The operator also generated a quarterly record for adjusted EBITDA, which increased 8.6% to nearly $53.8m, as well as 0.3% net income growth for a total of $14.7m.
Kevin O’Toole stated prediction markets have ‘perfected a wildly addictive formula’ to target ‘young, inexperienced bettors’ as part of his comments issued to CFTC Secretary Christopher Kirkpatrick.
The Ohio Casino Control Commission reported slot revenue increased 1.1% to account for $69.6m of the state’s total gaming revenue, while table games produced $25.3m and fell 1%.
The Tropicana casino in Culiacán was set on fire by an armed group, leaving one person dead and several injured. It was the venue's second attack in under a week.
Some companies invest heavily in product innovations, but the New Jersey Lottery shows how keeping it simple can sometimes be just as impactful.
Eminence manages around $6bn and is expected to return at least 75% of investor capital by the summer as it winds down operations.
The Yuhaaviatam of San Manuel Nation has confirmed the transaction, which could close by the end of the month.
The merged platform will combine daily fantasy contests and best ball formats across 38 US states and Canada.
As part of the hearing, the Senate Commerce Subcommittee on Consumer Protection, Technology and Data Privacy will speak on gameplay manipulation and potential insider trading.
The figure (US$7bn) equates to an increase of 20.6% year-over-year, while the province’s total non-adjusted gross gaming revenue grew 30.7% to $387m during the monthly period.