Novel Coronavirus
DraftKings revenue up 27.1% in H1 as net loss widens
Sports betting and daily fantasy giant DraftKings reported a 27.1% year-on-year rise in revenue for the first half of 2020, though the business’ net loss…
US GGR down 45.6% in H1 as Covid-19 wreaks havoc
US commercial gross gaming revenue (GGR) for the first half of 2020 fell 45.6% year-on-year to $11.70bn, according to the latest figures from the American…
Lotteries: Progress after the pandemic?
Many state lotteries have seen their revenues dry up thanks to lockdowns that have impacted retail sales. Joanne Christie considers whether or not this might prompt more…
Penn Q2 revenue collapses amid Covid-19 closures
Penn National Gaming’s revenue for the second quarter of 2020 fell 76.9% as venue closures across the country led to a $213.9m loss for the period,…
Nevada regulator to fine Sahara for Covid-19 breaches
The Nevada Gaming Control Board is to fine the Sahara Las Vegas casino for four breaches of emergency health and safety guidelines issued because of…
Lockdown reveals poker’s qualities—can the trend be sustained?
Online poker has enjoyed something of a revival during lockdown but how are operators responding to the increased levels of interest, and can they sustain…
MGM names Hornbuckle permanent CEO
MGM Resorts International has named Bill Hornbuckle, its current acting chief executive and president, to those roles on a permanent basis, as well as to…
Reopened Nevada casinos see revenue fall 45.6% in June
In their first month back after closures due to the novel coronavirus (Covid-19), Nevada casino revenue reached $566.8m, down 45.6% year-on-year, with sportsbooks in the…
Boyd Q2 revenue falls 75% after Covid-19 closures
Regional casino operator Boyd Gaming saw revenue for the quarter ending 31 June collapse by 75.2% due to the novel coronavirus (Covid-19) outbreak, as the…
Las Vegas Sands loses $1bn in H1 amid Covid-19
Land-based gaming giant Las Vegas Sands saw revenue fall 73.1% year-on-year for the six months ended 30 June, 2020 after Q2 revenue collapsed to almost…
Pennsylvania boosted by casinos reopening in June
Pennsylvania saw gambling revenue more than double month-on-month as casinos reopened during June. According to figures released by the Pennsylvania Gaming Control Board (PGCB), the…
Ontario gaming venues to begin reopening from July 17
The Ontario Lottery and Gaming Corporation (OLG) will permit certain casinos and charitable gaming centers to resume operations when the province enters stage 3 of…
Boyd begins laying off furloughed employees
Casino operator Boyd Gaming has taken the “extremely difficult decision” to lay off staff members still on furlough, having warned in May that disruption caused…
Colorado betting revenue reaches $946,741 in debut month
Colorado’s regulated sports betting market generated revenue of $946,741.34 in May, the first full month of legal wagering in the Centennial State. In total, players…