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MGM Resorts

MGM Resorts profits as second quarter revenue climbs to $2.3bn

New York-listed casino and sportsbook operator MGM Resorts International has reported net revenue of $2.3bn for the second quarter of 2021, benefiting from the easing of operational restrictions and an increase in travel.

Net revenue soared by 683 per cent compared to the prior year period, which was negatively affected by [...]

1 min read

Wynn Resorts sees Q2 revenue climb to $990.1m

New York-listed casino operator Wynn Resorts has reported improved results for the second quarter of 2021, as total operating revenue increased to $990.1m.

Second quarter revenue soared compared to the Covid-impacted $85.7m in revenue in Q2 2020, with Wynn Palace in Macau contributing $270.4m and Wynn Macau a further $184.0m.

The company’s [...]

1 min read

Playtika benefits from lower costs in second quarter

New York-listed social gaming operator Playtika has reported a 1 per cent increase in revenue to $659.2m for the second quarter of 2021.

The company enjoyed strong growth from its casual gaming portfolio, which saw revenue climb 16 per cent year-on-year, while Bingo Blitz revenue was up 20 per cent and [...]

1 min read
Caesars Entertainment

Caesars returns to growth as second quarter revenue hits $2.5bn

New York-listed Caesars Entertainment has posted net revenue of $2.5bn for the second quarter of 2021, including $86m from its growing sports betting and iGaming division.

With casino operations returning to normal following state-mandated Covid-19 restrictions last year and for parts of this year, the Las Vegas segment generated net revenue [...]

1 min read

Latvia iGaming growth fails to offset land-based decline

Latvia’s regulated gambling market saw turnover decline by 24.5 per cent to €55.9m in the first half of 2021, with a strong performance from licensed iGaming operators unable to offset the effects of the Covid-19 pandemic on the land-based sector.

Total market turnover fell significantly compared to the same period last [...]

1 min read
IGT

Lottery drives strong Q2 revenue growth for IGT

New York-listed International Game Technology (IGT) has reported a 74 per cent increase in revenue to $1.04bn in the second quarter of 2021, driven by a record performance from its Global Lottery business.

Global Lottery revenue increased by 58 per cent versus a year ago to $725m, with same-store sales climbing [...]

1 min read
Drew Svitko Pennsylvania Lottery

Pennsylvania Lottery enjoys record year as sales top $5.3bn

The Pennsylvania Lottery has set a new record for sales and profit during its 2020/21 fiscal year, buoyed by another sales record from its growing online lottery platform.

Total lottery sales rose to $5.3bn during the year as sales of Scratch-Off games climbed 17 per cent to $3.7bn, surpassing the previous [...]

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China lottery market sees first half sales grow to €23.2bn

China’s two state-owned national lotteries have generated total lottery sales of RMB178.44bn (€23.2bn) in the first half of 2021.

Lottery sales grew by 44 per cent compared to the same period last year, despite growth slowing in June as sales rose by just 3 per cent to RMB34.61bn.

There was continued growth [...]

1 min read
Lottery.com

Strong Q2 boosts Lottery.com first half revenue

Texas-based online lottery provider Lottery.com expects to report strong results for the first half of 2021 with revenue expected to climb to between $14.6m and $15.1m.

In its preliminary results, the company said it enjoyed a strong performance during the second quarter with revenue expected to soar to between $9.1m and [...]

1 min read

Virginia sportsbook handle grows to $234.9m in June

Virginia’s licensed sports betting operators generated $234.9m in handle in June.

The fifth full month following the launch of regulated sports betting on 21 January saw Virginia's total sports betting handle climb by 3 per cent month-on-month, according to latest data released by the Virginia Lottery.

The state’s seven licensed operators paid [...]

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bet-at-home.com first half revenue falls 9%

Frankfurt-listed bet-at-home.com has reported a 9 per cent drop in gross betting and gaming revenue to €56.8m in the first half of 2021.

The company attributed the year-on-year decline to regulatory developments in its core market of Germany, which had a negative impact on customer activity during the period, including results [...]

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Nevada gaming win surpasses $1bn for 4th consecutive month

Nevada casinos generated total gaming win of $1.19bn during the month of June.

Marking the fourth consecutive month that the state’s regulated gambling market generated more than $1bn, gaming win soared by 110.5 per cent compared to the same month last year, which was negatively impacted by Covid-19 restrictions.

Gaming win fell [...]

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