Finance
Pennsylvania sees igaming revenue surge in April
Pennsylvania’s online gaming revenue almost doubled to $43.1m in April, and with all casinos closed during the month, the vertical accounted for 93.4% of the…
Covid-19 impairment charges see IGT post Q1 loss
International Game Technology (IGT)’s revenue declined 17.9% to $940.2m in the first quarter of 2020, while a $296m impairment charge related to the effects of…
DraftKings losses widen further in Q1 despite revenue growth
DraftKings and SBTech both saw revenue grow in the first quarter of 2020, but combined losses widened to $74.0m in the pair’s last full quarter…
Full House slips to Q1 loss after Covid-19 revenue hit
Full House Resorts became the latest land-based operator to see its bottom line heavily impacted by novel coronavirus (Covid-19), as Q1 revenue fell 24.7% to…
State of the Union: NJ, Scientific Games, Caesars, IN and more
This week’s State of the Union, in partnership with Segev LLP, includes quarterly financial results from some of the US casino industry’s largest operators and…
Delaware reports igaming revenue rise for April
The Delaware Lottery has revealed a 39.0% year-on-year rise in online gambling revenue for April, aided by a hike in new registrations over the month.…
Covid-19 disruption erodes NJ revenue in April
The New Jersey Division of Gaming Enforcement has reported a 68.9% year-on-year drop in gaming revenue for April, after the novel coronavirus (Covid-19) pandemic shut…
Twin River sees Q1 momentum checked by Covid-19 closures
Casino operator Twin River Worldwide Holdings has reported a 9.5% year-on-year decline in revenue for the first quarter of the year, after a strong performance…
Michigan casino revenue down 39.2% in opening four months
The Michigan Gaming Control Board has revealed that revenue generated by the three commercial casinos in Detroit was down 39.2% year-on-year during the four months…
ICE North America Digital: Day 1 round-up
The inaugural edition of ICE North America opened with an overview of the impact of the novel coronavirus (Covid-19) from H2 Gambling Capital, while expert…
Scientific Games Q1 revenue declines amid Covid-19
Scientific Games saw revenue decline 13.0% to $725m and losses increase to $159m as the novel coronavirus (Covid-19) hit the business in terms of both…
Eldorado Resorts swings to Q1 loss amid Covid-19 shut-down
Casino operator Eldorado Resorts posted a $175.6m net loss for the first quarter of 2019 after a strong start to the period was hindered by…
Caesars returns to profit in Q1 despite revenue drop
Caesars Entertainment Corporation (CEC) reported $123m in comprehensive profit for the first quarter of 2020, despite experiencing a year-on-year drop in revenue due to enforced…
Indiana sportsbook handle falls further in April
Indiana sportsbook revenue and handle continued to decline due to novel coronavirus (Covid-19), with sportsbooks in the state reporting revenue of $1.6m for April, down…