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Business News and Headlines
Business
February 9, 2024
Playtech Adds Three-Year-Extension to BoyleSports Deal
The 1999-founded, London Stock Exchange-listed technology leader in the gambling industry, Playtech, has announced it has expanded its original agreement with BoyleSports, the Global sports betting and gaming company that operates in the UK, Ireland, South America, and Africa. Previously, at the end of October 2020, Playtech announced it would extend its long-term agreement with BoyleSports […]

Business
February 9, 2024
Flutter Looks for Startup Partner to Tap into Female Player Base
Gaming giant Flutter Entertainment’s UKI-facing brands, Sky Betting and Gaming, Paddy Power and Betfair, are considering a partnership that would allow them to tap into the increasing female customer base in the United Kingdom and Ireland. To that end, the UKI division is looking to team up with a “high potential startup” that would help […]

Business
February 9, 2024
Churchill Downs Forms Strategic Partnership with SAP America
Churchill Downs Incorporated (CDI) has unveiled a multi-year partnership with SAP America, a global market leader in enterprise application software. Under the deal, SAP will leverage its tech expertise to serve as the official technology partner of Churchill Downs Racetrack, the Kentucky Derby, and Kentucky Oaks. In addition, the agreement includes naming rights for the […]

Business
February 9, 2024
BetMGM Reports Strong FY 2023 Performance
BetMGM, a leading sports betting and iGaming operator jointly owned by MGM Resorts International and Entain, has announced robust financial results for the fiscal year 2023, according to unaudited figures. The recent report reflected on the performance of some key verticals, providing insights into the operator’s strategy and plans to tackle rising industry challenges. Most […]

Business
February 9, 2024
Blackstone-owned Crown Resorts CEO Cleared of Wrongdoing
After an internal investigation, Crown Resorts, under the ownership of Blackstone, has absolved its CEO, Ciaran Carruthers, of any wrongdoing following allegations that he intervened in security matters at Melbourne’s Crown casino. Crown Resorts Chairman Affirms CEO’s Innocence Amidst Investigation In a statement to staff, Crown chairman Bill McBeath emphasized the findings of the independent […]

Business
February 8, 2024
SOFTSWISS Secures Platform Provider of the Year Award
iGaming tech specialist SOFTSWISS has been named Platform Provider of the Year at the Global Gaming Awards EMEA. This acknowledgment, coming in the wake of a fruitful week at ICE London, solidifies the company as an industry leader in the region. Firmly focused on the EMEA region, SOFTSWISS secured the prestigious accolade after more than […]

Business
February 8, 2024
Light & Wonder to Aggregate Crucible Gaming Content
Leading gambling content and services provider Light & Wonder has signed a deal to aggregate content from Crucible Gaming. The latter company is a fast-growing gaming studio that has rolled out a number of very successful titles since its founding. Under the agreement, five of Crucible Gaming’s best games will go live on Light & […]

Business
February 8, 2024
Red Rock Resorts Enjoys Strong Q4 and Full Year 2023 Results
The leading casino and hospitality company, Red Rock Resorts, published its latest results, uncovering details regarding its performance for the fourth quarter and full year 2023. On Wednesday, the company released its unaudited report, pointing to strong growth in revenue as well as an increase in adjusted EBITDA for the three months ended December 31, […]

Business
February 8, 2024
Wynn Macau Surpasses Q4 Expectations with Strong Revenues
In a notable rebound, Wynn Macau Ltd, the Macau-based casino operator and subsidiary of Wynn Resorts Ltd, has reported impressive financial results for the fourth quarter of 2023. According to a filing with the Hong Kong Stock Exchange, the company recorded total operating revenues of $910.6 million, an 11.1% increase from the previous quarter. This […]

Business
February 7, 2024
Svenska Spel Posts 2023 Interim Report, Plans $181M Dividend
Svenska Spel has published its interim report for 2023, highlighting stable revenue. The year saw Svenska Spel earn a total net revenue of SEK 8,029 million ($766 million), in line with last year’s results. This followed a stable fourth quarter in which the company recorded net gaming revenue of SEK 2,121 million ($202 million) – […]
