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Business
November 1, 2023
Caesars Posts Good Q3 Results, Anticipates Strong Finish of 2023
The leading gaming and entertainment company, Caesars Entertainment, released its latest trading update Tuesday. The company unveiled details regarding its third quarter results, pointing to strong performance and an increase in net revenues. Overall, Ceasars’ net revenues for the three months ended September 30, 2023, were just shy of $3 billion. The company’s $2.99 billion […]
Business
November 1, 2023
Crown Is Renegotiating Its $1B Tax Guarantee with NSW
Crown Resorts is renegotiating its 1 billion-dollar (AUD) tax guarantee agreement with the New South Wales government. In 2013, the operator promised to pay at least $1 billion in license fees and taxes over the 15 years after the opening of its Sydney property. However, the casino didn’t quite pick up as Crown Resorts had […]
Business
November 1, 2023
Light & Wonder Leverages Playzido to Supply Caesars with Sweet 16 Blackjack in Michigan
Light & Wonder has leveraged its content creation platform Playzido to supply bespoke content to Caesars Digital online in Michigan. As a result, the latter company’s Caesars Palace Online Casino and Caesars Sportsbook & Casino brands will now be able to engage fans with an exclusive version of HITSqwad Gaming’s Sweet 16 Blackjack game. The […]
Business
November 1, 2023
Kambi Publishes Q3 Report, Highlights Importance of Recent Deals
Kambi Group has published its report for the third quarter of 2023, highlighting its financial results and its recent achievements. In addition to recording higher metrics across the board, Kambi scored “landmark signings” with Svenska Spel and LiveScore Group. In Q3, Kambi recorded revenue of €42.1 million ($44.4 million), exceeding Q3 2022’s result of €36.7 […]
Business
November 1, 2023
Nevada Gaming Win Increases by 2% in September to $1.27bn
The Nevada Gaming Control Board (NGCB), the gambling operator in the state, released its newest revenue and collections report, outlining details regarding the performance of nonrestricted gaming operators for September this year. The new report emerged Tuesday and saw nonrestricted gaming licensees across the state report a total gaming win of $1.27 billion this September. […]
Business
November 1, 2023
Scientific Games Plans Growth via Investment in iLottery Content Hub
The global provider of content, technology and games for government-sponsored lottery operators, Scientific Games (SG), confirmed its plans to accelerate investment in its iLottery Content Hub, as well as partner program, targeting further growth and expansion. On Tuesday, the company confirmed it will showcase new digital games along with its partner program at the North […]
Business
October 31, 2023
Entain Names Amanda Brown as Independent NED
Global gaming and sports betting leader Entain has reinforced its board with the appointment of Amanda Brown as an independent non-executive director (NED). The experienced appointee has years of experience in corporate leadership roles and is a valuable addition to the team. Brown will officially join the team on November 8, also becoming a member […]
Business
October 31, 2023
TrueLayer and William Hill Team Up for Instant Payment Solutions
In a strategic move to enhance its customer experience, William Hill, one of the UK’s leading gaming operators, has partnered with TrueLayer, a payments technology provider. This mutually beneficial agreement will significantly bolster TrueLayer’s market presence, allowing it to stand out amidst harsh competition. Meanwhile, William Hill will benefit from instant bank payment capabilities, improving […]
Business
October 31, 2023
IGT’s Q3 Revenue Stagnates, but the Company Remains Healthy
International Game Technology (IGT), the global gaming and lottery solutions provider, announced its third-quarter financial results, reporting revenue of $1.06 billion. This figure is consistent with the previous year and the preceding quarters, indicating steady fiscal performance. IGT leadership remains optimistic that the company can further leverage its leadership position and achieve lasting success. Negative […]
Business
October 31, 2023
Rick Wolf to Retire from SSG at the End of 2023
The world-leading technology, content, media and solutions provider that focuses on the sports betting and fantasy sports vertical, Spotlight Sports Group (SSG), announced an upcoming change to its C-suite. On Tuesday, the company confirmed that its SVP of business-to-business (B2B) partnerships, Rick Wolf, has taken the decision to retire. His retirement would be effective as […]
