Finance
CDI hails P2E acquisition impact as revenue hits record $559.5m in Q1
Churchill Downs Incorporated (CDI) said its acquisition of properties from Peninsula Pacific Entertainment (P2E) helped drive the operator to record net revenue in the first…
Majority of gaming executives reserved on future outlook
Industry trade body the American Gaming Association’s (AGA) survey of gaming executives revealed that a majority of those queried are muted on the industry’s future…
Baccarat decline pushes Nevada revenue down 2.2% in March
Gambling revenue in Nevada fell 2.2% year-on-year in March, primarily due to a 51.0% drop in baccarat revenue during the month. Total market revenue in…
Online growth drives revenue up at Boyd Gaming in Q1
Boyd Gaming said growth within its igaming operations helped push revenue up year-on-year during the first quarter of 2023, despite its land-based business experiencing a…
Gambling.com revenue set to hit $26.9m in Q1 2023
Gambling.com has reported its preliminary first quarter results for 2023, noting that revenue is expected to lie between $26.4m (£21.3m/€26.0m) and $26.9m for the period.…
Mississippi bounces back in March as handle and revenue climb
Sports betting revenue and handle in Mississippi both increased month-on-month in March, while the US state also reported a year-on-year rise in revenue despite a…
Record igaming revenue drives growth in Michigan in March
Gross online gambling revenue from commercial and tribal operators in Michigan jumped 33.4% year-on-year in March, helped by record monthly igaming revenue. Gross receipts for…
Pennsylvania gambling revenue exceeds $500m for the first time in March
Pennsylvania set a new record in March after monthly gambling revenue surpassed $500.0m for the first time, while igaming revenue also reached an all-time high.…
New Jersey gambling revenue up 15% to $487.4m in March
Gambling revenue in New Jersey increased 15.0% year-on-year to $487.4m in March, with the state’s Division of Gaming Enforcement reporting growth across almost all market…
Detroit casino revenue down 2.6% to $119.2m in March
Gross gambling revenue from Detroit’s three commercial casinos fell 2.9% to $119.2m in March compared to the $122.8m that the venues achieved in the previous…
New York online sports wagers reach $16.40bn in FY22
Consumers in New York spent $16.40bn betting on sports online during the first full financial year of regulation in the US state, while revenue for…
DC sports betting revenue up in February despite handle decline
Sports wagering revenue in Washington DC increased year-on-year during February despite a fall in player spending. Gross gaming revenue for the month reached $1.2m, which…
Nevada gambling revenue hits $1.24bn in February
Gambling revenue in Nevada reached $1.24bn in February, with the state reporting a year-on-year increase of 11.7%. Total market revenue was ahead of $1.11bn in…
Rhode Island sports betting revenue level in February
Revenue from sports betting in Rhode Island remained level year-on-year in February, while the state reported only a marginal increase in handle. Wagering revenue for…