Online gambling participation among British people aged between 18 and 24 increased by around a quarter in the year ending March 2014, according to the latest omnibus survey from the UK Gambling Commission.
Ahead of the upcoming first quarter earnings season for U.S. regional casino operators, analysts at Wells Fargo have written that they have “started warming up” on the sector’s prospects in the medium-term.
Paddy Power has become the fourth sportsbook to have led GamblingData’s In-Play Tracker (IPT) survey in terms of football events, marginally edging out previous football king William Hill in the latest Spring 2014 report.
Switzerland’s casinos registered their sixth year-on-year revenue decline in a row during 2013, giving up further ground within an overall Swiss gambling market worth an estimated CHF2bn (€1.64bn).
The European lotteries to have published 2013 sales and prizes data in the year-to-date have consistently failed to report any meaningful growth in gross gaming revenue, impacted by a sustained transition in player activity towards high-payout games.
Panama’s gambling market registered its lowest rate of growth for over a decade in 2013, as momentum slowed ahead of the planned summer 2014 launch of a $105m Sun International-operated casino at the 930ft Trump Tower in Panama City.
Social casino market leader Caesars Interactive Entertainment grew its fourth quarter social and mobile game revenues by 21.4 percent sequentially to a record $90.7m, as the unit improved upon its already lofty monthly yields per paying player.
William Hill, Betfair, Paddy Power and Ladbrokes grew their combined active customer base at the fastest rate in five years during fiscal 2013, but the average yield per customer across the group of four registered its sharpest decline.
A boom in sports betting and online instant win gaming characterised the 2013 performance of Finnish lottery and betting monopoly Veikkaus, while the recently-launched transnational Eurojackpot draw continued to cannibalise sales of traditional lottery games.
GamblingData estimates that the world’s 16 top-earning casinos grew consolidated adjusted EBITDA by 17 percent to $12.8bn in 2013 - a year in which Venetian Macau usurped Marina Bay Sands to take first place in the global comparison.