Business
February 10, 2023
MGCB Green-Lights 888 to Become Hannahville’s New Platform Provider
The Michigan Gaming Control Board (MGCB), which is responsible for implementing, managing, and enforcing the Michigan Gaming Control & Revenue Act’s provisions, has given the green light to 888’s VHL Michigan subsidiary to turn into the Hannahville tribe’s new platform provider under the Sports Illustrated brand. Twin Spires Exited the Business in 2022 The Hannahville […]
Business
February 9, 2023
Tekkorp Capital Adds Mark McMillan as Advisory Team Partner
Before joining Tekkorp, McMillan accumulated more than two decades of experience within the finance vertical. Moreover, he is a seasoned veteran and a proven leader after helping with the development of different corporate strategies that delivered growth for globally recognized companies. Before joining Tekkorp, McMillan was a part of William Hill US where he served […]
Business
February 9, 2023
Sisal Secures Exclusive Sports Betting License in Morocco
On Wednesday, the company revealed it has secured the license for the La Marocaine des Jeux et des Sports (MDJS) following a competitive tender process. Ultimately, Sisal was selected as the victor of the tender process and signed an eight-year agreement for the MDJS in Morocco. With that in mind, the deal itself can be […]
Business
February 9, 2023
Catena Media Confirms CFO Peter Messner Plans to Step Down
Details about the latest announcement emerged Wednesday and according to Catena Media, Messner is expected to leave from his current position within the next six months. In the meantime, the company confirmed it has already started the process of recruiting a new chief financial officer. Michael Daly, Catena’s CEO, explained that amid the growing presence […]
Business
February 9, 2023
MGM Q4 2022 Results Reveal Record Quarter for Las Vegas Properties
MGM Resorts International saw a significant boost in its earnings for the year 2022 with a revenue of $13.1 billion, a surge of 36% from the previous year’s $9.7 billion. This figure encompasses the financial results of several properties, including the newly acquired Cosmopolitan in Las Vegas, and the full-year operations of Aria and Vdara. […]
Business
February 9, 2023
Wynn Resorts Posts Strong Performance and Results for Q4 22
On Wednesday, the company posted its preliminary 2022 results, showing that its operating revenues for the year ended December 31, 2022, hit $3.76 billion, marking a flat result when compared to the corresponding period a year ago. Adjusted property EBITDAR for 2022 hit $725.4 million, marking an increase when compared to the $596.4 million result […]
Business
February 9, 2023
Gannett Announced Strategic Partnership with Gambling.com Group
USA TODAY is one of Gannett’s brands and its audience numbers more than 47 million sports fans who are going to be served in-depth reviews, expert insights, and breaking news under the partnership with Gambling.com Group. There’s obvious room for synergies between what Gambling.com can offer and what Gannett’s audience needs – analysis and betting […]
Business
February 8, 2023
Red Rock Resorts Post Favorable FY 2022 Results, Vows to Remain Disciplined
Red Rock Resorts just published its financial results for Q4 2022, demonstrating mixed results. Despite the headwinds in Q4, the company’s annual results were positive, inspiring confidence in the business. As reported by the operator, it recorded net revenue of $425.5 million in Q4, which represents a slight 0.7% year-on-year increase. Net income, however, declined […]
Business
February 8, 2023
Kindred Posts Underwhelming Unaudited Q4 Results
The company released its unaudited results for Q4 and 2022 Wednesday, confirming it has taken immediate actions to improve profitability. The results are a preliminary estimate of the Group’s performance over the past 12 months, including Q4 results. Judging by those results, Kindred expects to see business-to-business (B2B) and business-to-customer (B2C) total revenue for 2022 […]
Business
February 7, 2023
Digitain Names Iain Hutchison Chief Revenue Officer
Announced Tuesday, the new collaboration will see Hutchison spearhead the company’s revenue growth strategy. Having an industry expert as a chief revenue officer, Digitain is planning to further expand its global presence and footprint within the fast-growing iGaming sector. Hutchison brings more than two decades of experience after being part of leading digital marketing, sports-betting […]
