Finance

14th January 2021

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…

14th January 2021

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…

13th January 2021

New York sports betting revenue rockets in December

The New York State Gaming Commission has reported a 210.6% year-on-year increase in gross sports betting revenue in December. Gross gaming revenue from sports betting…

13th January 2021

Delaware igaming revenue more than doubles in 2020

Delaware igaming revenue soared 133.3% year-on-year to $8.4m in 2020, thanks largely to an increase in play during novel coronavirus (Covid-19) lockdowns. Players staked $227.7m…

13th January 2021

Detroit casino revenue down 56.1% in 2020

The Michigan Gaming Control Board (MGCB) has reported a 56.1% year-on-year drop in revenue from Detroit’s three commercial casinos in 2020, after operations were disrupted…

12th January 2021

FuboTV to acquire Vigtory amid plans for 2021 betting launch

Sports-focused streaming platform FuboTV has acquired sportsbook start-up Vigtory, a deal which the streaming service expects to allow it to launch its own sportsbook this…

8th January 2021

MGM shareholder IAC outlines support for Entain deal

InterActive Corp (IAC), MGM Resorts International’s largest shareholder, has pledged to contribute up to $1bn towards the land-based giant’s bid to acquire its BetMGM joint venture…

8th January 2021

BCLC: Banks can play a leading role in harm prevention efforts

Canadian provincial lottery operator the British Columbia Lottery Corporation (BCLC) has issued a call for greater co-operation between the gambling industry and financial institutions to…

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!
8th January 2021

Playtika launches $1.67bn initial public offering

Social gaming giant Playtika has launched its long-awaited initial public offering, with plans to sell 69.5m shares and raise up to $1.67bn.  The business itself…

7th January 2021

Billionaire Moelis funds new SPAC with eye on gaming sector

Investment banking billionaire Ken Moelis has founded a new special purpose acquisition company (SPAC), Atlas Crest Investment II, which will seek to merge with a…

7th January 2021

State of the Union: MGM-Entain, Michigan, Adelson and more

The first State of the Union of 2021, in partnership with Segev LLP, is headlined by MGM Resorts’ proposal to acquire igaming giant Entain, formerly…

7th January 2021

Covid-19 disruption pushes DE sports betting revenue down in 2020

Sports betting revenue in Delaware fell 32.8% year-on-year in 2020 to $8.4m, as the state felt the impact of the suspension of activities due to…

4th January 2021

MGM confirms Entain merger proposal but “no certainty” of firm offer

Land-based giant MGM Resorts International has confirmed that it has put forward an offer to acquire igaming operator Entain, formerly known as GVC Holdings, but…

4th January 2021

Playtika SEC statement reveals revenue of $1.80bn in first nine months of 2020

Playtika’s registration statement, filed with the US Securities and Exchange Commission (SEC) ahead of a planned initial public offering, reveals the business generated revenue of…

iGB North America Magazine Issue 45

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