Finance

5th May 2021

Caesars Entertainment posts $423m net loss in Q1 as Las Vegas revenue tumbles

Caesars Entertainment reported a $423.0m net loss in the first quarter of its financial year, while the operator also suffered a 7.1% decline in net…

4th May 2021

Virginia sports betting handle surpasses $300m in March

Players in Virginia wagered $304.1m on sports during March, while the six operators in the US state were able to generate $13.8m in adjusted gross…

30th April 2021

Rhode Island sports betting revenue rockets 372.4% YoY in March

The Rhode Island Lottery reported a 372.4% year-on-year increase in sports betting revenue in March, while the state also saw its handle hike 333.7%. Revenue…

29th April 2021

Gaming Realms commences trading on OTCQX

Content developer Gaming Realms has today (April 29) started trading its ordinary shares over-the-counter on the OTCQX Best Market in the US. Trading commenced after…

29th April 2021

MGM posts $247m Q1 loss as Vegas casinos continue to struggle

MGM Resorts International said consumer demand strengthened in the opening months of 2021 despite posting a Q1 operating loss of $246.7m (£177m/€204m). In its financial…

28th April 2021

Boyd returns to profit in Q1 as gaming growth offsets hospitality decline

Boyd Gaming enjoyed a rise in profit and overall revenue in Q1, as growth in gaming revenue offset the fact that hospitality revenue dropped considerably…

28th April 2021

Kambi records 55% Q1 revenue increase as profit soars

Kambi has posted Q1 revenue of €43.2m (£37.6m/$52.2m) for 2021, representing a 55.1% increase on last year thanks to continued growth of the US market…

28th April 2021

Nevada casinos post first billion-dollar month since February 2020

Gaming revenue in Nevada for March surpassed $1bn, marking the first time since the novel coronavirus (Covid-19) shutdown that it hit this figure.  Total revenue…

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!
28th April 2021

Colorado surpasses $2bn in sports bets since launch as March wagers hit $300m

Players in Colorado have spent more than $2.0bn on sports betting since the state opened its regulated market in May 2020, with figures from the…

27th April 2021

Tennessee bounces back in March as sports betting handle reaches $205.9m

Players in Tennessee wagered $205.9m in sports during March, the second-highest monthly total since the US state opened its regulated sports betting market in November…

26th April 2021

Pennsylvania Gaming Dashboard – April 2021

Pennsylvania set another new record for igaming revenue in March as it narrowly missed out on $100m in online casino revenue, while revenue from sports…

26th April 2021

Betway owner Super Group set for US listing with $4.75bn SEAC merger

Super Group, the holding company of online sports betting and gambling operator Betway, has entered into a definitive agreement to merge with special purpose acquisition…

23rd April 2021

New Hampshire sports betting revenue rockets 979.3% YoY in March

Sports wagering revenue in New Hampshire hiked 979.3% year-on-year in March after a 404.6% jump in the US state’s handle for the month. Gross gaming…

22nd April 2021

Louisiana lawmakers deliberate amended betting tax proposals

Louisiana Representative John Stefanski has amended his bill to establish a tax rate for online and mobile sports betting in the state.  Stefanski’s House Bill…

iGB North America Magazine Issue 47

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