Finance
Churchill Downs raises $500m through senior notes offering and term loan
Racing and gambling operator Churchill Downs Incorporated (CDI) has raised a total of $500m through a term loan and an offering of senior notes. Both…
AGS revenue down 48.6% in 2020
Gaming technology supplier AGS has released its financial results for the fourth quarter and full year 2020, showing total revenues of $167.0m, down 48.6% from…
Wynn to raise $630.6m through new share sale
Wynn Resorts expects to raise around $630.6m as it launches an underwritten public offering of 5.5m shares of its common stock, with an option to…
Tennessee sports betting handle jumps to $180.9m in December
The Tennessee Education Lottery (TEL) has published sports betting figures for December, the second month of legalized wagering in the US state, during which revenue…
theScore hails Q1 media revenue growth as betting handle soars
Canadian betting and media business theScore saw revenue fall 7.6% year-on-year in its first quarter, with a record performance from its media division offset by…
Felicia Hendrix to step into Penn National CFO role
Casino operator Penn National Gaming announced that executive vice president and chief financial officer David Williams stepped down from his role as of December 31,…
New York sports betting revenue doubles in November
Gross gaming revenue from sports betting in the state of New York doubled year-on-year in November to $2.6m, according to new figures published by the…
Detroit casino revenue halves in November amid latest Covid-19 closures
Revenue from the three commercial casinos in Detroit, Michigan more than halved in November following a temporary order closure issued by Governor Gretchen Whitmer in…
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Read now!Mississippi sports betting revenue down 28.7% in October
The Mississippi Gaming Commission has reported a 28.7% year-on-year decline in sports wagering revenue in October, despite the state’s handle increasing by 27.5%. Revenue for…
PA posts record igaming and sports betting revenue in October
Record online gambling and sports betting revenue in October drove overall market revenue in Pennsylvania up 12.9% year-on-year, according to new figures from the state…
Record month for betting & igaming drive NJ revenue growth in October
Gambling revenue in New Jersey increased by 15.0% year-on-year in October, as the state posted record monthly revenue for sports betting and online casino. Overall…
Detroit commercial casinos post $101.4m in revenue for October
Detroit’s three commercial casinos reported $101.4m in revenue for October, including $7.6m from sports betting, while the Michigan Gaming Control Board has approved the renewal…
US acquisitions drive Century Casinos to record growth in Q3
Century Casinos has credited increases in revenue and profit for the third quarter to the impact of its acquisition of US casino properties from Eldorado…
Full House sees net profit rocket in Q3 following casino reopenings
Full House Resorts has reported a 721.8% year-on-year rise in net profit for the third quarter, as the regional US casino operator’s properties rebounded from…
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