profit
Bally’s slips to full-year loss as Covid-19 pushes revenue down 28.8%
Bally’s Corporation has reported a net loss of $5.5m for its 2020 financial year after the temporary closure of its land-based casinos in the US…
Penn National posts $669.5m loss as Covid-19 drives revenue drop in 2020
Penn National Gaming (PNG) has reported a $669.5m net loss for 2020, primarily due to a sharp decline in revenue caused by the novel coronavirus…
Galaxy warns of trouble paying debts amid 88% Q2 revenue hit
Table games supplier Galaxy Gaming saw revenue collapse 87.8% year-on-year to just $664,000 in the second quarter of 2020 as it warned it may struggle…
AGS losses soar in second quarter
Gaming technology supplier AGS’s revenue fell 77.5% to $16.8m as its losses increased almost six-fold for the three months ending 30 June. Gaming operations revenue…
Penn Q2 revenue collapses amid Covid-19 closures
Penn National Gaming’s revenue for the second quarter of 2020 fell 76.9% as venue closures across the country led to a $213.9m loss for the period,…
Boyd Q2 revenue falls 75% after Covid-19 closures
Regional casino operator Boyd Gaming saw revenue for the quarter ending 31 June collapse by 75.2% due to the novel coronavirus (Covid-19) outbreak, as the…
Las Vegas Sands loses $1bn in H1 amid Covid-19
Land-based gaming giant Las Vegas Sands saw revenue fall 73.1% year-on-year for the six months ended 30 June, 2020 after Q2 revenue collapsed to almost…
Massachusetts Lottery sees revenue and profit fall in FY 2020
The Massachusetts State Lottery has reported a year-on-year decline in revenue and net profit for the 2020 fiscal year, primarily due to the impact of…
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…
PointsBet Q3 revenue more than doubles due to US, Aus growth
PointsBet took in net win revenue of AUD$18.7m (£9.7m/€11.2m/US$12.2m) in the third quarter of its fiscal year, up 139.7%, as its business in both Australia…
New Hampshire sports betting handle reaches $17.3m in first month
Consumers in New Hampshire bet a total of $17.3m on sports during the first full month of legal wagering in the US state. The New…
Digital turnover drop leads to Newgioco revenue decline
Significant declines in web-based turnover led to revenue of $6.7m for Newgioco in the third quarter of 2019, a 14.7% decline, though the company narrowed…