Finance
GAN files with SEC for US listing
Gambling software provider GAN has submitted a draft registration statement to the Securities and Exchange Committee (SEC) to publicly list its stock on an American…
DraftKings reveals $114.1m loss in SBTech merger statement
Diamond Eagle Acquisition Corp – the special purpose acquisition company formed as part of DraftKings and SBTech’s merger – has filed a registration document revealing…
GAN operator revenue skyrockets thanks to US growth
Gambling software supplier GAN’s gross operator revenue increased 171.3% year-on-year to $315.6m in 2019 thanks to the growth of legal gambling in the US, according…
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…
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,…
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…
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.…
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…
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Read now!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…
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…
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…
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…
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…
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…
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