Financial
Caesars returns to profit in Q1 despite revenue drop
Caesars Entertainment Corporation (CEC) reported $123m in comprehensive profit for the first quarter of 2020, despite experiencing a year-on-year drop in revenue due to enforced…
AGS slips to loss in Q1 as Covid-19 casino closures hit
Gaming technology supplier AGS has said that enforced closures as a result of the novel coronavirus (Covid-19) global pandemic were to blame for it posting…
Impairment charges hit Penn National bottom line in Q1
Penn National Gaming (PNG) has posted a loss of $608.6m for the first quarter of 2020, primarily due to impairment charges and the shutdown of…
Wynn slips to loss in Q1 due to Covid-19 closures
Casino operator Wynn Resorts has put a net loss of $402.0m in the first quarter primarily down to the temporary closure of its sites in…
Impairment expenses push CDI to loss in Q1
Churchill Downs Incorporated (CDI) has posted a net loss of $23.4m for the first quarter, primarily due to write-downs of business assets. Net revenue in…
Net loss reaches $14.6m for theScore in H1
Canadian media business theScore has revealed that an increase in spending, mainly related due to its expansion efforts in North America, led to it posting…
Delaware sports betting revenue down in March
The Delaware Lottery has reported a year-on-year fall in sports betting revenue for March, but the $571,486 generated by operators during the month was higher…
PA gambling revenue halves in March amid Covid-19 shutdowns
The Pennsylvania Gaming Control Board (PGCB) saw gambling revenue in the state more than half in March due to the widespread shutdown of casinos and…
Delaware igaming revenue climbs again in March
The Delaware Lottery has reported another year-on-year increase in online gambling revenue in March, with licensed operators generating a total of $514,959 during the month.…
Michigan sports betting revenue hits $105,548 in debut month
Commercial casinos in Detroit, Michigan, generated $105,548 in retail sports wagering revenue during the few days legal betting in March, before sporting events and casino…
NY sports betting revenue up in March despite Covid-19 impact
The New York State Gaming Commission has reported a month-on-month rise in sports betting revenue for March, despite the state’s market being impacted by the…
Rhode Island sports betting revenue rises to $2.3m in February
Sports betting revenue in Rhode Island totalled $2.3m in February, representing a significant improvement on the loss of $890,623 posted in the same month in 2019.…
Delaware sports betting revenue soars in February
The Delaware Lottery has revealed that sports wagering revenue in the state amounted to $159,800 in February, representing a huge year-on-year increase, but a sharp…
Pennsylvania sports betting revenue slips to $4.7m in February
The Pennsylvania Gaming Control Board (PGCB) has reported a marginal rise in market revenue for February, despite a 79.4% month-on-month decline in the sports betting…