Finance
PlayStar high-profile hires continue with Acroud’s Vadenbring appointed CFO
Online casino operator PlayStar has appointed Gustav Vadenbring, previously of Acroud, as its new chief financial officer. Due to begin his role on January 10,…
Indiana breaks handle record in October but revenue dips month-on-month
The Indiana Gaming Commission has set a new record for handle with $461.1m in the month of October, a 29.7% increase on the previous record…
Wynn scraps interactive spinoff as it changes marketing strategy
Wynn Resorts and Austerlitz Acquisition Corporation I have cancelled the deal that would have seen the Wynn Interactive subsidiary spin off, merge with Austerlitz and…
B2C drives revenue growth at GAN in Q3 but net loss widens
Online gaming software provider GAN reported a 213.6% year-on-year increase in revenue in the third quarter of its 2021 financial year, but its net loss…
RSI raises full-year revenue guidance after Q3 growth
Rush Street Interactive (RSI) has raised its full-year revenue guidance after reporting year-on-year growth during the third quarter of its 2021 financial year. Revenue for…
GNOG sees Q3 net loss widen despite revenue growth
Golden Nugget Online Gaming (GNOG) posted a net loss of $25.8m for the third quarter of its 2021 financial year, more than it lost in…
Jackpocket attracts celebrity investment in $120m Series D funding round
US-facing lottery app Jackpocket has raised $120m in Series D funding during a round that attracted investment from celebrities and sports stars. Led by growth…
Wynn revenue up 168.4% in Q3 as CEO Maddox steps down
Wynn Resorts CEO Matt Maddox will leave his position effective January 31 2022, a decision announced alongside the business reporting revenue of $994.6m in Q3…
Scientific Games returns to profit in Q3 as revenue climbs 24.8%
Scientific Games has revealed that a 24.8% year-in-year increase in revenue during the third quarter of its 2021 financial year helped it return to a…
US commercial gaming revenue reaches new heights again in Q3
The American Gaming Association (AGA) has reported that US commercial gaming revenue hit $13.89bn (£10.26bn/€11.99bn) in the third quarter of 2021, marking the second record-breaking…
IGT raises guidance after growth across all segments in Q3
International Game Technology (IGT) raised its full-year revenue guidance after experiencing growth across every business segment and product type in Q3, helping overall revenue grow…
Illinois betting revenue grows to $40.0m in September as NFL returns
Sports betting operators in Illinois took in revenue of $40.0m in September, up 484.6% year-on-year and 49.3% more than in August. This total came on…
Zynga remains in loss in Q3 despite record revenue and bookings
Social gaming giant Zynga announced a net loss of $41.7m for the third quarter of its 2021 financial, despite also reporting record revenue and bookings…
Full House sees net profit decline despite revenue growth in Q3
Full House Resorts reported a 12.6% year-on-year increase in revenue for the third quarter of its 2021 financial year, but the land-based casino operator also…