Casino

6th November 2020

Covid-19 continues to wreak havoc on Wynn performance in Q3

A 77.5% year-on-year drop in revenue to $370.5m and a hefty tax provision meant Wynn Resorts swung to an $831.5m net loss in the third quarter of 2020.…

6th November 2020

Full House sees net profit rocket in Q3 following casino reopenings

Full House Resorts has reported a 721.8% year-on-year rise in net profit for the third quarter, as the regional US casino operator’s properties rebounded from…

6th November 2020

Slow Vegas recovery hurts enlarged Caesars’ Q3 performance

Caesars Entertainment’s third quarter results offer further proof that Las Vegas is enduring a slower recovery than regional gaming markets, with revenue falling on a…

5th November 2020

Regional focus helps Golden Ent recover in Q3

Casino operator Golden Entertainment said that its diversified, regional property portfolio helped the business rebound from its novel coronavirus (Covid-19) shut-down in the third quarter…

5th November 2020

State of the Union: Elections, Scientific Games, Tennessee and more

This week’s State of the Union, in partnership with Segev LLP, covers ballot results in Maryland, Louisiana and South Dakota, the launch of legal sports…

5th November 2020

SG sees igaming and lottery growth offset by gaming declines in Q3

Scientific Games reported an 18.4% year-on-year decline in revenue for the third quarter of 2020, after growth in its lottery, digital and social gaming arm…

4th November 2020

FanDuel teams up with Evolution for live casino offering

FanDuel has selected live dealer giant Evolution to provide its live casino offering in the US. The deal will allow FanDuel to offer live casino…

30th October 2020

Chinese restrictions slow MGM Resorts recovery in Q3

MGM Resorts saw its regional US properties begin to recover from their novel coronavirus (Covid-19) shut-down in the third quarter, though continuing restrictions in Macau…

ICE North America Webinar Series – The Road Back

With American casinos beginning to reopen, questions still remain about the roadmap to long-term recovery. The Road Back four-part webinar series will examine measures and best practices to guide land-based operators and suppliers, as you work with your customers, your teams and your partners to provide a safe betting and gaming experience in the 'new normal' environment.

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29th October 2020

State of the Union: NV, Penn, NBA and more

This week’s State of the Union, in partnership with Segev LLP, includes financial results from a variety of the US’s major regional casino players –…

29th October 2020

Penn National Gaming bounces back with record earnings in Q3

Penn National Gaming saw revenue decline 16.6% in Q3, though earnings reached record highs as the business emphatically bounced back from the novel coronavirus (Covid-19)…

29th October 2020

Twin River hails Q3 performance ahead of Bally’s rebrand

Twin River Worldwide Holdings said limiting its third quarter revenue decline to 9.8% year-on-year represented a positive result in the last set of results to…

28th October 2020

Nevada casinos enjoy strongest month since February

Nevada casino revenue grew 10.5% from August but remained down 22.4% year-on-year, as low margins did not stop the state moving back towards normality following…

28th October 2020

IGT provides $4.84bn in economic value in 2019

Gaming solutions giant International Game Technology’s (IGT) latest sustainability report claims the business generated $4.84bn in ‘economic value’ through its products and services last year.  This metric…

28th October 2020

Cost cutting helps Red Rock post Q3 profit

Casino operator Red Rock Resorts said that despite third quarter revenue falling 24.2% year-on-year, l0wer costs helped it post a profit for the period Net…

iGB North America Magazine Issue 45

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