Financial

31st July 2020

MGM Resorts slips to $50.4m loss in first half

MGM Resorts International saw revenue for the first half of 2020 badly hit by the novel coronavirus (Covid-19) pandemic, posting a net loss of $50.4m…

30th July 2020

CDI sees revenue plummet and losses rise in first half

Churchill Downs Incorporated (CDI) has reported a year-on-year fall in revenue and a net loss for the first half of 2020, primarily due to the…

29th July 2020

RI sports betting revenue reaches $18.7m in FY2020

Rhode Island’s legal sports betting market generated $18.7m in revenue during the state’s 2019-20 financial year, despite the final four months of the period being…

29th July 2020

Colorado’s sports betting revenue rises to $2.2m in June

The Colorado Department of Revenue has reported a month-on-month rise in sports wagering revenue in June, while player spending on betting also increased by 48.8%.…

22nd July 2020

Massachusetts Lottery sees revenue and profit fall in FY 2020

The Massachusetts State Lottery has reported a year-on-year decline in revenue and net profit for the 2020 fiscal year, primarily due to the impact of…

10th July 2020

Iowa sports betting market continues to recover in June

Figures released by the Iowa Racing and Gaming Commission show that sports betting revenue in the state amounted to $620,740 in June, an increase of…

30th June 2020

PlayAGS faces class action lawsuit over securities purchases

A class action lawsuit has been filed against PlayAGS after the gaming technology supplier was accused of failing to disclose information about its business, operations…

29th June 2020

Galaxy sees Q1 revenue fall 15.9% amid Covid-19 closures

Table games supplier Galaxy Gaming has reported a 15.9% year-on-year decline in revenue for the first quarter of 2020, primarily due to the closure of…

29th June 2020

RI sees mobile betting improve in May

Sports wagering revenue in Rhode Island slumped 71.6% year-on-year in May as the state continued to feel the impact of the novel coronavirus (Covid-19) crisis,…

19th June 2020

DoubleDown Interactive targets $200m as IPO launches

Social casino giant DoubleDown Interactive has announced the lunch of its initial public offering (IPO) in the US and revealed that it could raise more…

16th June 2020

Delaware igaming revenue hits new high in May

The Delaware Lottery was announced that online gaming revenue in the state’s regulated market reached $1.1m in May, its highest total for 2020 to date.…

15th June 2020

Covid-19 closures continue to hit NJ revenue in May

Enforced casino closures and the suspension of sporting events due to the novel coronavirus (Covid-19) pandemic led to a further year-on-year drop in gambling revenue…

14th May 2020

Delaware reports igaming revenue rise for April

The Delaware Lottery has revealed a 39.0% year-on-year rise in online gambling revenue for April, aided by a hike in new registrations over the month.…

14th May 2020

Covid-19 disruption erodes NJ revenue in April

The New Jersey Division of Gaming Enforcement has reported a 68.9% year-on-year drop in gaming revenue for April, after the novel coronavirus (Covid-19) pandemic shut…