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Finance
21st May 2020
Covid-19 scuppers Saratoga purchase of Wildwood Casino
Saratoga Harness Racing’s planned purchase of Wildwood Casino in Cripple Creek, Colorado from American Gaming Group (AGG) has been canceled because of the effect of…
21st May 2020
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…
19th May 2020
Indiana iGaming Dashboard – May 2020
Both revenue and handle fell further in Indiana’s sports betting market as closures related to the novel coronavirus (Covid-19) continued to wreak havoc on the…
18th May 2020
Pennsylvania sees igaming revenue surge in April
Pennsylvania’s online gaming revenue almost doubled to $43.1m in April, and with all casinos closed during the month, the vertical accounted for 93.4% of the…
18th May 2020
Covid-19 impairment charges see IGT post Q1 loss
International Game Technology (IGT)’s revenue declined 17.9% to $940.2m in the first quarter of 2020, while a $296m impairment charge related to the effects of…
15th May 2020
DraftKings losses widen further in Q1 despite revenue growth
DraftKings and SBTech both saw revenue grow in the first quarter of 2020, but combined losses widened to $74.0m in the pair’s last full quarter…
15th May 2020
Full House slips to Q1 loss after Covid-19 revenue hit
Full House Resorts became the latest land-based operator to see its bottom line heavily impacted by novel coronavirus (Covid-19), as Q1 revenue fell 24.7% to…
14th May 2020
State of the Union: NJ, Scientific Games, Caesars, IN and more
This week’s State of the Union, in partnership with Segev LLP, includes quarterly financial results from some of the US casino industry’s largest operators and…
14th May 2020
Delaware reports igaming revenue rise for April
The Delaware Lottery has revealed a 39.0% year-on-year rise in online gambling revenue for April, aided by a hike in new registrations over the month.…
14th May 2020
Covid-19 disruption erodes NJ revenue in April
The New Jersey Division of Gaming Enforcement has reported a 68.9% year-on-year drop in gaming revenue for April, after the novel coronavirus (Covid-19) pandemic shut…
13th May 2020
Twin River sees Q1 momentum checked by Covid-19 closures
Casino operator Twin River Worldwide Holdings has reported a 9.5% year-on-year decline in revenue for the first quarter of the year, after a strong performance…
13th May 2020
Michigan casino revenue down 39.2% in opening four months
The Michigan Gaming Control Board has revealed that revenue generated by the three commercial casinos in Detroit was down 39.2% year-on-year during the four months…
12th May 2020
ICE North America Digital: Day 1 round-up
The inaugural edition of ICE North America opened with an overview of the impact of the novel coronavirus (Covid-19) from H2 Gambling Capital, while expert…
12th May 2020
Scientific Games Q1 revenue declines amid Covid-19
Scientific Games saw revenue decline 13.0% to $725m and losses increase to $159m as the novel coronavirus (Covid-19) hit the business in terms of both…
