Financial
Pennsylvania sets igaming revenue record again in May
Pennsylvania set yet another record in online casino revenue in May, as operators brought in $98.6m, up 76.7% from May 2020, and 10.9% ahead of…
Esports Entertainment Group revenue rises as losses widen in 2021
Esports Entertainment Group has published its financial results for the third quarter of its financial year – the three months ending March 31, 2021 –…
Churchill Downs Incorporated returns to profit in Q1
Churchill Downs Incorporated (CDI) returned to profit in Q1 of 2021 as revenue grew 28.2% year-on-year to $324.3m, thanks to the acquisition of new race…
Delaware igaming revenue up 74.3% year-on-year in March
The Delaware Lottery has published the state’s igaming results from March 2021, showing total net revenue of $897,781, up 74.3% from March 2020, and 19.5%…
Galaxy Gaming revenue drops 52% in 2020
Casino supplier Galaxy Gaming has released its financial results for the fourth quarter and full year 2020, showing a decline in revenue of 52% for…
Skillz revenue up 92% in 2020 following public listing
Mobile multi-player gaming platform Skillz has released its fourth quarter and full year 2020 financial results, showing revenue of $230.1m for the year, up 92%…
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,…
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…
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…
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…
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…
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. …
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…
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…