Financial
GAN set to beat financial targets in 2019
Gambling software supplier GAN has said that it expects to surpass its financial forecasts for 2019, with revenue set to grow by between 115% and…
Ongoing expansion costs push theScore to loss in Q1
Canadian media business theScore posted a comprehensive loss of $4.1m during the first quarter of its financial year, primarily due to costs related to its…
Detroit commercial casinos post record $1.45bn in annual revenue
The three commercial casinos in Detroit, Michigan, posted a record $1.45bn in adjusted gross revenue for the 12 months to December 31, 2019. Combined adjusted…
PA sports betting handle hits $1.26bn in first half of FY19-20
Players in Pennsylvania spent a total of $1.26bn on legal sports wagering in the first half of the state’s 2019-20 financial year, while revenue for…
Delaware igaming revenue reaches $3.6m in 2019
Licensed online gaming operators in Delaware generated $3.6m in revenue for 2019, an increase of 38.5% on the previous year. Players spent a total of…
NY sports betting revenue hits year-low in December
Sports wagering revenue in New York amounted to $780,418 in December, the lowest monthly figure since the state launched its legal market last July. The…
Delaware sports betting revenue hits $12.5m in 2019
Delaware’s sports betting market generated $12.5m in revenue in 2019, the first full year of regulated activity in the state. Consumers spent a total of…
Delaware’s online gaming market recovers in November
Licensed online gambling operators in Delaware posted $376,331 in collective revenue for November, the second-highest monthly total of the year so far and a significant…
NJ sports betting revenue dips despite record handle in November
Sports betting revenue in New Jersey fell 29.1% month-on-month to $32.9m in November, despite the state processing a record amount of wagers during the month.…
New York sports betting revenue slips 40.9% in November
New York’s four licensed sportsbooks generated $1.3m in gross gaming revenue during November, the lowest monthly total since the market opened. The November result represents a…
Iowa sports betting revenue rises to $5.7m in October
Sports wagering revenue in Iowa increased to $5.7m in October, the second full month of regulated betting in the state, with growth across both the…
Scientific Games profits after strong Q3
Scientific Games has reported a 4% year-on-year increase in net revenue for the third quarter after experiencing growth across all of its business areas. Net…
Stars Group slips to net loss despite revenue growth in Q3
The Stars Group has posted a net loss of $51.7m for the third quarter of 2019, despite its operations in the UK and Australia pushing…
FanDuel and Sportsbet drive Flutter Q3 revenue growth
Flutter Entertainment saw revenues increase 10% to £533m ($685.7m) for the third quarter of 2019, as FanDuel and Sportsbet’s successes in the US and Australia…