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Business
August 11, 2021
Kambi Becomes Island Luck Exclusive Sportsbook Provider
Leading supplier of sports betting solutions announced an agreement to become the exclusive online sportsbook provider of a sports betting partner in The Bahamas. Recognition for Kambi’s Technology Kambi Group entered into a multi-year partnership deal with Island Luck to help support the leading gaming operator in The Bahamas to upgrade its sportsbook by utilizing […]
Business
August 11, 2021
Great Canadian Issued Its Q2 2021 Financial Report
Great Canadian Gaming Corporation released its second-quarter earnings report posting C$70.7 million ($56.6 million) in revenues for the three months ended June 30, 2021. Decrease in Expenses Led to Higher Revenue and EBITDA Q2 2021 revenue is up 13% on the C$62.8 million ($50.2 million) in the respective quarter in 2020, mainly due to the […]
Business
August 11, 2021
CEGO Elects Allan Auning-Hansen as the Operator’s New CEO
Danish online casino site CEGO, which is behind the casino brands Spilnu and Lyckost, has found a new chief executive officer. Allan Auning-Hansen will be stepping in the CEO’s shoes and will be assuming the responsible role of guiding the company. CEGO Appoints a Market Veteran as its New CEO CEGO’s chairman, Jesper Karbrink, said that the operator welcomes Auning-Hansen and is […]
Business
August 11, 2021
Jason Robins Says DraftKings Wants to Be Like Amazon
DraftKings CEO Jason Robins wants to follow Amazon’s example and create a company that transcends its original goal and purpose. Robins Talks about DraftKings Long-Term Goals as Company DraftKings CEO Jason Robins is the latest big gambling company executive who spoke with Varney & Co on Tuesday. Hosted by FOX Business’ Stuart Varney, the podcast dug into what […]
Business
August 11, 2021
FuboTV’s Q2 Results Drive Optimism for 2021 Targets
Following a strong first quarter of the year, fuboTV has been able to deliver on yet another impeccable record in Q2, with many operating and financial targets posting a triple-digit growth. FuboTV Drives Strong Results in Q2 2021 FuboTV has revealed its second-quarter results covering the period that ended on June 30, 2021. The company observed […]
Business
August 10, 2021
MGE: Revenues Below Pre-Pandemic Levels, EBITDA Posted Growth
Master developer and operator of integrated casino resorts Mohegan Gaming & Entertainment (MGE) released today its second-quarter earnings report, posting net revenues of $328.3 million for the three months ended June 30, 2021. Revenues Declined Compared to Pre-Pandemic Levels Q2 2021 consolidated revenues posted 206.1% on the $107.2 million Q2 2020 reading, but when measured […]
Business
August 10, 2021
Scientific Games Back in the Black as Divestitures Move Forward
Following a period of recurring closures and financial disruptions, Scientific Games reported a strong second quarter with over 60% growth compared to 2020. Divestitures of Lottery and Sports Betting Businesses go as Planned Scientific Games Corporation (SGC) reported a strong second quarter with a consolidated annual revenue increase of 63% and strong sequential growth across all businesses, according to the […]
Business
August 10, 2021
Flutter Releases Interim H1 2021 Results, Hits $4.2bn in Revenue
Flutter Entertainment released its interim results for the first half of 2021. The company outlined that its group pro-forma revenue hit $4.2 billion, marking a 30% increase when compared to the same period last year. Moreover, the company performed extremely well within the US, UK and Australian markets. Flutter Reveals Interim Results for H1 2021 […]
Business
August 10, 2021
Gamesys Reports Growth in Key Markets in Asia and the UK
Gamesys has issued its H12021 revenue report, showing growth in key markets, reduced debt and increased cash flow. Gamesys with Encouraging Revenue Numbers for H12021 Gamesys Group Plc continues to succeed in its key performances, with positive results in the UK and Asia, but is facing challenges on the European mainland – Spain, Germany and […]
Business
August 10, 2021
Saipan Slot Parlors: We’re Paying for Imperial Pacific’s Incompetence
Slot parlors in Saipan aren’t happy with the government and believe that they’re taking the fall for Imperial Pacific International’s (IPI) incompetence. A new law that effectively doubles the amount they have to pay in taxes, while IPI, which is clinging onto the Imperial Palace casino, still hasn’t paid millions of dollars in outstanding taxes […]