The Nevada Gaming Control Board (NGCB) has redacted its figures for sports betting, horse racing and card game revenue in its revenue report for April, which reveals the state’s gaming industry generated just $3.6m.
Flutter Entertainment announced plans to accelerate US expansion and reduce debt through an equity placement that raised £812.6m, after revealing a 10% rise in revenue for the first 47 days of its second quarter.
With the share prices of some of the major online players currently proving more resilient than expected following a period of vastly divergent performances across the sector, David McLeish analyses the immediate opportunities and likely drivers of consolidation plays over the next 12-18 months
The GB Gambling Commission has announced it will direct £9m in funds from regulatory settlements to GambleAware, a commissioning charity that supports initiatives to tackle gambling-related harm, during the novel coronavirus (Covid-19) pandemic.
While the initial market reaction to the pandemic disruption was indiscriminate, the 29% fall in the Index in the period to 3 April also reflects the return of more nuanced considerations on the part of investors, writes Paul Leyland
While Italy’s sports betting market struggled after novel coronavirus (Covid-19) resulted in a nationwide lockdown and the suspension sporting events, the market grew year-on-year in March, thanks to online casino and poker.
The Philippine Amusement and Gaming Corporation (PAGCOR) has said that the current restrictions enforced in the country due to novel coronavirus (Covid-19) are costing the association up to PHP6bn (£95.1m/€107.4m/$117.8m) a month.