Australian gambling operator Tabcorp expects to post a year-on-year drop in net profit after tax for its 2020 financial year, primarily due to the impact of the novel coronavirus (Covid-19) pandemic on its business.
The Oregon Lottery’s SBTech-powered sportsbook app Score Board has seen revenue and handle growth continue into June, thanks again to the strong performance of football, mixed martial arts and table tennis.
Betclic Everest Group subsidiary Bet-at-Home said it remains on track to hit its full-year targets despite withdrawals from newly-regulated markets and the novel coronavirus (Covid-19) pandemic causing a decline in first half revenue and earnings.
The British Horseracing Authority (BHA) has announced that it plans to increase minimum prize money levels from September, with the appearance money scheme, designed to deliver more value for mid- and lower-tier trainers also set to resume that month.
Churchill Downs Incorporated (CDI) has reported a year-on-year fall in revenue and a net loss for the first half of 2020, primarily due to the impact of the novel coronavirus (Covid-19) pandemic on the operator.
La Française des Jeux (FDJ) said a strong performance after France emerged from its novel coronavirus (Covid-19) lockdown has reduced a decline in revenue for the first half of the operator’s financial year.
Rhode Island’s legal sports betting market generated $18.7m in revenue during the state’s 2019-20 financial year, despite the final four months of the period being impacted by the novel coronavirus (Covid-19) pandemic.
TheScore has seen revenue fall 71.8% year-on-year in the three months to May 31, in a period which chief executive John Levy described as an “unprecedented challenge” for the Canadian media and betting business.
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.
South Korean social gaming operator DoubleU Games saw revenue for the first half of 2020 rise 27.6% year-on-year to KRW326.2bn (£211.6m/€232.3m/$271.9m), aided by the sixth consecutive quarter of growth from DoubleDown Interactive.
The New South Wales Independent Liquor & Gaming Authority (ILGA) has put in place a number of temporary measures for gaming machines in an effort to help venues in the Australian state impacted by the novel coronavirus (Covid-19) pandemic.
Sports betting and igaming operator and supplier Newgioco aims to raise net proceeds of at least $9.2m through a share offering in order to repay outstanding debts as well as to accumulate working capital and or general corporate purposes.