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Business
August 7, 2023
NetBet Italy Gains Access to Games from Inspired Entertainment
The leading online gambling provider in Italy, NetBet Italy, announced Monday it forged a new partnership with the global supplier of technology, hardware, services, content and technology for the global gambling industry, Inspired Entertainment. Under the terms of the freshly minted deal, the provider agreed to grant NetBet Italy access to its leading portfolio of […]
Business
August 4, 2023
Red Rock Resorts Publishes Q2 Report, Highlights Strong Net Income
Red Rock Resorts, a casino and hospitality company, published its Q2 report for the three months ended June 30. The company reported a very slight year-on-year drop in net revenues from $422.2 million in Q2, 2022, to $416.1 million in Q2, 2023. Net income, on the other hand, skyrocketed by a whopping 130.9% to $74.9 […]
Business
August 4, 2023
Accel Entertainment Unveils Strong Q2 2023 Results
The leading distributed gaming operator in the United States, Accel Entertainment, released its latest operating results, revealing details regarding its performance for the second quarter of 2023. In its latest trading update, released Thursday, the company confirmed strong growth of revenue and adjusted EBITDA for the three months ended June 30, 2023. Judging by the […]
Business
August 4, 2023
Enjoy Group Considers Sale of LATAM Assets Following Failed Merger
Enjoy Group, a South American casino and hospitality company, has contacted the Chilean Commission of Financial Markets (Commission for the Mercado Financiero/CMF) about a potential sale of casino properties in Chile and Uruguay. The decision comes in the wake of a failed merger with DREAMS SA. Enjoy was supposed to merge with the aforementioned company […]
Business
August 4, 2023
ZEAL Network Welcomes Stefan Harder as VP of New Business
ZEAL Network, an international Hamburg-headquartered gambling group, has reinforced its team with the addition of a vice president of new business. The one up to the task is Stefan Harder, an e-commerce heavyweight with over two decades of experience. A Hamburg native, Harder joined ZEAL last month, reporting directly to Helmut Becket, ZEAL’s chief executive […]
Business
August 4, 2023
Spiffbet Sells Game Development Business to Million Games
Casino operator and games developer, Spiffbet AB, announced its plans to sell its game development business, amid changes and focus on its own casino services and casinos. The company announced Friday it will sell its game development business to the Swedish game studio, Million Games AB. The price tag for the takeover, which “depends on […]
Business
August 4, 2023
Catena Divests UK and Australian Units in $6.56M Deal with Moneta
Catena is divesting from the United Kingdom and Australia as the company seeks to consolidate its presence in North America – a fairly new, vibrant, and highly promising iGaming and sports betting market. The sale is part of a company-wide strategic review that wants to see the company optimize and establish its footprint in the […]
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 […]
