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Tag Archives: financial result

US – Nevada slots at historic high as June delivers another $1bn plus month

The bounce back from the pandemic has continued in Nevada where, driven by locals casinos and a record slot haul, state casinos generated revenues of more than $1bn for the fourth consecutive month in June. They generated more than in 2019 before the pandemic and narrowly missed out on surpassing the best ever month in…

US -Crane Co. reports 377 per cent increase in operating profit

Crane Co., a diversified manufacturer of highly engineered industrial products, has seen a 377 per cent increase in operating profit for the three months to June 30 2021, with year-over-year sales growth of 19 per cent and core year-over-year order growth of 45 per cent. Max Mitchell, Crane Co. President and Chief Executive Officer stated:…

US – AGS highlights ‘strengthened liquidity position’ from COVID-19 measures

AGS recorded a net loss of $42.6m in its second quarter from a net loss of $7.6m in the prior year, primarily due to the decrease in EGM and Table Products revenue, partially offset by decreases in expenses that were a result of management’s actions taken to decrease spending amid COVID-19, including employee furloughs, a…

US – Nevada casinos post their best September in history

Nevada’s casino sector posted its best ever revenues for the month of September, generating $1.06bn in winnings, reaching a high for 2019 and posting its fifth billion-dollar-month of 2019. The Nevada Gaming Control Board confirmed the results which saw a 6.8 per cent increase, compared with the same month in 2018. Control Board analyst Michael…

US – Atlantic City’s land-based growth continues in July

The Casino Association of New Jersey (CANJ) has announced that Atlantic City saw continued growth in the month of July, according to the most recent Division of Gaming Enforcement (DGE) gaming revenue results report. The DGE report released on Wednesday indicates that July gaming revenue for Atlantic City was over $323m, reflecting a 7.8 per…

Chile – Casino revenue reaches US$61m in December in Chile

The gaming casino industry in Chile, made up of the 18 gaming casinos authorised by Law No. 19.995 and the seven municipal casino license, registered gross gaming revenues (win) during December 2018, of $39,873m (approximately US$ 61m), a real monthly variation of 0.6 per cent compared to the same month of the previous year, while…

US – New Jersey sportsbooks near $1bn in wagers

Wagers at New Jersey’s online and retail sportsbooks rose 27 per cent in November to a massive $330.7m, and revenue rebounded from October. New Jersey’s handle now sits at $928.1m in less than six months since legalisation, an undeniable success, according to analysts for PlayNJ.com. By comparison, the October handle in Nevada, the nation’s largest…