Finance
Iowa sports betting dashboard: September 2021
Operators shared the wealth as Iowa’s betting handle grew month-on-month for the first time since March in August. iGaming Business and Ficom Leisure are delighted…
State of the Union: theScore, NIGC, Pennsylvania and more
This week’s State of the Union – in partnersihp with Segev LLP – documents the latest step towards Penn National Gaming’s acquisition of theScore, as…
Aristocrat and Boyd Gaming launch cashless table game trial in Nevada
Aristocrat Gaming, part of Aristocrat Leisure, has linked up with Boyd Gaming and Genesis Gaming to trial cashless table games in the state of Nevada.…
Illinois betting revenue dips 28.7% month-on-month in August
Revenue from sportsbooks in Illinois declined again on a month-on-month basis but was up 272.2% year-on-year in August. This revenue came on wagers totaling $394.0m.…
theScore shareholders approve acquisition by Penn National Gaming
Shareholders in Score Media and Gaming (theScore) have overwhelmingly voted to approve the proposed acquisition of the business by Penn National Gaming. During a special…
Atlantic Lotteries revenue dips 11.9% in Covid-hit 2020-21
Canadian provincial lottery operator Atlantic Lottery Corporation (ALC) saw revenue drop 11.9% to CAD$635.6m (£375.4m/€442.0m/USD$509.7m) in the year ended 31 March, 2021, as the novel…
Detroit casino revenue dips slightly in September
The Michigan Gaming Control Board (MGCB) has reported revenue of $110.4m (£81.1m/€95.6m) in September across its three Detroit casinos. This was a 3.0% drop compared…
Sharp Alpha Advisors raises $10m for betting tech startups
Sports betting startup firm Sharp Alpha Advisors has announced the closing of Sharp Alpha Fund I, a $10.0m venture capital fund that will be invested…
NFL return helps boost Oregon’s September betting revenue
Oregon’s Scoreboard sports betting app brought in revenue of $1.2m in September, up 18.4% compared to August but down 17.5% year-on-year. Handle was recorded at…
Bettor Capital completes initial investment fund
Bettor Capital, an investment platform focused on the real-money online gambling market, has announced the initial closing of its investment fund, the proceeds of which…
Canadian government approves Penn-theScore deal
The Minister of Canadian Heritage has given Penn National Gaming approval under the Investment Canada Act to acquire Toronto-based operator theScore. Penn agreed to acquire…
Intema raises $10m to fund Loot.Bet deal
Gaming technology company Intema has announced the completion of a second tranche of its non-brokered private placement of subscription receipts, totaling $4.2m, in order to…
Esports betting operator Rivalry’s shares begin trading on TSX Venture Exchange
Sports betting and media company Rivalry Corp – which operates Isle of man-licensed esports betting site Rivalry.gg – has listed its subordinate voting shares on…
Nevada gaming revenue passes $1bn for six consecutive month in August
Nevada gaming revenue hit $1.17bn in August, the sixth month in a row that the state has reported a ten-figure total, and a significant improvement…