The GI Newswire: 17 February 2025

Danish gambling GGR reaches DKK 7.27bn for 2024

Spillemyndigheden, the Danish Gambling Authority, has released its gambling revenue figures for full-year 2024.?Overall gross gaming revenue (GGR) across the four main markets last year reached DKK 7.27bn ($1.02bn), representing an increase of 6.9% year-on-year.?Online casino GGR was responsible for nearly half of that total, with a figure of DKK 3.53bn. Read the full story here.

Other stories from Europe:

• Entain CEO Gavin Isaacs resigns (Read)
• Stake ordered to leave UK market (Read)
• Finnish Parliament holds debate ahead of new Gambling Act (Read)
• Spelinspektionen finds 71% of Swedes gambled for money in the past year (Read)
• French Council of State upholds ANJ's authority over gambling supervision (Read)

New York posts record $2.48bn wagering handle for January

The New York State Gaming Commission has posted its first monthly wagering handle figure of the year, unveiling a record-breaking $2.48bn sports betting handle for the month of January. Indeed, this latest result outpaces the previous record monthly wagering handle of $2.32bn, also achieved in New York last October, and marks the fifth month in a row that the state has posted a handle in excess of $2bn.?Read the full story here.

Other stories from North America:

• DraftKings reports nearly $4.8bn in 2024 revenue as net loss shrinks by 36.8%?(Read)
• Wynn Resorts reports $7.13bn in 2024 revenue (Read)
• High 5 Games ordered to pay nearly $25m in social casino class action verdict?(Read)

Brazil grants 21 new definitive betting licences as regulatory process continues?

The Secretariat of Prizes and Bets (SPA) has announced the approval of 21 new definitive fixed-odds betting licences, following a review of applications submitted under Brazil’s recently established regulatory framework. Of these, 20 companies had previously received provisional licences, while one had not held any prior authorisation.?With this latest round of approvals, the number of fully licensed betting operators in Brazil has increased to 35. Meanwhile, the total number of companies with either provisional or definitive authorisation has reached 69.?Read the full story here.

Other stories from South America:

• SCCG Management partners with Brazilian Actor Charles Paraventi through SCCG NextGen?(Read)
• SCCG NextGen extends sponsorship with Brazil’s Thunder Fight and Thunder Fight Center?(Read)

MGM Resorts reports record $17.2bn revenue in 2024 as MGM China surges 25%??

MGM Resorts International has posted its financial results for full-year 2024. MGM China emerged as a key driver of the company’s success, with the subsidiary outperforming market trends in Macau. The city’s overall gross gaming revenue increased by 24% year-on-year, while MGM China’s net revenue surged by 27% year-on-year to HK$31.4bn (US$4bn), outperforming 2019's pre-pandemic net revenue.?Read the full story here.

Other stories from Asia-Pacific:

• James Bidlake appointed Hong Kong Jockey Club Executive Director (Read)
• ACMA blocks eight additional illegal gambling websites (Read)
• BetMakers extends long-term pricing and data agreement with Sportsbet?(Read)