Finance
State of the Union: Michigan, NY, SBTech, Nevada and more
This week’s state of the union, in partnership with Segev LLP, includes Michigan’s first sports betting figures, while sportsbooks in New York bounced back from…
AGA urges President Trump to amend Paycheck Protection Program
American Gaming Association (AGA) president and chief executive Bill Miller has written directly to US President Donald Trump, urging him to amend the Small Business…
Michigan sports betting revenue hits $105,548 in debut month
Commercial casinos in Detroit, Michigan, generated $105,548 in retail sports wagering revenue during the few days legal betting in March, before sporting events and casino…
NY sports betting revenue up in March despite Covid-19 impact
The New York State Gaming Commission has reported a month-on-month rise in sports betting revenue for March, despite the state’s market being impacted by the…
Rhode Island sports betting revenue rises to $2.3m in February
Sports betting revenue in Rhode Island totalled $2.3m in February, representing a significant improvement on the loss of $890,623 posted in the same month in 2019.…
PNG sells Tropicana Las Vegas property, furloughs 26,000
Penn National Gaming (PNG) has taken measures to mitigate the effect of the novel coronavirus disease (Covid-19) on its business, selling and leasing back its…
Delaware sports betting revenue soars in February
The Delaware Lottery has revealed that sports wagering revenue in the state amounted to $159,800 in February, representing a huge year-on-year increase, but a sharp…
MGM revenue declines in first two months of 2020
MGM Resorts issued an earnings update amid the Covid-19 pandemic, reporting that revenue has declined for the first two months of 2020, but net income…
Clarion Gaming launches ICE North America Digital
Clarion Gaming has launched a free digital version of its flagship US event ICE North America, which will provide a comprehensive selection of discussion, expert…
NV sportsbooks bring in $38.1m in last month before shutdown
Nevada casinos brought in $1.04bn in revenue while sportsbook revenue grew to $38.1m in the last full month before the novel coronavirus (Covid-19) pandemic led…
What we’re doing to help during these challenging times
Managing director Kate Chambers explains Clarion Gaming is doing to ensure it fulfils its goal of delivering exceptional outcomes and experiences to the industry in…
State of the Union: ICE North America, Scheinberg, Casino closures and more
This week’s State of the Union, in partnership with Segev LLP, covers the continued impact of the novel coronavirus (Covid-19) pandemic on the US gambling…
Boyd withdraws dividend after Covid-19 closures
Land-based gaming operator Boyd Gaming has suspended its quarterly cash dividend due to the continued effects of the novel coronavirus (Covid-19) pandemic. The decision came…
AGA hails Senate passage of $2tn disaster aid bill
The American Gaming Association (AGA) has hailed the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act through the US Senate, saying it…