Finance

6th August 2020

AGS losses soar in second quarter

Gaming technology supplier AGS’s revenue fell 77.5% to $16.8m as its losses increased almost six-fold for the three months ending 30 June. Gaming operations revenue…

6th August 2020

State of the Union: IGT-FanDuel, Wynn, NV and more

This week’s State of the Union, in partnership with Segev LLP, includes results from many of the US gaming industry’s largest operators as well as…

6th August 2020

Penn Q2 revenue collapses amid Covid-19 closures

Penn National Gaming’s revenue for the second quarter of 2020 fell 76.9% as venue closures across the country led to a $213.9m loss for the period,…

5th August 2020

Everi highlights Q3 recovery following H1 losses

Gaming technology and payment solutions provider Everi Holdings says its business is showing signs of recovery in the early weeks of the third quarter, after…

5th August 2020

Covid-19 closures push Red Rock to $223.7m loss in H1

Casino operator Red Rock Resorts said the enforced closure of its properties due to the novel coronavirus (Covid-19) pandemic was the main reason behind a…

5th August 2020

Wynn posts $1.04bn loss in H1 amid global Covid-19 closures

Casino operator Wynn Resorts has reported a net loss of $1.04bn for the first half of the year, after the novel coronavirus (Covid-19) pandemic forced…

4th August 2020

IGT revenue falls 48.4% in second quarter

The novel coronavirus (Covid-19) pandemic has hit International Game Technology (IGT) hard in the second quarter of 2020, with revenue dropping 48.4% and the business…

4th August 2020

AGA report: Michigan casinos worth $6.3bn annually to state

Michigan’s 27 combined commercial and tribal casinos have an annual economic impact of $6.3bn for the state, according to a new report from the American Gaming…

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!
4th August 2020

PA Lottery generates $1.14bn for seniors in 2019-20

The Pennsylvania Lottery generated profits of $1.14bn for programs that benefit the state’s senior citizens in its 2019-20 fiscal year, the ninth consecutive year in…

3rd August 2020

Kentucky lottery revenue grows to $1.20bn in 2019-20

The Kentucky Lottery Corporation took in record revenue of $1.20bn in its 2020 fiscal year ended 30 June 2020, a 6.2% year-on-year rise. Online lottery…

3rd August 2020

Soccer and MMA drive OR lottery betting growth in June

The Oregon Lottery’s SBTech-powered sportsbook app Score Board has seen revenue and handle growth continue into June, thanks again to the strong performance of soccer,…

31st July 2020

MGM Resorts slips to $50.4m loss in first half

MGM Resorts International saw revenue for the first half of 2020 badly hit by the novel coronavirus (Covid-19) pandemic, posting a net loss of $50.4m…

30th July 2020

State of the Union: DraftKings, Rush Street, NV and more

This week’s State of the Union, in partnership with Segev LLP, covers DraftKings and Kambi’s decision to cooperate as the operator migrates from Kambi’s platform…

30th July 2020

CDI sees revenue plummet and losses rise in first half

Churchill Downs Incorporated (CDI) has reported a year-on-year fall in revenue and a net loss for the first half of 2020, primarily due to the…

iGB North America Magazine Issue 44

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