Business
May 16, 2025
Gambling.com Group Surpasses Q1 2025 Estimates with Record Earnings
Gambling.com Group Limited’s newest report for Q1 2025 earnings shows the company has surpassed the initial estimates and is highly optimistic about the rest of the year. Gambling.com Records Great Q1 Finances The fast-growing provider of marketing and sports data services has recorded earnings of $0.46 per share, which is twice what was initially projected. […]
Casino
May 16, 2025
CWC Signs Heads of Agreement to Redevelop The Bahamas’ Grand Lucayan Resort
Concord Wilshire Capital (CWC) has taken major steps to redevelop the Grand Lucayan Resort, a major casino hotel in The Bahamas. This move was hailed by the government which seeks to bolster the local tourism sector. CWC to Invest $827M in the Complex On Thursday, CWC signed a heads of agreement with The Bahamas’ government, […]
Business
May 16, 2025
Bragg Gaming’s Momentum Continues as Company Reports Strong Q1
Bragg Gaming Group, a leading supplier of content to the iGaming industry, has published its financial report for the first three months of 2025, highlighting “diversified revenue growth, significant margin expansion, and strong cash generation.” The company also updated its outlook for the year, saying that it anticipates double-digit growth in revenue and adjusted EBITDA. […]
Business
May 12, 2025
PointsBet Considers Betr’s Takeover Proposal, Eyes Due Diligence
Australian sports betting giant PointsBet has published a new update regarding Betr Entertainment’s recent acquisition proposal. Betr Seeks to Acquire PointsBet Last month, Betr Entertainment revealed a revised proposal to acquire PointsBet, confirming that it is looking to complete its buyout of the latter company. This came shortly after the former company acquired a 19.9% […]
Industry
May 9, 2025
VGW CEO Laurence Escalante Is Angry with Investors’ Critiques
Laurence Escalante, the founder and chief executive officer of sweepstakes giant Virtual Gaming Worlds (VGW), has gone off on a rant against investors who are critical of his company’s way of doing business. The Australian billionaire urged those who do not trust his team to simply leave. Escalante: Those Who Do Not Trust VGW Should […]
Business
May 9, 2025
MGM Re-Signs Contract with CEO Hornbuckle Until 2028
CEO and president Bill Hornbuckle has renewed his contract with MGM Resorts, meaning he will stay at the helm of the company for the next three years. MGM Resorts Announces Re-Signing of CEO The deal will see Hornbuckle extend his tenure in the position until the end of 2028. The previous agreement between the company and […]
Business
May 9, 2025
DraftKings’ Revenues Soar, Underpinned by the Jackpocket Acquisition
American sports betting powerhouse DraftKings has announced its Q1 2025 financial results, highlighting an increase in revenue. The company also revised its adjusted EBITDA forecasts from the previous guidance. In the meantime, DraftKings executives remain bullish on prediction markets. The Company’s Revenues Increased, in Part Thanks to Jackpocket In its Q1 report, DraftKings outlined revenue […]
Business
May 9, 2025
Konami: Games & Systems Division Continued to Grow in FY 2024/25
Konami has published its financial report for FY 2024/25, reporting an increase in its casino content & services division revenue. The firm attributed this growth to its stable business in key markets, such as North America and Australia. Konami’s Games & Systems Division Reported an Increase in Revenue In its annual report for the fiscal […]
Business
May 8, 2025
Galaxy Entertainment Group’s Growth Remains Stable, Company Bullish on 2025
Galaxy Entertainment Group (GEG), one of Macau’s casino concessionaires, has reported its Q1 results, highlighting a stable increase in revenue and EBITDA. GEG’s Q1 Was Strong In Q1, Galaxy Entertainment’s total GGR reached HKD 10.9 billion ($1.4 billion), up 14% year-on-year. This figure represented a slight quarter-on-quarter decline due to seasonal fluctuations but still demonstrated […]
Business
May 8, 2025
PENN Entertainment Shows Resilience in Q1 Report
American casino giant PENN Entertainment has published its financials for the first quarter of the year, reporting an increase in revenue. The company’s adjusted EBITDAR was likewise stronger despite certain headwinds in January and February. The Company’s Financials Were Mostly Favorable Despite Earlier Setbacks The company’s total revenue for the period increased by 4.1% year-on-year […]
