Finance Daily News

  • daily_news

    US casino operator Penn National Gaming (PNG) has announced details of a new underwritten public offering, through which it could generate up to $982.1m in funds.

  • daily_news

    UK Chancellor of the Exchequer Rishi Sunak has set out details of a new novel coronavirus (Covid-19) job support initiative to replace the government’s existing furlough scheme, potentially providing a lifeline to land-based operators affected by the incoming 10pm curfew.

  • daily_news

    British casino operators have called on Chancellor of the Exchequer Rishi Sunak to provide financial support to help protect thousands of jobs they say are at risk across the industry due to new novel coronavirus (Covid-19) measures.

  • daily_news

    The Colorado Department of Revenue has reported a 20.8% month-on-month decline in sports betting revenue in the state during August, despite its handle more than doubling to $128.6m.

  • daily_news

    Åland Islands-based operator Paf has said its decision to lower its player annual loss limit to €20,000 (£18,370/$23,376) could lead to a €3m decline in revenue.

  • daily_news

    The British Horseracing Authority (BHA) has warned that the racing industry in Great Britain faces a “severe threat” after the return of spectators to events was delayed due to an increase in novel coronavirus (Covid-19) cases.

  • daily_news

    The UK’s Competition and Markets Authority (CMA) is to investigate Evolution Gaming’s proposed acquisition of NetEnt, over concerns that the merger could lead to a reduction in competition in the British igaming market.

  • daily_news

    Spread betting and contracts for difference (CFD) provider IG Group said high levels of trading activity among existing clients and new customer growth helped grow revenue 61.9% year-on-year in the first quarter of its fiscal year.

  • daily_news

    Online gambling revenue in the state of Delaware totalled $808,623 in August, up 263.4% year-on-year and also an improvement on July’s figures.

  • daily_news

    The Pennsylvania Gaming Control Board (PGCB) has reported a 5.8% year-on-year increase in revenue in August, driven by igaming and sports betting growth.

  • daily_news

    The Mississippi Gaming Commission has reported a 27.6% year-on-year rise in sports wagering revenue in August, as the US state’s handle more than doubled.

  • daily_news

    The New Jersey Division of Gaming Enforcement (NJDGE) has reported a month-on-month increase in revenue across all gambling segments for August, as the state continued its recovery from the novel coronavirus (Covid-19) shutdown.

  • daily_news

    iGaming affiliate marketing specialist Atemi has revealed it was able to achieve a record $13.3m (£10.3m/€11.2m) in revenue in the second quarter, due in part to a significant increase in new depositing customers (NDCs) during the period.

  • daily_news

    Sports betting and daily fantasy sports operator DraftKings has appointed Erik Bradbury as its new chief accounting officer with immediate effect.

  • daily_news

    The Iowa Racing and Gaming Commission (IRGC) reported a month-on-month rise in sports betting revenue for August, while the US state also saw its handle more than double during the month.

  • daily_news

    Esports Entertainment Group has forecast revenue of $13.0m (10.0m/€10.9m) for its 2021 fiscal year, the first year in which the esports betting operator will be able to post revenue.

  • daily_news

    Rank Group has reported a year-on-year decline in net gaming revenue (NGR) and net profit for its 2020 financial year, mainly due to the impact of the novel coronavirus (Covid-19) pandemic on its land-based operations.

  • daily_news

    Online gambling operator PointsBet has revealed it raised a total of AU$70.5m (£51.2m/€43.4m/US$51.1m) through the first stage of its fully underwritten entitlement offer.

  • daily_news

    US commercial gross gambling revenue (GGR) continued to recover in July as more casinos and other venues reopened following the novel coronavirus (Covid-19) shutdown.

  • daily_news

    The British Horserace Betting Levy Board (HBLB) has invited bookmakers to consider whether to maintain or revise their monthly levy payments, after forecasting better-than-expected income since the resumption of racing.

Pages