Daily news

  • daily_news

    Churchill Downs Incorporated (CDI) has reported a year-on-year fall in revenue and a net loss for the first half of 2020, primarily due to the impact of the novel coronavirus (Covid-19) pandemic on the operator.

  • daily_news

    In their first month back after closures due to the novel coronavirus (Covid-19), Nevada casino revenue reached $566.8m, down 45.6% year-on-year, with sportsbooks in the state reporting their first monthly loss in almost seven years.

  • daily_news

    A number of German states are in discussions over a potential transition period that could allow operators to continue offering online casino products until the vertical is legalised from July 2021.

  • daily_news

    Affiliate giant Gambling.com Group announced the launch of a new casino-based affiliate website, SlotSource.com, aimed at regulated online gaming markets in the US.

  • daily_news

    Regional casino operator Boyd Gaming saw revenue for the quarter ending 31 June collapse by 75.2% due to the novel coronavirus (Covid-19) outbreak, as the business recorded losses of $108.5m.

  • daily_news

    Macau casino operator SJM Holdings has admitted that gross gaming revenue, as well as non-gaming amenities will be negatively affected by novel coronavirus “for an indefinite period”, after reporting an HK$1.41bn loss for the first half of 2020.

  • daily_news

    Austria’s Financial Police have carried out a total of 278 inspections on suspected black market gambling venues since January, resulting in the confiscation of over 660 gaming machines. Over half of the seized machines were found in the nation’s capital, Vienna.

  • daily_news

    The New South Wales Independent Liquor & Gaming Authority (ILGA) has put in place a number of temporary measures for gaming machines in an effort to help venues in the Australian state impacted by the novel coronavirus (Covid-19) pandemic.

  • daily_news

    Industry giant Playtech announced today (27 July) it has extended its partnership with Fortuna in the Czech Republic, through the launch of end-user versions of its native casino app in the jurisdiction.

  • daily_news

    The Société des bains de mer de Monaco, which operates Casino de Monte-Carlo, reported revenue of €45.1m (£41.0m/$52.3m) for the three months ending on 30 June, the first quarter of its 2020-21 fiscal year, a 60.5% year-on-year decline.

  • daily_news

    Australian operator Star Entertainment Group is to introduce a number of new restrictions at its Star Sydney casino, in response to the New South Wales government’s efforts to halt a potential second wave of the novel coronavirus (Covid-19) pandemic in the country.

  • daily_news

    Caesars Entertainment-owned Bally’s Las Vegas resumed its gaming and hospitality operations yesterday, July 23.

  • daily_news

    Scientific Games' losses increased in Q2 as revenue fell 37.2% to $539m (£423m/€465m), but the business said its results were "better than expected" given the outbreak of the novel coronavirus (Covid-19).

  • daily_news

    Kindred Group has reported a year-on-year rise in revenue during the first half of the year, despite its business being impacted by the novel coronavirus (Covid-19) pandemic.

  • daily_news

    H2 Gambling Capital downgraded its annual expectations for the global gambling sector by a further $780m to $356.9bn this week.

  • daily_news

    Spain’s digital gambling association, Jdigital, has issued a response to the European Commission (EC), expressing “bewilderment” and offering criticisms of the Spanish government’s proposed restrictions on gambling advertising, submitted to the EC earlier this month.

  • daily_news

    Land-based gaming giant Las Vegas Sands saw revenue fall 73.1% year-on-year for the six months ended 30 June, 2020 after Q2 revenue collapsed to almost zero due to the novel coronavirus (Covid-19) pandemic.

  • daily_news

    Two properties on the Las Vegas strip, Circus Circus Hotel & Casino and Tropicana Las Vegas, have notified the Nevada Department of Employment, Training and Rehabilitation of 252 and 620 layoffs respectively, expected to take place between now and October.

  • daily_news

    Credit ratings agency Standard and Poor’s has downgraded Spain, Italy and Latin America-facing operator Codere’s credit rating for the fifth time in just over nine months, indiciating default is a “virtual certainty”.

  • daily_news

    Veteran industry executives Perry Stasi and David Schugar have established a new consulting and compliance group to help operators keep players and staff safe as businesses reopen following the novel coronavirus (Covid-19) shutdown.

Pages