Finance

17th May 2021

New Jersey gambling revenue rockets 326.4% YoY in April

Gambling revenue in New Jersey jumped 326.4% year-on-year to $352.2m in April as the US state continued its recovery from the novel coronavirus (Covid-19) pandemic.…

14th May 2021

NeoGames sees Q1 rise in revenue and net income thanks to NeoPollard success

Online lottery platform provider NeoGames enjoyed a revenue rise of 46.5% in Q1, while overall net income rose by 4.8% year on year, thanks in…

14th May 2021

Playstudios Q1 revenue and profit grows despite decline in overall customers

Social gaming developer Playstudios posted revenue figures of $74.1m (£52.7m/€61.1m) for the first quarter of 2021 – a 27.1% increase on this time last year…

14th May 2021

Delaware online gaming revenue edges up in April

The Delaware Lottery has reported a 2.1% year-on-year increase in online gaming revenue in April, despite players staking 24.6% less during the month. Revenue in…

14th May 2021

RSI raises full-year guidance after 217.6% YoY revenue growth in Q1

Betting and igaming operator Rush Street Interactive (RSI) has raised its full-year guidance after reporting a 217.6% year-on-year increase in revenue during the first quarter…

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…

ICE North America Webinar Series – The Road Back

With American casinos beginning to reopen, questions still remain about the roadmap to long-term recovery. The Road Back four-part webinar series will examine measures and best practices to guide land-based operators and suppliers, as you work with your customers, your teams and your partners to provide a safe betting and gaming experience in the 'new normal' environment.

Register Now!
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…

iGB North America Magazine Issue 47

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