News

13th May 2020

Twin River sees Q1 momentum checked by Covid-19 closures

Casino operator Twin River Worldwide Holdings has reported a 9.5% year-on-year decline in revenue for the first quarter of the year, after a strong performance…

13th May 2020

Michigan casino revenue down 39.2% in opening four months

The Michigan Gaming Control Board has revealed that revenue generated by the three commercial casinos in Detroit was down 39.2% year-on-year during the four months…

13th May 2020

MGM Resorts reveals safe reopening plans for US casinos

MGM Resorts has set out a new strategy for safely reopening its casinos, having been forced to close venues in March due to novel coronavirus…

12th May 2020

OIGA suspends two members over state compacts

The Oklahoma Indian Gaming Association (OIGA) has voted to suspend two of its members after they signed new gaming compacts to offer Class III games,…

12th May 2020

Scientific Games Q1 revenue declines amid Covid-19

Scientific Games saw revenue decline 13.0% to $725m and losses increase to $159m as the novel coronavirus (Covid-19) hit the business in terms of both…

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…

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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…

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.…

iGB North America Magazine Issue 42

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