Business
May 10, 2023
Wynn Resorts Surpasses $1.4B in Revenues in Q1 2023
The company announced an all-time record for adjusted property earnings during this period and shared positive outlooks for its resorts in both the United States and Macau. Wynn Resorts Experiences Financial Revival in Q1 2023, Resumes Dividend Program Operating revenues for the first quarter of 2023 reached $1.42 billion, representing a significant increase of $470.3 […]
Business
May 10, 2023
Light & Wonder Presents Q1 2023 Results, Talks ASX Listing
As a result, Light & Wonder will now give more serious consideration to whether it should proceed with a secondary equity listing on the Australian Securities Exchange (ASX) after the company secured the backing of its Board. Light & Wonder Mulls Australian Stock Exchange Listing The recent developments come more than two months after the […]
Business
May 9, 2023
Continent 8 Technologies Enters Kentucky ahead of Sports Betting Launch
Continent 8 Technologies, a provider of managed hosting, connectivity, cloud and security solutions, has launched in Kentucky ahead of the launch of sports betting in the state. This is in line with the company’s first-to-market strategy. Kentucky continues to move closer to the legalization of online sports betting. The bill that would make wagering legal […]
Business
May 9, 2023
New York Mobile Sportsbooks Enjoy Betting Handle Growth in April
The gambling regulator in New York, the New York State Gaming Commission, has announced its latest report, outlining the performance of mobile sports betting operators in April this year. Judging by the latest figures, sportsbooks enjoyed a busy month with mobile betting handle hitting $1.54 billion, marking an increase when compared to the corresponding period […]
Business
May 9, 2023
3 Oaks Gaming Welcomes Yuriy Muratov as CBDO
3 Oaks Gaming has announced a new appointment, welcoming Yuriy Muratov as its new chief business development officer. The iGaming content distributor has tasked its new hire with bolstering the company’s business and overseeing the development of its future strategy Muratov, 3 Oaks Gaming said, is an experienced industry veteran who has worked in a […]
Business
May 9, 2023
Caesars to Launch an iGaming App in 2023
American gambling giant Caesars Entertainment has plans to expand its digital presence. The company is considering launching a standalone icasino app later this year and bolstering its iGaming footprint. Caesars, which continues to rapidly expand across the retail and digital sector in more regulated states, believes that the new app will be a great opportunity […]
Business
May 9, 2023
Playtika Outlines Financial Results for Q1 2023
According to the company’s financial highlights, Playtika was able to generate revenue of $656.2 million, up 4% from the fourth quarter of 2022, but still down 3.1% year-over-year when compared with Q1 2022. Playtika Posts Quarterly and Annual Gains and Losses The company said that its quarter-over-quarter DTC platforms revenue hit $151.5 million, which was […]
Business
May 9, 2023
Gaming Dynamics and Quick Custom Intelligence Expand in Australia
The expansion is part of a deepening partnership between Gaming Dynamics and Quick Custom Intelligence (QCI). The companies have been operating together for three years in Australia and they are looking to further strengthen their offer at a time when there is surging demand for advanced gaming analytics solutions not just in Oceania, but in […]
Business
May 9, 2023
Deloitte, WSJ Award Seminole Hard Rock Best Managed Company
Deloitte and The Wall Street Journal have been issuing the honor to companies that have revenues of at least $250 million every year. Hundreds of private companies from around the globe are competing and are subject to a rigorous testing process that evaluates each of them across four key components, part of their management skill […]
Business
May 8, 2023
Churchill Downs Reports Record-Breaking Kentucky Derby Revenues
A few days ago, the 149th Kentucky Derby ended, crowning Mage as the winner. The horse covered the mile and a quarter in 2:01.57, to the surprise of bettors who believed that either Angel of Empire or Forte will be the winner. Mage’s upset of the Kentucky Derby favorites was a major development that ended […]
