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Finance
30th June 2021
Nevada revenue grows as Covid-19 controls relax
In the wake of Nevada casinos’ capacity increasing to 80% in May, state gaming revenue grew 18.9% month-over-month. Total gaming revenue for May came to…
30th June 2021
Mississippi sports betting revenue reaches $3.9m in May
Sports wagering revenue in Mississippi rocketed by 4,333.8% year-on-year to $3.9m in May, while the US state’s handle also jumped 15,175.0% to $36.1m. Mississippi’s land-based…
29th June 2021
Everi launches $400m notes offering
Land-based and digital casino content provider Everi has announced its intent to offer $400.0m (£288.9m/€336.1m) in aggregate principal amount of senior unsecured notes in a…
29th June 2021
Rhode Island sportsbook revenue falls in May
Rhode Island posted sportsbook revenue of $2.8m for May, representing a 12.5% decrease from the previous month. However, compared to the same period last year…
24th June 2021
Quarter4 closes round of seed funding after raising $1.6m
Quarter4 – which uses AI to offer predictive sports data and analytics for sports, media and betting businesses – has announced the closure of its latest…
24th June 2021
State of the Union: Canada, Wire Act, Sports Illustrated and more
This week’s State of the Union, in partnership with Segev LLP, is highlighted by passage of a bill to allow single-event sports wagering in Canada.…
24th June 2021
DoubleU Games to seek new underwriter for DoubleDown IPO
Korean social gaming operator DoubleU Games has terminated its contract with the underwriter responsible for listing its DoubleDown Interactive subsidiary on the Nasdaq exchange, and…
23rd June 2021
Exchange start-up Sporttrade receives $36m in funding
Philadelphia-based sports betting exchange Sporttrade has raised $36m worth of funding through a coalition of investors including major figures from both gaming and finance. Former…
22nd June 2021
Everi enjoys continued profit growth in Q2 2021
Casino and financial technology company Everi has expects a rise of 344.4% in revenue year-on-year in its second quarter of 2021, as the business saw…
22nd June 2021
Tennessee Lottery surpasses $2bn in annual revenue for first time
The Tennessee Education Lottery (TEL) has surpassed $2bn in total annual revenue for the 2021 fiscal year as of June 15, marking the first time…
22nd June 2021
Codere Online to spin off and go public on Nasdaq with $350m SPAC deal
Codere Group has announced plans to spin off its Codere Online business, with the new publicly listed company to be traded on the US Nasdaq…
21st June 2021
DC betting revenue dips in May but wagers grow
Washington DC sports betting revenue came in at $2.0m in May, an decrease of 3.7% from $2.1m in April, even though the district experienced a…
17th June 2021
Pennsylvania sets igaming revenue record again in May
Pennsylvania set yet another record in online casino revenue in May, as operators brought in $98.6m, up 76.7% from May 2020, and 10.9% ahead of…
17th June 2021
New York sports betting revenue reaches $1.6m in May
Commercial sports betting revenue in New York amounted to $1.6m in May, an increase of 23.1% from the total generated in April. Year-on-year comparisons were…