investor

15th March 2021

DraftKings proposes $1bn senior notes offering

Sports betting and daily fantasy sports operator DraftKings has announced plans to offer $1bn (£718m/€838m) in convertible senior notes via a private offering. Due in…

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…

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…

9th September 2020

PointsBet raises AU$70.5m via initial entitlement offer

Online gambling operator PointsBet has revealed it raised a total of AU$70.5m (£51.2m/€43.4m/US$51.1m) through the first stage of its fully underwritten entitlement offer. Launched earlier…

4th September 2020

PointsBet exceeds expectations with AU$200m placement

Online gambling operator PointsBet has surpassed initial expectations by raising AU$200m (£109.9m/€123.0m/US$145.2m) through a share placement. PointsBet last week set out plans to generate $150m,…

2nd September 2020

PointsBet launches AU$303m fundraising drive

Online gambling operator PointsBet has set out details of a new capital raising, through which it hopes to generate AU$303m (£166.5m/€187.6m/US222.5m) in additional funds. Announced…

7th August 2020

Century Casinos posts $58.9m H1 loss despite revenue growth

Century Casinos Inc. has reported a net loss of $58.9m for the first half of 2020, despite its US operations driving a 26.2% year-on-year increase…

7th August 2020

Combined Caesars-Eldorado business posts $1.17bn loss in H1

Caesars Entertainment Inc. – the new name for the combined Caesars Entertainment Corporation and Eldorado Resorts business – has reported a $1.17bn net loss for…

5th August 2020

Wynn posts $1.04bn loss in H1 amid global Covid-19 closures

Casino operator Wynn Resorts has reported a net loss of $1.04bn for the first half of the year, after the novel coronavirus (Covid-19) pandemic forced…

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…

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…

22nd June 2020

Global Daily Fantasy Sports completes Playgon purchase

Software supplier Global Daily Fantasy Sports has completed its acquisition of live dealer games supplier Playgon Interactive in a deal worth $9.5m. Announced in December…

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…