Gaming – FairOdds Network

April 22, 2025

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..

April 22, 2025

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..

April 17, 2025

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..

April 16, 2025

Dutch deposit limits and tax hike impact FDJ United Q1 revenue

FDJ United's online betting revenues were significantly impacted by tightening regulation in the UK and increased taxes in the Netherlands.

In its Q1 results, published on 15 April, FDJ United reported total gaming revenue (GGR) of €925 million ($1 billion/£791,934), up 30% year-on-year.

However, online betting, through its Kindred business, was down 10% to €231 million in the first three months of the year. This was despite active players increasing 10%.

FDJ United pointed to increased taxation in the Netherlands and stricter regulations in the UK as causing an adverse impact on its earnings.

Notably, online betting and gaming revenue excluding the Netherlands and the United Kingdom was up by almost 8% on the previous year.

Revenue in the Netherlands dropped 41% in Q1, following the implementation of an almost 4% tax increase to 34.2% of GGR. The operator’s revenues were also squeezed by the introduction of deposit limits in the Netherlands.

“We were impacted by increas..

April 14, 2025

KSA reports falling GGR, following deposit limit introduction

The Dutch regulator Kansspelautoriteit (KSA) has reported that market GGR for legal gambling has fallen since the introduction of deposit limits, despite growing account numbers.

For the full year, KSA reported in its spring report that gross gaming revenue (GGR) in 2024 was €1.47 billion ($1.58 billion/£1.2 billion), up 6% year-on-year.

However, in the second half of 2024, GGR was 10% lower than in the first half of the year at €697 million. KSA’s GGR numbers cover the 12-month period ending 31 December 2024.

Impacting the results are KSA protection measures that came into force last October.

“This decrease is probably due to both the peak during the European Football Championship in June 2024 and the new rules that should better protect players in the online gambling market,” KSA stated.

New rules included deposit thresholds connected to a player’s net deposit during a calendar month. If a gambler’s net deposits reach €700 (£583/$777) in a month, operators are obligated to block..

April 11, 2025

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..

April 10, 2025

Techno Offshore faces €1.2 million Dutch fine over illegal activity

Dutch regulator Kansspelautoriteit (KSA) has issued a €1.2 million (£1 million/$1.3 million) fine to Techno Offshore, the company behind the Nolimitbet.com and Simplecasino.com brands, for illegal activities in the country.

KSA said Techno Offshore was illegally offering games of chance to Dutch players through the websites without the relevant licence. Operators can only offer online gambling in the Netherlands after securing approval from the regulator.

Detailing the charge yesterday (9 April), KSA said Techno Offshore did not take the sufficient measures to block Dutch players. The regulator also flagged the operator for not checking players’ ages upon registering and for running prohibited features including autoplay.

Setting out the charge in full, KSA said it first investigated Techno Offshore in April last year. It established the operator was based in the British Virgin Islands and hold a licence from the Kahnawake Gaming Commission for the two websites.

At the time, KSA sa..

April 2, 2025

Norway regulator orders blocking of 57 illegal websites

Norway gambling regulator Lotteritilsynet has ordered the blocking of 57 websites it deems to be operating in the county illegally.

Some 23 companies are behind the sites that have now been blocked in Norway, the regulator revealed yesterday (1 April). This is the first round of blocking initiated by Lotteritilsynet as part of a crackdown on unlicensed activities.

DNS blocking works by redirecting players from the illegal websites to a page hosted by their internet service provider. This page sets out how while the site the consumer was trying to access is illegal, they were not breaking the law by trying to gamble on the site.

Lotteritilsynet lawyer Silje Sægrov Amble said blocking illegal websites will help tackle issues related to gambling harm in Norway.

“Blocking illegal websites will help fewer people develop gambling problems,” she said. “These are the games that have the highest risk. They are designed to get you hooked and you can lose a lot of money in a short time.”

War..

March 31, 2025

Weekend Report: NZ tackles gambling influencers, plus PropSwap-Bally Bet, Ladbrokes-Chester Racecourse deals

Welcome to the Weekend Report, where iGB looks at the news that you may have missed across Friday, Saturday and Sunday.

New Zealand authorities crack down on gambling influencers

First, authorities in New Zealand have launched a crackdown on social media influencers promoting offshore online gambling websites.

According to RNZ, the department of internal affairs (DIA) has issued its first takedown notices of influencers promoting illegal operators. Those that fail to comply could face hefty fines, the DIA warned.

The New Zealand Gambling Act makes it illegal to publish an advertisement for an offshore, unlicensed gambling operator.

“We’ve been investigating this,” director of gambling regulatory services Vicki Scott said. “We will be taking actions in relation to those influencers who are very publicly and clearly breaking the law.”

Malta regulator issues illegal gambling website warning

The Malta Gaming Authority (MGA) is also strengthening its activity to tackle illegal gambl..

March 31, 2025

BVGroup moves into SaaS model with Rhino Entertainment new brand partnership

Gibraltar-headquartered BVGroup has entered into a strategic partnership with Rhino Entertainment Group to operate the latter's new global brand, Puntit.

Aimed at the global market, Rhino Entertainment’s new brand Puntit will offer customers access to both online sports betting and casino games. It will use BVGroup’s SaaS model to operate the brand using proprietary technology.

BVGroup said the link-up, announced today (31 March), marks a “significant” milestone in its expansion into software-as-a-service (SaaS).

It also owns inhouse UK brands BetVictor Casino and Heart Bingo and operates Betano’s UK offering, as well as Parimatch UK, via its platform.

The operator has started onboarding strategic partners via an SaaS framework. This allows third-party operators to run on BVGroup’s platform but also maintain full operational control of their brands.

Incidentally, Rhino, also a multi-brand operator, has become the first partner to leverage BVGroup’s SaaS model. The deal marks..

March 27, 2025

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..

March 25, 2025

Tag: Gaming