New York-listed casino operator Las Vegas Sands has reported a 16 per cent fall in net revenue to $1.20bn for the first quarter of 2021, as pandemic-related travel restrictions and reduced visitation continued to impact results.
With its Las Vegas property and operations presented as discontinued operations for sale, the company [...]
London-listed gaming operator Rank Group ended the first quarter of the year with enough cash and available facilities to meet its minimum liquidity covenant of £50.0m, despite a 72 per cent drop in total net gaming revenue (NGR) for the period.
The company issued a liquidity and trading update Thursday morning, [...]
New York-listed racing and gaming operator Churchill Downs Incorporated (CDI) has reported a 28 per cent increase in net revenue to $324.3m for the first quarter of 2021.
The year-on-year revenue growth was boosted by record performances from the company's Derby City Gaming and TwinSpires wagering businesses, as well as the [...]
BetMGM expects to generate more than $1bn in net revenue from its sports betting and gaming operations next year after growing revenue to $163m in Q1 2021.
During its investor day event on Wednesday, BetMGM revealed the key drivers of its strong momentum and future expectations in the United States, and [...]
Michigan’s nascent online sports betting and iGaming market reached new heights in March as operators generated gross receipts of $127.4m during the month.
The state’s 12 licensed operators saw gross receipts from iGaming reach $95.1m, while online sports betting gross receipts rose to $32.3m from total handle of $359.5m.
Retail sports betting [...]
Mississippi’s licensed sports betting operators collected wagers of $50.5m in March, with basketball representing two-thirds of the total.
Total wagers from the state’s 26 licensed sportsbooks soared by 370 per cent compared to last year’s $10.7m, as casinos were closed in mid-March 2020 and major sports leagues suspended due to Covid-19 [...]
Delaware’s regulated iGaming market recorded a 94 per cent increase in net revenue to $2.4m in the first quarter of 2021, buoyed by another record performance in March.
The state’s three licensed iGaming operators saw total amounts wagered climb by 88 per cent to a record $30.7m in March, with net [...]
Pennsylvania’s regulated betting and gaming market generated total revenue of more than $400m for the first time in March 2021.
Buoyed by the continued strong performance of licensed iGaming and sports betting operators, total revenue climbed by 162 per cent versus a year ago to $403.1m, with the comparable period last [...]
New Jersey’s licensed betting and gaming operators recorded a strong performance in March as total revenue increased by 120 per cent compared to the same period last year.
Revenue grew to $359.3m in March 2021, reflecting the impact of Atlantic City casino closures a year ago due to the Covid-19 pandemic.
With [...]
French gaming operator La Française des Jeux (FDJ) grew revenue by 5.2 per cent to €538m in the first quarter of 2021.
Despite the shutdown of almost 10 per cent of FDJ points of sale during the period and a 7pm curfew due to the coronavirus pandemic, total stakes increased by [...]
Gaming Intelligence's continuing scrutiny of 2020 full year financial results concludes with a focus on publicly listed iGaming affiliates.
Of the publicly listed firms, market leader Better Collective emerged as the clear winner in 2020, ending the year on a high with the acquisition of Atemi Group for £40m, and [...]
London-listed betting and gaming operator Entain continued its strong online growth into the first quarter of this year, although overall performance was hampered by covid-related retail closures.
Entain recorded its 21st consecutive quarter of double-digit growth in online net gaming revenue (NGR) during the first quarter of 2021, as online sports [...]