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IGT

IGT announces departure of Walter Bugno

New York-listed International Game Technology has announced the resignation of Walter Bugno as executive vice president of new business and strategic initiatives.

Bugno will leave the company on May 14 to pursue a new opportunity and will not be replaced in the role.

His new business responsibilities will be divided among the [...]

2 mins read
Denmark

Denmark’s online casino market hits new heights in Q1

Denmark’s regulated betting and gaming market declined by 15 per cent to DKK1,305m (€175.5m) in the first quarter of 2021, as the land-based sector continued to be negatively impacted by the Covid-19 pandemic.

Restaurants, gambling arcades and land-based casinos remained closed across the country to prevent the spread of the coronavirus, [...]

1 min read

Nevada gambling market returns to growth in March

Nevada’s gambling market generated total gaming win of $2.60bn in the first quarter of 2021 following a return to growth in March.

Total gaming win rose by 73 per cent year versus a year ago to $1.07bn in March 2021, the first monthly year-on-year increase since the start of the Covid-19 [...]

1 min read

Florida gaming compact clears the way for online sports betting

Florida expects to generate as much as $6.0bn from gaming over the next decade through a new compact with the Seminole Tribe of Florida.

The compact is valid for a 30-year term and gives the Seminole Tribe the right to operate slot machines, table games, sports betting, fantasy sports, raffles and [...]

1 min read
IGT

IGT secures long-term VLT systems deal with Maryland Lottery

New York-listed supplier International Game Technology (IGT) has been awarded a long-term contract by the Maryland Lottery and Gaming Commission to upgrade its video lottery central system.

The contract runs through to September 2028 and includes the option to extend for up to an additional four years.

The deal will see IGT [...]

1 min read
TwinSpires

Churchill Downs Incorporated profits as Q1 revenue grows 28%

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 [...]

1 min read
Pennsylvania

Pennsylvania tops $1bn in betting and gaming revenue in Q1 2021

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 [...]

1 min read

Borgata takes over as NJ iGaming market leader in March

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 [...]

1 min read

theScore out on top as gaming shares climb in Q1 2021

It was a solid first quarter of the year for industry stakeholders as the combined value of shares in the leading operators and suppliers increased by 9 per cent during Q1 2021.

Among the 50 publicly-listed operators and suppliers which make up the Gaming Intelligence stock list, 39 saw the value [...]

1 min read
Entain

Entain continues strong online growth in Q1

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 [...]

3 mins read

Rush Street Interactive tops GIQ20 ranking of fastest growing companies

Most of the betting and gaming industry’s fastest growing companies owed their places in the GIQ20 to the US market, but some of the big beasts suffered as a result of the Covid-19 pandemic.

Rush Street Interactive tops the GIQ20 by a mile with an astonishing 337 per cent rise in [...]

1 min read
OPAP

OPAP lauds online growth as pandemic hits 2020 revenue

Athens-listed lottery and gaming operator OPAP has reported a 30 per cent fall in full-year gross gaming revenue (GGR) to €1.13bn in 2020, as revenue during the final quarter of the year continued to be hampered by Covid-19 restrictions.

Total amounts wagered were down 31 per cent at €863.7m in Q4, [...]

1 min read
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