02/05/21 Penn National reveals 2020 results Gaming giant Penn National has reported huge losses for 2020, especially in the second and third quarters.
02/03/21 Moody’s: hotels, gaming & leisure to see most defaults in 2021 After a dire 2020, things look little better for the gaming industry in 2021 according to a report by Moody’s Investors Service.
02/02/21 Golden Nugget owner to go public in SPAC deal Landry’s shares will be listed on the New York Stock Exchange through a merger with a SPAC company.
01/31/21 Betting boss is biggest UK tax payer for second year Denise Coates of bet365 has topped the Sunday Times Tax List for the second year running.
01/29/21 Rank Group revenue plummets 55% Covid-19 closures and responsibility measures severely impacted the UK-based operator, which posted a loss for H1.
01/26/21 Codere granted debt extension Creditors have allowed the Spanish gambling group Codere SA to negotiate an extension on the maturity of senior secured debt notes.
01/25/21 Analyst raises Boyd Gaming price target Stifel has increased its price target despite lowering estimates for near-term performance.
01/21/21 British gambling regulator reveals 13% drop in igaming yield Figures from the regulator show the gross gambling yield for igaming in November fell to £471.5m.
01/14/21 Kindred Group posts record revenue for 2020 Q4 The Unibet operator saw a higher than expected sports betting margin in the quarter.
01/14/21 William Hill sees revenue fall 16% in 2020 Fourth-quarter growth wasn’t enough to prevent the Covid-19 pandemic from causing a double-digit decline in revenue for British betting giant.
01/11/21 IAC supports MGM in Entain bid IAC has sent MGM a letter confirming its support for a deal with Entain, saying it would make the company an “omnichannel global leader.”
01/07/21 Germany: Lottery bets grew in 2020 Wagers were up 8.2 per year on year in 2020 and online sales accounted for more than 11 per cent of the total.
01/05/21 Playtika revenues top $1.8bn in 2020 Playtika’s revenues for the nine months up to September 30 were revealed in the registration statement filed ahead of its public offering.
12/22/20 European gambling revenue down by a quarter year-on-year Revenue across the continent as a whole is set to close the year down by 23 per cent due to the impact of the Covid-19 pandemic.
12/18/20 Illinois sports betting handle reaches $435m Industry experts forecast that Illinois could become the fourth-largest sports betting market in the US.
