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Finance
12th May 2021
Indiana betting revenue and handle rocket YoY but down from March
The sports betting market in Indiana saw handle come to $236.4m in April, a 25% decrease from March, but a 798.7% increase compared to the…
12th May 2021
Bragg Gaming enters US market with $30m Spin Games acquisition
Gaming technology provider Bragg Gaming has acquired Nevada-based B2B gaming content provider Spin Games, signaling the company’s first foray into the US market. The deal…
12th May 2021
Playtika raises full-year guidance after revenue growth in Q1
Social gaming giant Playtika has raised its full-year revenue and earnings guidance after experiencing an increase in revenue during the first quarter of its 2021…
12th May 2021
US commercial gambling revenue reaches record-equalling $11bn in Q1
US commercial gambling revenue reached $11bn for the first quarter of 2021, making it the industry’s joint highest-grossing quarter ever, according to statistics released by…
12th May 2021
Detroit casino revenue reaches $109m in April
The three land-based casinos in Detroit, Michigan generated $109.0m in revenue in April, with $1.5m of this coming from sports betting. Year-on-year comparisons were not…
11th May 2021
Sports IQ raises $7m in seed funding as leading sports execs invest
Sports betting technology supplier Sports IQ has raised $7m in series seed funding, with the intention to invest it into live sports betting services and…
11th May 2021
Lottery growth sees IGT return to profit in Q1 as revenue exceeds $1bn
International Game Technology (IGT) posted a net profit of $92m in the first quarter of its 2021 financial year, after growth within its lottery business…
11th May 2021
Illinois betting handle smashes records again in March
Sports wagering revenue in Illinois grew 25.1% month-on-month to $44.3m in March, while handle hit a record high of $627.6m, up 23.1%. FanDuel remained on…
11th May 2021
Paysafe reports Q1 revenue increase but losses also grow
Payments platform Paysafe saw a $17.7m rise in revenue in Q1 year on year to $377.4m, but also saw $2.0m net loss increase because of…
11th May 2021
Wynn Resorts records Q1 revenue decrease but lower costs shrink losses
Wynn Resorts recorded revenue figures of $725.8m (£514.2m/€597.1m) for the first quarter of 2021, representing a 23.9% decrease from this time last year. Casino revenue…
11th May 2021
Colorado sports wagers reach $2.34bn in first year of regulation
Consumers in Colorado wagered a total of $2.34bn on sports during the first year of legal wagering in the state, while gross gaming revenue in…
11th May 2021
“Structural changes” lead to revenue growth at Full House in Q1
Full House Resorts put a 36.8% year-on-year increase in Q1 revenue year down to structural changes within the business, while the land-based casino operator was…
10th May 2021
Bally’s posts Q1 revenue increase but losses rise because of non-operating costs
Bally’s Corporation has posted revenue figures of $192.3m (£135.9m/€158.1m) for the first quarter of 2021, representing a 76.3% increase from this time last year. Gaming…
10th May 2021
Lottery and digital offset low machine sales as SG cuts Q1 losses
Gambling technology giant Scientific Games saw revenue grow and losses decline in the first quarter of 2021. Growth in its lottery, digital and social gaming segments…