News

12th May 2021

SuperDraft to expand into igaming with Game Play Network

Fantasy gaming operator SuperDraft has announced plans to launch igaming supplier Game Play Network’s technology platform, which allows customers to play casino games for real…

12th May 2021

Lower handle means Delaware betting revenue dips month-on-month in April

Revenue from sports betting in Delaware declined 7.4% month-on-month in April, as player spending fell to a year-low of $5.5m during the month. Total revenue…

12th May 2021

FanDuel chief executive King to step down, delaying spin-off plans

Matt King, chief executive of Flutter Entertainment-owned FanDuel Group, has announced his intention to step down from his role and leave the business. King has…

11th May 2021

Sports IQ raises $7m in seed funding as leading sports execs invest

Sports betting technology supplier Sports IQ has raised $7m in series seed funding, with the intention to invest it into live sports betting services and…

11th May 2021

Lottery growth sees IGT return to profit in Q1 as revenue exceeds $1bn

International Game Technology (IGT) posted a net profit of $92m in the first quarter of its 2021 financial year, after growth within its lottery business…

11th May 2021

Illinois betting handle smashes records again in March

Sports wagering revenue in Illinois grew 25.1% month-on-month to $44.3m in March, while handle hit a record high of $627.6m, up 23.1%. FanDuel remained on…

11th May 2021

Paysafe reports Q1 revenue increase but losses also grow

Payments platform Paysafe saw a $17.7m rise in revenue in Q1 year on year to $377.4m, but also saw $2.0m net loss increase because of…

11th May 2021

Enteractive makes US market debut with New Jersey license

Player retention services supplier Enteractive has expanded to the US market with a service license granted by the New Jersey Division of Gaming Enforcement (NJDGE).…

11th May 2021

Wynn Resorts records Q1 revenue decrease but lower costs shrink losses

Wynn Resorts recorded revenue figures of $725.8m (£514.2m/€597.1m) for the first quarter of 2021, representing a 23.9% decrease from this time last year.  Casino revenue…

11th May 2021

Colorado sports wagers reach $2.34bn in first year of regulation

Consumers in Colorado wagered a total of $2.34bn on sports during the first year of legal wagering in the state, while gross gaming revenue in…

11th May 2021

Wynn Interactive to spin off and trade on Nasdaq with SPAC merger

Wynn Interactive, an online-focused subsidiary of Wynn Resorts, is to merge with special purpose acquisition company (SPAC) Austerlitz Acquisition Corporation I (Austerlitz I) and list…

11th May 2021

“Structural changes” lead to revenue growth at Full House in Q1

Full House Resorts put a 36.8% year-on-year increase in Q1 revenue year down to structural changes within the business, while the land-based casino operator was…

10th May 2021

Bally’s posts Q1 revenue increase but losses rise because of non-operating costs

Bally’s Corporation has posted revenue figures of $192.3m (£135.9m/€158.1m) for the first quarter of 2021, representing a 76.3% increase from this time last year.  Gaming…

10th May 2021

Lottery and digital offset low machine sales as SG cuts Q1 losses

Gambling technology giant Scientific Games  saw revenue grow and losses decline in the first quarter of 2021. Growth in its lottery, digital and social gaming segments…

iGB North America Magazine Issue 47

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