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 […]
Business
May 24, 2023
Rivalry Posts Q1 Results, Reports Record-Breaking Handle
Rivalry has published its quarterly report for Q1 2023, reporting an all-time-high betting handle. Other metrics also increased, attesting to the favorable position of the company. Rivalry posted a betting handle of a whopping CAD 120.2 million (USD 88.48). Not only is this a record-breaking number but also one that represents a stellar $199% year-on-year […]
Casino
May 24, 2023
JIVDC Adds a Luxurious Hotel to Jamul Casino
The Jamul Indian Village Development Corporation (JIVDC) is expanding its Jamul Casino with a new hotel. The hospitality facility is already under construction and should welcome its first guests very soon, the tribal company said. The boutique hotel will be 16 stories tall and will sport 200 rooms, including 52 luxurious suites. In addition to […]
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 […]
