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Business
November 15, 2024
Greentube Expands NJ Foothold with Hard Rock Digital Launch
Novomatic’s Digital Gaming and Entertainment division Greentube has inked a fresh partnership deal with Hard Rock International’s joint venture with gaming industry veterans, launched in December 2020, Hard Rock Digital. Through the agreement with the platform “where Hard Rock entertainment and online gaming come together,” Greentube plans to bring its award-winning content portfolio to the […]
Business
November 15, 2024
Tilman Fertitta Bolsters His Influence Within Wynn Resorts
Billionaire entrepreneur Tilman Fertitta, known for his ventures in hospitality and gaming, has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the US Securities and Exchange Commission (SEC). The filing currently designates Fertitta’s position as “passive,” but industry insiders have reportedly hinted that the Houston billionaire may soon push […]
Business
November 15, 2024
Bragg Gaming Posts Q3 Report, Shares Plummet as Execs Rule Out Sale
Bragg Gaming Group has published its Q3 report, highlighting a stable and growing business with record-breaking revenue growth. The company, however, saw its share price decline after it denied a potential sale of its business. The Company’s Business Remained Strong In Q3, Bragg’s revenue increased by 16% year-on-year to EUR 26.2 million ($27.7 million). Gross […]
Business
November 14, 2024
Better Collective Faces Strategic Recalibration amid Rising Market Pressures
Better Collective, a prominent betting and affiliate company, is navigating strategic challenges that have prompted a realignment of its operational model and financial targets. The business reported a Q3 increase in revenue by 7.7% to EUR 81.2 million ($85.69 million), with recurring revenue settling at EUR 52.8 million ($55.73 million). Organic sales, however, came in […]
Business
November 14, 2024
Gambling.com Reports Solid Q3 Growth, Raises Full-Year Expectations
The provider of digital marketing services powering the global online gambling industry, Gambling.com, released its latest financial update. A New Quarterly Revenue Record On Thursday, the company uncovered details regarding its performance for the third quarter ended September 30, 2024, pointing to strong adjusted EBITDA growth in combination with an increase in revenue. Besides details […]
Business
November 13, 2024
Gentoo Media Enjoys Record Q3 2024 Revenue After Restructure
Following the recently completed structural business changes, the market-leading affiliate that helps connect iGaming and betting operators to players across the globe, Gentoo Media, released its latest financial update, pointing to exceptional revenue growth. Strong Financial Results Despite Business Split On Wednesday, the company, released its Q3 2024 financial results, highlighting a 35% year-over-year revenue […]
Business
November 13, 2024
Flutter Publishes Q3 Results, Prepares for Share Buyback
Gambling and betting giant Flutter Entertainment has published its Q3 report, highlighting significant increases across multiple metrics. As a result, the company updated its guidance, introducing a small raise, and announced the launch of the first tranche of its new share buyback program. Flutter Continued to Excel In the three months ended September 30, Flutter […]
Business
November 13, 2024
L&W’s Q3 Remains Strong Despite Court Loss Against Aristocrat
Leading cross-platform game developer Light & Wonder has reported its Q3 financials, highlighting a strong balance sheet despite its court loss against Aristocrat. As the company’s surge continued, it recorded its 14th consecutive quarter of year-on-year growth. The Business Remained Strong According to its Q3 report, Light & Wonder recorded Q3 revenue of $817 million, […]
Business
November 13, 2024
Sports Betting in North Carolina Picks up Speed in October
October proved the be a busy month for licensed sports betting operators in North Carolina. Likely their performance was positively impacted by college basketball, considering the increase in revenue during last month. Licensed Betting Operators Post Solid Results On Tuesday, the state’s gambling regulator, the North Carolina State Lottery Commission, released details regarding the performance […]
Business
November 12, 2024
IGT Posts Strong Q3 Report Despite Slight Declines Across the Board
IGT, a global leader in gaming technology and content, has published its financials for the third quarter of the year, highlighting the strength of its business. The company also published its current forecasts for the FY results. Revenue Slowed Down But the Results Remained Strong Among other things, the company reported Q3 revenue of $587 […]
