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Monday April 19, 2021 3:12AM
The Latest in q3 2020
By Mathilde Adam
Business

Record Online Betting Triples Churchill Downs Q3 Profit

November 2, 2020

Churchill Downs Incorporated (CDI)‘s Q3 profit nearly tripled, thanks to an increase in online betting activity on its platform Twinspires. Net Profit Soars Thanks to Online Betting Growth Gambling operator CDI has reported a 10.3% year-on-year net revenue increase for the third quarter. The rescheduling of the Kentucky Derby boosted CDI’s online betting net profit […]

Record Online Betting Triples Churchill Downs Q3 Profit
By Jerome García
Business

Red Rock Resorts Cuts Expenses, Reveals Impressive Q3 Results

October 28, 2020

By introducing careful cost cuts and optimizing its expenses, Red Rock Resorts revealed impressive results in the third quarter of 2020. The operator used the COVID-19 lockdown period to re-evaluate its operations which made the company leaner and more efficient. Red Rock Resorts Reveals Q3 2020 Results Tuesday, October 27, Red Rock Resorts revealed its […]

Red Rock Resorts Cuts Expenses, Reveals Impressive Q3 Results
By Stoyan Todorov
Business

William Hill Group Results Down in Q3, Online and Int. Up

October 21, 2020

William Hill has posted stronger-than-expected Q3, 2020 results, with online business soaring and retail taking a slight tumble over the period. Online Continues to Grow in Third Quarter for William Hill William Hill has published its latest financial update covering the third quarter for the year and specifically the 13 weeks leading up to September […]

William Hill Group Results Down in Q3, Online and Int. Up
Trending
By Mike Johnson
Business

FT: Hedge Funds Peeved with William Hill and Caesars Deal

GWM Asset Management and HBK Capital Management have both sent letters to William Hill’s board of directors protesting what they described as a failure to disclose what they consider as potentially material information.  Hedge Funds Raise Issues with William Hill/Caesars Acquisition  Hedge funds may be revolting against William Hill’s board of directors, whom they now say failed […]

By Stoyan Todorov
Casino

Videoslots Launches Brand-New “Pool Play” Feature

Videoslots’ “Pool Play” feature will make the jackpot experience more fun, more social, and potentially come with a much better chance of winning big.   Videoslots Launches Pool Play to Make Jackpot Games Social Jackpot hunting has been a solitary business for many years now, but Videoslots wants to change that. The operator is rolling out the “Pool […]

By Martina-Nikoleta Tsvetkova
Industry

Ban on Sports Betting Ads After Online Gambling Spike

The surge in online gambling in Australia during the pandemic has provoked concerns related to sports betting ads and their effect on players. Foreign Operators in Australia with Enormous Gains During Covid-19 Foreign-owned corporate bookmakers have emerged as winners during the Covid-19 pandemic with an enormous increase in market value, which has put the issue […]

By Mathilde Adam
Business

Golden Matrix and Amelco Launch Online Sportsbook in India

Golden Matrix and Amelco announced the launch of a custom-build online sportsbook in India just as the IPL cricket is about to kick off. Undisclosed First iGaming Operator Golden Matrix Group announced Wednesday that it partnered with Amelco to launch its very first custom-built digital sportsbook platform with an existing undisclosed iGaming operator in a new market. Golden Matrix […]

By Stoyan Todorov
Business

Evolution Gaming Group to Acquire Big Time Gaming for $534M

Big Time Gaming will be the latest addition to Evolution Gaming Group’s growing portfolio of iGaming assets in a deal valued at $534 million.  Big Time Gaming to Join Evolution’s Growing Portfolio of Assets  Evolution Gaming Group is on a roll. Following the acquisition of the world’s leading manufacturer of slot games NetEnt, the company is […]

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