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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 […]
Business
February 23, 2023
Marriott International Legal Counsel Mao Exits Las Vegas Sands Board
The legal counsel who first joined the rest of the Las Vegas Sands Corp board members from the position of an independent director in July 2021 made the important announcement earlier in the month. The Resignation Went into Effect on February 22 On February 17, Yibing Mao notified the NYSE-listed company that her resignation would […]
Business
February 23, 2023
CDI Reports Revenue Growth of 13% To Record $1.81B in 2022
Overall, the net revenue reported by Churchill Downs Incorporated (CDI) for the year ended December 31, 2022, hit $1.81 billion, a new record for the company. This result, when compared to the $1.6 billion figure reported in 2021, marked an increase of 13%. Not unexpectedly, the net income reported by CDI in 2022 increased as […]
Business
February 23, 2023
NetBet Italy and Amusnet Interactive Ink Win-Win Partnership
As a result of the newly inked agreement, several of Amusnet Interactive’s most popular casino games will soon reach NetBet’s online platform and become fully accessible for Italian players. Amusnet Interactive to Grow Its Presence in the Industry Previously known as EGT Interactive, Amusnet Interactive hopes to use the new deal to further expand its […]
Business
February 23, 2023
TonyBet Integrates Greentube Content into Its Latvian Portfolio
Greentube, NOVOMATIC’s digital gaming and entertainment division, has consolidated its presence in the regulated Latvian market thanks to a deal with TonyBet. Per the agreement, Greentube will provide the local operator with its engaging gaming content. Following the integration, a selection of classic and innovative Greentube and blue chip NOVOMATIC games are available to Latvian […]
Business
February 23, 2023
The Star Reports Loss in H1 FY23, Plans to Raise Equity
Australian entertainment and gambling company The Star Entertainment Group released its H1 FY23 results acknowledging net loss and plans for equity raising. The company’s gross revenue for the period was AU$1.01 billion ($689.1 million), while normalized EBITDA was AU$200 million ($136.4 million) and net profit was AU$44 million ($30 million) for the six months until […]
