Finance

15th November 2019

NJ continues to break sports betting records in October

Licensed sports betting operators in New Jersey generated $46.4m in collective revenue for October, representing yet another new record total for the state, with market…

14th November 2019

Forex gains boost IGT Q3 profit as revenue dips

International Game Technology (IGT) has reported a marginal decline in revenue of $1.15bn (£895.7m/€1.04bn) for the third quarter of 2016, 0.3% below last year’s figure,…

14th November 2019

Delaware sports betting soars in October

Licensed sports wagering operators in Delaware generated a collective $1.7m in revenue in October, up by 287.1% on the same month last year. October was…

8th November 2019

PlayAGS slips to loss despite revenue increase in third quarter

Gaming technology supplier PlayAGS has posted a net loss of $5.5m for the third quarter, despite also reporting an increase in revenue for the period.…

6th November 2019

Caesars swings to Q3 loss after Rio sale despite revenue rise

Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment…

8th October 2019

WV sports betting revenue continues to climb in September

West Virginia’s sports betting market experienced further growth in four weeks to  September 28, as licensed operators reported combined revenue of $3.8m for the period. Punters…

2nd October 2019

Pennsylvania gambling revenue hits $3.29bn in 2018-19

State-wide gambling revenue in Pennsylvania amounted to $3.29bn in the 2018-19 financial year as the introduction of legal sports betting and higher income from slots…

13th September 2019

US growth drives revenue up at GAN in first half

Online betting and gaming technologies provider GAN has put a 145% year-on-year increase in revenue during the first half down to the growth of its…

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9th August 2019

PlayAGS sees revenues rise but net losses widen in Q2

Gaming technology provider PlayAGS has reported a 2.3% year-on-year increase in revenue for the three months to June 30, 2018, despite also seeing its net…

9th August 2019

FOBT changes and US expansion costs hit William Hill profit in first half

William Hill has cited a reduction in the maximum stake on fixed-odds betting terminals (FOBTs) in the UK and costs associated with its expansion efforts…

6th August 2019

Caesars hit by losses despite revenue growth in first half

Caesars Entertainment has reported a net loss of $532m for the first half of 2019, despite also experiencing a year-on-year increase in net revenue. The…

2nd August 2019

Scientific Games sees revenue rise and losses shorten in first half

Scientific Games has reported a year-on-year increase in revenue for the first six months of 2019, while the supplier was also able to halve its…

iGB North America Magazine Issue 41

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