investor
Playmaker launches new betting venture as poker star Gross invests
Digital sports media business Playmaker announced the launch of a new content vertical for the sports betting and revealed renowned poker player Jeff Gross as…
Rush Street Interactive appoints Seiler to new IR role
Betting and igaming operator Rush Street Interactive (RSI) has appointed Lauren Seiler to the newly created role of associate vice president of investor relations and…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…