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Business
March 14, 2023
Super Group Publishes Preliminary Q4 and FY22 Results
Super Group, the group behind the Betway and Spin gambling brands, has published its preliminary Q4 and full-year 2022 financial results. The company saw its revenue exceed the guidance range, causing Super Group to be optimistic about the future despite certain declines. Super Group’s unaudited Q4 financial highlights show Q4 revenue of around $353 million […]
Business
March 14, 2023
Tiidal Confirms Plans to Sell Sportsflare to Entain
Esports and gaming platform company Tiidal Gaming Group and its subsidiary, Tiidal Gaming Holdings, confirmed they have entered into an agreement to sell all shares of their operating subsidiary, Tiidal Gaming NZ, the parent company of Sportsflare, a leading provider of wagering products with a focus on the esports vertical, to Entain. The new acquisition […]
Business
March 14, 2023
EveryMatrix Selects Tor Skeie for CEO of OddsMatrix
The software provider for the growing online gambling sector, EveryMatrix, announced a senior-level appointment Tuesday. The company confirmed it hired the services of Tor Skeie as the CEO of OddsMatrix, the company’s sportsbook division. In his new role with the company, Skeie will oversee the company’s sports business and spearhead its growth. Overall, he brings […]
Business
March 14, 2023
Hard Rock Digital and Playtech Sign Strategic Partnership
The fast-growing content, services and platform provider for the iGaming industry, Playtech, announced a strategic collaboration with Hard Rock International and Seminole Gaming’s interactive gaming and sports betting joint venture, Hard Rock Digital (HRD). Details of the new strategic deal emerged Tuesday and will see HRD license iGaming content, as well as technology solutions from […]
Business
March 14, 2023
Warner Gaming and Elm Tree Partners Form Strategic Partnership
Elm Tree Partners, a Dallas-based financial advisory and development firm, has recently announced a strategic partnership with Warner Gaming, a company that offers a team of experienced casino executives with capabilities covering different aspects of the gaming industry. Warner Gaming and Elm Tree Partners Unite to Bring Cutting-Edge Technology to Gaming Industry The partnership between […]
Business
March 10, 2023
SkyCity Selects Shaun Philp Chief People and Culture Officer
The New Zealand gaming and entertainment company, SkyCity Entertainment Group, announced a senior-level appointment. On Friday, the company confirmed it has selected human resources expert and proven leader, Shaun Philp, for the role of chief people and culture officer. Although the appointment came this week, Philp will assume the new role starting on September 4, […]
Business
March 10, 2023
Danske Spil Group Reports Satisfactory Performance for 2022
Despite what has been described as an uncertain backdrop molded by the decreased consumer confidence that reached an all-time low in 2022, Russia’s attack on Ukraine, the growing inflation, and the European energy crisis, the national lottery in Denmark has reported a satisfactory full-year performance. Overall Gross Gaming Revenue up 3% in 2022 The group […]
Business
March 10, 2023
Flutter Entertainment’s Results Boosted by Online Gaming Segment
Flutter Entertainment, a leading sports betting and gaming company, has released its annual financial report for the year 2022, and it’s full of impressive numbers. Online Gaming Segment Boosts Flutter Entertainment’s Revenue by 49% In the report, Flutter Entertainment announced a significant increase in revenue and profits compared to the previous year. The company’s revenue […]
Business
March 10, 2023
PlayAGS Posts Record-Breaking Q4 2022 Results
PlayAGS, a designer and developer of gaming solutions, has published its results for the fourth quarter of 2022, demonstrating strong growth across its verticals. The company’s revenues and EBITDA improved significantly as interest in its products grew. As reported by the company, its total revenue increased to a record $81.7 million, representing a favorable 16% […]
Business
March 10, 2023
S&P Global Ratings Upgrades Caesars as Digital Losses Ease
The upgrade is based on the expectation of improved leverage in 2023 as Caesars significantly moderates digital losses. S&P Global Ratings forecasts a 4%-6% increase in Caesars’ casino EBITDA for 2023 Caesars’ digital segment has been a drag on EBITDA over the past 18 months, but Caesars has reduced this in recent quarters as it […]
