Sportsbet, a corporate bookmaker, claims to have maintained the leading position in the Australian sports betting market over the year 2022. The company says that it reached a market share of 48 % despite the falling stake and revenue figures throughout the year.
Revenue fell, and wagering increased:
According to figures reported at the end of the fiscal year 2022 by its UK-based parent company Flutter Entertainment, Sportsbet’s 2022 revenue fell by 2% on a year-on-year basis to £1.26 billion (US$1.51 billion). On the other hand, the number of average monthly users increased by 8% to settle at 1,090,000. Also, the user count hit a record in December, when around 1,300,000 cust…
