Daily news

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    Gaming technology supplier AGS’s revenue fell 77.5% to $16.8m as its losses increased almost six-fold for the three months ending 30 June.

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    Penn National Gaming’s revenue for the second quarter of 2020 fell 76.9% as venue closures across the country led to a $213.9m loss for the period, and an $822.5m loss for the first half of the year.

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    Industry giant Playtech today announced it has launched its casino content in the state of New Jersey, through its long-term strategic partnership with major global operator bet365.

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    The Genting Singapore arm of Malaysian conglomerate Genting Group has reported a net loss of SGD$163.3m for the second quarter of 2020, following a sharp drop in revenue as its properties were closed amid the novel coronavirus (Covid-19) pandemic.

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    Century Casinos, Inc. announced on August 5 the sale of the casino operations of Century Casino Calgary, to the recently incorporated 2267166 Alberta Ltd.

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    The Nevada Gaming Control Board is to fine the Sahara Las Vegas casino for four breaches of emergency health and safety guidelines issued because of the novel coronavirus (Covid-19) outbreak.

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    Japan’s Universal Entertainment Corporation has reported 24.9% year-on-year rise in sales for the first half of the year, with a significant rise in pachinko and pachislot machine sales offsetting a decline from its Philiippines integrated resort.

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    UK industry body the Betting and Gaming Council (BGC) has hit out against the suggestion of what it called an “arbitrary and random” monthly deposit cap, suggested in a report from think tank the Social Market Foundation.

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    Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.

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    Casino operator Red Rock Resorts said the enforced closure of its properties due to the novel coronavirus (Covid-19) pandemic was the main reason behind a $223.7m net loss for the first half.

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    Slot games in Great Britain should have mandatory stake limits of between £1 and £5, a £100 monthly “soft cap” should be set for deposits and the white label system should be abolished, according to a new report. It also calls for the Gambling Commission to be replaced with two distinct bodies; one to handle licensing and compliance issues, and another to handle customer protection.

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    Casino operator Wynn Resorts has reported a net loss of $1.04bn for the first half of the year, after the novel coronavirus (Covid-19) pandemic forced the temporary closure of its venues in the US and Macau.

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    One in five businesses considering bidding for one of Japan's three integrated resort (IR) licences say they are “less interested” in the process because of the novel coronavirus (Covid-19) pandemic, while two thirds remain set on competing.

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    Industry giant Playtech has rolled out a range of online casino content and its poker technology with Baltic-facing operator Enlabs.

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    Michigan’s 27 combined commercial and tribal casinos have an annual economic impact of $6.3bn for the state, according to a new report from the American Gaming Association (AGA).

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    The novel coronavirus (Covid-19) pandemic has hit International Game Technology (IGT) hard in the second quarter of 2020, with revenue dropping 48.4% and the business posting a net loss of $279.6m.

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    Ardent Group-owned operator and supplier of casino and sports betting products, Gaming1 Group, has announced the release of a new suite of responsible gambling tools built on artificial intelligence (AI) technology.

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    The Philippine Amusement and Gaming Corporation (Pagor) has reported heavy losses for the first half of 2020, as the country’s ongoing struggles with novel coronavirus (Covid-19) continue to push back the reopening of integrated resorts in the capital Manila.

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    Online gambling platform provider i3 Interactive announced the launch of its new online sports betting and gaming brand, Blitzbet. The dot.eu brand is currently available in a limited number of jurisdictions.

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    Betclic Everest Group subsidiary Bet-at-Home said it remains on track to hit its full-year targets despite withdrawals from newly-regulated markets and the novel coronavirus (Covid-19) pandemic causing a decline in first half revenue and earnings.

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