Finance
State of the Union: NJ, PA, Sands and more
This week’s State of the Union, in partnership with Segev LLP, covers another month of record figures from both Pennsylvania and New Jersey, as well…
iGaming veterans’ SPAC targets major M&A after $250m Nasdaq listing
A special purpose acquisition company (SPAC) formed by a host of leading igaming and social media executives, begins trading on the Nasdaq Capital Market today…
Sands begins recovery in Q3, but revenue still down 82%
Las Vegas Sands showed signs of recovery from the second quarter’s novel coronavirus (Covid-19) disruption, but revenue was down 82.0% and third quarter losses came to…
New Jersey iGaming Dashboard – October 2020
The continuing downtrend in poker saw New Jersey narrowly miss out on setting a new monthly igaming record in September, though on the sports front…
TN lottery revenue grows to $492.8m in first quarter
The Tennessee Education Lottery Corporation (TEL) transferred $114.0m to the Lottery for Education Account following a record performance in the first quarter of its 2021…
Mississippi sees further sports betting growth in September
The Mississippi Gaming Commission has reported a 17.9% year-on-year rise in sports betting revenue in September, while the US state’s handle also increased during the…
Playtika prepares for US initial public offering
Social gaming giant Playtika has filed a draft registration statement with the US Securities and Exchange Commission (SEC) ahead of an initial public offering of…
Record igaming performance drives PA revenue up in September
Aa record performance from Pennsylvania’s online gambling market in September helped push overall market revenue in the state up 1.1% year-on-year. Total revenue for September…
Delaware igaming revenue grows again in September
Online gambling revenue in Delaware climbed 118.3% year-on-year to $840,146 in September, the second consecutive month of growth for the market. The month-on-month increase comes…
DC’s Gambet grows in September, but WH extends lead
The DC Lottery’s Intralot-powered Gambet app saw stakes jump 53.3% month-on-month in September, but it still lags far behind William Hill’s retail sportsbook, in terms…
NJ revenue up in September as sports wagers reach $748.6m
The New Jersey Division of Gaming Enforcement (NJDGE) has reported a 6.5% year-on-year in increase in gambling revenue for September, aided by ongoing growth in…
Iowa sports betting dashboard – October 2020
Iowa’s sports betting market continued to recover strongly last month, with revenues climbing firmly above pre-crisis levels and handle hitting an all-time high. iGaming Business…
State of the Union: Bally’s, Indiana, Rush Street Interactive and more
This week’s State of the Union, in partnership with Segev LLP, covers yet more US M&A activity, as Twin River acquires the Bally’s brand from…
NY sports betting revenue falls 38.5% following September relaunch
New York’s four commercial casinos generated sports betting revenue of $1.4m after reopening on September 9, once the state’s novel coronavirus (Covid-19) lockdown measures were…