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Industry
May 19, 2022
Arkansas Racing Commission Sued over Lack of Problem Gambling Resources
Four years after passing a bill and constitutional amendment that allowed casinos to arrive in Arkansas, no gambling addiction help resources have been developed. As a result, a concerned group of individuals is now taking the fight to the state, questioning the validity of Amendment 100 which made casinos possible but failed to fulfill the […]
Industry
May 19, 2022
Elys Ended Q1 2022 with 14% Less Revenue Year-Over-Year
Interactive sports betting and gaming company Elys Game Technology released its first quarter 2022 financial report to reveal a revenue slump year-over-year and marginal sequential growth. Revenue Decreased due to Italy Land-Based Closures Nasdaq-listed Elys Game Technology generated for the three months ended March 31, 2022 GAAP revenue of $12.2 million, down 14% when compared […]
Industry
May 18, 2022
Nuvei Powers Hard Rock Digital with Instant Deposits
Nuvei, a global provider of payment technologies has agreed to join forces with Hard Rock Digital. The agreement will see the provider power its new partner with critically-acclaimed payment solutions. Nuvei Provides Hard Rock with Instant Payments As per the deal, Nuvei will provide Hard Rock Digital’s mobile sportsbook apps with fast alternative payment solutions. […]
Industry
May 18, 2022
Sportradar: Strong Q1 2022 Revenue Growth Offset by Expenses
Sportradar Group, the Swiss-based sports data, technology and content company, released its first quarter 2022 financial results posting a decrease in profit despite the strong revenue growth. Revenue across Segments For the three months ended March 31, 2022, Sportradar registered €167.9 million ($176.3 million) in revenue, up 31% on €128.5 million ($134.9 million) the number […]
Industry
May 18, 2022
Catena Media Reports All-Time High Revenues in Q1
Catena Media has published its interim report for January-March 2022, reporting Q1 revenue of €45.2 million ($47.5 million). The number marks an 11% growth compared to Q1 of 2021 when the company also recorded a strong start of the year and represents an all-time high in revenue and earnings for the company. A number of […]
Industry
May 18, 2022
Michigan’s Online Casinos Set Another Record in April
After Michigan’s online gaming market set a new monthly gross revenue record of $131.67 million in March, the Gaming Control Board has announced yet a new record for April. Online casinos in the state triggered an all-time high for the state, reaching the $132.4 million mark. At the same time, the online sports betting vertical […]
Industry
May 18, 2022
Better Collective Posts Record-High Revenues for Q1
Better Collective, the leading developer of educational platforms within the iGaming industry, enjoys a steady business. It is one of several companies in the industry to score record-high revenues in Q1 2022. Better Collective Kicks 2022 off with Record-High Revenues Better Collective posted its financial results for the first three months of the year. The […]
Industry
May 18, 2022
Swedish Gambling Ads to Make Hay as Industry Skirts Daytime Ban
Sweden has narrowly avoided a ban on its gambling ads industry which could have completely changed the game for operators in the country and how they can communicate marketing messages. The original plan was to limit B2C operators from transmitting such messages during certain times of the day, but a final version of the gambling […]
Industry
May 18, 2022
Light & Wonder Seeks Growth, Envisions $1.4B EBITDA
Scientific Games, now rebranded as Light & Wonder, has ambitious plans to expand its business. The company seeks to benefit from the growing gambling market and targets a consolidated adjusted EBITDA of $1.4 billion by 2025. The Company Will Optimize Its Business Light & Wonder revealed its plans on Tuesday when it explained its growth […]
Industry
May 17, 2022
BtoBet Teams Up with Bet237 to Expand African Footprint
BtoBet, an iGaming and sports betting platform and services provider, has teamed up with Ngnatat Sarl Trading, a Cameroon-based omnichannel operator. Thanks to this agreement, BtoBet will be able to expand its footprint in the African country. BtoBet Expands Cameroon Footprint As per the deal, BtoBet will power Ngnatat Sarl Trading with its state-of-the-art sportsbook […]
