Finance

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US GGR improves in Q3 after commercial casino reopenings

The reopening of casinos across the US helped commercial gross gaming revenue (GGR) grow 293.0% quarter-on-quarter in Q3, but continuing novel coronavirus (Covid-19) restrictions on land-based venues mean revenue remains below prior year levels.

By Robert Fletcher

16 Nov 2020 – News

Casino & games

Cost cutting helps IGT limit Q3 losses

12 Nov 2020 – News

M&A

No bid for William Hill, Apollo Global confirms

12 Nov 2020 – News

Casino & games

Kangwon Land Q3 revenue down 81.1% following extended closures

11 Nov 2020 – News

Casino & games

Detroit commercial casinos post $101.4m in revenue for October

11 Nov 2020 – News

Marketing & affiliates

Better Collective Q3 revenue up as non-affiliate income offsets low margins

11 Nov 2020 – News

Finance

William Hill retains retail lead as D.C. market grows in October

16 Nov 2020 – News

Casino & games

Genting Singapore looks to locals in recovery plan

16 Nov 2020 – News

Sports betting

Illinois betting handle doubles but revenue declines in September

16 Nov 2020 – News

Finance

Record month for betting & igaming drive NJ revenue growth in October

16 Nov 2020 – News

Casino & games

DraftKings raises 2020 guidance following Q3 growth

13 Nov 2020 – News

Finance

NY betting grows in first full month after lockdown

13 Nov 2020 – News

Finance

GB slot yield hits new low in September

13 Nov 2020 – News

Finance

UK VAT rebate helps Inspired reduce losses in Q3

12 Nov 2020 – News

Casino & games

Machine sales growth fails to offset IR decline for Universal

12 Nov 2020 – News

Casino & games

LatAm restrictions continue to weigh on Codere in Q3

12 Nov 2020 – News

In-depth

Finance

“Unfavourable hold” a drag on Penn earnings, but new products, tech are things to look forward to

As expected, Penn Entertainment reported a third-quarter loss on Thursday (7 November), but CEO Jay Snowden said the latest sports betting integration, impending launch of a stand-alone digital casino app and continued focus on land-based projects means there is much to look forward to.

07 Nov 2024 – News