Finance
FOBT changes and US expansion costs hit William Hill profit in first half
William Hill has cited a reduction in the maximum stake on fixed-odds betting terminals (FOBTs) in the UK and costs associated with its expansion efforts…
Global iGaming Index: consolidation provides welcome boost
This issue of the RP iGaming Index sees Paul Leyland cautiously optimistic about an upswing in the performance of igaming stocks. Market consolidation, meanwhile, has…
Caesars hit by losses despite revenue growth in first half
Caesars Entertainment has reported a net loss of $532m for the first half of 2019, despite also experiencing a year-on-year increase in net revenue. The…
Penn National increases 2019 guidance after strong Q2
Penn National Gaming (PNG) has reported a 60.0% year-on-year increase in revenue for the second quarter of 2019, outperforming its projections for the period. Group…
Scientific Games sees revenue rise and losses shorten in first half
Scientific Games has reported a year-on-year increase in revenue for the first six months of 2019, while the supplier was also able to halve its…
GAN hails US growth as Q2 client revenue soars
Online betting and gaming technology provider GAN has cited ongoing growth in the US sports betting and igaming markets as the main driver of a…
Rhode Island sportsbook revenue more than doubles in June
Rhode Island’s regulated sports betting sector has enjoyed its strongest month to date, with revenue hitting a new high of $2.2m in June. Revenue at…
theScore NJ sportsbook app remains on schedule
Canadian digital media company theScore said the launch of its mobile sportsbook app in New Jersey remains on schedule following the release of its results…
BCLC posts record revenue for 2018-19 fiscal year
The British Columbia Lottery Corporation (BCLC) has posted record revenue of CAD$2.59bn for the 2018-19 fiscal year, an increase of 3.5% from the prior year.…
Mississippi sports betting market recovers in June
Revenue from Mississippi’s regulated sports betting market increased by 35.4% month-on-month in June, despite the state seeing a 12.7% decline in amounts wagered. Sports betting…
New Jersey igaming dashboard – July 2019
iGaming Business and Ficom Leisure are pleased to present the New Jersey iGaming Dashboard, providing revenue and product metrics on the state’s regulated market. The…
New Jersey boosted by land-based growth in June
Land-based casino win helped push revenue in the regulated New Jersey gambling market up month-on-month to $283.8m (£225.7m/€251.6m) in June, despite the state seeing declines…
West Virginia sports betting revenue plummets in June
Sports wagering revenue in the regulated West Virginia market plummeted by around 148.2% month-on-month to $377,552 in June, while total handle also dropped by 13%.…
State of the Union: California, Illinois and more
This week’s State of the Union, in partnership with Segev LLP, covers Illinois Governor signing a wide-ranging gaming expansion bill into law, as well as…