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    Canterbury Park Holding Corporation, operator of Canterbury Park racecourse in Minnesota, has reported a $925,976 net loss for the first half of 2020, after it was forced to temporarily close the venue due to the novel coronavirus (Covid-19) pandemic.

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    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.

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    Online sports betting operator PointsBet has reported a 190.9% year-on-year rise in net revenue during its 2020 financial year, aided by strong growth from its core Australian operations.

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    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).

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    Sports betting operator PointsBet has hailed news that Australia's National Rugby League and Australian Football League will return in May and June respectively, saying it would aid a business that has performed strongly despite the novel coronavirus (Covid-19) pandemic.

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    Churchill Downs Incorporated (CDI) has posted a net loss of $23.4m for the first quarter, primarily due to write-downs of business assets.

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    PointsBet posted a 139.7% increase in net win revenue to AUD$18.7m (£9.7m/€11.2m/US$12.2m) in the third quarter of its fiscal year on the back of Australian and US growth, but costs continued to outpace revenue as the operator fell to a $15.5m loss for the year.

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    Shareholders of Diamond Eagle Acquisition Corp. have approved the acquisitions of DraftKings and SBTech and the public listing of the new entity.

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    Gambling software supplier GAN has reiterated its confidence in its 2020 forecast, which projected revenue of $37m-$39m, even as the novel coronavirus (Covid-19) affects its sports betting vertical.

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    DraftKings' revenue increased year-on-year for 2019 and but losses widened, as its merger with SBTech approaches, but the operator remains confident of seeing earnings exceed $1bn in the long-term.

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    Sports betting operator PointsBet said that increased spending on expansion efforts in both Australia and the US led to it reporting a net loss of AUD$32.3m (£16.4m/€19.5m/US$21.2m) for the first half of its financial year.

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    Sports betting provider Kambi has put year-on-year revenue and profit growth in 2019 primarily down to its expansion into several new markets within the US.

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    Consumers in the US placed legal sports bets totalling $13bn in 2019, almost double the $6.6bn that was wagered in the previous year, according to data released by the American Gaming Association (AGA).

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    Penn National Gaming (PNG) has entered into an exclusive sports wagering and online casino partnership with Barstool Sports, in a deal that will also see the operator acquire a 36% stake in the digital sports media company.

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    Online betting and gaming platform provider GAN has reported a 222% year-on-year increase in gross operator revenue for the four months to October 31, 2019, primarily due to higher than expected demand for internet gambling in both New Jersey and Pennsylvania.

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    Canadian media business theScore saw its net loss increase 59.3% year-on-year in the 12 months to August 31, 2019, after the launch of its new sportsbook product in New Jersey led to higher spending.

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    US expansion costs have led to a significant increase in PointsBet's net loss for its financial year ended 30 June, though the Australian online sports betting operator was able to more than double revenue for the period.

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    Online betting and gaming technology provider GAN has cited ongoing growth in the US sports betting and igaming markets as the main driver of a 128.3% year-on-year increase in revenue during the second quarter.

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    Australian online sports betting operator PointsBet has raised AUS$75m (£40.9m/€45.9m/US$51.6m) after listing its shares on the Australian Securities Exchange (ASX). The operator said the move forms part of its growth plans, which include expansion in the US market.

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    Delaware has revealed a month-on-month decline in sports betting revenue for April, while online gaming revenue also fell to a yearly low during the month.

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