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Financial News

15th February
Delaware online gaming revenue and handle rise significantly
Delaware saw $7.4m in online gaming handle during January, generating $279,000 in revenue. The figures show a considerable year-on-year increase from January...
14th February
Evolution Gaming grows full-year revenue by 38%
Evolution Gaming increased its operating revenues by 38% to €245.4m ($287.5m) in 2018. Rising to €107.7m, EBITDA grew by 34% for the...
14th February
New Jersey January revenue up 25%; sports betting handle highest yet
Sports betting in New Jersey enjoyed its most active month to date in January, with $385.2m wagered during the first month...
14th February
MGM Resorts full-year revenue rises to $11.8bn; CEO criticises Wire Act revision
Financial Report MGM Resorts International saw its consolidated net revenues grow by 9% in 2018, to $11.8bn. However, Las Vegas Strip resorts net...
14th February
Betsson rebounds from turbulent 2017 with 35% EBIT growth in 2018
Betsson bounced back from the "turbulence" the operator suffered in 2017 by reporting a 15%  increase in 2018 group revenue, to...
13th February
Gaming and Leisure Properties 2018 revenue up; net income falls
Gaming and Leisure Properties has announced a 9% year-on-year revenue increase to $1.05bn for 2018. However, net income for the full year...
13th February
Kindred Group endures tough Q4 but reports record 2018 revenue
Operator Kindred Group (formerly Unibet Group) has reported gross winnings revenue of £907.6m ($1.16bn) for 2018, an increase of 21%. Underlying EBITDA...
13th February
Cherry AB confirms 98% EE Intressenter takeover; 2018 revenue and EBITDA soar
Cherry AB has confirmed the sale of approximately 98% of its total shares to European Entertainment Intressenter, while at the same...
12th February
LeoVegas pushes financial targets back despite 51% revenue growth in 2018
LeoVegas has decided to push back its financial targets to 2021, despite its consolidated revenue growing 51% year-on-year to €327.8m ($369.9m)...
12th February
NetEnt generates $192m in revenue during 2018
NetEnt’s full-year revenue rose 9% year-on-year to SEK 1.7bn ($192m) in 2018. The supplier also reported EBITDA of SEK 816m, an increase...
11th February
GIG reports revenue and EBITDA increases for 2018
Gaming Innovation Group (GIG) has reported a 26% year-on-year increase in full-year operating revenue to €151.4m ($171m). Over the course of 2018,...
5th February
Nevada sportsbooks see $145.9m in Super Bowl bets
The Nevada Gaming Control Board (NGCB) released figures showing $145.9m was bet on this year’s Super Bowl at the state's 200...
1st February
Gaming revenue in Nevada tops $11.9bn in 2018
Total gaming revenue in Nevada rose 3% year-on-year to $11.92bn for 2018. Some categories, such as three-card poker and five-cent machines, saw...
1st February
Macau casinos post first revenue drop in over two years
Gambling revenue in Macau dropped 5% year-on-year in January, the industry's first decline in 29 months. The Gaming Inspection and Coordination Bureau...
31st January
Wynn Resorts Q4 revenue increases due to Wynn Palace income
Wynn Resorts has announced its year-on-year operating revenue for Q4 increased by 4%, rising to $1.69bn. In 2018, full-year operating revenues increased...
31st January
Konami's Gaming & Systems division enjoys revenue and profit rise
Konami’s Gaming & Systems division has reported a year-on-year rise in both revenue and profit for the nine months ending 31...
31st January
Rank Group announces further revenue fall, despite digital growth
Rank Group has announced a 2% fall in year-on-year group revenue for the six months ending 31 December 2018. The operator did...
28th January
AGA expects $6bn in Super Bowl wagers
A study shows 22.7 million Americans will bet $6bn on the Super Bowl this year, according to the American Gaming Association...
28th January
Bet365 owners Britain's second-highest tax payers
Bet365 owners Denise, John and Peter Coates were Britain’s second-highest tax payers in 2018, according to The Sunday Times. The trio’s wealth...
24th January
MGM Resorts forms committee to evaluate real estate portfolio
MGM Resorts International has formed an ad-hoc board committee to evaluate its real estate portfolio and make strategic, value-enhancing recommendations. The operator...
22nd January
Philippines regulator expects record revenue despite increased competition
Gross gaming revenue (GGR) in Philippine casinos is expected to grow 9% year-on-year to 217bn pesos ($4.1bn) in 2019. Andrea Domingo, Philippine...
21st January
Sands China to issue dividend payout
Sands China has declared the company will pay out an interim dividend of HK$0.99 ($0.13) per share to shareholders in February. The...
21st January
William Hill praises US performance as MRG deal nears completion
William Hill has detailed US and online strength in its latest trading update and says approximately 92% of MRG shareholders have...
17th January
New Jersey sports betting drives GAN revenue growth
Supplier GAN announced gross operator revenue (GOR) of $116.3m for 2018. Q4 GOR grew 103.9% year-on-year to $41.8m; an increase of $15.1m from...
16th January
Delaware accepts $86.9m in sports betting handle in 2018
Delaware took $86.9m in sports betting handle during 2018. Full-scale sports wagering began on 5 May across three Delaware venues. Delaware Park took...
16th January
Slots boost revenue in Massachusetts casinos
The Massachusetts Gaming Commission (MGC) reported gross gaming revenue (GGR) of $35.7m from two casinos for December. MGM Springfield generated $7.3m in...
15th January
New Jersey gaming market enjoys strongest year since 2012
New Jersey gaming win reached its highest annual total in six years in 2018, with the total rising 9% year-on-year to...
7th January
GVC cancels CVRs, avoids £700m Ladbrokes payment
GVC Holdings has confirmed it will not pay contingent value rights (CVRs) to former Ladbrokes shareholders and will therefore avoid an...
7th January
Nektan's total gaming revenue and cash wagering rise
Nektan has reported an 83% year-on-year increase in total gaming revenue, to £8.6m ($11m), for Q2 of its 2019 financial year. The...
4th January
Lloyds, Santander and RBS join Barclays in offering responsible gambling measures
Lloyds, Santander and Royal Bank of Scotland (RBS) have decided to join Barclays in allowing customers to block gambling spending through...
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