authorised games”, including slots, up 14% from last year. The other $2.4 million was attributed to peer-to-peer poker, a ris..

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