New York-listed casino operator Eldorado Resorts has reported a 26 per cent decline in net revenue to $473.1m for the first quarter of 2020, following the mandated closure of all of its properties in mid-March due to COVID-19.
For the first two months of the year, revenue was up 7 per [...]
The Oklahoma Indian Gaming Association (OIGA) has amended its bylaws to temporarily suspend the membership of two tribes that recently agreed new gaming compacts with Oklahoma Governor Kevin Stitt.
The OIGA bylaws were amended last week to allow it to suspend the membership of tribes which are found to be engaging [...]
New York-listed casino operator Caesars Entertainment has reported a 14 per cent drop in net revenue to $1.83bn for the first quarter of 2020, as results were impacted by the temporary closure of its properties in mid-March due to the COVID-19 pandemic.
The company said that its performance in the first [...]
Indiana’s regulated sports betting market collected total wagers of $26.3m during the month of April, all of which was generate online.
Total wagers were down 65 per cent compared to the previous month’s $74.8m as the COVID-19 pandemic forced the continued closure of casinos across the state.
With no retail sportsbooks open, [...]
New York-listed lottery and gaming supplier Scientific Games has reported a 13 per cent fall in first quarter revenue as the COVID-19 pandemic caused the temporary closure of casino operations in jurisdictions globally.
Total revenue in the first quarter of 2020 amounted to $725m, down from $837m a year ago, with [...]
Digital marketing specialist XLMedia said Monday that it expects save more than $5m a year through a reduction in its workforce.
With revenue this year impacted by the Google de-ranking and COVID-19 pandemic effects, XLMedia has concluded a review of its core functions and associated headcount.
As a result, the digital marketing [...]
iGaming software developer EvenBet Gaming has been granted licence approval by the Malta Gaming Authority (MGA) as the supplier looks to expand its poker offering into international markets.
The B2B licence allows Malta-licensed operators to access EvenBet’s core poker platform, which includes its Mini Games feature that offers hundreds of casino [...]
South African racecourse owner and betting operator Phumelela Gaming and Leisure is seeking to implement a business rescue plan to ensure the long-term survival of the company and horse racing in South Africa.
Phumelela said that it has experienced adverse economic and trading conditions for some time, which has been exacerbated [...]
Voters in Maryland will get to decide whether to allow sports betting in their state to fund public schools.
The question of expanding gambling to include sports and event wagering will be subject to a referendum in November after Governor Larry Hogan allowed the proposal to pass into law without his [...]
Iowa’s licensed sports betting operators collected total wagers of just $1.6m in April after all 19 casinos were closed for the month due to COVID-19.
Total wagers slumped by 91 per cent compared to the previous month’s $19.6m total, with only online sports betting remaining operable during the month with limited [...]
Madrid-based sports betting operator Carousel Group is preparing to launch in the United States for the first time after receiving license approval from the Colorado Division of Gaming.
The operator will roll out its SportsBetting.com brand in the recently regulated market through a partnership with licensed venue Johnny Nolon’s Casino.
“Despite the [...]
New York-listed racing and gaming operator Penn National Gaming has reported a 13 per cent drop in revenue to $1.12bn for the first quarter of 2020, as the COVID-19 pandemic impacted its results in March.
Penn National enjoyed a strong start to the year with record results in January and February, [...]