Gambling
Michigan casino revenue down 39.2% in opening four months
The Michigan Gaming Control Board has revealed that revenue generated by the three commercial casinos in Detroit was down 39.2% year-on-year during the four months…
MGM Resorts reveals safe reopening plans for US casinos
MGM Resorts has set out a new strategy for safely reopening its casinos, having been forced to close venues in March due to novel coronavirus…
OIGA suspends two members over state compacts
The Oklahoma Indian Gaming Association (OIGA) has voted to suspend two of its members after they signed new gaming compacts to offer Class III games,…
AGS slips to loss in Q1 as Covid-19 casino closures hit
Gaming technology supplier AGS has said that enforced closures as a result of the novel coronavirus (Covid-19) global pandemic were to blame for it posting…
GAN raises $62.4m from US IPO
Gambling software provider GAN has revealed that it was able to generate a total of $62.4m from its US initial public offering, signficantly more than…
Impairment charges hit Penn National bottom line in Q1
Penn National Gaming (PNG) has posted a loss of $608.6m for the first quarter of 2020, primarily due to impairment charges and the shutdown of…
DraftKings launches online casino in Pennsylvania
Real money gaming and fantasy sports operator DraftKings has announced the launch of its new online casino product in the state of Pennsylvania. Launched in…
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…
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…
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…
Net loss reaches $14.6m for theScore in H1
Canadian media business theScore has revealed that an increase in spending, mainly related due to its expansion efforts in North America, led to it posting…
SG poaches Aristocrat’s Schneider for product officer role
Scientific Games has announced the appointment of Aristocrat’s Rich Schneider as its new chief product officer, effective from mid-2021. In is new role, Schneider will…
SG pens long-term deal with South Carolina Education Lottery
Scientific Games has expanded its long-term relationship with the South Carolina Education Lottery after securing a new six-year contract with the organisation. Under the new…
WSOP 2020 postponed amid Covid-19 pandemic
Organisers of the World Series of Poker (WSOP) have announced that the 2020 edition of the tournament will be postponed due to the global outbreak…