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Business
February 26, 2024
PointsBet Posts H1 Results, Records Sharp Net Loss Decrease
PointsBet, which recently posted its Q2 results, has officially posted its H1 results, reporting a significant net loss decrease. The improved results were attributed to the recent sale of PointsBet’s US business to Fanatics Betting and Gaming. As PointsBet continued its business in Australia and Canada, it recorded statutory revenue of AUD 117.9 million ($77.2 […]
Business
February 26, 2024
PointsBet to Welcome Lucas as CTO, Part Ways with Bowskill
PointsBet, a major sports betting operator, has enhanced its tech team with the addition of Daniel Lucas as chief technology officer. As someone who has previously served Flutter Entertainment, the new appointee will be a valuable addition to the PointsBet C-suite. PointsBet described Lucas as a seasoned veteran with years of experience and an impressive […]
Business
February 23, 2024
Hacksaw Agrees to Supply Games to JOI Gaming’s JACKS Brand
Hacksaw Gaming has expanded in the Dutch market thanks to a partnership with a local iGaming leader. As announced by the company, it has now teamed up with JOI Gaming, agreeing to power its JACKS.NL brand with a variety of slot games. JOI Gaming is the online division of JVH Gaming & Entertainment Group, a […]
Business
February 23, 2024
Melco Resorts CEO Lawrence Ho Exits Hong Kong’s 50 Richest
Lawrence Ho, the founder, chairman, and CEO of Melco Resorts and Entertainment, has lost his position in Hong Kong’s 50 Richest list published by Forbes. The 47-year-old casino magnate and the eldest son of Macau’s late gaming pioneer Stanley Ho had been a regular on the list for the past ten years. However, macroeconomic pressures […]
Business
February 23, 2024
DAZN Doubles Down on France, Appoints Brice Daumin as CEO France & Switzerland
DAZN Group, the world’s daily destination for sports fans, has enhanced its leadership with a new addition to its C-suite. According to the announcement, the experienced Brice Daumin will join DAZN’s team as chief executive officer of its French and Swiss operations. In his new position, the appointee will be responsible for overseeing DAZN’s growth […]
Business
February 23, 2024
Bragg Gaming Supplies Content to Golden Nugget Michigan
Bragg Gaming Group, a content-driven iGaming technology provider, announced that it has launched its latest content and Remote Game Server (RGS) technology in Michigan with Golden Nugget. Bragg praised the launch as a significant milestone, saying that it reflects its ongoing strategy to expand its presence in North America. The supplier remains bullish on driving […]
Business
February 22, 2024
Aristocrat CEO Highlights the Company’s Progress in Annual Address
Aristocrat’s chief executive officer, Trevor Croker, has addressed the company’s recent performance, expressing optimism in its ability to digitalize its traditional casino games. In his address during the annual general meeting, Croker commented on Aristocrat’s FY results, praising the company’s growth. He pointed out that FY23 saw the company deliver revenue of $6.3 billion and […]
Business
February 22, 2024
Better Collective’s Impressive Financials Set the Stage for a Successful 2024
Stockholm and Copenhagen-listed media group Better Collective A/S has surpassed its 2023 revenue target despite challenging conditions in the US market during the fourth quarter. While Q4 results saw the company exceed its full-year revenue target of between €315 million ($340.6 million) and €325 million ($351.4 million), shares declined in response to the dip in […]
Business
February 22, 2024
Tabcorp Gains Market Share despite Dip in Revenue for 1H24
Tabcorp, the leading Australian betting giant, released its latest trading update, uncovering insights regarding its performance for the six months ended December 31, 2023. The period, recognized by the company as 1H24, indicated a decrease in revenue and group EBITDA, but highlighted an improving market share trend, pointing to expected strong growth in the near […]
Business
February 22, 2024
Bally’s Publishes Strong Q4 Results, Posts FY24 Guidance
Bally’s Corporation, a casino and hospitality company, has published its Q4 2023 results, painting a stable financial picture of its business. The company recorded a 10% improvement in its UK business on a dollar basis and reported an all-time-high quarterly adjusted EBITDAR. Bally’s consolidated revenues for Q4 stood at $611.7 million in Q4, up 6.1% […]
