Casino
NV Governor grants casinos legal protection in Covid-19 bill
Nevada Governor Steve Sisolak has signed into law a new bill that will protect gambling businesses from lawsuits related to novel coronavirus (Covid-19). Senate Bill 4 covers…
Detroit casino revenue decline widens to 65.0%
The year-on-year decline in revenue for Detroit’s three commercial casinos has widened to 65.0% as of July 31, the final full month the venues will…
Twin River reports $32.4m first half net loss
Twin River Worldwide Holdings saw revenue for the first half of 2020 fall 47.7% year-on-year, becoming the latest listed US operator to outline the disruption…
Online potential prompts IAC to acquire $1bn MGM stake
Digital media giant InterActiveCorporation (IAC) has acquired a 12% stake in MGM Resorts International, describing the investment as a “once in a decade” opportunity. IAC,…
Century Casinos posts $58.9m H1 loss despite revenue growth
Century Casinos Inc. has reported a net loss of $58.9m for the first half of 2020, despite its US operations driving a 26.2% year-on-year increase…
Golden Ent exceeds expectations despite 69.4% Q2 revenue drop
Golden Entertainment said results since reopening “have exceeded expectations”, despite a 69.4% drop in revenue to $76.0m in the three months to 30 June and…
Losses widen at Full House Resorts in first half
US casino operator Full House Resorts has put a year-on-year increase in net loss for the first half of 2020 primarily down to the temporary…
Combined Caesars-Eldorado business posts $1.17bn loss in H1
Caesars Entertainment Inc. – the new name for the combined Caesars Entertainment Corporation and Eldorado Resorts business – has reported a $1.17bn net loss for…
AGS losses soar in second quarter
Gaming technology supplier AGS’s revenue fell 77.5% to $16.8m as its losses increased almost six-fold for the three months ending 30 June. Gaming operations revenue…
Interview: George Papanier, CEO, Twin River Worldwide Holdings
As properties reopen following a shutdown enforced by novel coronavirus (Covid-19), Twin River Worldwide Holdings president and chief executive George Papanier tells iGB North America why he…
State of the Union: IGT-FanDuel, Wynn, NV and more
This week’s State of the Union, in partnership with Segev LLP, includes results from many of the US gaming industry’s largest operators as well as…
Playtech casino launches in New Jersey with bet365
Industry giant Playtech today announced it has launched its casino content in the state of New Jersey, through its long-term strategic partnership with major global…
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,…
Century Casinos sells Calgary casino operations for CAD$10m
Century Casinos, Inc. announced on August 5 the sale of the casino operations of Century Casino Calgary, to the recently incorporated 2267166 Alberta Ltd. The…