Finance

9th March 2021

Full House returns to profit despite Covid-19 impact in 2020

US land-based casino operator Full House Resorts has revealed that despite its properties having been impacted by novel coronavirus (Covid-19) closures and restrictions in 2020,…

8th March 2021

Iowa sports betting revenue rockets 920.5% YoY in February

The Iowa Racing and Gaming Commission has reported a 920.5% year-on-year increase in sports betting revenue in February, though both revenue and handle were down…

5th March 2021

Bally’s makes bid to acquire World Poker Tour owner Allied Esports

Allied Esports Entertainment has revealed that Bally’s has submitted a proposal to acquire the business for $100m in cash, stock or both, in a deal…

5th March 2021

AGS revenue down 48.6% in 2020

Gaming technology supplier AGS has released its financial results for the fourth quarter and full year 2020, showing total revenues of $167.0m, down 48.6% from…

4th March 2021

Bally’s slips to full-year loss as Covid-19 pushes revenue down 28.8%

Bally’s Corporation has reported a net loss of $5.5m for its 2020 financial year after the temporary closure of its land-based casinos in the US…

4th March 2021

State of the Union: Las Vegas Sands, Florida, DraftKings and more

This week’s State of the Union, in partnership with Segev LLP, includes Las Vegas Sands’ decision to sell its properties and operations in the US,…

4th March 2021

Pennsylvania iGaming Dashboard – February 2021

Pennsylvania’s igaming market grew again in January, continuing its streak of record monthly revenue into 2021, though online betting revenue slowed because of lower margins.…

3rd March 2021

Sands sells Las Vegas empire for $6.25bn

Land-based gaming giant Las Vegas Sands has agreed to sell all of its Las Vegas properties and operations, in order to shift its focus to…

3rd March 2021

Iowa sports betting dashboard – February 2021

The introduction of online registration helped Iowa’s sportsbooks reach an all-time high in both handle and revenue last month. iGaming Business and Ficom Leisure are…

3rd March 2021

New Jersey iGaming Dashboard – February 2021

New Jersey’s online casino market passed another significant milestone last month, pulling in revenues of more than $100m for the first time. iGaming Business and…

3rd March 2021

IGT posts $838.7m loss as Covid-19 closures drive 2020 revenue down

International Game Technology (IGT) has reported a net loss of $838.7m for its 2020 financial year, after the closure of casinos and other restrictions caused…

2nd March 2021

SG 2020 revenue declines 19.9% amid lower product sales

Scientific Games saw revenue decline 19.9% to $2.72bn, as product sales collapsed amid land-based closures, but this was partially offset by growth in social and…

2nd March 2021

Delaware sports betting revenue climbs to $1.7m in January

Sports wagering revenue in Delaware increased 13.3% year-on-year in January, as players in the US state bet $11.7m on sports during the month. Revenue amounted…

2nd March 2021

Transformational 2020 sees Flutter revenue reach £4.40bn

Flutter Entertainment’s revenue more than doubled on a like-for-like basis in 2020, after the operator completed its acquisition of The Stars Group and bought out…