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March 06, 2021
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Fourth quarter revenues were hit by the pandemic's negative impact
AGS generates positive operating, free cash flow for the 2nd consecutive quarter
Consolidated revenue saw a year-over-year decrease of 40.1% in Q4. Gaming operations revenue totaled $40.0 million compared to $51.6 million in the 2019 fourth quarter. AGS estimates approximately 90% of its 16,268-unit domestic installed base was ...
United States | 03/05/2021 | Land Based Casinos
The company expects year-over-year growth of 40% to 55% this year
DraftKings' revenue and customers soar in the fourth quarter, 2021 guidance raised
DraftKings on Friday reported Q4 revenue of $322 million, 98% up on a pro forma basis. The company reported 1.5 million monthly unique paying customers during each month in the quarter, up 44% year-over-year.
United States | 03/01/2021 | Land Based Casinos
Compared to the same period in 2019
Gaming Innovation Group's revenues up 66% in Q4 2020
According to CEO Richard Brown, the fourth quarter continued to demonstrate the results of actions taken through the year by delivering yearly growth in normalized revenues and EBITDA by 19% and 212% respectively.
Norway | 02/24/2021 | Land Based Casinos
Nine properties nationwide set fourth-quarter EBITDAR records
Boyd Gaming achieves record companywide operating margins for second consecutive quarter in Q4
The company reported fourth-quarter revenues of $635.9 million, compared to $833.1 million in the fourth quarter of 2019. "Our company continues to produce the highest margins in our history, even in the face of stricter COVID restrictions and ...
United States | 02/17/2021 | Land Based Casinos
The company said the business improved during Jan. and into Feb. at most MGE properties
Mohegan sees net revenues drop 42% in Q4, expects "significant pent-up demand" ahead
Mohegan Sun’s gaming revenues during the quarter were down by 22%. Federal stimulus funding, falling COVID-19 infection rates and the rollout of the vaccine are expected to fuel a rally in the casino business, MGE’s President and CEO said. ...
United States | 02/15/2021 | Land Based Casinos
Compared to the same period in 2019
Evolution reports 68 increase in Q4 operating revenues
According to the company's CEO, Evolution's organic growth was solid already in the beginning of 2020, and in spite of the pandemic he was "pleased to see continued strong demand with many new players and high activity in the network throughout ...
Malta | 02/11/2021 | Land Based Casinos
BetMGM generated revenue of $178 million last year, achieved 17% of the U.S. market
MGM's regional properties soften Strip operations drop in Q4
Net revenues at MGM's Las Vegas Strip resorts dropped 66% to $480 million in the fourth quarter year-over-year, while regional properties saw a 34% decline and represented 40% of the total net revenues. Bookings in Vegas are on the rise, but MGM ...
United States | 02/11/2021 | Land Based Casinos
Net revenues for 2020 were down about 36%, Q4 saw a 25.5% drop
Red Rock's Palms, three other Vegas casinos likely to delay reopenings until customers return
CEO Frank Fertitta said Tuesday that Texas Station, Fiesta Rancho, Fiesta Henderson and Palms Casino Resort's reopenings depend on the return of both tourist customer base and the customer base of older Las Vegas locals. The company reported a ...
United States | 02/10/2021 | Land Based Casinos
Driven by a busy sporting calendar, exceptional operator trading margin and new markets growth
Kambi reports record Q4 with 76 percent year-on-year rise in revenue
The betting solutions provider's revenue amounted to €46.9 (Q4 2019: 26.7) million for the fourth quarter of 2020 and €117.7 (92.3) million for the period January to December 2020. "Our strong growth means Kambi is now operating at a scale like ...
Malta | 02/10/2021 | Land Based Casinos
The company recorded a 4.3% share of gross winnings from high-risk players in Q4
Kindred first operator to report revenues derived from harmful gambling
The firm will publish its new "transparency metric" on a quarterly basis, as it seeks to achieve zero percent of revenues from harmful gambling by 2023. The high-risk figure is shared with a measurement of "safer gambling efficiencies", reporting a ...
Sweden | 02/08/2021 | Land Based Casinos
Next
Companies
Fourth quarter revenues were hit by the pandemic's negative impact
AGS generates positive operating, free cash flow for the 2nd consecutive quarter
03/05/2021
03/05/2021
Events
The event will be moved to November 16 -18, 2021
SiGMA postpones April event following government announcement
03/05/2021
03/05/2021
Land Based Casinos
The Gaming Commission keeps mask mandate at casinos after Gov. lifted it
Mississippi casino occupancy rate raised to 75%
03/05/2021
03/05/2021
Land Based Casinos
The mini-casino will occupy the site of the former Macy’s in Nittany Mall in College Township
Bally's first Pennsylvania casino sets location
03/05/2021
03/05/2021
Land Based Casinos
Other hospitality workers in some Nevada counties could get it sooner
Vegas casino workers could receive COVID-19 vaccine in the next two weeks
03/05/2021
03/05/2021
Associations
All but one company reported increases in their stock prices
AGEM Index sees 60.3% year-over-year growth in February
03/05/2021
03/05/2021
Companies
The company estimates the takeover from Caesars could be completed this month
William Hill online revenue partially offsets retail's 30% slump in 2020
03/05/2021
03/05/2021
Sports Betting
Remote gambling software and remote betting
FansUnite applies for U.K. gambling licenses
03/05/2021
03/05/2021
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