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Business News and Headlines
Business
August 4, 2023
Play Synergy One Step Closer to Closing Aruze Gaming Acquisition
Innovative gaming solution provider Play Synergy will take ownership of Aruze Gaming’s extensive portfolio, solidifying its position as a leading player in the gaming industry. The Empire Technological Group brand aims to fully utilize Aruze’s worldwide assets and brand recognition to bolster its market share, relying on existing synergies to deliver exceptional and innovative products. […]

Business
August 4, 2023
Bally’s Reports Robust Q2 2023 Financial Results
Bally’s highly-anticipated Q2 financial report highlights the industry giant’s continued success and resilience in the face of challenges, positioning it for further expansion and success in the gaming industry. With most metrics comparable to other high-profile operators, Bally’s Corporation will retain its leadership position in today’s highly-competitive market. Strategic investments and portfolio streamlining set a […]

Business
August 4, 2023
DraftKings Posts Profit in Q2 2023, Hopeful about Rest of the Year
This is a seminal moment in the company’s history, with DraftKings’ non-GAAP earnings per share increasing by 14 cents, and once again – defying analyst forecasts which had the company posted as likely to lose 14 cents of its earnings per stock. This did not materialize, after EBITDA in the second quarter ended on June […]

Business
August 4, 2023
PlayAGS Keeps Positive Momentum with Record Q2 2023 Results
The developer and designer of equipment and services catering to the global gambling sector, PlayAGS, enjoyed strong growth after posting record-breaking Q4 2022 results in March. Now, the positive momentum gained by the company grows further as it celebrated another record-setting period, judging by its second quarter 2023 results. PlayAGS’ latest trading update was released […]

Business
August 4, 2023
Konami’s Q2 2023 Results Bolstered by Gaming & Systems Vertical
These numbers are attributable to the Gaming & Systems segment which performed strongly in the three-month period that ended on June 30, 2023, and bolstering the company’s presence in the land-based gaming sector in North American and Australian markets. Konami Gaming Hails Q2 2023 Results According to the company, this vertical has “regained” its momentum […]

Business
August 3, 2023
FL Entertainment Posts H1 Financial Update, Enjoys Growth
The fast-growing online sports betting platform in Europe and leading content provider, FL Entertainment, released its first half of 2023 financial results, highlighting strong growth thanks to strategic expansion and sustained business momentum. Overall, the company’s revenue for the first half of the year hit €1.92 billion ($2.1 billion). This result, when compared to the […]

Business
August 3, 2023
Hacksaw Gaming Expands in the US, Secures West Virginia License
The provider of premium online games, Hacksaw Gaming, continues to expand its North American footprint after securing a new license. The company confirmed Wednesday that it secured a full supplier license for the regulated gambling market in West Virginia. The recent license, awarded by the West Virginia Lottery, effectively allows Hacksaw Gaming to distribute its […]

Business
August 3, 2023
AGCO Clears Amelco for Launch in Ontario, Canada
Amelco has welcomed this as a major milestone, as the company will be able to deploy its full end-to-end solution and consolidate its presence in the region. Amelco Secures Prerequisite to Launch in Ontario The supplier brings a host of services and intuitive solutions, to wit iGaming, player account management, and sportsbook suite, which will […]

Business
August 3, 2023
RSI Posts Q2 2023 Results, Beats Wall Street Consensus
Rush Street Interactive, a market leader in online casino and sports betting, has defied Wall Street expectations by posting stronger financial results in the second quarter than expected. The company achieved a revenue of $165.1 million, which was a 15% gain in Q2 2022, and managed to pare down its loss to $16.7 million, from […]

Business
August 3, 2023
MGM Resorts Hits All-Time Record Consolidated Net Revenue in Q2 2023
The company reported “outstanding second-quarter performance” which was further boosted by a new long-term agreement with Marriott, allowing the company to expand its customer booking channel and add to future profitability, said company CEO and president Bill Hornbuckle. MGM Reports Its Best Net Revenue Performance Hornbuckle said that the company was excited about the rest […]
