Casino
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…
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…
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…
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 –…
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)…
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…
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…
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…
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…
Twin River to acquire Tropicana Evansville from Caesars
Twin River Worldwide Holdings has agreed to acquire the Tropicana Evansville Casino in Indiana from Caesars Entertainment. The property will be sold to real estate…
Caesars to reopen The Cromwell casino in Las Vegas
Caesars Entertainment is to reopen The Cromwell on the Las Vegas Strip next week, meaning just one of the operator’s properties in the city is…
State of the Union: NJ, PA, Sands and more
This week’s State of the Union, in partnership with Segev LLP, covers another month of record figures from both Pennsylvania and New Jersey, as well…
GAN launches social casino with California’s Agua Caliente
GAN has rolled out its free-to-play Simulated Gaming product for Agua Caliente Casinos, the Californian casino business owned by the Agua Caliente Band of Cahuilla…
Sands begins recovery in Q3, but revenue still down 82%
Las Vegas Sands showed signs of recovery from the second quarter’s novel coronavirus (Covid-19) disruption, but revenue was down 82.0% and third quarter losses came to…