Finance
Pennsylvania iGaming Dashboard- October 2021
The return of the NFL boosted Pennsylvania’s sports betting sector, while online casino posted yet another strong month in September, with market leaders reaping most…
Bally’s Q3 revenue up 170% in final quarter before Gamesys acquisition
Land-based operator Bally’s saw revenue grow 170.0% to $314.8m (£232.2m/€272.5m) in Q3 of 2021, the last quarter before its acquisition of UK-based igaming operator Gamesys…
Penn reports $1.51bn in Q3 revenue but non-operating costs hit profits
Penn National Gaming (PNG) has reported revenue of $1.51bn (£1.1bn/€1.3bn) for its third quarter 2021 results ended September 30, though profit declined due to non-operating…
MGM Resorts revenue doubles in Q3 as it announces Mirage sale plans
MGM Resorts has recorded revenue figures of $2.71bn for the third quarter of 2021, representing a 145.5% increase on the same period last year. The…
Record gaming revenue drives growth at Everi in Q3
Casino and financial technology business Everi Holdings revealed a record performance by its gaming business during the third quarter of its 2021 financial year helped…
Rivalry records record-breaking handle in October
Sports betting provider Rivalry has reported a record betting handle of CAD$12.8m (£7.5m/€8.9m/$10.3m) in October, its first month as a public company. This was a…
Red Rock profit grows in Q3 thanks to efficient revenue margins
Red Rock has recorded revenue figures of $414.8m for the third quarter of 2021, representing a 17.5% increase on the same period last year. Of…
Las Vegas recovery helps Caesars cut loss in Q3 as revenue rockets 86.1%
Caesars Entertainment Inc. was able to reduce its net loss to $233m in the third quarter of its 2021 financial year after experiencing an 86.1%…
Esports Technologies files patent for esports betting exchange
Esports wagering technology provider Esports Technologies has announced the filing of an electronic sports betting exchange system patent. The patent is in regards to a…
Caesars completes sale of Louisiana Downs
Caesars Entertainment has completed the protracted sale of the Harrah’s Louisiana Downs racetrack and casino just hours after it became the first commercial casino to…
VICI shareholders approve share issue for MGM Growth Properties acquisition
Vici Properties’ shareholders have approved the proposal to issue VICI common stock in preparation for the company’s acquisition of MGM Growth Properties (MGP). 99.9% of…
GLPI sees “strong earnings growth” in Q3 despite revenue decrease
Gaming and Leisure Properties Inc. (GLPI) has recorded revenue figures of $298.7m (€256.3m/£216.7m) for the third quarter of 2021, representing a 2.9% decrease on the…
Rhode Island sports betting handle reaches record $41.2m in September
Player spending on sports betting in Rhode Island reached a record $41.2m in September, while the state’s revenue also increased 66.7% year-on-year. Revenue in September…
PointsBet records Q1 net win increase after strong US performance
Australian operator PointsBet has recorded sports betting and igaming net win figures of AD$69.5m ($52.3m/£38.1m) for its first quarter of 2021-22, ended 30 September. This…