| Page 8 | iGaming Business

daily_news
29 May 2020
NV redacts betting figures as shutdown hits April revenue
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.
daily_news
28 May 2020
Codere reveals impact of Covid-19 in Q1
Spain, Italy and Latin America-facing operator Codere’s revenue fell 21.3% to €278.5m in the first quarter of 2020, while a combination of retail shutdowns resulting from novel coronavirus (Covid-19) and exchange rate fluctuations contributed to losses rising to €97.1m.
daily_news
28 May 2020
GC reveals overall decline in British gambling revenue
The GB Gambling Commission has reported a 0.5% decline in gross gambling yield (GGY) for the 12 months from October 2018 to September 2019, though this was mitigated in part by an increase contribution from online gaming. However, year-on-year comparisons reveal a 1.8% decline in online revenue.
daily_news
28 May 2020
Flutter completes £800m share sale as Q2 revenue grows
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.
daily_news
27 May 2020
Cirsa sees income and profit drop amid Covid-19 closures
Spanish gambling operator Cirsa has reported a year-on-year drop in operating income and operating profit for the first quarter, primarily due to the closure of land-based gaming facilities across a number of markets as a result of the novel coronavirus (Covid-19) pandemic.
daily_news
26 May 2020
Swedish gambling revenue falls despite online growth
Sweden's liicensed gambling operators reported revenue of SEK5.90bn in the first quarter of 2020, down 1.4% from 2019, according to new figures from regulator Spelinspektionen and the Swedish Tax Agency.
daily_news
21 May 2020
Covid-19 scuppers Saratoga purchase of Wildwood Casino
Saratoga Harness Racing’s planned purchase of Wildwood Casino in Cripple Creek, Colorado from American Gaming Group (AGG) has been canceled because of the effect of the novel coronavirus (Covid-19) on both businesses.
daily_news
20 May 2020
Playtech meets Q1 expectations despite Covid-19 setbacks
Gambling tech giant Playtech has revealed it was able to perform as expected in the first quarter, experiencing a strong trading period despite its business being impacted by the novel coronavirus (Covid-19) pandemic.
news_analysis
20 May 2020
Igaming M&A: safety in numbers?
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
report_content
20 May 2020

iGB Market Monitor - May 2020
This edition of the iGB Market Monitor drills down into the latest public numbers and data from the United Kingdom and Sweden
daily_news
19 May 2020
Tabcorp cancels FY20 dividend amid Covid-19 disruption
Australian gambling operator Tabcorp has announced it will not pay a dividend in relation to its 2020 financial year as part of its response to mitigate the impact of the novel coronavirus (Covid-19) pandemic on the business.
daily_news
18 May 2020
Covid-19 impairment charges see IGT post Q1 loss
International Game Technology (IGT)’s revenue declined 17.9% to $940.2m in the first quarter of 2020, while a $296m impairment charge related to the effects of the novel coronavirus (Covid-19) saw the supplier post a loss for the period.
daily_news
18 May 2020
Pennsylvania sees igaming revenue surge in April
Pennsylvania’s online gaming revenue almost doubled to in April, and with all casinos closed during the month, the vertical accounted for 93.4% of the state’s gambling revenue for the month.
daily_news
15 May 2020
Full House slips to Q1 loss after Covid-19 revenue hit
Full House Resorts became the latest land-based operator to see its bottom line heavily impacted by novel coronavirus (Covid-19), as Q1 revenue fell 24.7% to $30.9m and the operator slipped to a loss.
daily_news
14 May 2020
Covid-19 disruption erodes NJ revenue in April
The New Jersey Division of Gaming Enforcement has reported a 68.9% year-on-year drop in gaming revenue for April, after the novel coronavirus (Covid-19) pandemic shut down casinos and suspended sporting events.
daily_news
14 May 2020
Danish gambling revenue declines 5.0% in Q1
The Danish Gaming Authority (Spillemyndigheden) has reported a 5.0% year-on-year decline in gambling revenue for the first quarter of 2020, days after revealing that land-based closures had not led to an increase in online play.
daily_news
14 May 2020
Covid-19: sector facing 21.5% hit to FY revenues
H2 Gambling Capital has further downgraded its FY expectations for the sector to 21.5% below its pre-outbreak forecast.
daily_news
13 May 2020
BGC welcomes extension to UK furlough scheme
The UK’s Betting and Gaming Council (BGC) has praised the government for its decision to extend the novel coronavirus (Covid-19) furlough scheme through to October, saying this will help to protect thousands of workers in the gambling sector.
daily_news
13 May 2020
Michigan casino revenue down 39.2% in opening four months
The Michigan Gaming Control Board has revealed that revenue generated by the three commercial casinos in Detroit was down 39.2% year-on-year during the four months to the end of April 2020.
daily_news
13 May 2020
GB's Covid-19 gambling decline to peak at 59.1% in May
Exclusive data from H2 Gambling Capital lays bare the decline in British betting and gaming gross win as a result of novel coronavirus (Covid-19), though iGB's principal data partner suggests the igaming sector should help the sector rebound.

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