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AGS revenue falls 45% in 2020 despite Online growth

New York-listed gaming supplier AGS has reported a 45 per cent drop in revenue to $167.0m in 2020, as a decline in its land-based electronic gaming machine (EGM) business offset growth online.

Revenue from EGM fell by 48 per cent year-on-year to $151.8m, with nearly all of AGS’ customers forced to [...]

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Bally’s primed for 2021 growth after executing strategic growth initiatives

New York-listed casino operator Bally’s Corporation has recorded a 29 per cent fall in revenue to $372.8m in 2020.

Revenue in Q4 fell by 9 per cent year-on-year to $118.1m due to the ongoing negative impact of COVID-19, including the mandated closure of both of its Rhode Island properties for three [...]

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Entain posts 2020 revenue of £3.6bn as international gains offset by COVID-19 impact

London-listed betting and gaming operator Entain has reported flat net gaming revenue (NGR) of £3.63bn for 2020, with strong growth in international operations offset by the impact of the COVID-19 pandemic on its retail businesses.

In the first half of the year, NGR decreased by 11 per cent, with a strong [...]

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William Hill

William Hill posts 2020 profit despite COVID-19 impact on retail

London-listed betting and gaming operator William Hill has reported a 16 per cent fall in net revenue to £1.32bn for 2020, as the COVID-19 pandemic led to the disruption of live sporting events and closures and restrictions to retail.

Retail net revenue was down by 51 per cent at £354.2m in [...]

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Delaware sportsbooks return to growth in January

Delaware’s regulated sports betting market returned to growth in January as total wagers increased by 28 per cent year-on-year to $11.7m.

After several months of decline due to the impact of COVID-related casino closures and restrictions, the state’s three licensed operators all recorded growth in January 2021 compared to a year [...]

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IGT posts $898m loss in 2020 as revenue falls 23%

New York-listed International Game Technology (IGT) has reported a 23 per cent fall in total revenue to $3.12bn in 2020, reflecting the continued global impact of the COVID-19 pandemic.

Revenue improved during the final quarter of 2020 but was still 15 per cent lower than a year ago at $885m, with [...]

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China lottery market returns to growth in strong start to 2021

China’s lottery market enjoyed a strong start to 2021 as total lottery sales increased to RMB35.76bn in January.

After sales were decimated by the COVID-19 pandemic in 2020, sales returned to growth in January, climbing 31 per cent year-on-year.

Growth was driven by a 43.5 per cent increase in Sports Lottery sales [...]

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Sweden records stable gambling revenue in 2020

Sweden’s licensed gambling operators generated total gross gaming revenue of SEK24.7bn (€2.4bn) in 2020, buoyed by a strong fourth quarter.

Gross gaming revenue (GGR) from online and land-based gaming fell by 0.4 per cent in 2020 according to the latest data from the Swedish tax authority.

The full year performance was buoyed [...]

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Virginia sports betting market hits $58.9m handle in first 11 days

Virginia’s nascent online sports betting market generated wagers of almost $59m in its first 11 days, despite the limited number of operators who were active during that period.

From the launch of regulated sports betting on January 21 through to the end of the month, players in Virginia wagered a total [...]

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Veikkaus counts cost of pandemic as 2020 revenue falls to €1.26bn

Finland's state-owned gaming operator Veikkaus has posted a 25.5 per cent drop in total gross gaming revenue to €1.26bn in 2020, as its retail network was negatively impacted by the COVID-19 pandemic.

Sales at Veikkaus’ retail points of sale declined as land-based slot machine and gaming arcades were closed for around [...]

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Flutter Entertainment

Flutter slips to 2020 loss as Stars’ acquisition weighs on bottom line

London-listed Flutter Entertainment has posted a 106 per cent increase in reported group revenue to £4.4bn in 2020, including results from The Stars Group (TSG) from May.

On a pro forma basis, which includes TSG’s results for both 2019 and 2020, group revenue was up 27 per cent year-on-year to £5.26bn [...]

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SciPlay lauds record year as 2020 revenue reaches $582.2m

New York-listed social casino operator SciPlay has posted record results for 2020 as revenue increased by 25 per cent to $582.2m.

The operator benefited from a strong performance during the final quarter of the year as revenue climbed 30 per cent year-on-year to $147.1m, with mobile contributing 87 per cent of [...]

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