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Business News and Headlines
Business
August 3, 2023
RSI Posts Q2 2023 Results, Beats Wall Street Consensus
Rush Street Interactive, a market leader in online casino and sports betting, has defied Wall Street expectations by posting stronger financial results in the second quarter than expected. The company achieved a revenue of $165.1 million, which was a 15% gain in Q2 2022, and managed to pare down its loss to $16.7 million, from […]

Business
August 3, 2023
MGM Resorts Hits All-Time Record Consolidated Net Revenue in Q2 2023
The company reported “outstanding second-quarter performance” which was further boosted by a new long-term agreement with Marriott, allowing the company to expand its customer booking channel and add to future profitability, said company CEO and president Bill Hornbuckle. MGM Reports Its Best Net Revenue Performance Hornbuckle said that the company was excited about the rest […]

Business
August 2, 2023
US Integrity and 12 Tribes Colville Casinos Renew Partnership
The leading technology-driven sports wagering monitoring company, US Integrity, announced it renewed its partnership with 12 Tribes Colville Casinos, the operator of three casinos in Washington state. The announcement about the partnership renewal came Tuesday and will see 12 Tribes Colville Casinos continue to benefit from the company’s comprehensive integrity solutions. Under the terms of […]

Business
August 2, 2023
NeoGames Names Robert Wesley VP of NA Customer Development
The leading provider of end-to-end iGaming and iLottery solutions, NeoGames S.A., announced it strengthened its C-suite with the appointment of Robert Wesley as vice president of North American customer development. Announcement about the senior-level hire came Wednesday but according to the company, the appointment was in effect as of August 1, 2023. Recently, NeoGames expanded […]

Business
August 2, 2023
CT Interactive Expands in Italy with BetFlag
Several days after launching with Favbet in Croatia, CT Interactive further expanded its European footprint thanks to a new agreement with BetFlag. Under the deal, the leading supplier will prove content to the Italian brand, solidifying its presence in the country. BetFlag ranks among the top 10 most popular casino operators in the country. After […]

Business
August 2, 2023
IGT Confirms Plans to Showcase Products at Upcoming AGE
The global gaming company powering operators within the lottery, betting and online gambling sector, International Game Technology (IGT), confirmed earlier this week that it will showcase its latest games, services, systems and cabinets at the upcoming 2023 Australasian Gaming Expo (AGE). As one of the most-anticipated events for the gambling industry in the region, the […]

Business
August 2, 2023
Caesars Digital Improves in Q2 2023 Report Reveals
Specifically, Caesars Entertainment’s online gaming arm, Caesars Digital, posted a strong quarter in the second quarter ended on June 30. The division includes the Caesars Sportsbook brand which has been fast-growing across the United States at a time of rapid mass market legalization. Caesars Digital Shows Robust Performance in Q2 Caesars Digital managed to notch […]

Business
August 1, 2023
ComeOn Group Names Nicholas Jones as Head of Trading
A few weeks after naming Owen Parry head of customer engagement, ComeOn Group designated Nicholas Jones as its new head of trading. The new appointee is an industry veteran whose experience in trading will be instrumental in scaling ComeOn Group up. Jones will join the leading iGaming operator, bringing 30 years of trading experience to […]

Business
August 1, 2023
IGT Enjoys Strong Q2 Results Despite Lottery Revenue Dip
International Game Technology, the leading gaming company powering lotteries, betting and gaming operators around the world, released its second quarter 2023 results, highlighting strong performance and growth. On Tuesday, the company released its unaudited result for the three months ended June 30, 2023, revealing that its total revenue for the period hit $1.06 billion. This […]

Business
August 1, 2023
Greek Gambling Regulator Awards Soft2Bet a B2B A1 License
The fast-growing provider for the online gambling industry, Soft2Bet, confirmed it continues its European expansion by securing a new license. On Tuesday, the company revealed that it has been granted a business-to-business (B2B) A1 license in Greece. The latest license complements Soft2Bet’s Greek expansion and comes after recently, the company secured two seven-year licenses from […]
