habanero.jpg
habanero.jpg
habanero.jpg
CLOSE
× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine GGA 2019 AffiliateCon

Financial News

26th April
MGM Resorts cuts 254 positions; more to follow in coming weeks
MGM Resorts International has cut 254 positions companywide and there will be more to come over the next few weeks, according...
26th April
RMG generates £109.7m for racecourses from 2018 media and data rights
Racecourse Media Group (RMG) will pay 37 British racecourses £109.7m ($141.6m), made from its media and data rights in 2018, an...
26th April
Novomatic reports loss for fiscal year despite 10% revenue growth
Novomatic has reported a 10% year-on-year rise in revenue for its 2018 fiscal year, to €2.6bn ($2.9bn). The global supplier reported positive...
26th April
Boyd Gaming Q1 revenue boosted to $827.3m by 2018 acquisitions
Las Vegas-headquartered Boyd Gaming reported Q1 revenue of $827.3m, a 37% year-on-year rise. The operator reported net income of $45.5m for the...
26th April
Nevada gaming revenue flat; sports betting breaks records for March
Gaming revenue in Nevada totalled $1.02bn for March, essentially a flat level of growth year-on-year (0.12%). But the state’s sports betting figures...
25th April
Churchill Downs enjoys 40% Q1 revenue growth
Churchill Downs Incorporated, the Louisville, Kentucky racetrack operator, has reported Q1 net revenue of $265.4m, a 40% increase year-on-year. Adjusted EBITDA also...
25th April
Svenska Spel revenue declines 6% in first quarter since re-regulation
State-owned Swedish operator Svenska Spel saw net gaming revenue decrease 6% year-on-year in Q1 to SEK 2.05bn ($197.4m). Sweden re-regulated and opened...
25th April
Vietnamese ministry inspector arrested in $420m online gambling case
Chief Inspector of the Vietnamese Information Ministry, Dang Anh Tuan, has been detained for involvement in a $420m online gambling ring...
25th April
NetEnt Q1 revenue and profit fall after Nordic "slowdown"
Nordic countries accounted for "almost the entire slowdown," as NetEnt suffered a year-on-year fall in both revenue and profit for Q1. CEO...
25th April
Evolution Gaming sees 54% revenue growth for Q1
Evolution Gaming has released its trading update for Q1, reporting operating revenue of €79.3m ($88.4m), a 54% year-on-year increase for the...
24th April
Kambi CEO exclusive: Mobile sports wagering in New York will "definitely" happen
Supplier Kambi was able to report a 28% year-on-year increase in revenue to €21m ($23.5m) in its Q1 report (see the...
24th April
Kindred reports strong Q1 despite Swedish market re-regulation
Operator Kindred Group reported gross winnings revenue of £224.4m ($207.8m) for Q1 2019, up 8% year-on-year. Revenue from mobile grew 17%, to...
24th April
Operations outside US drive Kambi Q1 growth
Kambi's revenue amounted to €21m ($23.5m) for Q1 2019, an increase of 28% year-on-year, with operator turnover growing 46%. Although Kambi continued...
23rd April
Rhode Island remains behind expectations despite positive March
Rhode Island’s sports betting market achievied its best month to date for March, although the figures were still short of the...
23rd April
EML to supply reloadable Bet365 cards in New Jersey
Australian payment technology company EML Payments has struck a deal with Bet365 to provide the operator’s New Jersey customers with a...
23rd April
PokerStars fined $10k for accepting New Jersey college bets
The New Jersey Division of Gaming Enforcement has fined PokerStars $10,000 for accepting a total of 216 wagers on New Jersey...
23rd April
Scientific Games begins SciPlay IPO
Scientific Games has commenced the initial public offering of its social gaming business SciPlay. The supplier is offering 22 million shares of...
18th April
Las Vegas Sands CEO praises international efforts in Q1 results
Operator Las Vegas Sands has announced consolidated net revenue of $3.65bn for the first quarter of 2019, an increase of 2%...
16th April
Pennsylvania breaks gaming revenue record for March
Total gaming revenue in the state of Pennsylvania for March reached a record $314.6m, including $5.5m in sports betting revenue. The March...
16th April
March Madness helps Delaware sportsbooks recover from poor February
Delaware’s sportsbooks enjoyed a far better March than February, generating $1.6m in revenue. February saw Delaware’s three sports betting locations make a...
15th April
March Madness drives NJ sports betting to second biggest month
Sports betting in New Jersey enjoyed its second-most active month in March, with $372m wagered during the month and the sportsbooks...
12th April
Imperial Pacific fined $3.4m for labour violations
Imperial Pacific International (IPI) will pay $3.4m to the US Department of Labour after investigations revealed labour violations on the site...
9th April
Stride Gaming lowers revenue expectations; CEO updates on strategic review
Stride Gaming has lowered expectations for its six-month financial results ending 28 February 2019. The board expects net gaming revenue to be...
9th April
SG Digital processes more than 14 million bets on Grand National
SG Digital saw more than 37.4 million bets placed through its OpenBet product suite on the Aintree Grand National Festival. A total...
8th April
Playtech breaks Grand National records as 9.6 million watch on ITV
Playtech BGT Sports saw record turnover for the Grand National, coming from its self-service betting terminals (SSBT). Playtech announced it had more...
5th April
Nektan Q3 revenue grows year-on-year but lower than Q2
Nektan saw its overall revenue grow 6% year-on-year, to £5.4m ($7m), for Q3 of its financial year. However, the company’s revenue did...
3rd April
Delaware Park sportsbook loses money for February
The state of Delaware endured a difficult February in terms of sports betting revenue, generating just $22,151 for the month. Overall sports...
1st April
Macau casino revenue drops 0.4% for March to MOP25bn
After making back ground in February following a slow start to the year, the Macau casino industry has seen its monthly...
29th March
Nevada gaming win down for February; sportsbook revenue trebles
Total gaming revenue in Nevada fell 0.6% year-on-year to $1.01bn for the month of February. Statistics released by the Nevada Gaming Control...
29th March
Former BetBright Chairman partners with BetVictor to settle ante-post bets
A plan has been put in place to reinstate the ante-post bets of former BetBright customers by BetVictor and Rich Ricci. Ricci,...
PREMIUM CONNECTIONS
VNE