McBookie, a subsidiary of FansUnite Entertainment, has shown significant year-on-year growth, in terms of turnover and gross win on both their sportsbook and casino verticals.
Annual turnover in 2021 across both channels increased to $63.2 million CAD (US$ 49.6 million), up from $37.5 million CAD in 2020, an increase of 69%. Sportsbook turnover increased 53%, from $14.7 million CAD to $22.5 million CAD (US$ 17,7 million), whilst casino turnover was up from $22.7 million CAD to $40.6 million CAD (US$ 32 million), a 79% increase.
As a result, the gross win across both channels increased by 49%, to $2.8 million CAD (US$ 2,2 million) from $1.9 million CAD, with the Gross Margin up from $0.71 million CAD in 2020 to $1.03 million in 2021, or 38% and 37%, respectively.
Scott Burton, CEO of FansUnite.
“McBookie continues to produce significant growth year after year and has positioned themselves as the go-to sportsbook for the Scottish sports audience. Kicking off 2022 with the second-best month in the company’s 10-plus-year history, while seeing increases in both their casino and sportsbook turnover, is a credit to their leadership and a testament to the brand’s imprint on their region. We look forward to further growth in 2022,” said Scott Burton, CEO of FansUnite.
McBookie has continued the strong 2021 performance with outstanding results in January, which produced a combined gross win across Sportsbook and Casino of $465,000 CAD.
Press Release: @fansunite | $FANS $FUNFF
FansUnite’s @McBookie Ltd increases their #grosswin by 54% in 2021 and starts January 2022 with the second best month in their 10+ year #history.
UK-based #operator sees 69% turnover rise year-on-year
PR Link: https://t.co/npY7RVyo3m pic.twitter.com/YZckDrbiET
— Thesis Capital Inc. (@ThesisCap) February 7, 2022
“The last 12 months were extremely encouraging for McBookie and we expect to back that up in 2022 with even stronger results thanks to the significant backing of FansUnite and their team. Moving forward, we are looking to take up some really exciting opportunities in the Scottish marketplace and take the business to the next level,” stated Damian Walker, Director of McBookie.