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Business
November 4, 2022
DraftKings Posts Stellar Q3 Results
Daily fantasy sports and sports betting giant DraftKings has posted its financial results for the third quarter of 2022. The company reported a stellar performance and improved its annual AEBITDA guidance accordingly. DraftKings Posted Its Q3 Results According to its Q3 results, DraftKings had revenue of $502 million, representing a 136% year-on-year increase. The company […]
Business
November 4, 2022
APE to Help Jade Entertainment Secure Macau Footprint
Asia Pioneer Entertainment (APE) and Jade Entertainment have entered a new partnership that will allow both companies to benefit and expand their product offerings in Macau. Effectively, APE will deploy its advanced services and technical support with Jade Entertainment. Jade Entertainment founder and CEO Joseph Pisano welcome the opportunity to establish this fresh partnership between […]
Business
November 3, 2022
Nuvei’s Q3 Results Exceed Expectations
Montreal-headquartered global payments technology company Nuvei has reported its revenue for the third quarter of the year. The company posted a slight quarterly year-on-year increase but was negatively affected by currency exchange rates. Nuvei’s Revenues Are Favorable Nuvei said that it earned revenue of $197.1 million for the period, which represents a 7% increase on […]
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 […]
