In their first month back after closures due to the novel coronavirus (Covid-19), Nevada casino revenue reached $566.8m, down 45.6% year-on-year, with sportsbooks in the state reporting their first monthly loss in almost seven years.
Spanish gambling revenue grew 12.5% year-on-year in the first quarter of 2020, thanks to growth across all verticals including sports betting, despite the suspension of major sporting events from mid-March due to novel coronavirus (Covid-19).
Virtual sports and casino game developer Leap Gaming has seen gross gaming revenue rise 123% for the opening five months of 2020, with the business now expecting to post a profit in the third quarter of the year.
South African gaming and entertainment business Tsogo Sun Gaming said it lost an estimated ZAR400m in revenue as a result of the novel coronavirus (Covid-19) pandemic disrupting operations in its fiscal year ended 31 March, 2020.
Slots and payment solutions provider Everi Holdings has blamed first quarter losses of $15.4m (£12.2m/€13.8m) a decline in revenue resulting from the novel coronavirus (Covid-19) pandemic, and efforts to pay down net debt in the period.
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.
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.