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Melanie Porter's latest articles
Melanie Porter
EditorAfter finishing her master's in publishing and writing, Melanie began her career as an online editor for a large gaming blog and has now transitioned over towards the iGaming industry. She helps to ensure that our news pieces are written to the highest standard possible under the guidance of senior management.
Business
May 14, 2024
Flutter Reports $375M Comprehensive Net Loss in Q1, 16% Revenue Growth
The leading online sports betting and iGaming operator with a versatile portfolio of brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, and MaxBet, Flutter Entertainment plc, has published its Q1 2024 financial report. The industry leader, which recorded $11,790 million of revenue globally for fiscal year 2023, and $3,397 million of revenue […]
Poker
May 14, 2024
888poker to Exit New Jersey in June, WSOP Remains Operational
Earlier in the week, gambling giant 888 announced the completion of its rebranding as evoke with the purpose of better reflecting its multi-brand operating model as well as its goal to offer state-of-the-art entertainment. Now, the gambling powerhouse is getting ready to exit New Jersey as a result of its decision to shut down its […]
Business
May 13, 2024
Ex-Rank Group CEO in Talks to Lead Entain
FTSE-100 online gambling giant that owns Ladbrokes, Entain, has added a fresh name to the list of candidates for the chief executive officer (CEO) position. According to sources close to Sky News, former Rank Group CEO, Henry Birch, could take over interim CEO Rob Wood’s responsibilities. More Names on the List While Birch represents a […]
Lottery
May 13, 2024
Mega Millions Jackpot Reaches $363M After No Big Hit
The 1 in 302,575,350 odds of hitting the Mega Millions jackpot with a $2 ticket have once again proved to be too low for players who tried their luck at the freshest drawing on Friday. No player has come forward to announce hitting all of Friday night’s numbers (12, 22, 26, 32, 65) plus the […]
Industry
April 26, 2024
ATG CEO Hints Sweden’s Government Is Open to Amend Tax Hike
Swedish gambling operator ATG’s chief executive officer, Hans Lord Skarplöth, has suggested the government might be willing to amend the gross gaming revenue tax hike proposal. Seminar for 20 Politicians In a blog post on the ATG platform online, CEO Skarplöth explained the unique betting company launched in 1974 has hosted a gambling-connected seminar for […]
Industry
April 26, 2024
Hard Rock to Pursue Online Casinos in Case of Favorable SC Decision
If the legality of its online sports betting model is confirmed by the US Supreme Court, the Seminole Tribe will likely begin to pursue Florida iCasinos. The statement was made by Jim Allen, Hard Rock International’s chairman who is also Seminole Gaming’s chief executive officer, during the East Coast Gaming Congress held last week. Floridians […]
Business
April 25, 2024
Sportradar Chooses Craig Felenstein as the New CFO
The 2011-founded global sports technology company that creates immersive experiences for sports fans and bettors, Sportradar Group, has appointed Craig Felenstein as its new chief financial officer. Felenstein, who previously embraced the same role with the global leader in expedition cruises and adventure travel, Lindblad Expeditions, will start to exercise his duties effective June 1. […]
Business
April 25, 2024
Einhorn’s Greenlight Capital Takes Mid-Sized Stake in PENN Entertainment
PENN Entertainment’s shares went up 2.41% today on volume that was 55.7% over the regular daily average as a result of David Einhorn disclosing that Greenlight Capital took a “medium-sized” stake in the casino operator in Q1. This way, Greenlight joins the list of popular hedge funds that have recently taken stakes in PENN Entertainment, […]
Industry
April 24, 2024
Melco CEO Wants Multi-Trip Visa Between Hengqin and Macau
In 2023, the operator of prominent Macau-based properties like Altira, City of Dreams, Studio City, and Morpheus, Melco Resorts & Entertainment, launched the Studio City phase, thus expanding one of its most lucrative venues counting 900 luxury rooms. Following the ongoing development of the company as well as the industry as a whole in the […]
Industry
April 24, 2024
Gambling Addict Imprisoned for Theft That Left Coworkers Jobless
A gambling addict who was found guilty of fraud by abuse of position and the theft of £186,000 ($231,000) in cash from his employers was sent to six years in prison. The sentence was formulated by the Liverpool Crown Court following the suspect’s trial. He was jailed on April 22 for several thefts that he […]
