Finance

18th March 2021

Churchill Downs raises $500m through senior notes offering and term loan

Racing and gambling operator Churchill Downs Incorporated (CDI) has raised a total of $500m through a term loan and an offering of senior notes. Both…

5th March 2021

AGS revenue down 48.6% in 2020

Gaming technology supplier AGS has released its financial results for the fourth quarter and full year 2020, showing total revenues of $167.0m, down 48.6% from…

8th February 2021

Wynn to raise $630.6m through new share sale

Wynn Resorts expects to raise around $630.6m as it launches an underwritten public offering of 5.5m shares of its common stock, with an option to…

27th January 2021

Tennessee sports betting handle jumps to $180.9m in December

The Tennessee Education Lottery (TEL) has published sports betting figures for December, the second month of legalized wagering in the US state, during which revenue…

14th January 2021

theScore hails Q1 media revenue growth as betting handle soars

Canadian betting and media business theScore saw revenue fall 7.6% year-on-year in its first quarter, with a record performance from its media division offset by…

4th January 2021

Felicia Hendrix to step into Penn National CFO role

Casino operator Penn National Gaming announced that executive vice president and chief financial officer David Williams stepped down from his role as of December 31,…

17th December 2020

New York sports betting revenue doubles in November

Gross gaming revenue from sports betting in the state of New York doubled year-on-year in November to $2.6m, according to new figures published by the…

10th December 2020

Detroit casino revenue halves in November amid latest Covid-19 closures

Revenue from the three commercial casinos in Detroit, Michigan more than halved in November following a temporary order closure issued by Governor Gretchen Whitmer in…

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18th November 2020

Mississippi sports betting revenue down 28.7% in October

The Mississippi Gaming Commission has reported a 28.7% year-on-year decline in sports wagering revenue in October, despite the state’s handle increasing by 27.5%. Revenue for…

18th November 2020

PA posts record igaming and sports betting revenue in October

Record online gambling and sports betting revenue in October drove overall market revenue in Pennsylvania up 12.9% year-on-year, according to new figures from the state…

16th November 2020

Record month for betting & igaming drive NJ revenue growth in October

Gambling revenue in New Jersey increased by 15.0% year-on-year in October, as the state posted record monthly revenue for sports betting and online casino. Overall…

11th November 2020

Detroit commercial casinos post $101.4m in revenue for October

Detroit’s three commercial casinos reported $101.4m in revenue for October, including $7.6m from sports betting, while the Michigan Gaming Control Board has approved the renewal…

9th November 2020

US acquisitions drive Century Casinos to record growth in Q3

Century Casinos has credited increases in revenue and profit for the third quarter to the impact of its acquisition of US casino properties from Eldorado…

6th November 2020

Full House sees net profit rocket in Q3 following casino reopenings

Full House Resorts has reported a 721.8% year-on-year rise in net profit for the third quarter, as the regional US casino operator’s properties rebounded from…

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