Finance

15th November 2021

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,…

12th November 2021

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…

12th November 2021

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…

12th November 2021

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…

11th November 2021

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…

11th November 2021

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…

10th November 2021

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…

10th November 2021

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…

10th November 2021

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…

9th November 2021

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…

9th November 2021

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…

9th November 2021

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…

9th November 2021

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…

9th November 2021

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…