Financial

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,…

11th November 2020

PXP Financial announces partnership with Penn Interactive

Payment, fraud and data analysis service provider PXP Financial Ltd. has announced a new partnership with Penn National Gaming’s online subsidiary, Penn Interactive through its…

29th October 2020

Net profit rockets 191.9% at CDI after online betting growth in Q3

Churchill Downs Incorporated (CDI) has reported a 10.3% year-on-year increase in net revenue in the third quarter, as growth within its online betting business also…

27th October 2020

Boyd continues to feel Covid-19 impact in Q3

Casino operator Boyd Gaming said novel coronavirus (Covid-19) weighed on its third quarter performance, reporting a 20.4% year-on-year drop in revenue for the period. Group…

20th October 2020

Mississippi sees further sports betting growth in September

The Mississippi Gaming Commission has reported a 17.9% year-on-year rise in sports betting revenue in September, while the US state’s handle also increased during the…

1st October 2020

Delaware sports betting revenue improves in September

Sports wagering revenue in Delaware amounted to $904,450 in the month to 27 September, which despite marking a month-on-month improvement, remains far behind 2019 levels. …

25th September 2020

PNG aims to raise up to $982.1m through public offering

US casino operator Penn National Gaming (PNG) has announced details of a new underwritten public offering, through which it could generate up to $982.1m in…

24th September 2020

CO sports betting handle more than doubles in August

The Colorado Department of Revenue has reported a 20.8% month-on-month decline in sports betting revenue in the state during August, despite its handle more than…

17th September 2020

Delaware igaming growth continues into August

Online gambling revenue in the state of Delaware totalled $808,623 in August, up 263.4% year-on-year and also an improvement on July’s figures. Data from the…

17th September 2020

iGaming and sports betting push PA revenue up in August

The Pennsylvania Gaming Control Board (PGCB) has reported a 5.8% year-on-year increase in revenue in August, driven by igaming and sports betting growth. Overall gambling…

16th September 2020

Mississippi sports betting revenue climbs again in August

The Mississippi Gaming Commission has reported a 27.6% year-on-year rise in sports wagering revenue in August, as the US state’s handle more than doubled. Revenue…

15th September 2020

Sports betting enjoys strong August as NJ recovery continues

The New Jersey Division of Gaming Enforcement (NJDGE) has reported a month-on-month increase in revenue across all gambling segments for August, as the state continued…

11th September 2020

DraftKings hands top accounting role to Bradbury

Sports betting and daily fantasy sports operator DraftKings has appointed Erik Bradbury as its new chief accounting officer with immediate effect. Reporting directly to chief…

11th September 2020

Iowa’s sports betting handle more than doubles in August

The Iowa Racing and Gaming Commission (IRGC) reported a month-on-month rise in sports betting revenue for August, while the US state also saw its handle…