Finance
US commercial gaming revenue rockets to $53bn in 2021
The American Gambling Association (AGA) has revealed that the US commercial gaming industry made $53.0bn in revenue in 2021, an increase of $23.0bn from 2020.…
State of the Union: New York, Illinois, Rhode Island and more
This week’s State of the Union, in partnership with Segev LLP, saw some states rise to new heights in monthly revenue while operators formed sports…
Zynga beats revenue targets in 2021, as Take-Two takeover nears
Zynga’s $2.78bn revenue for 2021 broke full year records, while the social gaming giant significantly cut its net loss for the period. Revenue for the…
Everi acquires payments solutions provider Ecash
Everi Holdings has acquired Australia-based gaming industry payment solutions provider Ecash Holdings in a deal worth up to AU$43m ($30.4m/€26.7m/£22.5m). The provider of financial technology,…
Boyd Gaming breaks quarterly records in strong end to 2021
Boyd Gaming ended 2021 with a strong performance across the business as revenue and earnings beat pre-pandemic figures. In a statement, the US land-based casino…
Nevada gaming revenue reaches record $13.40bn in 2021
Gaming revenue in Nevada reached a record $13.40bn in 2021, despite the state having to contend with novel coronavirus (Covid-19) restrictions during the early part…
New Jersey iGaming Dashboard: December 2021
New Jersey reported gross gaming revenue (GGR) figures of $404.1m (£299.1m/€358.2m) for December 2021, a 29.1% increase on the same period the year prior. iGaming…
Rivalry commences trading on OTCQX
Esports betting platform Rivalry has announced that its subordinate voting shares will begin trading over-the-counter on the OTCQX Best Market today. The shares will trade…
Iowa sports betting dashboard: January 2022
Iowa’s sportsbook operators reported a combined revenue of $266.5m in December, a decline of 7.1% month-on-month. Total gross gaming revenue for online and retail operators…
Pennsylvania smashes revenue and handle records in 2021
Pennsylvania set a host of new records across a number of areas in its regulated gambling market in 2021, with total revenue in the state…
DraftKings commits $1.5m to US-wide problem gambling initiative
DraftKings has announced a new US-wide funding program to support non-profit organizations and groups delivering support to people suffering with problem gambling and related issues.…
State of the Union: DraftKings, BetMGM, New York and more
This week’s State of the Union, in partnership with Segev LLP, includes DraftKings entering the Washington market, BetMGM’s 2022 revenue forecast, and Michigan’s revenue performance…
BetMGM predicts $1.3bn revenue, but negative earnings, for 2022
Sports betting and online gaming operator BetMGM expects net revenue of more than $1.3bn in 2022, according to a performance update released today (January 19).…
Michigan’s online revenue hits $1.40bn in first year
Michigan’s online betting and gaming market generated gross revenue of $1.40bn in 2021, with igaming contributing the bulk of the total. Since the market launched…