Finance

6th November 2019

Caesars swings to Q3 loss after Rio sale despite revenue rise

Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment…

1st November 2019

Gaming expansion and M&A boost PNG revenue in Q3

Penn National Gaming (PNG) has reported a 71.5% year-on-year increase in third quarter revenue, after benefiting from the regulation of sports betting and online gaming…

31st October 2019

MGM Resorts boosted by Chinese growth in Q3

North American gaming giant MGM Resorts saw a 9% rise in revenue in Q3 as it benefitted from growth across its casino properties in the…

31st October 2019

State of the Union: Yahoo Sports, Andrew Yang, RI, NH, NV and more 

This week’s State of the Union, in partnership with Segev LLP, covers Roar Digital’s partnership with Yahoo Sports, Democratic presidential hopeful Andrew Yang’s contribution to…

31st October 2019

Nevada retakes sportsbook crown with NFL’s return

The start of the NFL season brought Nevada back to the top in sports betting as players wagered $546.4m on sports in September, helping total…

30th October 2019

Pennsylvania iGaming Dashboard – October 2019

iGaming Business and Ficom Leisure are delighted to unveil the Pennsylvania iGaming Dashboard, providing a monthly breakdown of the latest figures from the Keystone State’s…

29th October 2019

RI sports betting revenue rockets in September

Rhode Island sports betting revenue almost tripled month-on-month to $2.5m in September, with an increase in retail betting accompanied by the first contribution from mobile. Total…

28th October 2019

US growth pushes turnover up at PointsBet in Q1

PointsBet has reported a 138% year-on-year rise in turnover during the first quarter, primarily due to its launch and subsequent expansion in the US, while…

24th October 2019

State of the Union: OR, MS, PA and more

This week’s State of the Union, in partnership with Segev LLP, covers the latest revenue figures from Pennsylvania and Mississippi. Elsewhere, the long-awaited launch of…

23rd October 2019

New Jersey iGaming Dashboard – October 2019

September was a stellar month for New Jersey’s regulated igaming and sports betting markets, with new revenue records set for both verticals. iGaming Business and…

18th October 2019

MGM Resorts to sell Bellagio and Circus Circus for over $5bn

Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income…

17th October 2019

Pennsylvania sports betting and igaming revenue up in September

Licensed sportsbook operators in Pennsylvania generated collective revenue of $14.9m in the second full month of regulated sports wagering, while interactive gaming revenue in September…

16th October 2019

Delaware sports betting revenue hits $2.2m in September

Sports betting revenue in Delaware amounted to $2.2m in September, which is the highest monthly total so far this year but down 31.5% on the…

16th October 2019

New Jersey smashes revenue and handle records in September

New Jersey’s sports betting market has enjoyed its strongest month since launch, with amounts wagered more than doubling year-on-year and revenue climbing to a record…