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Business News and Headlines
Business
January 27, 2023
Playtech Optimistic about FY22 Results Driven by B2B Upsurge
The company is relying on growth in the business-to-business segment, with Snaitech posting what the company has described as “record performance,” which has contributed a significant chunk towards the company’s revenue and net profit performance markers. Playtech Outlines a Thriving Business in 2022 Playtech offered a trading update in which it broke down its most […]

Business
January 27, 2023
SkyCity Appoints Former Tabcorp Boss as Non-Exec Director
The company is bringing in David Attenborough, who is a former Tabcorp managing director and chief executive officer, and has vast experience in the gaming and hospitality industries. New Zealand’s SkyCity Brings Non-Exec Director His appointment is effective from March 1, 2023, according to a filing by SkyCity, although the actual date is still a […]

Business
January 27, 2023
POGOs Feel Public Pressure in the Philippines
The county’s residents have voted in a new Pulse Asia survey, which took place between November 27 and December 1. In the survey, the majority of respondents, or some 58%, argued that POGOs are seen as harmful to society and perhaps even the economy. Vice Spreads Like Wildfire in Society Because of POGOs People were […]

Business
January 26, 2023
BetMGM Outperformed in 2022, Preliminary Results Show
The figures, published by Entain which co-owns the brand, are more or less in line with earlier estimates. BetMGM Results Exceed Expectations BetMGM’s revenue for the period was expected to sit at $1.3 billion. The actual number, however, sits more closely to $1.44 million, exceeding earlier expectations. The operator also posted same-state growth in net […]

Business
January 26, 2023
Rank Group Publishes Interim H1 Results, Warns of High Costs Pressure
In December 2022, UK’s leading gambling company released a trading update that presented a performance overview of the five months that ended on November 30. The update also spoke about the company’s recovery which had been slowed down in the context of the shrinking UK market. Now, the company has published its interim results for […]

Business
January 26, 2023
WorldWatch and Bull Gaming Team Up, Confident in Italian Success Story
This is just the beginning of a collaboration between the two companies which will see 10 games introduced with Bull Gaming’s operations in the country, thus giving WorldWatch a further boost in Italy. Italy Beckons New Opportunities to Suppliers and Operators Bull Gaming CEO Francesco Gatti has welcomed the opportunity and said that it was […]

Business
January 26, 2023
Las Vegas Sands Posts Strong Q4 2022 Results
In its latest report, the company revealed data regarding its financial performance for the four months ended December 31, 2022. Judging by the recent report, LVS reported revenue of $1.12 billion in Q4, 2022. This result, when compared to the corresponding period in 2021, marked a strong increase of nearly 11%. Additionally, the company revealed […]

Business
January 26, 2023
Scientific Games Solidifies LATAM Presence with New Development Contract
Scientific Games continues its drive to solidify its position as an international leader in lottery systems production and management. The developer expanded its partnership with Lotería Nacional de Beneficencia de El Salvador, the National Lottery of El Salvador, agreeing to develop exclusive new titles and bolster the organization’s instant game catalog. The Lottery Doubles Down […]

Business
January 26, 2023
Greentube Acquires Software Specialist Ineor
Greentube has acquired Ineor, an established international software developer which will help the company to further strengthen its presence in the iGaming market and develop hard-hitting solutions that help advance the entire industry. Greentube Grows Portfolio with Ineor The company acquired 80% of the shares in the Slovenia-based company, and will now leverage its critical […]

Business
January 25, 2023
Livespins Secures iGaming Content from Gamzix
Livespins, a company providing socially-charged casino experiences, has enhanced its content roster with new titles. The new additions will be added to Livespins thanks to an agreement with Gamzix, a provider of progressive slot games. Another Awesome Deal in the Bag Livespins offers streamed casino games where viewers can become a part of the action. […]
