The GI Newswire: 11 November 2024

Spillemyndigheden: Danish gambling spend drops 2.8% for September

Spillemyndigheden, the Danish Gambling Authority, has released its gambling revenue figures for September 2024. The overall spend for September 2024 was DKK 553m, which represented a 2.8% fall when compared to the same month last year. The biggest drop came in betting, which fell 22% to DKK 144m. Out of these, 63.2% of bets were placed on mobile, 14.6% on desktop and 22.2% from physical betting shops. Read the full story here.

Other stories from Europe:

• Finland to include horseracing as part of demonopolised market (Read)
• Northern Ireland calls for gambling advertising restrictions (Read)
• Norway to update its electronic bingo loss limit legislation (Read)
• BGC publishes new code handbook on fifth anniversary (Read)
• Shortlist decided for the Global Gaming Awards Europe, Middle East & Africa 2025 (Read)

New York posts highest-ever wagering handle of $2.3bn for October

The New York State Gaming Commission has released its October 2024 report, highlighting a new record sports wagering handle of $2.3bn for the month. These latest figures surpass the previous record wagering handle of $2.11bn from November 2023. Further, last October saw New York become the first US state to report a monthly wagering handle of $2bn, a figure that has evidently risen by a healthy $300m year-on-year. In September 2024, New York posted wagering handle of $2.07bn. Read the full story here.

Other stories from North America:

• Red Rock Resorts reports 13.7% Q3 revenue rise despite net income decline (Read)
• Penn Q3 results: Interactive adjusted EBITDAR at -$90.9m despite revenue growth (Read)
• Voters approve sports wagering legislation in Missouri (Read)
• Highlights: DraftKings Q3 Conference Call as revenue breaks $1bn but net loss widens (Read)

Atlaslive partners with Oddin.gg to boost esports betting in Latin America

Atlaslive has announced a new partnership with Oddin.gg, aiming to deliver a comprehensive esports betting solution tailored for Latin American (LatAm) markets. This collaboration will enhance Atlaslive’s Sportsbook services with real-time odds, live streaming and a broad selection of esports betting options available 24/7. Through this partnership, Atlaslive will integrate Oddin.gg’s esports betting ecosystem, providing LatAm operators with tools to manage live odds and engage with esports fans. Read the full story here.

EveryMatrix secures Africa-based turnkey collaboration with MBet

Supplier EveryMatrix has announced a new, Africa-based turnkey sportsbook technology partnership with MBet, which will see the integration of the OddsMatrix platform to MBet’s sports betting offering. The new deal spans across Tanzania and the Democratic Republic of Congo (DRC) and will see the addition of a range of sportsbook events, pre-live and bet builder content to MBet’s platform via the OddsMatrix product, alongside the integration of odds management control tools. Read the full story here.

Other stories from Africa:

• Betway and PSL join forces to promote responsible gambling (Read)
• NE Group teams up with Betika to introduce crash game ‘Defender’ in Africa (Read)

President Marcos orders immediate ban on Philippine offshore gaming operators

President Ferdinand R. Marcos Jr. has officially mandated a nationwide ban on Philippine Offshore Gaming Operators (POGOs) through Executive Order No. 74, halting all offshore and internet gaming activities within the country. The order, signed on 5 November by Executive Secretary Lucas Bersamin, cites concerns regarding national security, public order and economic stability. The executive order stems from findings by the Department of Finance (DOF) and the Anti-Money Laundering Council (AMLC) which indicate that the social and financial risks linked to POGO activities surpass any economic benefits. Read the full story here.

Other stories from Asia-Pacific:

• Galaxy Entertainment Q3: Revenue up year-on-year, declines quarter-on-quarter (Read)
• Melco Q3 results: Operating income up 46.4% (Read)
• Wynn Resorts reports $1.69bn in Q3 2024 revenue as net loss narrows by 72% (Read)
• Australia considers in-stadium gambling ad ban amid debate over broader restrictions (Read)