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Business
June 7, 2023
Rank Group Designates Andrew Peat as Managing Director
Rank Group, a UK-based gambling company, has expanded its team with a new managing director of its Rank Interactive division. The one up to the task is the experienced Andrew Peat who will take up the role later in 2023. Peat is no stranger to the betting industry and is currently a sportsbook director at […]
Business
June 2, 2023
BoyleSports Forays into Stevenage with a New Shop
BoyleSports, an Irish gambling company, has unveiled a new shop in the United Kingdom. The bookmaker’s new location is in Stevenage Old Town, allowing locals to play many exciting gambling games. The announcement was made by Dan Robinson, BoyleSports’ retail machine manager, who was excited about the opening. The manager used the opportunity to highlight […]
Industry
June 2, 2023
Aristocrat’s CEO Speaks about the Gaming Industry’s Resilience
Hector Fernandez, the chief executive officer of Aristocrat Gaming, spoke with CNBC about the future of the gambling industry and the resilience of gaming. He highlighted that the industry has demonstrated its strength time and time again, surviving periods of economic difficulties and financial unrest. While macroeconomic conditions do have some effect on gaming, the […]
Industry
June 2, 2023
Table Trac Hires Jeff Baldi as Expansion Shifts into Higher Gear
As part of Table Trac’s growth, the company is bringing Jeff Baldi as its SVP of commercial strategy. In his new role, he will be tasked with leading and executing the company’s sales and marketing strategies, with a particular focus on improving from 2022’s results. Seasoned Veteran to Bolster Table Trac’s Expansion Ambitions Table Trac […]
Business
June 2, 2023
Nevada Revenue Records Modest April Growth
The gambling capital of the United States reported a 2.7% year-on-year increase in gambling revenue for April 2023. This positive result reflects the resilience and recovery of Nevada’s gambling industry despite ongoing challenges. However, lacking momentum means that the state’s winning streak may be nearing its end. Slots and Sports Betting Spearheaded Growth April marked […]
Legal
May 31, 2023
Entain Publishes an Update on HMRC Investigation
Entain, a global gaming and betting giant, unveiled that it is in deferred prosecution agreement (DPA) negotiations with the Crown Prosecution Service (CPS). This company seeks to resolve the ongoing HM Revenue & Customs investigation (HMRC) hurdles related to a former Turkish subsidiary. Back in November 2019, an Entain subsidiary received a production order from […]
Industry
May 30, 2023
Sweden’s Gambling Sector Revenues Level Out as the Market Settles Down
The past few years have seen Sweden’s gambling industry undergo significant changes, motivated by the government’s commitment to enduring player protection and responsible gambling practices. Despite gambling revenue leveling out, operators in the country can still bring in substantial profits and contribute to a sustainable and socially responsible gambling landscape. The Industry Has Reached an […]
Business
May 30, 2023
GiG to Part Ways with Group CEO Richard Brown
Gaming Innovation Group (GiG), a leading iGaming platform and sportsbook provider, announced that Richard Brown will step down as group CEO on December 31 this year. In the meantime, the company will look for a GiG Platform CEO. Brown has served the company for 8 years, helping it grow its business and become a leading […]
Business
May 26, 2023
LeoVegas’ Business Declined in Q1 2023, the Management Remains Optimistic
MGM-owned operator LeoVegas has posted its Q1 results, reporting a difficult period for the company. The operators’ trading declined as the group recorded drops in several metrics. LeoVegas posted total quarterly revenue of $101 million (converted to USD), which represents a slight decline of 4% from last year’s results. The company EBITDA, meanwhile, sunk further […]
Business
May 24, 2023
Super Group Posts Stable Q1 2023 Results, Praises Growth Investment
Super Group has published its Q1 2023 results, providing insights into its performance during the first three months of the year. The gaming and betting group, which operates the famous Betway brand, saw its revenue remain stable while losses plummeted. Super Group reported revenue of $364.2 million (converted to USD, current rates). This represents a […]
