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Finance
26th February 2020
PointsBet posts $32.3m loss despite revenue growth in H1
Sports betting operator PointsBet said that increased spending on expansion efforts in both Australia and the US led to it reporting a net loss of…
26th February 2020
Caesars Entertainment slips to $1.20bn net loss in 2019
Caesars Entertainment Corporation (CEC) reported a slight increase in revenue for 2019, though fair value changes in its convertible notes led to the operator posting…
25th February 2020
British Columbia launches inquiry into money laundering
The British Columbian government has commenced its inquiry into money laundering in the Canadian province, with a focus on identifying possible links with the gambling…
20th February 2020
State of the Union: PA, MGM, Maine and more
This week’s State of the Union, in partnership with Segev LLP, covers a new record month for New Jersey sportsbooks and a major increase in…
20th February 2020
Mississippi sports betting revenue up to $4.6m in January
The Mississippi Gaming Commission has revealed that sports wagering revenue increased 64.5% year-on-year to $4.6m in January, while the state’s handle also climbed by $10.0m.…
19th February 2020
Pennsylvania sports betting revenue soars in January
The Pennsylvania Gaming Control Board (PGCB) has reported a 16.9% year-on-year rise in gambling revenue for January, aided by growing contributions from igaming and sports…
17th February 2020
Indiana iGaming Dashboard – February 2020
Indiana’s sports betting market broke both turnover and revenue records again last month, though online GGR fell despite the rise in bets coming through the…
17th February 2020
Loto Quebec revenue falls in Q3 as key verticals struggle
Loto Quebec’s revenue fell 11.1% to $685.6m as a lack of larger jackpots slashed lottery revenue, while revenue from other verticals also declined in the…
17th February 2020
Delaware igaming revenue climbs to $387,865 in January
The Delaware Lottery was announced that online gambling revenue in the state was up 38.8% year-on-year in January, while player spending also increased by $2.8m.…
14th February 2020
Detroit Casinos bring in $120m in January
Detroit’s three commerical casinos brought in $120m in revenue in January 2020, up 7.1% year-on-year, as revenue from each casino increased. This revenue figure was…
14th February 2020
MGM revenue increases beyond $12bn in 2019
Revenue at MGM resorts increased 9.6% year-on-year while the sale of the Bellagio resort boosted profits as the operator continues to pivot its business model…
13th February 2020
Iowa iGaming Dashboard – February 2020
Despite taking a record number of bets last month, Iowa’s licensed sportsbooks reported the lowest figure for monthly revenues since the regulated market opened. iGaming…
13th February 2020
State of the Union: William Hill, NY, DE, IN, IA and more
This week’s State of the Union, in partnership with Segev LLP, covers William Hill’s partnership with CBS Sports, a blow for fantasy operators in New…
13th February 2020
New Jersey sets sports betting revenue record in January
Licensed operators in New Jersey generated $53.6m in sports betting revenue in January, representing a new monthly record for the state. January revenue comfortably surpassed…
