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Business
August 4, 2023
Play Synergy One Step Closer to Closing Aruze Gaming Acquisition
Innovative gaming solution provider Play Synergy will take ownership of Aruze Gaming’s extensive portfolio, solidifying its position as a leading player in the gaming industry. The Empire Technological Group brand aims to fully utilize Aruze’s worldwide assets and brand recognition to bolster its market share, relying on existing synergies to deliver exceptional and innovative products. […]
Business
August 4, 2023
Bally’s Reports Robust Q2 2023 Financial Results
Bally’s highly-anticipated Q2 financial report highlights the industry giant’s continued success and resilience in the face of challenges, positioning it for further expansion and success in the gaming industry. With most metrics comparable to other high-profile operators, Bally’s Corporation will retain its leadership position in today’s highly-competitive market. Strategic investments and portfolio streamlining set a […]
Business
August 1, 2023
ComeOn Group Names Nicholas Jones as Head of Trading
A few weeks after naming Owen Parry head of customer engagement, ComeOn Group designated Nicholas Jones as its new head of trading. The new appointee is an industry veteran whose experience in trading will be instrumental in scaling ComeOn Group up. Jones will join the leading iGaming operator, bringing 30 years of trading experience to […]
Business
August 1, 2023
Golden Entertainment Posts Q2 Results, Considers M&A Activity
Golden Entertainment has reported its results for the second quarter of the year, highlighting changes to its performance. The company recently finalized its latest divestments and is now planning M&A activity to support its growth. Golden Entertainment reported revenues of $286.7 million for Q2, representing a slight 1% year-on-year drop. Net income, meanwhile, sat at […]
Business
August 1, 2023
Relax Gaming Designates Industry Veteran Hannah as CPO
Relax Gaming, a leading iGaming content provider and aggregator, has strengthened its leadership team with the appointment of a new chief product officer. The one up to the task is Shelley Hannah, an industry heavyweight with years of experience in the iGaming sector. Hannah boasts over 10 years of specialization in iGaming products and 5 […]
Business
July 31, 2023
BetMakers Reports Q4 Results, Highlights and Restructuring Progress
BetMakers released a report on its performance in Q4 of the fiscal year ended June 30, 2023. The company recorded improvements across the board and unveiled an upcoming webinar for its full-year report. The betting tech and data partner reported $16.6 million (converted to USD) in cash receipts in Q4, which represents a modest 5% […]
Business
July 31, 2023
Lottomatica Posts Strong Q2 Results, Updates Guidance
Lottomatica has posted its Q2 2023 results, updating its full-year guidance on the back of continued double-digit growth. In Q2, the company reported revenue of $439 million (converted to USD). This represents a significant 20.7% year-on-year growth from the $380 million recorded in Q2 2022. However, the quarter failed to surpass Q1 2023’s record-breaking revenue […]
Business
July 31, 2023
Fox Corp. and Flutter to Shutter Their Fox Bet Online Wagering Business
As the joint project of Fox Corp. and Flutter Entertainment, Fox Bet was perfectly positioned to capitalize on the growing US online sports betting market. However, disagreements between the two companies and diverging interests meant the project never reached its full potential. The impending shutdown will undoubtedly create short-term instability, but Flutter’s dominating market position […]
Business
July 28, 2023
PointsBet Reports Impressive FY 2023 Financials
PointsBet’s sale of its US arm to Fanatics in the final quarter of the fiscal year represented one of the primary drivers behind its stellar performance, allowing the company to focus on its other lucrative markets while unlocking significant value through the sale. Despite the tense acquisition process, the Australian operator emerged stronger than ever, […]
Business
July 28, 2023
FDJ Moves In to Acquire Irish National Lottery Operator PLI
French lottery operator Française des Jeux (FDJ) has made a significant move in the international gaming market with its agreement to acquire Premier Lotteries Ireland (PLI), the operator of the Irish National Lottery. The acquisition marks a strategic expansion for FDJ into the Irish gaming landscape, solidifying its position as a key player in the […]
