News

12th May 2020

Eldorado Resorts swings to Q1 loss amid Covid-19 shut-down

Casino operator Eldorado Resorts posted a $175.6m net loss for the first quarter of 2019 after a strong start to the period was hindered by…

12th May 2020

Caesars returns to profit in Q1 despite revenue drop

Caesars Entertainment Corporation (CEC) reported $123m in comprehensive profit for the first quarter of 2020, despite experiencing a year-on-year drop in revenue due to enforced…

11th May 2020

Indiana sportsbook handle falls further in April

Indiana sportsbook revenue and handle continued to decline due to novel coronavirus (Covid-19), with sportsbooks in the state reporting revenue of $1.6m for April, down…

11th May 2020

Iowa sportsbook revenue plummets 87.2% in April

The Iowa Racing and Gaming Commission (IRGC) has reported an 87.2% month-over-month decline in sports betting revenue for April, after the novel coronavirus (Covid-19) pandemic…

11th May 2020

AGS slips to loss in Q1 as Covid-19 casino closures hit

Gaming technology supplier AGS has said that enforced closures as a result of the novel coronavirus (Covid-19) global pandemic were to blame for it posting…

11th May 2020

GAN raises $62.4m from US IPO

Gambling software provider GAN has revealed that it was able to generate a total of $62.4m from its US initial public offering, signficantly more than…

7th May 2020

Impairment charges hit Penn National bottom line in Q1

Penn National Gaming (PNG) has posted a loss of $608.6m for the first quarter of 2020, primarily due to impairment charges and the shutdown of…

7th May 2020

Wynn slips to loss in Q1 due to Covid-19 closures

Casino operator Wynn Resorts has put a net loss of $402.0m in the first quarter primarily down to the temporary closure of its sites in…

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7th May 2020

Mobile horse race betting to launch in Michigan

The Michigan Gaming Control Board has approved online and mobile betting on advance deposit horse racing after a new order from executive director Richard S.…

6th May 2020

QL Gaming acquires sports forecasting service Accuscore

Sports data and affiliate business the QL Gaming Group has acquired Finnish sports forecasting company Accuscore and raised $1.1m in a new round of funding.…

6th May 2020

OK AG: Governor lacked authority to strike tribal compacts

Oklahoma Attorney General Mike Hunter has issued an official opinion stating that Governor Kevin Stitt lacks authority to agree compacts with Indian gaming tribes that…

5th May 2020

Loto-Québec begins reopening of lottery retail network

Canadian provincial lottery operator Loto-Québec has begun to resume retail sales of its lottery product at certain venues throughout Québec.  Beginning yesterday (4 May), Loto-Québec…

5th May 2020

WV igaming market could be live by July

The West Virginia Lottery Commission has approved emergency rules for online gaming in the state, with director John Myers revealing that operators could be up…

4th May 2020

DraftKings launches online casino in Pennsylvania

Real money gaming and fantasy sports operator DraftKings has announced the launch of its new online casino product in the state of Pennsylvania. Launched in…

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