The GI Newswire: 10 February 2025

Gambling Commission Q3 2024 data shows online GGY up 21% to ￡1.54bn

The Gambling Commission has published gaming figures for the UK in Q3, including both online and retail gambling. Online gross gambling yield (GGY) for the period rose 21% when compared to Q3 last year to ￡1.54bn ($1.91bn). The overall number of total bets and spins increased by 8% to a new peak of 25.9 billion this quarter. Of this, slot GGY increased 15% to ￡709m, with the number of spins increasing 9% to 23.9 billion during the period. Read the full story here.

Other stories from Europe:

• Armenia set to increase gambling turnover tax to 10% (Read)
• Riga city council proposes new gambling restrictions (Read)
• Svenska Spel Q4 2024 report includes healthy revenue share of 93.9% (Read)
• Betsson Q4 revenue up 22%; FY revenue passes €1.1bn (Read)

BetMGM reports revenue figure of $2.1bn for FY24

Operator BetMGM has posted its FY24 financial results, highlighting a net revenue rise of 7% year-on-year to a total of $2.1bn, with iGaming as the primary revenue driver, generating $1.49bn for the year. As is highlighted in figures released by BetMGM today, revenue rose by a total of 7% during the last calendar year when compared to results from 2023. Regarding these latest results, the operator finished the year strong, as its H2 2024 total revenue reached $1.1bn, surpassing the $999m generated in the first half of the year. Read the full story here.?

Other stories from North America:

• Boyd Gaming Q4 revenue totals $1.04bn; FY24 revenue up 5.4% (Read)
• Maryland casino revenue declines 0.9% to $151.8m in January 2025 as state contributions rise?(Read)
• FanDuel reports strong adoption of responsible gaming tool 'My Spend' (Read)

7777 Gaming gains supplier certification for Brazilian market

7777 Gaming has received supplier certification in Brazil, allowing it to distribute its online casino games in the country’s regulated market.?The approval enables the company to provide its content to Brazilian operators, continuing its efforts to expand across Latin America.?With this certification, 7777 Gaming is set to introduce 20 titles to the Brazilian market, including Crazy 100 Bucks, Candy Anyways and Devil’s Deal Soul for Sale. Read the full story here.

Macau January GGR declines 5.6% to $2.27bn following market adjustments??

The Macau Gaming Inspection and Coordination Bureau (DICJ) reported that total gaming revenue for January 2025 stood at MOP 18.25bn ($2.27bn), reflecting a 5.6% year-on-year decline.?The decrease marks the second consecutive month of year-on-year losses, following December 2024’s 2.0% decline.?The January 2025 figure remains slightly higher than December, though analysts had anticipated a more modest drop due to the seasonal lead-up to the Lunar New Year.?Read the full story here.

Other stories from Asia-Pacific:

• BlueBet to acquire TopSport in strategic market expansion?(Read)
• Western Australia strengthens gambling laws with increased penalties and enforcement powers (Read)
• Australian Greens propose compromise to advance gambling ad ban legislation (Read)
• PAGCOR closes underperforming casino sites in Cebu and Davao (Read)