Nevada casinos saw their revenue tumble in fiscal 2020 while profits jumped nearly 41% as pandemic shutdown trimmed expenses.
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Svenska Spel taking “aggressive” steps to reverse downward trend
Sweden's state-run gambling operator Svenska Spel saw revenue fall yet again in Q3, but company says it's taking 'aggressive' steps to reverse this trend.
Betsson insists long-term strategy a winner despite “downturns”
Online gambling operator Betsson AB insists that its long-term strategy is a winner despite "temporary downturns" in a number of key markets.
Las Vegas Sands’ revenue, profit slide spoils Adelson’s return
A challenging Macau VIP gambling market leads to declines in revenue, earnings and profit for Las Vegas Sands in Q3, spoiling return of Sheldon Adelson.
Cambodia braces for 2020 budget hit after online gambling ban
Cambodia's government warns that its plan to halt all online gambling activity by the end of 2019 will result in a significant tax hit to its 2020 budget.
UK youth survey finds video game loot boxes are gambling gateway
UK's 2019 Young People and Gambling report shows overall decline in youth gambling but video game loot boxes are shown to presage real-money gambling.
Finland’s Veikkaus to critics: slot machine turnover isn’t revenue
Following TV appearance by gov't minister, Finland's Veikkaus gambling monopoly publicly explains the difference between slots turnover and revenue.
Greece scraps plans for double taxation of online gambling
Greece's government reverses its plans to prevent online gambling licensees to deduct gaming revenue tax from corporate taxation.
Sci-Games join Twin River’s bid for Rhode Island gaming contract
Scientific Games Corp joins consortium led by Twin River Worldwide Holdings to pursue public bid for Rhode Island Lottery contract.
