Detroit’s three commercial casinos generated revenue of $69.3m in August, the first results reported since the properties reopened following four and a half months closed due to novel coronavirus (Covid-19), while sports betting’s contribution grew to $1.97m.
Swedish gambling revenue for the second quarter of 2020 fell 4.1% to SEK5.94bn (£530.6m/€572.4m/$687.9m) as a 3.6% increase in online gambling revenue was not enough to offset the effects of the novel coronavirus (Covid-19) on the land-based sector.
Danish gaming operator Danske Spil saw revenue decline 7.8% year-on-year to DKK2.30bn (£281.1m/€309.1m/$365.2m) for the six months to 30 June, though like-for-like profit fell by just 2.9% thanks to a strong period for its lottery division and lower costs.
Creditors of stricken South African horse racing operator Phumelela have voted to accept a business rescue deal from Mary Oppenheimer Daughters (MOD), effectively rejecting a takeover bid from British operator Betfred.
The Hong Kong Jockey Club (HKJC) has reported declines in revenue and turnover for its 2019-20 fiscal year, though management hailed the business’ resilience after it managed to avoid race cancellations over the period.
PointsBet has agreed a deal to become the official sports betting partner of NBC Sports, while the operator has also set out plans to raise an additional Aus$300m (£165.1m/€184.4m/US$219.3m) in capital.
Sports wagering revenue in Delaware reached just $12,114 in July, in the first figures released by the Delaware Lottery since March, due to disruption caused by the novel coronavirus (Covid-19) pandemic.
The significant expansion and diversification of Flutter Entertainment’s operations through its acquisition of The Stars Group helped the operator mitigate the disruption caused by novel coronavirus (Covid-19) in the first half of the year.