Business
June 3, 2021
ECB Says Digital Money Underpins Financial Stability
Digital currencies issued by central banks in European Union Member States may act as a counterweight to potentially dangerous “artificial currencies.” Digital Currencies Are Coming to the EU A report published by the European Central Bank (ECB) on Wednesday issued a warning to European Union Member States that falling behind on developing a digital currency may have […]
Business
May 27, 2021
Boyd Gaming Looks to Attract $900M through Bond Sale
Boyd Gaming is coming off an eventful year, as are most casino operators around the world. The company has had its ups and downs due to COVID-19 and had previously announced that it was going to offer new bonds in order to raise $750 million. It has now upped its offer and is looking to […]
Casino
May 25, 2021
Maryland with One of the Highest Casino Revenues in 2020 in the US
Maryland casinos generated more revenue in the country in 2020 compared to other markets in the US. Maryland’s Revenue 30% Down but Highest in USA in 2020 According to a report by the American Gaming Association, Maryland casinos generated the highest revenues for 2020. The state gaming industry surpassed many other markets across the US, […]
Casino
May 25, 2021
The First Quarter of 2021 Has Been Kind to Atlantic City Casinos
Atlantic City has been battling its demons for a number of years and, just as it looked like the city might be starting to show signs of stability, COVID-19 came in. That reversed all of the hard work that had been put into the city’s recovery and 2020 was a complete disaster. The good news […]
Business
May 24, 2021
South Shore Holdings May Be on the Brink of Folding as it Halts Trading
In Western culture, the number 13 is associated with bad luck. However, in Chinese culture, 13 is viewed differently, and is associated with prosperity and good fortune. That might have been part of the reason South Shore Holdings decided to name a property it was expanding in Macau “The 13,” but, in this case, Western […]
Business
May 21, 2021
Genius Sports Reports a 52% Rise in Sales in Q12021
Genius Sports has issued its first Q1 results as a traded business on Thursday morning. Genius Publishes Its First Q1 Report as a Public Company Genius Sports, a sports data and analytics company, officially reported that its revenue went up by 52% in Q1 of 2021 and raised its sales forecast by 37%. It is […]
Business
May 20, 2021
Catena Media Enjoys a Strong Start to 2021 with Record Earnings
Catena Media hinted a month ago that it thought it might be able to report record revenue growth for the first quarter of the year, and it wasn’t wrong. The official numbers are out, and the global gaming affiliate company is outpacing the market by a long shot. Thanks to increased attention to the US […]
Business
May 18, 2021
Golden Nugget Reveals Impressive Results for Q1 2021
For the three months ending March 31, 2021, Golden Nugget reported strong revenue hitting $26.7 million, which marks a 54.2% increase when compared to the same period last year. The company remains focused on expanding to more US states by the end of the year. Golden Nugget Reports Strong Revenue Growth in Q1 2021 Leading […]
Business
May 17, 2021
Aristocrat Upgrades First Half FY 2021 Performance
Australian slot machine manufacturer Aristocrat Leisure announced in a filing to the Australian Securities Exchange (ASX) today its six month financial performance ended March 31, 2021 was upgraded. Significant Improvements Year-Over-Year Subject to final external auditor review and approval from the Board of Directors, Aristocrat accounted for the period normalized earnings before interest, tax, depreciation […]
Business
May 14, 2021
RSI Updates Revenue Guidance, Buoyant on Q1 2021 Results
RSI updates revenue guidance for 2021 and posts a strong Q1 2021 that marks a significant increase compared to 2020’s results. Rush Street Interactive Ends Record Q1 2021 Rush Street Interactive (RSI) has published its financial results for the first quarter of the year ended on March 31, 2021. The latest number signal strength in the company’s operations […]