This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Finance
State of the Union: Las Vegas Sands, Monkey Knife Fight, NY and more
This week’s State of the Union, in partnership with Segev LLP, includes Las Vegas Sands’ announcement of its new permanent chief executive following Sheldon Adelson’s…
Covid impact leads Las Vegas Sands to $2.18bn loss in 2020
Las Vegas Sands made a loss of more than $2bn with revenue falling 73.7% to $3.61bn for 2020, as new chief executive Robert Goldstein announced…
Scientific Games hires new investor relations lead
Scientific Games has named Jim Bombassei as senior vice president of investor relations, in a dual role that also covers its free-to-play gaming subsidiary SciPlay…
Tennessee sports betting handle jumps to $180.9m in December
The Tennessee Education Lottery (TEL) has published sports betting figures for December, the second month of legalized wagering in the US state, during which revenue…
Everi swings to loss following Covid-19 disruption in 2020
Casino content and financial technology provider Everi Holdings expects 2020 revenue to fall by up to 27.8% year-on-year, and to post a net loss, after…
Colorado sets new sports betting handle record in December
The Colorado Department of Revenue has reported a new monthly sports betting handle record for December, but also revealed a decline in gross gaming revenue…
Full House expects Q4 earnings growth despite revenue dip
Full House Resorts expects revenue for the fourth quarter of 2020 fall year-on-year, though earnings are set to grow significantly, as it prepares to significantly…
High hold helps MS betting revenue double in December
A 14.04% win percentage saw Mississippi’s sports betting revenue more than double year-on-year in December 2020. Amounts wagered were up 12.7% from December 2019 at…
PA sports betting and igaming revenue records tumble again in December
The Pennsylvania Gaming Control Board (PGCB) has again reported new record monthly revenue totals for sports betting and online gambling in December, though the US…
Genius to form new holding company for NYSE listing
Genius Sports Group will form a new holding company, Galileo NewCo, for the proposed business combination with dMY Technology Group II that will see the…
Jason Ader launches new SPAC targeting gaming acquisitions
26 Capital Acquisition Corp, a special purpose acquisition company (SPAC) founded by activist investor Jason Ader, will list on the Nasdaq today (15 January) following an initial…
Playtika finalizes pricing for initial public offering
Social gaming giant Playtika has confirmed that its initial public offering (IPO) will see 69,500,000 shares sold to the public at a price of $27.00…
theScore hails Q1 media revenue growth as betting handle soars
Canadian betting and media business theScore saw revenue fall 7.6% year-on-year in its first quarter, with a record performance from its media division offset by…
NJ gambling up 8.9% in December as sports betting handle nears $1bn
The New Jersey Division of Gaming Enforcement (NJDGE) has reported an 8.9% year-on-year increase revenue for December, as players wagered almost $1.0bn on sports during…