Casino
MGM revenue declines in first two months of 2020
MGM Resorts issued an earnings update amid the Covid-19 pandemic, reporting that revenue has declined for the first two months of 2020, but net income…
Final US commercial casinos close amid Covid-19 outbreak
The American Gaming Association (AGA) has repeated its call for the federal government to support the US gambling industry after the last remaining commercial casinos…
KamaGames and Hard Rock launch social casino app
Social gaming operator KamaGames has linked up with Hard Rock International to launch a new social casino mobile application. Hard Rock Blackjack features a range…
Galaxy Gaming revenue and earnings increase in 2019
Table games supplier Galaxy Gaming’s revenue increased 14.5% to $21.3m for 2019 and said it remains confident that it has the funds to survive the…
US economy faces $43.5bn hit from casino closures
The American Gaming Association (AGA) has said that the widespread shutdown of casinos across the US could cost the country’s economy as much as $43.5bn…
Galaxy Gaming suspends payments from closed casinos
Casino table game supplier Galaxy Gaming has suspended billing any casinos that have closed due to the outbreak of the novel coronavirus disease (Covid-19). The…
New Jersey reveals year-on-year market growth in February
The New Jersey Division of Gaming Enforcement (NJDGE) has reported a year-on-year increase in revenue across all market sectors in February, despite the sports betting…
Maverick Gaming to purchase Nevada casino from Eldorado
US casino operator Maverick Gaming has agreed a deal to acquire the Montbleu Resort Casino & Spa in Lake Tahoe, Nevada, from Eldorado Resorts for…
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Read now!Nevada sports betting revenue reaches $20.2m in January
Sports wagering revenue in Nevada climbed 36.0% year-on-year to $20.2m in January, while statewide casino gaming revenue was also up 5.5% to $1.04bn. Players spent…
Caesars Entertainment slips to $1.20bn net loss in 2019
Caesars Entertainment Corporation (CEC) reported a slight increase in revenue for 2019, though fair value changes in its convertible notes led to the operator posting…
Loto Quebec revenue falls in Q3 as key verticals struggle
Loto Quebec’s revenue fell 11.1% to $685.6m as a lack of larger jackpots slashed lottery revenue, while revenue from other verticals also declined in the…
Detroit Casinos bring in $120m in January
Detroit’s three commerical casinos brought in $120m in revenue in January 2020, up 7.1% year-on-year, as revenue from each casino increased. This revenue figure was…
MGM revenue increases beyond $12bn in 2019
Revenue at MGM resorts increased 9.6% year-on-year while the sale of the Bellagio resort boosted profits as the operator continues to pivot its business model…
New Jersey sets sports betting revenue record in January
Licensed operators in New Jersey generated $53.6m in sports betting revenue in January, representing a new monthly record for the state. January revenue comfortably surpassed…
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