Finance

1st October 2020

State of the Union: William Hill, 5Dimes, Nevada and more

This week’s State of the Union, in partnership with Segev LLP, covers Caesars Entertainment’s agreement to purchase British betting operator William Hill, Costa Rica-based sportsbook…

1st October 2020

Delaware sports betting revenue improves in September

Sports wagering revenue in Delaware amounted to $904,450 in the month to 27 September, which despite marking a month-on-month improvement, remains far behind 2019 levels. …

30th September 2020

Penn National Gaming public offering hits $982.1m target

Casino operator Penn National Gaming (PNG) has raised $982.1m through a public offering of shares, with the proceeds to be used to fund its online…

30th September 2020

Caesars reaches agreement on William Hill acquisition

US gambling giant Caesars Entertainment Inc. has agreed terms on a deal for its Caesars UK Holdings subsidiary to acquire the entire William Hill business…

29th September 2020

Retail resurgence drives RI sports betting revenue in August

The Rhode Island Lottery has reported an increase in sports betting revenue and player spending in August, primarily due to increased activity at the state’s…

28th September 2020

Caesars details £2.9bn takeover offer for William Hill

US gaming giant Caesars Entertainment Inc. has set out further details of its possible cash offer for William Hill, saying that it is set to…

25th September 2020

New Jersey iGaming Dashboard – September 2020

New Jersey set a new record monthly total for online casino revenue in August as licensees generated $87.8m from slots and table games. iGaming Business…

25th September 2020

PNG aims to raise up to $982.1m through public offering

US casino operator Penn National Gaming (PNG) has announced details of a new underwritten public offering, through which it could generate up to $982.1m in…

24th September 2020

State of the Union: Scheinberg, CO, TN and more

This week’s State of the Union, in partnership with Segev LLP, includes PokerStars founder Isai Scheinberg’s fine for operating an illegal gambling business, a successful…

24th September 2020

CO sports betting handle more than doubles in August

The Colorado Department of Revenue has reported a 20.8% month-on-month decline in sports betting revenue in the state during August, despite its handle more than…

20th September 2020

Indiana iGaming Dashboard – September 2020

After something of a stop-start recovery over the previous few months, in August Indiana’s sports betting market proved it was on firm footing again with…

17th September 2020

Iowa sports betting dashboard – September 2020

Iowa’s online betting market posted its strongest revenue figure since February, and retail its highest total since January, as the market roared back to life…

17th September 2020

Delaware igaming growth continues into August

Online gambling revenue in the state of Delaware totalled $808,623 in August, up 263.4% year-on-year and also an improvement on July’s figures. Data from the…

17th September 2020

iGaming and sports betting push PA revenue up in August

The Pennsylvania Gaming Control Board (PGCB) has reported a 5.8% year-on-year increase in revenue in August, driven by igaming and sports betting growth. Overall gambling…