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Caesars Entertainment

Caesars Entertainment sees Q3 loss climb to $926m

New York-listed casino operator Caesars Entertainment has reported a 52 per cent increase in net revenue to $1.38bn for the third quarter of 2020 following its merger with Eldorado Resorts on 20 July.

The growth was driven by the addition of Eldorado results, although combined operations saw same-store revenue fall by [...]

1 min read

COVID-19 restrictions push Rank Group’s quarterly revenue down 47%

London-listed bingo and casino operator Rank Group has reported a 47 per cent fall in net gaming revenue for its financial first quarter ended 30 September.

With results negatively impacted by lockdowns and regional closures as a result of COVID-19, total like-for-like net gaming revenue (NGR) fell by 52 per cent [...]

1 min read
Kindred

Busy sports schedule and growth in casino boosts Kindred Group in Q3

Stockholm-listed gaming operator Kindred Group more than doubled profit in the third quarter of 2020 as gross winnings revenue grew by 24 per cent to £280.7m.

The company attributed the period’s strong growth to the completion of the previous season’s sports leagues following their suspension in the first half of the [...]

1 min read
Rank Group

Rank Group strengthens balance sheet with £70m fundraise

London-listed gaming operator Rank Group has raised £70m through a successful fundraise with existing and new institutional investors.

A total of 76,736,762 shares were conditionally placed at an issue price of 90 pence per share, the company said Thursday, with retail investors subscribing for a total of 1,009,258 new ordinary shares [...]

1 min read

Zynga delivers record third quarter as revenue surpasses $500m

New York-listed social gaming operator Zynga has raised its full year guidance after delivering its highest ever quarterly revenue performance in the third quarter of 2020.

Revenue climbed by 46 per cent year-on-year to $503m, ahead of the company’s previous guidance by $58m, as it benefited from a record performance from [...]

1 min read

Acroud posts 31% drop in revenue in Q3

Stockholm-listed iGaming affiliate Acroud (formerly New Gaming Europe) has reported a 31 per cent fall in revenue to €2.4m for the third quarter of 2020.

Acroud described the period as a challenging quarter as the previous sharp increase in poker and casino traffic in the first half of the year fell [...]

1 min read
Enlabs

Strong quarter for Enlabs as Q3 revenue hits record €13.6m high

Stockholm-listed betting and gaming operator Enlabs has reported a 35 per cent increase in third quarter revenue to €13.6m, benefiting from a significant rise in active customers during the period.

The "transformative quarter" saw Enlabs acquire Shogun Group, migrate Optibet Latvia onto its own platform, and make a compulsory bid to [...]

1 min read
LeoVegas

LeoVegas posts third quarter growth despite Swedish decline

Stockholm-listed betting and gaming operator LeoVegas has reported a 1 per cent increase in revenue to €88.9m for the third quarter of 2020, despite results in the Nordic region being impacted by temporary restrictions implemented in Sweden.

Revenue from Casino accounted for 77 per cent of the Q3 total, with Live [...]

1 min read
Scientific Games

Scientific Games recovers in Q3 despite land-based gaming decline

New York-listed lottery and gaming supplier Scientific Games has reported an 18 per cent fall in revenue to $698m in the third quarter of 2020, as its core land-based gaming segment continued to be negatively impacted by COVID-19 restrictions.

Revenue improved by 29 per cent compared to the previous quarter, boosted [...]

1 min read
SciPlay

SciPlay revenue growth continues into third quarter

New York-listed social casino operator SciPlay enjoyed another strong quarter of growth as revenue increased by 30 per cent to $151.2m in the third quarter of 2020.

Mobile revenue increased by 35 per cent year-on-year to $131.8m, with average daily active users (DAUs) falling marginally to 2.6m. Average monthly active users [...]

1 min read

Relax Gaming and CasinoGrounds release Iron Bank slot

Relax Gaming has unveiled its latest slot release Iron Bank, a new game developed in partnership with LeoVegas-owned marketing affiliate CasinoGrounds.

The high-volatility game transports players to Cuba, where they team up with criminal mastermind the Jaguar to try their luck at striking gold in the Iron Bank and landing a [...]

3 mins read
Aspire Global

Aspire Global reports 21% revenue growth in Q3

Stockholm-listed iGaming solutions provider Aspire Global grew third quarter revenue to €39.0m as it benefited from the strong development of its B2B segment.

Net revenue in the third quarter of 2020 climbed 20.7 per cent year-on-year, driven by a 33.2 per cent improvement in B2B net revenue to €30.0m.

Within B2B, the [...]

1 min read
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