Finance
Lottery.com expects revenue to rocket in second quarter
Lottery broker and information portal Lottery.com expects revenue for the second quarter of its 2021 financial year to increase by up to 966.7% year-on-year. Lottery.com…
Rhode Island sports betting revenue reaches $36.2m in FY2021
Sports betting revenue in Rhode Island amounted to $36.2m in the state’s 2021 financial year, almost double the total generated in the previous 12-month period.…
Nevada revenue dips in June despite casinos returning to full capacity
Gaming revenue in Nevada fell 3.3% month-on-month in June despite land-based casinos across the US state returning to full capacity following the easing of novel…
Massachusetts State Lottery breaks sales and profit records in 2021
The Massachusetts State Lottery recorded an all-time record profit of $1.105bn in its 2021 fiscal year, consisting of the twelve months to June 30, 2021.…
Revenue increase drives net profit up 163.2% at VICI Properties in H1
VICI Properties, the real estate investment trust spun off from Caesars Entertainment in 2017, has reported a year-on-year increase in revenue and net profit during…
Red Rock Q2 revenue nearly quadruples as pandemic restrictions ease
Red Rock Resorts announced revenue figures of $428.2m (£306.7m/€360.5m) for the second quarter of 2021, representing a 294.7% increase on the same period last year.…
PointsBet records 153.9% revenue growth in FY2021
Australia-based online bookmaker PointsBet has reported a 153.9% year-on-year revenue increase in its results for the 2020-21 financial year, ended 30 June. Revenue came to…
Churchill Downs sees profit reach $144.4m in H1 as revenue rockets 91.6%
Churchill Downs Incorporated (CDI) returned to profit in the first half of its financial year as revenue almost doubled year-on-year following the easing of novel…
Tennessee betting revenue bounces back in June
The Tennessee Education Lottery (TEL), which is responsible for licensing and regulating online sports betting in the state, has reported that customers wagered a total…
Boyd Gaming returns to profit in H1 as revenue rockets 85.0%
US land-based casino operator Boyd Gaming returned to profit in the first half of its financial year after reporting an 85.0% year-on-year increase in revenue.…
GLPI fundraising deal “not necessary” for Bally’s as Q2 revenue rockets
Bally’s has projected a total consolidated revenue between $258m and $268m in its second quarter of 2021, a year-on-year improvement of up to 823.3% in…
State of the Union: DraftKings, Sands, New Jersey and more
This week’s State of the Union, in partnership with Segev LLP, includes DraftKings’ expansion into the world of NFTs, Las Vegas Sands’ earnigns report for…
Virginia Lottery Board approves new casino regulations
Virginia’s Lottery Board has has given its initial approval to new regulations that will govern the new land-based casinos set to be built in the…
New Hampshire betting revenue bounces back in June despite handle decline
The New Hampshire Lottery has reported a 25.8% month-on-month rise in sports betting revenue in June, despite the US state’s handle slipping to its lowest…