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Higher costs offset revenue growth at Red Rock in Q1
Red Rock Resorts reported an 8.0% increase in revenue for the first quarter of 2023, but a rise in spending led to a short decline…
Vermont sports betting bill passes Senate
An amended version of the Vermont sports betting bill H127 has passed the State Senate on its third reading, and will now head back to…
Regulators urge DoJ to take action on offshore gambling
A coalition of seven gaming states’ regulators has signed a letter urging that the Department of Justice (DoJ) take action on the proliferation of offshore…
Penn expects Barstool acquisition to build on Q1 growth
Penn Entertainment said its acquisition of Barstool Sports in February will build on success in the first quarter and help it achieve further growth, with…
DraftKings increases FY guidance after Q1 growth
DraftKings raised full-year guidance for revenue and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) following growth in the first quarter of its 2023…
New York greenlights $455m racing Belmont development
On May 2, New York State lawmakers approved the FY 2024 budget, which included funding for a $455m loan to renovate and upgrade the Belmont…
RSI on track for profitable second half after Q1 growth
Rush Street Interactive (RSI) remains on track to achieve profitability in the second half of the 2023 financial year following growth during the first quarter.…
Mindway AI and Doura-Schawohl Consulting enter safer gambling partnership
Mindway AI has entered into a collaboration with government relations firm Doura-Schawohl Consulting, in an effort to improve player protection measures in the US. The…
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Read now!Delaware sports betting handle continues to decline in March
Player spending on sports wagering in Delaware fell to a seven-month low in March, though the state was able to report an increase in igaming…
Digital growth helps Caesars cut net loss in Q1
Caesars Entertainment cut its net loss by 80.0% during the first quarter of 2022 following a 23.5% increase in revenue, driven by growth in Las…
Entain partners NHL Alumni Association for RG initiative
Entain has entered into a partnership with the NHL Alumni Association (NHLAA) to promote responsible gambling for ice hockey fans across the US. Under the…
RI sports betting revenue up in March despite handle decline
Sports wagering revenue in Rhode Island increased 8.1% year-on-year in March despite the US state reporting a decline in handle. Players spent $41.5m betting on…
Bally’s to outsource tech stack
Land-based and online gaming operator Bally’s Corporation has announced sports betting supplier Kambi and PAM platform solution provider White Hat Gaming will power its sports…
Colorado sports betting revenue up despite handle drop in March
Player spending on sports betting in Colorado declined 2.2% year-on-year in March, though the US state was still able to report an increase in revenue.…
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