Pennsylvania’s regulated gambling market saw total gaming and fantasy contests revenue grow by 13 per cent to $320.2m in October, buoyed by record performances in iGaming and sports betting.
Total gaming revenue climbed for the fourth consecutive month, despite continued declines within the land-based sector, where slot machine revenue fell 17 [...]
Athens-listed gaming and lottery supplier Intralot has announced the return of founder and chairman Sokratis Kokkalis to the role of group chief executive officer.
Kokkalis takes over as CEO of Intralot from Christos Dimitriadis, who now moves to a new role focused on the company’s opportunities in the United States.
Dimitriadis served [...]
The latest data from Britain’s Gambling Commission has revealed that the online gambling market grew to £420m in September, with sports betting boosted by the return of the English Premier League.
After three consecutive months of decline, data collected from licensed online gambling operators covering 80 per cent of the market [...]
New Jersey’s regulated betting and gaming market saw total gaming revenue increase by 15 per cent to $338.1m in October, buoyed by strong growth in iGaming and a record performance in sports betting.
The land-based sector continued to decline as casinos operate under Covid-related restrictions, with revenue falling 8 per cent [...]
New York-listed gaming supplier Inspired Entertainment has seen revenue more than double to $60.1m in the third quarter of 2020, boosted by VAT-related income of $9.3m and the recent acquisition of Novomatic Gaming Technology.
Revenue from Server Based Gaming increased by 39 per cent to $25.5m, including a payment of $9.3m [...]
Madrid-listed gaming operator Codere has reported a 58 per cent drop in revenue to €143.0m for the third quarter of 2020, with the effects of COVID-19 continuing to impact results across Latin America and Europe.
Revenue from Latin America declined by 89.5 per cent year-on-year to just €20.9m during the quarter, [...]
US investment fund Apollo Global Management has entered into a definitive agreement to acquire Toronto-listed land-based casino operator Great Canadian Gaming Corp. in a deal worth CAD$3.3bn.
Funds managed by affiliates of Apollo will acquire all the outstanding shares of Great Canadian common stock for $39.00 per share, as part of [...]
Nevada Governor Steve Sisolak has appointed his former general counsel J. Brin Gibson to lead the Nevada Gaming Control Board (NGCB).
Gibson assumes the role of chair and executive director of NGCB on November 18 from Sandra Douglass Morgan, who stepped down on Friday to join the board of directors of [...]
Michigan’s three commercial casinos have reported a 12 per cent fall in revenue to $101.4m for the month of October, despite increasing contributions from retail sports betting.
With the three Detroit casinos continuing to operate at 15 per cent capacity due to COVID-19 restrictions, table games and slots revenue fell by [...]
The Swedish government has proposed to extend the temporary gambling restrictions introduced in the country in response to COVID-19 until next June.
The temporary restrictions came into force in July in response to the perceived risk of increased problem gambling as a result of unemployment, financial uncertainty or mental health issues [...]
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 [...]
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 [...]