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Financial News Archives - Page 25US commercial gaming revenue rebounds in Q316 November 2020
Commercial gaming revenue totaled $9.04 billion in Q3 2020, reaching 81% of Q3 2019’s total and soaring 294% compared to the historic lows of Q2 that were caused by pandemic-driven casino closures, according to the American Gaming Association.
Foxwoods Resort Casino reports October slot revenue15 November 2020
In October, the Connecticut casino reported slot revenue of $26.1 million, down from the $27.6 million reported in September.
Foxwoods Resort Casino reports September slot revenue15 October 2020
The Connecticut casino is reporting slot revenue of $27.6 million for the month of September 2020. This results in a $6.9 million direct payment to the State of Connecticut.
Foxwoods Resort Casino reports August slot revenue15 September 2020
The Connecticut casino reported slot revenue of $29.6 million for the month of August. This mark is down from the $30.5 million number posted in July.
Detroit casinos report $69.3 million aggregate revenue in August14 September 2020
Compared with August 2019 results, revenue fell 46% to $28.6 million at MGM Grand Detroit, 37.5% to $25 million at MotorCity and 41.5% to $15.7 million at Greektown.
Foxwoods Resort Casino reports July slot revenue15 August 2020
Foxwoods Resort Casino is reporting slot revenue of $30.5 million for the month of July 2020. The Connecticut resort continues to see positive feedback from guests and team members on its extensive safety measures.
COVID-19 causes 79% year-over-year drop in Q2 commercial casino gaming revenue13 August 2020
Due to the impact of the COVID-19 pandemic, the U.S. gaming industry saw revenue decline in nearly every reported vertical compared to Q2 2019.
Foxwoods Resort Casino reports slot revenue for June15 July 2020
The Connecticut casino reported slot revenue of $33.6 million for the month of June 2020. This figure is down 4.9% compared to $35.3 million in June of 2019.
Detroit casinos revenue continues to fall14 July 2020
The Detroit casinos' year-to-date aggregate revenue fell 59.3% through 30 June as the COVID-19 health emergency has kept their doors closed since 16 March.
Michigan loses out on $100 million in tax revenue from casinos closing17 June 2020
The closure of Michigan’s 26 casinos cost state and local governments nearly $100 million in tax revenue during the first three months of the shutdowns, according to a new analysis by PlayMichigan.
Detroit casinos see revenue drop8 June 2020
The three Detroit casinos’ year-to-date aggregate revenue of $299.2 million was down by 51.6 percent through May compared to 2019.
William Hill revenue drops 57 percent during COVID-19 pandemic15 May 2020
William Hill PLC provides a trading update for the unaudited 17 weeks to 28 April 2020 and COVID-19 update.
DraftKings reports Q1 revenue growth, despite COVID-1915 May 2020
DraftKings reported financial results for DraftKings’ and SBTech’s first quarter ended 31 March, achieved prior to the completion of the companies’ business combination with Diamond Eagle Acquisition on 23 April.
Twin River suffers Q1 revenue decline, announces reopening plans13 May 2020
Twin River is in the process of establishing a prudent, multi-phased approach to re-open its facilities, including screening of team members and guests upon entrance of the properties.
MGM China reports sharp revenue declines3 May 2020
First quarter numbers for 2020 were significantly impacted by the COVID-19 pandemic, which led to a 15-day shutdown of all casinos in February by the Macau Government.
Boyd Gaming suffers 17 percent loss in revenue during Q1 202028 April 2020
The company today reported preliminary financial results for the first quarter ended 31 March 2020.
New Jersey sportsbook revenues fall, online casinos boom in March15 April 2020
New Jersey’s sportsbooks lost out on nearly $370 million in sports wagers in March, according to PlayNJ estimates, while online casino and poker revenue smashed the previous record with $64.8 million in revenue.
Kindred publishes annual report and sustainability report for 20199 March 2020
Kindred Group’s Sustainability Report covers activities during 2019 and includes facts, figures, ambitions and commitments within the five sustainability priority areas
JACK Entertainment celebrates record revenue year5 February 2020
Jack Cleveland Casino and JACK Thistledown Racino had a record-breaking year with a combined $398 million in gross gaming revenue in 2019.
Detroit commercial casinos total revenue topped $1.4 billion in 201927 January 2020
Both MGM Grand Detroit and MotorCity Casino experienced their highest yearly adjusted gross revenue totals since the casinos opened in 1999.
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