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Business
February 28, 2024
GEG Posts Favorable Q4 Results, Underpinned by Macau’s Recovery
Gaming and hospitality giant Galaxy Entertainment Group (GEG) has published its Q4 results, illustrating an optimistic outlook for the company’s business. According to chair Dr Lui Che Woo, the company is well positioned for further growth. In Q4, GEG reported net revenue of HKD 10.3 billion ($1.3 billion), showing a spectacular 254% increase year-on-year. Adjusted […]
Business
February 28, 2024
Inspired Publishes Amended Q3 Report to Regain Compliance
Inspired Entertainment, a leading supplier of gambling content, technology, hardware and services, has published its financial report for the three months ended September 30, 2023. This belated publication highlights the company’s amended filings, in line with Inspired’s plan to regain its compliance. Lorne Weil, Inspired’s executive chair, presented the results, highlighting the company’s performance during […]
Business
February 28, 2024
Fanatics Enters Indiana, Migrates Former PointsBet Customers
Fanatics Betting and Gaming has launched its Fanatics Sportsbook in Indiana, in line with its ongoing US expansion. Sports fans in The Hoosier State can now download the official Fanatics app and see what the fuss is all about. Fanatics’ sports betting app is available both on Android and iOS devices, allowing local players and […]
Business
February 28, 2024
Light & Wonder Posts Q4 Financials, Reports Robust Momentum
Light & Wonder has reported its results for the fourth quarter and fiscal year ended December 31, 2023, announcing strong momentum. The company’s metrics continued to grow, underpinned by strong performance across all of its business. Q4 was notably the 11th consecutive quarter of consolidated growth for Light & Wonder and the 6th consecutive quarter […]
Business
February 27, 2024
GiG Promotes Matejic to Fresh COO Position
Leading affiliate in the iGaming world that drives over 100,000 depositing players on a yearly basis, Gaming Innovation Group (GiG) Media, has announced it has taken its plan to split its two businesses into two companies listed independently publicly a step further. Namely, GiG Media has completed its goal to create a new chief operating […]
Business
February 27, 2024
ClearStake Bags Seven-Figure Funding Round
London-based financial services firm with a focus on open banking systems, ClearStake, has secured a seven-figure sum from its latest funding round. This means the 2020-founded company that lets players share data in whatever way works for them can start working toward more growth in the future, with special emphasis on scaling its global business […]
Business
February 27, 2024
Mintzy Plays Poker Instead of Attending Barstool Event, to Portnoy’s Dismay
Ben “Mintzy” Mintz, a famous Barstool Sports representative, has found himself in hot water with his boss, Dave Portnoy. The reason the Barstool boss was unhappy with Mintzy was the latter man’s decision to attend a poker tournament instead of the Barstool Combine in Chicago. Mintz may have intended to travel to the event once […]
Business
February 27, 2024
FanDuel Reportedly Hires Former NIGC Chairman Simermeyer
Last month, the leading betting and gaming operator, FanDuel, hired Frank Sizemore, the former VP of operations for San Manuel. At the time, he was appointed to the role of VP for strategic partnerships, in a move that signals the company’s plans to collaborate with Indian Country. This wasn’t the only recent appointment for an […]
Business
February 27, 2024
Catena Media CEO Steps Down; Interim CEO Appointed
Casino affiliate Catena Media announced that it will be parting ways with its chief executive officer, Michael Daly. According to the company, Daly’s decision followed extensive consideration and consultations with the board. Catena added that the resignation takes immediate effect. As Daly departs, the position will be temporarily filled by Pierre Cadena, the company’s vice […]
Business
February 27, 2024
Playtika Unveils Q4 2023 and Fiscal Year Financials, Showcases Mixed Results
Playtika Holding Corp., a leading Israel-based mobile gaming company, has released its financial results for the fourth quarter and fiscal year ending 31 December 2023. Ongoing instability in Israel and Ukraine impacted the operator’s financials, prompting management to consolidate its position and temporarily halt its expansion plans. However, Playtika’s leadership is confident the company can […]
