Finance
GAN aims to raise $34.5m from IPO
Gambling software provider GAN has set out plans for its initial public offering (IPO), through which it aims to raise up to $34.5m. Pursuant to…
AGA claims victory after PPP eligibility amendment
The eligibility requirements for the Paycheck Protection Program (PPP) have been amended to allow small gambling businesses to benefit from the fund, following an intense lobbying effort…
DEAC shareholders approve SBTech-DraftKings merger
Shareholders of Diamond Eagle Acquisition Corp. have approved the acquisitions of DraftKings and SBTech and the public listing of the new entity. At a shareholders’…
Net loss reaches $14.6m for theScore in H1
Canadian media business theScore has revealed that an increase in spending, mainly related due to its expansion efforts in North America, led to it posting…
Iowa iGaming Dashboard – April 2020
A smaller loss than the previous month in the retail channel saw overall GGR for Iowa’s regulated sportsbooks increase in March, even with the huge…
Delaware sports betting revenue down in March
The Delaware Lottery has reported a year-on-year fall in sports betting revenue for March, but the $571,486 generated by operators during the month was higher…
PA gambling revenue halves in March amid Covid-19 shutdowns
The Pennsylvania Gaming Control Board (PGCB) saw gambling revenue in the state more than half in March due to the widespread shutdown of casinos and…
Indiana iGaming Dashboard – April 2020
Indiana’s sports betting market saw both revenue and handle plunge by more than 50% in March as coronvirus (Covid-19) halted momentum in the state’s nascent…
NJ sports betting revenue down as igaming soars
The New Jersey Division of Gaming Enforcement has reported a 58.4% year-on-year decline in sports betting revenue in March, primarily due to the widespread shutdown…
Mississippi betting revenue plummets in March
Mississippi’s sports betting revenue fell sharply in the past month, after the popular National Collegiate Athletics Association (NCAA) basketball tournament was cancelled and the state’s…
AGA: PPP changes still “woefully short” of addressing issues
The American Gaming Association (AGA) described revised guidelines allowing more businesses to participate in the Paycheck Protection Program (PPP) as still falling “woefully short” of…
Delaware igaming revenue climbs again in March
The Delaware Lottery has reported another year-on-year increase in online gambling revenue in March, with licensed operators generating a total of $514,959 during the month.…
Scientific Games to cut spending by $100m in Q2
Scientific Games has said it expects to save more than $100m from cost-saving measures it has rolled out to help reduce the impact of the…
Indiana sportsbook revenue halved by Covid-19 in March
The suspension of sporting action and the closure of the state’s casinos from mid-March has slashed Indiana’s sports betting revenue for the month. With all…