Finance
Covid-19 closures continue to hit NJ revenue in May
Enforced casino closures and the suspension of sporting events due to the novel coronavirus (Covid-19) pandemic led to a further year-on-year drop in gambling revenue…
State of the Union: Las Vegas, Colorado, Detroit and more
This week’s State of the Union, in partnership with Segev LLP, sees casinos in Nevada and beyond reopen, while the latest sports betting figures come…
Indiana sportsbook market returns to growth in May
Sportsbook stakes in Indiana rose 41.9% month-on-month in May, as players shifted to betting on sports beyond the US major leagues. The latest figures from…
Oregon Lottery sees betting handle and revenue rise in May
The Oregon Lottery’s SBTech-powered Scoreboard sportsbook app has begun its recovery from the sporting shutdown caused by novel coronavirus (Covid-19), with revenue and handle both…
Iowa betting market begins recovery in May
The latest figures from the Iowa Racing and Gaming Commission show the state’s betting market recovering from its April struggles in May, with revenue and…
Colorado sportsbook handle hits $25.5m in first month
Colorado’s Department of Revenue has revealed that total handle for the state’s first month of legal wagering reached $25.5m. The unaudited figure for May has…
Spectrum Gaming Group appoints Barreto as CFO
Gambling consultancy Spectrum Gaming Group has promoted Juliann Barreto from director of finance to the role of chief financial officer. Barreto joined Spectrum in May…
Pennsylvania Gaming Dashboard – May 2020
Pennsylvania’s igaming market surged last month, almost doubling month-on-month as land-based casinos remained closed. iGaming Business and Ficom Leisure are delighted to present the Pennsylvania…
RI betting revenue drops 98.6% in April
The suspension of major sporting events and a full month’s closure for Rhode Island’s land-based casinos badly affected the state’s sports betting market, with handle…
Nevada redacts betting figures as Covid-19 hits April revenue
The Nevada Gaming Control Board (NGCB) has redacted its figures for sports betting, horse racing and card game revenue in its revenue report for April,…
State of the Union, Scientific Games, Big Fish, Louisiana and more
This week’s State of the Union, in partnership with Segev LLP, covers the proposed return of casinos in Nevada – and steps taken to to…
Covid-19 scuppers Saratoga purchase of Wildwood Casino
Saratoga Harness Racing’s planned purchase of Wildwood Casino in Cripple Creek, Colorado from American Gaming Group (AGG) has been canceled because of the effect of…
AGA appeals for reform of jackpot tax reporting threshold
The American Gaming Association (AGA) has urged the US government to raise the slot jackpot reporting threshold, which requires machines to be temporarily taken out…
Indiana iGaming Dashboard – May 2020
Both revenue and handle fell further in Indiana’s sports betting market as closures related to the novel coronavirus (Covid-19) continued to wreak havoc on the…