Casino
May 19, 2023
Cohen Reluctant on Signing Parking Deal with NYCFC Because of Casino Ambitions
Steve Cohen, an American hedge fund manager and owner of the New York Mets MLB franchise, has refrained from signing a deal with New York City FC to share a certain 50-acre parking lot. The billionaire, who is planning to use the land for a future casino, has not agreed to a deal that would […]
Business
May 18, 2023
Aristocrat Capitalizes on Its Aggressive Expansion with Stellar H1 Financials
Global gaming solution provider Aristocrat Leisure has reported positive financial results for the first half (H1). The company’s focus on diversifying its portfolio through strategic acquisitions is already paying dividends, ensuring fiscal stability despite macroeconomic pressures. North American operations performed exceedingly well, justifying further investments in the region. Revenue Growth Retains Its Momentum Aristocrat’s H1 […]
Business
May 18, 2023
Gambling.com’s Q1 Revenue Hits Record with 36% Increase
The leading provider of digital marketing services for the global iGaming vertical, Gambling.com, released its latest trading update. On Thursday, the company released its unaudited first quarter results, outlining its performance for the three months ended March 31, 2023. Judging by the recent data, Gambling.com saw strong growth in revenue, hitting $26.7 million for Q1 […]
Business
May 18, 2023
BETER Names the Experienced Chuck Robinson as CRO
BETER, the industry’s leading provider of next-gen content and data, has strengthened its top brass team with the addition of the decorated industry veteran Chuck Robinson as chief revenue officer. In his new position, Robinson will be tasked with driving BETER’s growth strategy and helping the company expand its global position. The new hire is […]
Casino
May 17, 2023
Century Casinos Inks Sale Leaseback Deal for Canadian Portfolio
Century Casinos, a major NA gambling company, has penned a definitive sale-leaseback deal with VICI Properties. The deal will see the former company sell the assets of four of its properties in Alberta, Canada. The properties in question are Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in […]
Industry
May 17, 2023
NJ Casinos Brace for a Strong Summer Season despite Slight April Dip
The Associated Press published information about the performance of the New Jersey gambling industry in April. While the total revenue increased, traditional casinos experienced a slight decline. In April, operators in the Garden State reported total gambling revenue of $462.7 million. This figure represents an increase of 9.5%. However, the state also reported that the […]
Business
May 17, 2023
Wizard Games Appoints Industry Heavyweight Benedict McDonagh as MD
Wizard Games, a developer of premium iGaming experiences, has designated Benedict McDonagh as its new managing director. The new leadership appointment comes as the studio seeks to “turbo-charge” its progress toward becoming a leading name in online gambling. McDonagh is an experienced gaming industry veteran who will help the NeoGames subsidiary reach its goals. The […]
Business
May 16, 2023
Lottomatica’s Impressive Q1 Financials Bolster Its Post-IPO Ambitions
Lottomatica’s results largely mirror the broader trend in the Italian gambling industry, which has seen significant growth in recent years. Rising revenues across the board should fuel the company’s ambitions after it went public on the Borsa Milan Exchange, hopefully surpassing its projected targets. Despite the global financial instability, Lottomatica hopes to ride the expected […]
Business
May 15, 2023
Aristocrat Announces Its Milestone Acquisition of NeoGames
Aristocrat Leisure Limited’s recent announcement revealed details regarding the $1.2 billion deal and the company’s plans to implement the new technology within its existing offerings. NeoGames’ real money gaming (RMG) solutions showed significant potential to bolster Aristocrat’s market appeal across multiple jurisdictions. The global supplier’s stellar 2022 financials place it in the perfect position to […]
Business
May 15, 2023
Entain Parts Ways with Chief Governance Officer Hoskin
Entain, a gaming, betting and entertainment giant, has unveiled changes to its leadership team. As announced by the company, Robert Hoskin, its chief governance officer, will be leaving the company after almost two decades on board. Hoskin joined Entain in 2005 and now boasts over 18 years with the group. He originally served as company […]
