Finance

6th May 2020

QL Gaming acquires sports forecasting service Accuscore

Sports data and affiliate business the QL Gaming Group has acquired Finnish sports forecasting company Accuscore and raised $1.1m in a new round of funding.…

1st May 2020

MGM revenue falls but property sales increase profits in Q1

MGM Resorts’ revenue fell 29.1% to $2.25bn for the first quarter of 2019 due to the effects of the novel coronavirus (Covid-19), but the operator’s…

30th April 2020

State of the Union: SBTech-DraftKings, Nevada, Tennessee and more

This week’s state of the union, in partnership with Segev LLP, covers approval from Diamond Eagle Acquisition Corp. for the acquisition of DraftKings and SBTech,…

30th April 2020

Impairment expenses push CDI to loss in Q1

Churchill Downs Incorporated (CDI) has posted a net loss of $23.4m for the first quarter, primarily due to write-downs of business assets. Net revenue in…

29th April 2020

Covid-19 cuts into Nevada gaming revenue in March

The closure of Nevada’s casinos from 17 March as a result of the novel coronavirus (Covid-19) pandemic has resulted in gaming revenue falling 39.6% year-on-year,…

29th April 2020

Boyd slips to loss in Q1 after Covid-19 closures

Boyd Gaming slipped to a loss for the first quarter in 2019, as the closure of all its venues due to the novel coronavirus (Covid-19)…

28th April 2020

Rhode Island betting revenue down 45.6% in March

The Rhode Island Lottery has reported a 45.6% year-on-year decline in sports betting revenue for March, following the suspension of sporting action and closure of…

28th April 2020

PointsBet Q3 revenue more than doubles due to US, Aus growth

PointsBet took in net win revenue of AUD$18.7m (£9.7m/€11.2m/US$12.2m) in the third quarter of its fiscal year, up 139.7%, as its business in both Australia…

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!
28th April 2020

GAN aims to raise $34.5m from IPO

Gambling software provider GAN has set out plans for its initial public offering (IPO), through which it aims to raise up to $34.5m. Pursuant to…

27th April 2020

AGA claims victory after PPP eligibility amendment

The eligibility requirements for the Paycheck Protection Program (PPP) have been amended to allow small gambling businesses to benefit from the fund, following an intense lobbying effort…

24th April 2020

DEAC shareholders approve SBTech-DraftKings merger

Shareholders of Diamond Eagle Acquisition Corp. have approved the acquisitions of DraftKings and SBTech and the public listing of the new entity. At a shareholders’…

23rd April 2020

Net loss reaches $14.6m for theScore in H1

Canadian media business theScore has revealed that an increase in spending, mainly related due to its expansion efforts in North America, led to it posting…

22nd April 2020

Iowa iGaming Dashboard – April 2020

A smaller loss than the previous month in the retail channel saw overall GGR for Iowa’s regulated sportsbooks increase in March, even with the huge…

20th April 2020

Delaware sports betting revenue down in March

The Delaware Lottery has reported a year-on-year fall in sports betting revenue for March, but the $571,486 generated by operators during the month was higher…

iGB North America Magazine Issue 45

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