Finance

4th August 2023

Casino decline pushes Red Rock Q2 revenue down

Red Rock Resorts posted a year-on-year drop in revenue during the second quarter following a decline within its casino business. The three months to June…

3rd August 2023

Rhode Island sports betting handle declines in FY23

Rhode Island’s sports betting handle for the 2023 financial year decline year-on-year despite consumers spending more than $500.0m. Handle for the 12 months to June…

3rd August 2023

Arizona sports betting handle down again in May

Player spending on sports betting in Arizona fell again in May, while revenue also declined month-on-month. Monthly handle in Arizona amounted to $451.7m, down 2.1%…

2nd August 2023

Caesars Digital becomes EBITDA positive in Q2

Caesars Entertainment has posted the first quarter of positive adjusted EBITDA for its digital business since rebranding to Caesars Sportsbook in the summer of 2021.…

1st August 2023

Mississippi betting handle continues decline in June

Player spending on sports betting in Mississippi fell for the third consecutive month in June, while the state also experienced year-on-year declines. Monthly handle in…

1st August 2023

New Hampshire sports betting revenue hits $81.0m in FY23

Sports wagering revenue in New Hampshire increased 57.0% year-on-year during the state’s 2023 financial year, while handle also edged up. Gross gaming revenue for the…

1st August 2023

Colorado handle declines again in June

The total Colorado sports betting handle declined for the third consecutive month in June, as well as falling for the first time on a yearly…

31st July 2023

Sports betting decline hits MI igaming revenue in June

Reduced sports betting activity in Michigan in June led to a month-on-month drop in overall online gambling revenue for the state. Combined gross igaming and…

31st July 2023

Nevada gambling revenue dips in June

Gambling revenue in the state of Nevada declined both month-on-month and year-on-year in June, according to the Nevada Gaming Control Board. Total revenue for June…

28th July 2023

Online growth lifts Boyd Q2 revenues

Boyd Gaming president and CEO Kevin Smith praised the operator’s resilience after online growth drove an uplift in Q2 revenue. Revenue reached $917.0m in the…

27th July 2023

Record-breaking Derby Week lifts CDI Q2 figures

A record-breaking Kentucky Derby helped Churchill Downs Incorporated (CDI) to post record net revenue for a second successive quarter. Derby Week generated record revenue of…

26th July 2023

BetMGM revenue hits $944.0m in H1 update

BetMGM, a joint venture between MGM Resorts and Entain, reported $944.0m in net revenue for the first half of 2023 in a mid-year performance update.…

25th July 2023

Gaming revenue growth continues to decelerate in US

Commercial gaming revenue growth slowed for a fourth consecutive month in May, according to the American Gaming Association (AGA). Total gross gaming revenue (GGR) in…

21st July 2023

DC sports betting handle fall again in June

Consumer spending on sports betting in Washington DC declined for the third consecutive month in June, while revenue also fell month-on-month. Monthly handle amounted to…