Finance

6th November 2020

Full House sees net profit rocket in Q3 following casino reopenings

Full House Resorts has reported a 721.8% year-on-year rise in net profit for the third quarter, as the regional US casino operator’s properties rebounded from…

6th November 2020

Slow Vegas recovery hurts enlarged Caesars’ Q3 performance

Caesars Entertainment’s third quarter results offer further proof that Las Vegas is enduring a slower recovery than regional gaming markets, with revenue falling on a…

5th November 2020

Regional focus helps Golden Ent recover in Q3

Casino operator Golden Entertainment said that its diversified, regional property portfolio helped the business rebound from its novel coronavirus (Covid-19) shut-down in the third quarter…

5th November 2020

State of the Union: Elections, Scientific Games, Tennessee and more

This week’s State of the Union, in partnership with Segev LLP, covers ballot results in Maryland, Louisiana and South Dakota, the launch of legal sports…

5th November 2020

SG sees igaming and lottery growth offset by gaming declines in Q3

Scientific Games reported an 18.4% year-on-year decline in revenue for the third quarter of 2020, after growth in its lottery, digital and social gaming arm…

4th November 2020

PlayUp raises $25m for US launch

Australia-based betting operator PlayUp has raised $25m to fund its entry into the US market. PlayUp, which is already licensed in New Jersey and Colorado,…

3rd November 2020

Everi reduces Q3 declines as casinos reopen

Gaming and financial technology provider Everi Holdings said the reopening of casinos across the US helped the business recover from the novel coronavirus (Covid-19) shut-down…

2nd November 2020

Loto-Québec revenue falls 51.4% in Covid-hit first half

Canadian provincial lottery and gaming operator Loto-Québec saw its revenue for the first half of its 2020-21 fiscal year fall 51.4% year-on-year, after operations were…

30th October 2020

Chinese restrictions slow MGM Resorts recovery in Q3

MGM Resorts saw its regional US properties begin to recover from their novel coronavirus (Covid-19) shut-down in the third quarter, though continuing restrictions in Macau…

29th October 2020

State of the Union: NV, Penn, NBA and more

This week’s State of the Union, in partnership with Segev LLP, includes financial results from a variety of the US’s major regional casino players –…

29th October 2020

Penn National Gaming bounces back with record earnings in Q3

Penn National Gaming saw revenue decline 16.6% in Q3, though earnings reached record highs as the business emphatically bounced back from the novel coronavirus (Covid-19)…

29th October 2020

RI retail betting continues to outstrip mobile in September

The Rhode Island Lottery reported a slight year-on-year decline in sports betting revenue – but month-over-month growth – for September, as retail continued to outperform mobile wagering.…

29th October 2020

Golden Nugget Online Gaming sees revenue grow 92% in Q3

Golden Nugget Online Gaming posted a 91.9% rise in net revenue for the third quarter of the year, and revealed that it expects to finalize…

29th October 2020

Net profit rockets 191.9% at CDI after online betting growth in Q3

Churchill Downs Incorporated (CDI) has reported a 10.3% year-on-year increase in net revenue in the third quarter, as growth within its online betting business also…