Daily Archives: May 30, 2024

Nevada gambling revenue declines again in April

Total gambling revenue in Nevada amounted to $1.24bn (£977.0m/€1.15bn) during April, an increase on last year but the second consecutive month of decline in the Silver State.

The monthly total was 6.9% ahead of $1.16bn in April last year but 3.9% less than $1.29bn in Nevada in March this year. March was also lower than February’s total, with February having been boosted by Nevada’s hosting of the NFL’s Super Bowl.

Once again, slots proved to be the primary source of revenue for operators, generating a total of $886.8m. This is 5.9% higher than in April last year. Multi-denomination slots drew the most revenue at $586.8m during the month, a rise of 26.4%.

High-stakes slots also saw more revenue, with increases across both $25 (up 137.6%) and $100 machines (up 14.5%). In contrast, revenue from all lower-stakes machines was down year-on-year.

Blackjack and baccarat drive growth

Looking elsewhere in Nevada, revenue from table, counter and card games – including sports betting – climb..

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LiveScore Bet launches new UK and Ireland sportsbook with Kambi

LiveScore Group has rolled out its new LiveScore Bet online sportsbook in the UK and Ireland in partnership with sports betting solutions provider Kambi Group.

The launch builds on the LiveScore Bet platforms already live in Nigeria and the Netherlands. Kambi is replacing a third-party supplier to power the new sportsbook.

Confirmation of the roll-out comes after LiveScore and Kambi entered into a new sportsbook partnership in October of last year. The deal covers both the LiveScore Bet and Virgin Bet brands.

Kambi is providing its sports betting product suite for the new-look sportsbook. This offering includes a sports betting platform, managed services, AI-powered trading and Bet Builder.

In addition, the LiveScore in-house product teams will utilise Kambi’s open APIs, incentives tools and bespoke bet offer specials.

“We are delighted to have launched in the UK and Ireland with our enhanced sportsbook product ahead of the Euros and Copa América,” LiveScore Group CEO Sam Sadi sai..

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