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Finance
Caesars completes £2.9bn acquisition of William Hill
Caesars Entertainment has finalized its acquisition of British gambling operator William Hill. Under the acquisition deal announced in September last year, Caesars agreed to pay…
Churchill Downs Incorporated returns to profit in Q1
Churchill Downs Incorporated (CDI) returned to profit in Q1 of 2021 as revenue grew 28.2% year-on-year to $324.3m, thanks to the acquisition of new race…
New Jersey iGaming Dashboard – April 2021
Borgata finally overtook long-standing online casino leader in New Jersey last month as the state’s igaming market exceeded its previous high by more than 10%.…
Rush Street Interactive appoints Seiler to new IR role
Betting and igaming operator Rush Street Interactive (RSI) has appointed Lauren Seiler to the newly created role of associate vice president of investor relations and…
Bally’s raises $671.4m via share offering to fund Gamesys acquisition
Casino operator Bally’s Corporation has raised $671.4m through a share offering, with the funds to be used to partially finance its acquisition of Gamesys Group.…
Michigan betting and igaming revenue grows to $127.4m in March
Online betting and gaming operators in Michigan brought in $127.4m in March, a 42.8% month-on-month increase in the second full month of online activity, thanks…
Mississippi sports betting revenue rockets 707.4% YoY in March
The Mississippi Gaming Commission has reported a 707.4% year-on-year increase in sports betting revenue in March, with players having spent 372.0% more on wagering during…
Caesars’ William Hill acquisition to close on 22 April after High Court approval
Caesars Entertainment’s acquisition of British operator William Hill is set to close on Thursday (22 April) after the High Court of Justice in England and…
New Jersey gambling revenue rockets 119.8% YoY in March
Gambling revenue in New Jersey hiked 119.8% year-on-year in March as the state’s Division of Gaming Enforcement reported growth across the sports betting, igaming and…
Pennsylvania gambling revenue rockets 162.7% in March
The Pennsylvania Gaming Control Board (PGCB) has reported a 162.7% year-on-year increase in gambling revenue for the US state in March, while the market also…
William Hill pulls further ahead of DC Lottery as revenue gap widens in March
Sports betting revenue in Washington DC increased 46.2% month-on-month to $1.9m in March as William Hill widened the gap between itself and DC Lottery’s Gambet.…
theScore reports record handle, but negative net gaming revenue, in H1
Score Media and Gaming (theScore) has reported record handle of CAD$137.4m (USD$109.5m) for the six months ending 28 February 2021, the first half of its…
Bally’s to acquire Tropicana Las Vegas
Land-based gaming operator Bally’s Corporation has announced its acquisition of the Tropicana Las Vegas casino from real estate investment trust Gaming and Leisure Properties Inc…
Indiana sports betting revenue and handle rebound in March
Indiana’s sports betting market saw handle increase to $316.7m in March, an increase of over $240m, or more than 300%, from March 2020 when casinos…