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 […]
Business
March 9, 2023
Future Anthem Names Jessica Wu Head of Marketing
Fast-growing AI and gaming data science powerhouse, Future Anthem, announced it expanded its team of experts. The company confirmed Wednesday that it has selected Jessica Wu for the role of head of marketing. The senior-level appointment comes at a time when Future Anthem plans further growth and complements its ambitious goals for expansion. Joining the […]
Business
March 9, 2023
After Interim Period, FSB Keeps Adam Smith as CEO
The global iGaming and sports betting business-to-business (B2B) supplier, FSB, announced that his interim chief executive officer (CEO), Adam Smith, has assumed a full-time role with the company. It was back in December 2022 when Smith was selected as interim CEO. Now, after a successful three-month interim period, FSB confirmed that Smith will assume the […]
Business
March 9, 2023
Entain Posts FY22 Results, Commits to Diversification and Sustainability
Global gambling giant Entain posted its financial results for the year ended December 31, 2022. The company highlighted its successes, noting that 2022 was a very strong year for the company. Entain reported that gaming revenue for the period increased by 12% year-on-year to around $5.17 billion (converted to USD). Online net gaming revenue experienced […]
Business
March 9, 2023
Greentube Expands Presence in Germany via SYNOT Games Deal
NOVOMATIC Gaming and Entertainment’s division has announced its intention to diversify its product offering on the German market using SYNOT Games’ freshest titles. According to the terms of the new partnership, SYNOT’s most successful games will become available for players accessing the StarGames.de platform. The latter is Greentube’s online site designed for German players. Initial […]
Business
March 9, 2023
Debra Nutton Joins Everi’s Board of Directors
The leading global supplier of technology solutions for the gambling industry, Everi Holdings, confirmed a senior-level appointment Wednesday. The company revealed it appointed Debra Nutton to its Board of Directors. Although the announcement was made this week, Everi explained that the appointment will be effective as of April 1, 2023. Joining the company’s Board, Nutton […]
Business
March 9, 2023
Caesars Could Make a Play for Flutter’s FanDuel in Wake of White Paper Review
According to the analysis cited by Casino.org, the White Paper Review will bring on a number of changes that are likely to suppress trading price for gambling companies which would, in turn, lead to further market consolidation – or at least would create the conditions in which such moves would be beneficial to the parties […]
