Finance

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Pennsylvania Gaming Revenue Continues To Grow, Online Play Accounts For 41.6% Of May Total

Eric Raskin

Of the $521 million in total gaming revenue, $216.9 million came from online gambling — iCasino, online sports betting, iPoker, and DFS.

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Michigan’s Online Gambling Market Thriving, May Revenue Up 28.9% Year-Over-Year

Erik Gibbs

The month of May closed with online gaming revenue of $239.5 million, compared to $185.8 million collected in May 2023.

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Pennsylvania Online Casinos Rake In Revenue In April, Up 26% YoY

Erik Gibbs

The state's online gaming market continues to grow, while the 17 retail casinos are collectively losing ground.

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iGaming Gives New Jersey Gambling Revenue A Boost In April, Up 10.4% YoY

Erik Gibbs

New Jersey's gaming market saw an increase in revenue in April, although much of the growth was driven by online gaming.

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Flutter Q1 Revenue Up 16% YoY, as FanDuel Continues Driving Growth

Steven Melendez

In iGaming, the company added exclusive access to World of Wonka online slots, a popular brand in land-based slot play that quickly became FanDuel's leading iGaming title.

Light & Wonder Sees Q1 Revenue Up 13%, Powered By SciPlay

Steven Melendez

Gaming, iGaming, and social gaming all saw double-digit revenue growth year over year.

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DraftKings Cuts Net Loss, Raises 2024 Guidance As Q1 Revenue Soars 53%

Steven Melendez

"DraftKings is off to an outstanding start in 2024 and we're excited to be raising our outlook for the year," said CEO Jason Robins on Friday.

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PENN Entertainment Reports $115M Q1 Loss After Lower-Than-Expected ESPN Bet Numbers

Steven Melendez

The company did see Y-o-Y growth in online gambling monthly active users, but so far, ESPN Bet spend per user has been less than expected.

Macau Drives MGM Resorts Revenue Growth, Up 13% Year-Over-Year

Steven Melendez

MGM Resorts sees record quarterly revenue after China lifts COVID restrictions in Macau.

Harsh Winter Weather Contributes To ‘Challenging’ Q1 For Boyd Gaming

Steven Melendez

Weather and Las Vegas traffic cut into revenue and earnings following a "record year" for Boyd.

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