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Pennsylvania iGaming market hits record $102.9m in October

Pennsylvania’s licensed operators enjoyed a record month in October as total gaming and sports betting revenue increased by 33 per cent to $425.9m.

The year-on-year improvement followed strong growth across both the land-based and online casino sectors, despite a decline in sports betting, with October surpassing the previous monthly revenue high [...]

1 min read

New Jersey betting and gaming market grows to $448.7m in October

New Jersey’s regulated betting and gaming market saw total gaming revenue increase by 33 per cent to $448.7m in October.

Land-based casino win rose 28 per cent year-on-year to $237.5m as slot machine win climbed 35 per cent to $179.3m, and table game win increased by 9 per cent to $58.2m.

Revenue [...]

1 min read

Codere losses continue despite Q3 revenue improvement

Spanish gaming operator Codere has reported a 63 per cent increase in revenue to €233.3m for the third quarter of 2021, benefiting from its first quarter of full retail operations since the onset of the Covid-19 pandemic.

Revenue from Latin America jumped to €110.9m from just €20.9m a year ago, with [...]

1 min read

Scientific Games swings to profit as Q3 revenue grows to $539m

New York-listed gaming supplier Scientific Games has reported a 25 per cent increase in revenue from continuing operations to $539m for the third quarter of 2021, helping the supplier return to profit during the period.

Revenue from Scientific Games' core Gaming division increased by 47 per cent to $339m in Q3, [...]

1 min read
IGT

Strong Q3 for IGT as Digital & Betting contribution grows

New York-listed International Game Technology (IGT) has reinstated its quarterly cash dividend after a strong third quarter performance which saw revenue climb 21 per cent to $984m and operating income more than double to $212m.

Buoyed by double-digit growth across all of its business segments, revenue from IGT’s core Global Lottery [...]

1 min read

Gambling.com and Playtech lead share price growth in October

Shareholders in Gambling.com and Playtech were the big winners as their shares rocketed to the top of the Gaming Intelligence Stock List in October 2021.

While the leading publicly-listed gaming operators and suppliers saw the combined value of their shares decline by 2 per cent in October, Gambling.com’s shares rose by [...]

1 min read
American Gaming Association

American Gaming Association elects Jim Allen as next chairman

Seminole Gaming chief executive Jim Allen has been elected as the next chairman of the American Gaming Association (AGA).

Allen, who also serves as chairman of Hard Rock International, will take over as chair of the AGA in January, succeeding Aristocrat Technologies chief executive Trevor Croker, who has held the role [...]

1 min read
Penn National Gaming

Penn National Gaming shares drop on Q3 profit decline

Penn National Gaming has reported a 34 per cent increase in revenue to $1.51bn in the third quarter of 2021, although income for the period fell significantly versus the same period a year ago.

The Northeast segment saw revenue increase by 23 per cent year-on-year to $672.4m, with revenue from the [...]

1 min read

Aristocrat to develop exclusive NFL-themed slots

Sydney-listed gaming supplier Aristocrat has agreed an exclusive multi-year slot licensing deal with the National Football League (NFL).

The global licence will allow Aristocrat to exclusively develop NFL-themed slots for land-based play, as well as virtual sports games on a non-exclusive basis.

“The world of casino gaming is transforming, and the NFL [...]

2 mins read
Bally's Corp

Bally’s slips to loss despite Q3 revenue soaring to $314.8m

New York-listed gaming operator Bally’s Corporation has recorded strong growth for the third quarter of 2021 as revenue soared 170 per cent to $314.8m.

Excluding results from newly acquired Gamesys Group, which was consolidated from 1 October, Retail Casino revenue rose to a record $301.6m during the quarter, with Bally’s new [...]

1 min read
MGM Resorts

MGM Resorts’ third quarter revenue soars 140%

New York-listed casino and sportsbook operator MGM Resorts International has reported strong growth for the third quarter of 2021 as total revenue increased by 140 per cent to $2.71bn.

The company benefited from the removal of mandated operational and capacity restrictions as well as an increase in travel, with the prior [...]

1 min read
Caesars Entertainment

Caesars narrows loss as third quarter revenue climbs 86%

Caesars Entertainment has reported an 86 per cent increase in net revenue to $2.69bn for the third quarter of 2021.

In another strong quarter of growth for the operator, revenue from the Las Vegas segment soared by 234.5 per cent to $1.02bn, partly due to weak comparables last year due to [...]

1 min read
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