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Business
November 3, 2022
Foghorn Payments Introduces AGCO-Compliant Payment Solution
Foghorn Payments, a leading payment service provider, unveiled details regarding a new iGaming payments solution that is compliant with the gambling regulations in Ontario. Leading Payment Service Provider Rolls Out New Solution The latest announcement came Thursday and delivers a new solution for Canadians called Interac Express Debit. Foghorn’s leading solution enables customers to pay […]
Business
November 3, 2022
ParlayBay and BlueOcean Gaming Form Content Partnership
ParlayBay, a supplier of innovative sports betting titles, has formed a new content alliance with BlueOcean Gaming, which focuses on creating platform solutions for the online casino sector. This will mean that moving forward, ParlayBay will incorporate its entire portfolio of titles with BlueOcean Gaming’s platform, helping it deliver more impactful gamification options for its […]
Business
November 3, 2022
Penn Entertainment Posts Strong Q3 Results
After announcing its Q2 2022 revenue went up 5.2% in Q2 2022 to $1.63 billion in Q2 2022 compared to $1.55 billion, Penn Entertainment has published its Q3 results. The report highlights $1.6 billion in revenue, signaling an 8% year-on-year increase compared to the same quarter in 2021. The company also recorded a net income […]
Business
November 3, 2022
ComeOn Group Announces Two Strategic Director Appointments
The fast-growing iGaming company, ComeOn Group, announced two strategic leadership appointments Thursday. The company revealed it strengthened its leadership team by adding Aaron Lowe as its new director of casino. Additionally, the company’s senior-level team received a boost from the appointment of Jonathan West as director of sportsbook. Aaron Lowe and Jonathan West Join ComeOn […]
Business
November 3, 2022
MGM Posts Q3 Results, Enjoys 26% Revenue Growth to $3.4bn
The global hospitality and entertainment company, MGM Resorts International, released its latest results, outlining the performance for the third quarter of 2022. MGM Resorts Revenue Soars in Q3 On Wednesday, the company unveiled its unaudited results, acknowledging that it has seen strong growth in the three months ended September 30, 2022. Total net revenues in […]
Business
November 3, 2022
Sega Sammy Holdings Sales Soar Despite Profit Downturn
Sega Sammy Holdings, the prominent Japanese gaming giant which builds products for the video gaming and land-based gambling industry, has reported its latest financial results. The company has focused on the six months that ended on September 30, 2022. During the period, the company saw a 19.9% decrease in profit to JPY9.62 billion ($65.3 million). […]
Business
November 3, 2022
NorthStar Gaming Strikes New Partnership with NBA
Canadian sports betting operator NorthStar Gaming has signed an agreement with the National Basketball Association (NBA) and is being listed as an Authorized Gaming Operator by the league. Canada’s NorthStar Gaming Becomes One of NBA’s Authorized Gaming Operators NorthStar Gaming is partnering with NBA in a new agreement that will see the Ontario-based sports betting […]
Business
November 3, 2022
Despite Net Loss Widening, RSI Continues to Improve Revenue
Rush Street Interactive has reported its third-quarter results for the period ending on September 30, 2022. The company, which focuses on sports betting and online casino products in the United States and the Americas, has had much to be happy about, the report noted, although some subdued performance still persisted. Net Loss Nothing to Worry […]
Business
November 2, 2022
Melco’s Q3 Report Signals 46% Drop in Revenue
Toward the end of October, Melco Resorts & Entertainment announced it was getting ready to recruit 1,000 employees to fill in the new positions for its new Mediterranean project in Cyprus. Now, the company has made its unaudited third-quarter earnings for 2022 public, signaling a 46% decrease in total operating revenue. Strict Traveling & Covid-19 […]
Business
November 2, 2022
CDI Finalizes P2E Acquisition in a $2.75bn Deal
Churchill Downs’ parent company, Churchill Downs Incorporated (CDI), announced Tuesday the completion of the acquisition of Peninsula Pacific Entertainment (P2E). CDI Acquires Multiple P2E Land-Based Assets Completing the acquisition of P2E comes after CDI received the necessary approvals from the New York State Gaming Commission, the Virginia Racing Commission and the Iowa Racing and Gaming […]
