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Casino
July 3, 2023
Macau Posts MOP$15.52B in June GGR, YTD Reaches 54% of 2019
Gaming in Macau registered its first month with a decrease in gross gaming revenue (GGR) on a subsequent basis since all travel restrictions for the Special Administrative Region (SAR) of China have been lifted. Recovery Slowing Down but Strong The monthly Games of Fortune statistics report published by the Gaming Inspection and Coordination Bureau (DICJ) […]
Business
June 29, 2023
Norsk Tipping Bids Farewell to CEO Thor Gjermund Eriksen
Despite only serving as CEO for less than a year, Eriksen was instrumental in advancing many of the operator’s safe gambling policies and social initiatives. He will remain with the company for a few more months to assist in the search for his successor and ensure a smooth transition. The leadership change should not disrupt […]
Industry
June 28, 2023
Philippine GGR to Grow by 15% a Year, Analysts Predict
Maybank Securities experts are optimistic about the future of the Philippine gaming industry, Inside Asian Gaming reported. According to Maybank analysts, the Philippines will see GGR grow by 15% a year over the medium term. The growth, analysts Miguel Sevidal and Alexa Mae Carvajal will be delivered by the high domestic demand, which has already […]
Business
June 28, 2023
NeoGames Welcomes Motti Gil as Its New CFO
NeoGames, a supplier of end-to-end online gaming and iLottery technology, has introduced changes to its leadership team. As announced, the company will appoint Motti Gil as its new chief financial officer, replacing the outgoing Raviv Adler. Adler will explore other opportunities and is stepping down effective July 31 this year. During the time before his […]
Business
June 27, 2023
Super Group Was Added to the Russell 2000 Index
Super Group (SGHC), the gambling company behind the online gambling and sports betting operator Betway, and Spin, a multi-brand online casino, announced that it has been added to the Russell 2000 Index. This is an important milestone for the company that will improve its profile, its leadership believes. The Russell 2000 Index is a stock […]
Business
June 26, 2023
Star Entertainment Unveils Sale of Gold Coast Property
Australian casino giant Star Entertainment Group is set to sell the Sheraton Grand Mirage Resort Gold Coast property. This announcement comes amid very difficult times for the company that have seen it lose public trust. The operator was negatively impacted by probes into its business that discovered severe regulatory failures. Forced to pay two fines […]
Business
June 14, 2023
Michigan Posts the May Results of Its Detroit Casinos
The Michigan Gaming Control Board posted an update on the performance of the three Detroit casinos in May. The overall revenue experienced a slight decline. The regulator noted that the three casinos earned a total of $105.6 million in monthly aggregate revenue. The MGM casino performed the best out of the three, posting a market […]
Business
June 14, 2023
Groupe Partouche Reports Impressive Q2 Results
Groupe Partouche, a leading European operator, has published its financial results for the second quarter of the fiscal year (February 2023 – April 2023). In addition, the company highlighted its consolidated turnover for the first half of the year (November 2022 – April 2023). The group noted that during the second half of the previous […]
Business
June 13, 2023
ComplianceOne Group Bolsters Senior Management with Three Appointments
The new hires- Robert Yuile as COO and managing director for DataVault ONE, Martin Hodges as leader of the marketing division, and David Schubert as sales director- bring a wealth of experience and expertise to their respective roles. As a leading provider of compliance and risk management solutions, ComplianceOne aims to assemble a proficient management […]
Business
June 13, 2023
888 Concludes Paf Deal, Divesting Its Latvian Properties
888 Holdings maintains its consolidation strategy, aiming to streamline operations and concentrate on strategic growth. The sale of its Latvian assets should allow the company to allocate resources more effectively. On the other hand, Paf regards the takeover as a long-term investment, cementing its position in the Baltic nation. The Deal Aligns with 888’s Restructuring […]
