The fastest growing firms in sportsbook and casino in H1

This week the Online Gambling Quarterly investigates which firms grew the fastest in H1 2017 across key verticals.

Analysts used net revenues where reported and gross revenues or turnover if necessary.

Sports betting – for more data click here

• Average growth – On average, betting revenues grew in H1/2017 (compared to the previous year) by +10%.
• Median growth – The median growth rate was +8%.
• Top growth rate – The best growth was achieved by 888 with +35%. This above-average increase of 888Sport is a benefit of the group’s launch into Italy as well as of an expansion in its range of markets and the offer of live markets.
• Lowest/negative growth – At the bottom of the ranking we find Mybet and Betsson. The decrease in Betsson’s figures in H1/2017 is mainly due to a revenue drop in Q1/2017 (-15%) that was the effect of currency fluctuations in TYR and low sportsbook margins.

Online casino – for more data click here

• Average growth – On average, revenues grew in H1/2017 (compared to the previous year) by +17%.
• Median growth – The median growth rate was +21%.
• Top growth rate – The best growth by an operator was achieved by Stars Group (PokerStars) with +49%. Stars Group Casino continued strong growth as the quality of the offerings continues to improve and additional jurisdictions were added. The Spanish online casino market still profits from the launch of online slots in 2015/2016.
• Lowest/negative growth – At the bottom of the ranking we find Paddy Power Betfair and Mybet.

For more information click here