Q1 2020 | LegalSportsBetting.com

Q1 Earnings Report Shows Wynn Resorts Was Hit Hard By COVID-19

May 8, 2020 by Carter Floyd

Wynn Resorts lost nearly $700 million in revenue in Q1 2020 compared to Q1 2019. The company’s stock price dropped by $84.87 (61%) from January 1 to March 31 as well. Some of Wynn’s losses are attributable to its decision to pay employees despite Wynn … Read more

GiG Sees Quarterly Growth For The First Time In Four Quarters

May 6, 2020 by Carter Floyd

Gaming Innovation Group (GiG) posted quarterly growth for the first time in four fiscal quarters in Q1 2020. The company recorded $33.7 million in revenue and $2.7 million EBITDA. GiG is restructuring its sports betting services to cut costs, although its efforts to do so … Read more

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