Slot Machines
Nevada casino revenue declines to $743.0m in August
Nevada casino revenue declined 1.7% month-on-month and 21.9% year-on-year to $743.0m in August, as low margins and the novel coronavirus (Covid-19) combined to keep revenue…
Scientific Games chairman Perelman to sell 34.9% stake
Scientific Games has announced that investor Ron Perelman will sell a 34.9% stake in the supplier for more than $900m to a group of institutional…
US GGR down 45.6% in H1 as Covid-19 wreaks havoc
US commercial gross gaming revenue (GGR) for the first half of 2020 fell 45.6% year-on-year to $11.70bn, according to the latest figures from the American…
Golden Ent exceeds expectations despite 69.4% Q2 revenue drop
Golden Entertainment said results since reopening “have exceeded expectations”, despite a 69.4% drop in revenue to $76.0m in the three months to 30 June and…
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…
Reopened Nevada casinos see revenue fall 45.6% in June
In their first month back after closures due to the novel coronavirus (Covid-19), Nevada casino revenue reached $566.8m, down 45.6% year-on-year, with sportsbooks in the…
SG hails “better than expected” Q2 despite revenue decline
Scientific Games’ losses increased in Q2 as revenue fell 37.2% to $539m, but the business said its results were “better than expected” given the outbreak…
State of the Union: NJ, Boyd, CO and more
This week’s State of the Union, in partnership with Segev LLP, features betting revenue figures from states across the US – including strong figures from…
Pennsylvania to hold new slot license auction
The Pennsylvania Gaming Control Board (PGCB) will hold an action on 2 September for a Category 4 Slot Machine License. A category 4 licence would…
AGA appeals for reform of jackpot tax reporting threshold
The American Gaming Association (AGA) has urged the US government to raise the slot jackpot reporting threshold, which requires machines to be temporarily taken out…
Nevada casinos limited to 50% occupancy after reopening
Casinos in Nevada must limit the number of players in their facilities and at gaming tables in order to prevent transmission of novel coronavirus (Covid-19)…
NV sportsbooks bring in $38.1m in last month before shutdown
Nevada casinos brought in $1.04bn in revenue while sportsbook revenue grew to $38.1m in the last full month before the novel coronavirus (Covid-19) pandemic led…
AGS halves losses in 2019 thanks to strong Q4
Gaming technology supplier AGS cut its losses in half for 2019, as revenue increased 6.8% to $304.7m with the help of a profitable fourth quarter.…
Hard Rock Casino launches live slots
Hard Rock Casino has launched live slot games on its website in partnership with Softweave, in what the operator said is an industry first. The…