News
Nevada casinos limited to 50% occupancy after reopening
Casinos in Nevada must limit the number of players in their facilities and at gaming tables in order to prevent transmission of novel coronavirus (Covid-19)…
Illinois announces latest extension to gaming shut-down
The Illinois Gaming Board has once again extended the suspension of all brick-and-mortar gaming activity in the state as a result of novel coronavirus (Covid-19). …
CANJ and AtlantiCare collaborate on reopening NJ casinos
The Casino Association of New Jersey (CANJ) and healthcare system AtlantiCare will work together to create a “comprehensive plan” to reopen casinos in Atlantic City…
Nascar sets out plans to resume racing on May 17
Organizers of the Nascar motor-racing series have announced plans to resume racing on 17 May with a Nascar Cup Series event at the Darlington Raceway…
MGM revenue falls but property sales increase profits in Q1
MGM Resorts’ revenue fell 29.1% to $2.25bn for the first quarter of 2019 due to the effects of the novel coronavirus (Covid-19), but the operator’s…
Colorado sports betting launches
Legal wagering launched in Colorado on May 1, with four operators going live, while a further tranche of licenses were handed out at yesterday’s Limited…
Impairment expenses push CDI to loss in Q1
Churchill Downs Incorporated (CDI) has posted a net loss of $23.4m for the first quarter, primarily due to write-downs of business assets. Net revenue in…
Covid-19 cuts into Nevada gaming revenue in March
The closure of Nevada’s casinos from 17 March as a result of the novel coronavirus (Covid-19) pandemic has resulted in gaming revenue falling 39.6% year-on-year,…
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Read now!Boyd slips to loss in Q1 after Covid-19 closures
Boyd Gaming slipped to a loss for the first quarter in 2019, as the closure of all its venues due to the novel coronavirus (Covid-19)…
Rhode Island betting revenue down 45.6% in March
The Rhode Island Lottery has reported a 45.6% year-on-year decline in sports betting revenue for March, following the suspension of sporting action and closure of…
PointsBet Q3 revenue more than doubles due to US, Aus growth
PointsBet took in net win revenue of AUD$18.7m (£9.7m/€11.2m/US$12.2m) in the third quarter of its fiscal year, up 139.7%, as its business in both Australia…
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…
Caesars launches assistance fund for staff and communities
Caesars Entertainment has launched a new assistance fund to support staff and local communities across the US negatively impacted by the outbreak of novel coronavirus…
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