revenue

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…

29th June 2020

RI sees mobile betting improve in May

Sports wagering revenue in Rhode Island slumped 71.6% year-on-year in May as the state continued to feel the impact of the novel coronavirus (Covid-19) crisis,…

16th June 2020

Delaware igaming revenue hits new high in May

The Delaware Lottery was announced that online gaming revenue in the state’s regulated market reached $1.1m in May, its highest total for 2020 to date.…

15th June 2020

Covid-19 closures continue to hit NJ revenue in May

Enforced casino closures and the suspension of sporting events due to the novel coronavirus (Covid-19) pandemic led to a further year-on-year drop in gambling revenue…

18th May 2020

Covid-19 impairment charges see IGT post Q1 loss

International Game Technology (IGT)’s revenue declined 17.9% to $940.2m in the first quarter of 2020, while a $296m impairment charge related to the effects of…

14th May 2020

Delaware reports igaming revenue rise for April

The Delaware Lottery has revealed a 39.0% year-on-year rise in online gambling revenue for April, aided by a hike in new registrations over the month.…

14th May 2020

Covid-19 disruption erodes NJ revenue in April

The New Jersey Division of Gaming Enforcement has reported a 68.9% year-on-year drop in gaming revenue for April, after the novel coronavirus (Covid-19) pandemic shut…

13th May 2020

Michigan casino revenue down 39.2% in opening four months

The Michigan Gaming Control Board has revealed that revenue generated by the three commercial casinos in Detroit was down 39.2% year-on-year during the four months…

12th May 2020

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…

7th May 2020

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…

30th April 2020

State of the Union: SBTech-DraftKings, Nevada, Tennessee and more

This week’s state of the union, in partnership with Segev LLP, covers approval from Diamond Eagle Acquisition Corp. for the acquisition of DraftKings and SBTech,…

30th April 2020

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…

29th April 2020

Covid-19 cuts into Nevada gaming revenue in March

The closure of Nevada’s casinos from 17 March as a result of the novel coronavirus (Covid-19) pandemic has resulted in gaming revenue falling 39.6% year-on-year,…

28th April 2020

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…