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Business News and Headlines
Business
November 1, 2022
Tilman Fertitta Becomes One of Largest Wynn Shareholders
The legendary Tilman Fertitta has been looking to get even more active on the Strip, and his latest moves all seem to come up wins for him. His latest involvement in Wynn might spell good news for both sides. Second-largest Shareholder A Securities and Exchanges Commission (SEC) filing from Monday indicated that the billionaire Tilman […]

Business
October 31, 2022
SJM Reports Drop in Net Gaming Revenue for Q3
Owner, operator, and developer of integrated entertainment reports and casinos in Macau SJM Holdings Ltd has published the financial results for the third quarter of 2022 along with a series of selected unaudited key performance indicators for the nine months that ended 30 September. The parent company of concession holder SJM Resorts has reported a […]

Business
October 31, 2022
Native Ads to Promote Kings Entertainment
Canadian iGaming leader Kings Entertainment Group has joined forces with Native Ads for a new marketing campaign. Per the agreement, the New York-based agency will help the operator engage its customers with customized digital advertisements. Kings Entertainment Hires Native Ads for an Ad Campaign Native Ads will leverage its capabilities to create a new digital […]

Business
October 31, 2022
BlueBet Injects $500K in F2P Provider Low6
It’s been a busy year for the debt-free, Australian wagering operator BlueBet. Before announcing the launch of its first US-based sportsbook in Iowa at the end of August, the ASX-listed mobile sports betting company sealed a deal with Caesars to mark its entry in Indiana. The company that recorded a fourth-quarter turnover of close to […]

Business
October 31, 2022
RAS Reports Spectacular Q1 Revenues
Racing and Sports (RAS), a tech, data, digital and media company that serves the horse racing industry, has posted record-breaking Q1 financial results in its native market. The company’s revenue increased by 62% thanks to a successful business strategy. RAS’ Revenues Skyrocketed In Q1 of the new fiscal year, Racing and Sports reported revenue of $1.82 million (converted […]

Business
October 28, 2022
Real Luck Rejects Arviv’s Merger Proposals
After announcing it became the official sponsor for Thunder Awaken as Team Battles in TI11 last week, Real Luck Group has now explained why it rejected a couple of merger proposals from Kaos Capital’s founder and chief executive officer Adam Arviv. The group called Arviv’s proposals “contradictory and opportunistic,” questioning whether he had been acting […]

Business
October 28, 2022
Red Rock Resorts Publishes Q3 Results
Red Rock Resorts, the NASDAQ-listed holding company that manages Station Casinos LLC and owns an indirect equity interest in it, has published its Q3 results. The company has reported an “effectively flat” revenue on a year-on-year basis compared to Q3 2021. It also signaled a 19% rise in new income and a 1.4$ drop in […]

Business
October 28, 2022
Jud Hannigan Wraps up Seven-Year Journey with Allied Esports
Jud Hannigan has resigned as the chief executive officer at Allied Esports. The news came via a LinkedIn announcement shared on Hannigan’s profile in which he detailed his motivation behind the decision on Thursday. He originally stepped into the position back in February 2017 and presided over the group’s growth and expansion efforts in various […]

Business
October 28, 2022
GLPI Posts Strong Q3 Results, Boosts Guidance
Gaming and Leisure Properties (GLPI), a real estate investment trust focused on real property assets for gaming operators, has published its Q3 2022 results. The company recorded slightly higher revenues and a significant profitability increase. A Profitable Quarter for GLPI In Q3 2022, GLPI’s revenues increased to $333.8 million, which represents an 11% year-on-year increase. […]

Business
October 28, 2022
Azure Gaming America Deploys Games with Play Synergy as It Expands
Azure Gaming America, a prominent developer of premium quality products for the gaming industry across the globe, has struck a new partnership with Play Synergy. Play Synergy is a casino game manufacturer and distributor and will now leverage Azure’s Class II and Historical Horse Racing titles across North America. Play Synergy and Azure Gaming Join […]
