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Business
January 23, 2025
Super Group’s Shares Soar After Optimistic Preliminary 2024 Report
Online gaming and sports betting company Super Group has published its outstanding preliminary, unaudited financials for Q4 and FY 2024. In its report, the company outlined record-breaking revenue and EBITDA figures. Q4 Was a Strong Period for the Business Super Group, which operates the famous gaming brands Betway and Spin, was thrilled to announce that […]
Business
January 22, 2025
NOVOMATIC Sets Out to Acquire Vikings Casinos
NOVOMATIC announced that it has penned an agreement to acquire Vikings Casinos SAS, a French casino group. The deal is in line with NOVOMATIC‘s ambitious growth strategy and would expand its presence in Europe. NOVOMATIC Targets International Growth As announced by NOVOMATIC, the acquisition is still subject to certain regulatory conditions and approvals. If permitted, […]
Business
January 22, 2025
Star Entertainment’s Debt-Raising Capacity “Limited” as Q2 Report Shows Lower Profits
The Star Entertainment Group, an Australian casino & hospitality company, has published its financial report for the second quarter of the fiscal year. As the operator’s struggles continue, it reported “limited” opportunities to raise funding in the absence of liquidity solutions. Profits Went Down, EBITDA Loss Narrowed In the three months ended December 31, Star […]
Business
January 21, 2025
MGM China Unveils Salary Increase for 99% of Its Workforce
MGM China Holdings Limited, a leading casino and hospitality giant in Macau, has unveiled a new salary increase that will affect most of its workers. The company thanked its workers for their hard work and incredible commitment, which have driven continued business growth. MGM China Recognized Its Workers’ Contributions According to MGM China’s official announcement, […]
Lottery
January 21, 2025
IGT Signs 10-Year Deal to Supply Solutions to Luxembourg’s Lottery
IGT, a leader in the provision of gaming content and tech to operators, has unveiled a new contract with the national lottery of Luxembourg, Loterie Nationale. Per the agreement, the supplier will power the lottery’s operation with cutting-edge technology and games. IGT Powers the Luxembourg Lottery with Its Technology According to the announcement, the new […]
Industry
January 21, 2025
UK Auditing Regulator to Investigate KPMG’s Audit of Entain
The Financial Reporting Council (FRC) of the United Kingdom, an independent regulator responsible for auditors, accountants and actuaries, has launched an investigation into KPMG’s audit of Entain’s financials. The probe comes amid KPMG’s shaky reputation in the wake of recent scandals. FRC to Investigate the 2022 Audit As confirmed by the FRC, the body has commenced […]
Business
January 20, 2025
EveryMatrix’s Growth Continues as Company Posts Record 2024 Results
EveryMatrix, an industry-leading provider of iGaming tech and content has published its financials for 2024, highlighting an unprecedented success for its business. The company’s leadership applauded the results and said that it hoped the momentum would continue. A Strong Year for the Provider In the fourth quarter of 2024, EveryMarix set a new quarterly record […]
Business
January 20, 2025
GiG’s Sweepstakes Platform Hits the Market with Primero
Gaming Innovation Group (GiG) announced that it has launched its new sweepstakes casino platform online, revolutionizing the sector. This latest product underscores the company’s commitment to fostering innovation in new and emerging markets. GiG’s SweepX Goes Live According to GiG’s announcement, SweepX is now live with new partner Primero under the goldrushcity.com brand. The former […]
Industry
January 20, 2025
Vibra Group Bolsters Technological Innovation via TSA Acquisition
Leading LatAm gaming market content and platform developer Vibra Group announced the acquisition of TSA, a Brazil-based technology company and longtime development partner. This bold decision marks Vibra Group’s first large-scale M&A, aligning with the company’s ambitions of broadening its reach in promising jurisdictions like Brazil, which recently launched its regulated betting market. Vibra Hopes to […]
Legal
January 17, 2025
Spreadex Appeals CMA’s Order to Divest Sporting Index
Spread betting firm Spreadex has submitted a formal appeal to the Competition and Markets Authority (CMA)’s ruling to divest Sporting Index. The company challenges the regulator’s conclusions that the merger would create a monopoly and limit consumer freedoms in the UK’s sports spread betting market. Star Racing, which has expressed interest in acquiring Sporting Index, […]
