Finance

11th May 2021

Wynn Resorts records Q1 revenue decrease but lower costs shrink losses

Wynn Resorts recorded revenue figures of $725.8m (£514.2m/€597.1m) for the first quarter of 2021, representing a 23.9% decrease from this time last year.  Casino revenue…

11th May 2021

Colorado sports wagers reach $2.34bn in first year of regulation

Consumers in Colorado wagered a total of $2.34bn on sports during the first year of legal wagering in the state, while gross gaming revenue in…

11th May 2021

“Structural changes” lead to revenue growth at Full House in Q1

Full House Resorts put a 36.8% year-on-year increase in Q1 revenue year down to structural changes within the business, while the land-based casino operator was…

10th May 2021

Bally’s posts Q1 revenue increase but losses rise because of non-operating costs

Bally’s Corporation has posted revenue figures of $192.3m (£135.9m/€158.1m) for the first quarter of 2021, representing a 76.3% increase from this time last year.  Gaming…

10th May 2021

Lottery and digital offset low machine sales as SG cuts Q1 losses

Gambling technology giant Scientific Games  saw revenue grow and losses decline in the first quarter of 2021. Growth in its lottery, digital and social gaming segments…

7th May 2021

Century Casinos suffers decrease in revenue and profit loss in Q1

Century Casinos saw a decrease in first quarter revenue after Covid-19 kept its Canadian and Polish venues closed for much of the period. Net operating…

7th May 2021

Iowa records sports wagering handle decrease for April

Iowa posted sports wagering handle figures of $118.4m for April 2021, representing a 7438.9% increase from April 2020 when almost all major sporting events were…

7th May 2021

DraftKings ups guidance as revenue grows 252% but losses rise further

DraftKings’ revenue continued to rocket in Q1, growing 252.7% to $312.3m, but losses widened as the operator’s sky-high costs of sales and marketing costs continued…

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!
7th May 2021

Fox Corporation to acquire digital media platform Outkick

Media giant Fox Corporation has brokered a deal to acquire Outkick Media, a digital media platform founded by US sports journalist and media personality Clay…

7th May 2021

AGS reduces losses after cutting costs in first quarter

Gaming technology supplier AGS posted a narrower net loss of $8.6m in the first quarter of its financial year after reducing operating costs and other…

6th May 2021

Penn National revenue grows to $1.27bn in Q1 as online GGR rockets

Land-based and online operator Penn National Gaming has published its results for the three months to 31 March 2021, showing that it generated $1.27bn in…

6th May 2021

Zynga posts increase in gaming revenue as losses decline

Social gaming company Zynga saw a sharp increase in gaming revenue and overall revenue, but still made a $23m net loss in the first quarter…

6th May 2021

Everi returns to profit as revenue reaches record $139.1m in first quarter

Gaming and financial technology business Everi Holdings said record revenue of $139.1m in the first quarter of its financial year helped it return to profit…

5th May 2021

Red Rock Resorts enjoys 24.8% gaming revenue growth but posts $71m loss

Red Rock Resorts saw a 24.8% rise in gaming revenue year-on-year in the first quarter of 2021, but impairment costs and difficulties elsewhere due to…

iGB North America Magazine Issue 47

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