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Gambling News - 'Business'
Business
March 10, 2025
Stakelogic Suffers Cybersecurity Breach
Leading online casino game developer Stakelogic recently faced a cyberattack after CEO Stephan van den Oetelaar’s email account was compromised. While the company confirmed that no sensitive or confidential information was exposed, the breach continues the trend of high-profile cybercrime operations targeting the gambling sector. The attack comes at a pivotal time for Stakelogic ahead […]
Business
March 7, 2025
Lottery.com Acquires PlusEVO’s Spektrum Tech Platform for $1.5M
Lottery.com, a provider of technology to the digital lottery and sports betting industries, has unveiled a major acquisition agreement that will support its launch and global expansion. According to the announcement, Lottery.com will acquire the Spektrum Ltd division of PlusEVO in an all-stock deal. Lottery.com Acquires Spektrum in an All-Stock Deal In its official release, […]
Business
March 7, 2025
Hard Rock Casino Tampa Names Industry Veteran Lu Tsai VP of Asian Player Development
Seminole Hard Rock Hotel & Casino Tampa has reiterated its commitment to fostering a diverse community of players with the appointment of a new vice president of Asian player development. The one up to the task is the experienced Lu Tsai who boasts an impressive career in gaming. Seminole Enhances Leadership with New Appointment According […]
Business
March 7, 2025
Full House’s FY 2024 Report Shows the Company Is Bullish on Colorado
Full House Resorts, an American casino developer, has published its Q4 and FY 2024 results, highlighting a favorable financial position. The company’s leadership said it was pleased with the performance of both its permanent and temporary casinos. The Company Reported Favorable Metrics In the fourth quarter of the year, the company’s consolidated revenues increased 21.5% […]
Business
March 6, 2025
Entain Posts Robust 2024 Financials, Expects Continued Growth
Global gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billion), supported by an 8% increase in EBITDA to £1.09 billion ($1.41 billion). Entain remains optimistic regarding its prospects […]
Business
March 6, 2025
FDJ Rebrands as FDJ UNITED, Posts Impressive 2024 Financials
La Française des Jeux (FDJ), the operator of France and Ireland’s national lotteries, has published its latest financial report, highlighting strong 2024 results. In addition to that, the company unveiled a new identity, rebranding itself to FDJ UNITED. FDJ Ends 2024 on a Strong Note According to FDJ UNITED, its acquisition of Kindred was a […]
Business
March 6, 2025
Flutter Leaders Discuss the Company’s Q4 Results and 2025 Prospects
Flutter Entertainment’s recent earnings call highlighted the company’s optimism about its business and long-term potential. CEO Peter Jackson and CFO Rob Coldrake were happy with the performance and looking forward to continued success in 2025. CFO Coldrake Says Flutter Is “Quite Sanguine” about Its Margins The call, which took place on March 4, saw the […]
Business
March 6, 2025
Bally’s Posts Mixed Q4, Cancels Earnings Call as Shares Plummet
Bally’s Corporation suddenly canceled its earnings call shortly after its stock’s value plummeted. The company’s Q4 report wasn’t very reassuring either, as EBITDA remained unimpressive across all segments, suggesting a troubled period for the American operator. The Earnings Call Was Canceled On March 5, Bally’s Corporation’s shares took a sudden dip, experiencing a 23.6% decline […]
Industry
March 5, 2025
Lottomatica Reports Record-Breaking FY 2024 Financials, Poised for Further Growth
Lottomatica Group S.P.A. has published impressive financial results for fiscal year 2024, surpassing its guidance with an adjusted EBITDA of €739 million ($792 million). The Italian gaming giant continues strengthening its market leadership position with substantial growth in online gaming and sports betting. Robust early 2025 momentum indicates the company is on pace to meet […]
Business
March 5, 2025
Flutter Entertainment Reports Strong Q4 2024 Performance, Signals Bullish 2025 Outlook
Flutter Entertainment enjoyed a robust fourth-quarter 2024 performance, exceeding expectations with better-than-expected earnings and a confident outlook for 2025. The global gaming giant maintained momentum, supported by stable revenue growth in its key markets, an expanding player base, and strategic acquisitions. Overall Results Remain Consistent Flutter recorded a 14% year-on-year revenue increase, reaching $3.79 billion […]