Finance

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…

28th October 2020

Nevada casinos enjoy strongest month since February

Nevada casino revenue grew 10.5% from August but remained down 22.4% year-on-year, as low margins did not stop the state moving back towards normality following…

28th October 2020

Cost cutting helps Red Rock post Q3 profit

Casino operator Red Rock Resorts said that despite third quarter revenue falling 24.2% year-on-year, l0wer costs helped it post a profit for the period Net…

28th October 2020

Twin River to acquire Tropicana Evansville from Caesars

Twin River Worldwide Holdings has agreed to acquire the Tropicana Evansville Casino in Indiana from Caesars Entertainment. The property will be sold to real estate…

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 October 2020

NeoGames aims to raise $90m through Nasdaq listing

Online gambling and lottery solutions provider NeoGames has announced plans to raise up to $90m through an initial public offering (IPO) in the US. NeoGames…

27th October 2020

Boyd continues to feel Covid-19 impact in Q3

Casino operator Boyd Gaming said novel coronavirus (Covid-19) weighed on its third quarter performance, reporting a 20.4% year-on-year drop in revenue for the period. Group…

26th October 2020

Pennsylvania Gaming Dashboard – October 2020

Pennsylvania’s igaming market hit new highs in September for the second consecutive month, with both slots and table games both enjoying record-breaking performances. iGaming Business…

26th October 2020

CO September betting revenue declines despite record handle

Colorado sportsbooks took in revenue of $4.2m in September, down 44.6% month-on-month, even as betting handle continued to shoot up beyond $200m, as low margins…

22nd October 2020

State of the Union: NJ, PA, Sands and more

This week’s State of the Union, in partnership with Segev LLP, covers another month of record figures from both Pennsylvania and New Jersey, as well…

22nd October 2020

iGaming veterans’ SPAC targets major M&A after $250m Nasdaq listing

A special purpose acquisition company (SPAC) formed by a host of leading igaming and social media executives, begins trading on the Nasdaq Capital Market today…

iGB North America Magazine Issue 45

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