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Business News and Headlines
Business
February 27, 2023
Yggdrasil Inks UK and Ireland Slot Distribution Agreement with BoyleSports
Last May, the Irish sports betting group announced the start of a major expansion for its retail betting network in Great Britain, with 20 pending stores as part of the plan. At the time of the announcement, BoyleSports was already counting 25 stores in Britain. Now, BoyleSports has agreed to a fresh multi-territory distribution agreement […]
Business
February 27, 2023
COVID-19 Prompted Tribes to Diversify Their Businesses
COVID-19 has exposed the shortcoming of tribal nations’ overreliance on gambling income. In the wake of the terrible pandemic, more and more tribes are looking to diversify their sources of revenue. The Associated Press analyzed the trends and spoke with tribal spokespeople. The Pandemic Highlighted the Need for New Revenue Streams As reported by the […]
Business
February 27, 2023
7777 Gaming Integrates Games into EveryMatrix’s CasinoEngine
7777 gaming, an online B2B provider, which offers iGaming platform, games and tools, has unveiled a new strategic partnership with the renowned software provider EveryMatrix. Under the terms of the agreement, 7777 gaming’s entire portfolio will be made available to EveryMatrix’s aggregation partners. As agreed by the two companies, EveryMatrix will add content from its […]
Business
February 27, 2023
Gamingtec Onboards Apollo Games Jackpot Titles
Apollo Games, a leading slot provider of premium gaming solutions, has agreed to power Gamingtec’s market-leading lineup of games with new titles. The partnership is expected to take the turnkey online casino and sportsbook platform provider’s portfolio “into the stratosphere.” As per the deal, Apollo Games will supply Gamingtec with a selection of critically-acclaimed games, […]
Business
February 24, 2023
VICI Properties Announces Record End-of-Year Results
VICI’s savvy choice of investments continues to pay off as its shares keep rising and net income soars. The REIT maintained its momentum during the last quarter, demonstrating substantial boosts across the most relevant metrics. Such impressive financial results provide a stable foundation for the investment trust to provide its shareholders with sustainable growth and […]
Business
February 24, 2023
GLPI Publishes Q4 Results, Sets 2023 Guidance & Dividend for Q1
Gaming and Leisure Properties Inc (GLPI), the NASDAQ-listed company that acquires, finances, and owns real estate property leased to operators as part of triple-net lease arrangements has published its results for Q4 and year-ended December 31, 2022. The company’s board also established its first-quarter dividend for 2023 while introducing its guidance for the new year […]
Business
February 24, 2023
Bally’s Enjoys Exceptional Results in 2022 and Growth for Q4
Details emerged as a part of a trading update released on Thursday which saw the company report fourth quarter revenue of $576.7 million. This result, when compared to the Q4 2021 result of $547.7 million, marked a strong increase of more than 5%. Adjusted EBITDA for the three months ended December 31, 2022, hit $145.8 […]
Business
February 24, 2023
RWLV Posts Strong Q4 Results, Hopes to Bolster Visitation
Resorts World Las Vegas, a casino and hospitality venue owned by Genting Berhad, has recorded record-breaking revenue for Q4 2022. Despite the favorable figures, experts believe that figures could have been even better if not for the various headwinds in 2022. As reported by Genting Berhad, the property saw revenue reach $227 million during the […]
Business
February 24, 2023
QTech Games Onboards Live Casino Content from SA Gaming
QTech Games, a leading game distributor for emerging markets, has enhanced its offering with content from the live casino specialist SA Gaming. As per the deal, the latter company’s entire portfolio has been integrated into QTech’s platform. SA Gaming is a top Asian online entertainment platform provider and a winner of the APAC-Focused Technology Supplier […]
Business
February 24, 2023
Aristocrat Plans Further Growth, Confirms Extension of Share Buy-Back Program
The company confirmed Friday it extends its on-market share buy-back program. This program is part of Aristocrat’s ongoing capital management strategy. It confirmed that since June 2022, the company has bought back some AU$478 million ($324.4 million). However, the buy-back program will now be extended for an additional period. A statement released by Aristocrat on […]