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Business News and Headlines
Business
October 20, 2023
FDJ Reports 4% Revenue Growth for First Nine Months of 2023
Française des Jeux (FDJ), the leading Frech lottery operator, released its latest trading update Thursday, revealing insights regarding its performance for the third quarter and first nine months of the year. Overall, the reported revenue for the third quarter of this year halted at €586 million ($620.5 million). This result, when compared to the corresponding […]

Business
October 20, 2023
SPRIBE Secures Major Marketing Deal with UFC
The UFC has unveiled a brand new partnership with SPRIBE, the iGaming company behind the world’s biggest crash game. The multi-year marketing partnership will see the provider’s brand promoted across many of UFC’s biggest live events. According to the announcement, SPRIBE’s brand will feature at select UFC Pay-Per-Views and Fight Nights. The company logo will […]

Business
October 20, 2023
Deutsche Bank Analyst Optimistic about MGM after Cyberattack
The leading gaming, hospitality and entertainment giant, MGM Resorts International, became a victim of a cyberattack back in September. At the time, the operator confirmed issues with bookings, hotel electronic doors, some slot machines, as well as other amenities. After the initial attack, MGM was able to recover and resume its operations while at the […]

Business
October 19, 2023
Acres Selects David Bain for Chief Financial Officer Role
The leading casino technology provider, delivering products to more than 60,000 casino gaming machines across the United States, Acres Technology, strengthened its senior-level team with the addition of David Bain, a Wall Street gaming industry expert with a track record in corporate finance. Joining the company, he was appointed to the role of chief financial […]

Business
October 19, 2023
Las Vegas Sands Enjoys Strong Q3, Posts $2.8bn in Net Revenue
The leading developer and operator of integrated resorts, Las Vegas Sands (LVS), released its latest financial results, outlining strong performance for the company for the three months ended September 30, 2023. The latest unaudited financial results emerged Wednesday and see the gaming and entertainment operator post $2.8 billion in net revenue for the third quarter […]

Business
October 18, 2023
Inspired Entertainment Parts Ways with Rogers, Names Freeman as CCO
Inspired Entertainment, a provider of gambling content and solutions, has unveiled the appointment of Ian Freeman as its new chief commercial officer. Starting on November 16, the new hire will be responsible for expanding the presence of the company’s virtual sports products. As CCO of the company, Freeman is set to replace Steve Rogers. The […]

Business
October 18, 2023
888 Reveals Q3 Results, Posts 10% Decrease in Revenue
The world’s leading betting and gaming company that owns globally recognized brands such as 888, Mr Green and William Hill, 888 Holdings Plc, released its latest trading update. On Wednesday, the company released its newest report, revealing details regarding its performance for the three months ended September 30, 2023. The recent trading update reveals that […]

Business
October 17, 2023
Analyst Trusts MGM Resorts Shares to Hit $69 despite Recent Cyberattack
Several weeks ago, the casino giant MGM Resorts suffered a devastating cyberattack that forced it to shut down multiple systems. In the wake of the attack, the company was warned that its credit score might be lowered while its stock plummeted. Equity analyst David Katz, however, is optimistic that the casino juggernaut will make a […]

Business
October 17, 2023
Elys Game Technology Faces Delisting from Nasdaq
Elys Game Technology, a gaming technology provider listed on the Nasdaq under the ticker symbol ELYS, will likely be delisted as the company’s common stock did not maintain the minimum closing bid price required by Nasdaq Listing Rule 5550(a)(2). Elys’ management is now evaluating various options to regain compliance with listing requirements. Share Prices Remain […]

Business
October 17, 2023
NJ Gaming Revenue Soars in September Driven by Betting, iGaming
The gambling regulator in New Jersey, the Division of Gaming Enforcement (DGE), released its latest report, revealing insights regarding the performance of licensed gambling operators for the month of September. The new report, released Monday, reveals that the total gaming revenue reported by casinos, racetracks and their partners soared to $521.5 million last month. This […]
