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Gambling News - 'Business'
Business
February 26, 2025
IGT Revenue Slightly Down in 2024 But Business Remains Strong
Gaming leader IGT has published its Q4 and FY 2024 report, outlining a slowdown in revenue and debt reduction successes. The Company’s Financials Remain Strong Despite Fluctuations In Q4, the company reported revenue of $651 million, down 4% year-on-year. Despite that, instant ticket and draw game sales remained strong. The company posted income from continuing […]
Business
February 25, 2025
Cirsa Might Go Public in April, According to Rumors
The private equity firm Blackstone might make Cirsa public with official announcements expected to come on March 13, according to some rumors. Cirsa to Allegedly Go Public in April According to recent rumors, Blackstone aims to take the Spanish gambling company Cirsa public in mid-April. This was first reported by the Spanish financial publication Expansión, […]
Business
February 24, 2025
SharpLink Secures Stake in CryptoCasino Owner Armchair Enterprises
SharpLink Gaming, a provider of online marketing to the iGaming and sports betting industries, announced that it has secured a stake in Armchair Enterprises Limited, the owner and operator of CryptoCasino.com. This investment, according to SharpLink Gaming, is in line with its ambition to expand into the lucrative cryptocurrency gaming market. SharpLink Makes a Foray […]
Casino
February 24, 2025
El Cortez Hotel and Casino Reveals Huge Expansion
El Cortez Hotel and Casino has more space and recreational facilities to offer its visitors as it unveiled a 10,000-square-foot modernized expansion. El Cortez Hotel and Casino Officials Reveal Expansion El Cortez Hotel and Casino is one of Las Vegas’ oldest and most iconic venues, being at its current place since 1941. However, this does […]
Business
February 24, 2025
Report: Bally’s Considers Helping Star Entertainment Out
Bally’s Corporation is reportedly considering an investment in Star Entertainment Group. The Australian Financial Review (AFR) reported that representatives of the former company traveled to Australia to negotiate with representatives of Star Entertainment. Bally’s Might Be Interested in the Australian Casino Giant According to the AFR, the delegation to Australia was led by Bally’s chair […]
Business
February 21, 2025
Head Digital Works to Acquire Deltatech Gaming to Grow Its Skill Gaming Presence
Head Digital Works, an Indian online skill gaming operator, has revealed its plans to acquire the Deltatech Gaming, the parent company of the online poker platform Adda52. According to the announcement, the transaction will be executed in two phases. Head Digital Seeks to Grow Its Presence in India Head Digital Works said that it has […]
Business
February 21, 2025
Boyd Gaming Unveils Increase in Dividend
This year, Boyd Gaming, an operator that owns gaming entertainment properties in 10 states, manages a tribal casino in another one, and operates iGaming B2B and B2C businesses, celebrates its 50th birthday. Investors will also have reasons to celebrate as the leading American casino & hospitality company just announced that it will be raising its […]
Industry
February 20, 2025
Aristocrat Moves to Strengthen Finances with New Buy-Back Plan
Global gaming giant Aristocrat Leisure Limited announced a new AUD 750 million ($480 million) share buy-back program aimed at debt repayment and shareholder value optimization. This move closely follows another substantial AUD 1.85 billion ($1.18 billion) buy-back initiative, demonstrating the group’s continued commitment to cost control and long-term growth strategies. A Prudent Financial Strategy Is […]
Business
February 19, 2025
Gambling.com Publishes Preliminary Q4 Report, Introduces FY 2025 Guidance
Gambling.com Group, one of the leading providers of affiliate services to the global iGaming industry, has published its preliminary results for 2024. In addition to that, the company published its FY 2025 guidance, raising its expectations for the year. The Report Outlined Favorable Metrics In its report, Gambling.com said that its revenue for the fourth […]
Business
February 19, 2025
Raketech Q4 Report Outlines Continued Challenges
Gaming specialist Raketech has published its report for the fourth quarter of 2024, highlighting a decline in revenue. In the wake of the sale of the Tipster business in the US, the company has been focused on improving conversion rates and monetization for its digital tipster platforms. The Financials Were Not Optimal In Q4 2024, […]