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Industry
April 22, 2024
Mississippi Gaming Commission Posts March Betting Report
The Mississippi Gaming Commission has published its Sports Wagering Report for March 2024, outlining the sports betting industry’s performance during the third month of the year. The figures reported by the regulator demonstrate a noticeable year-on-year decrease in revenue. Despite that, March’s results were significantly stronger than those reported in February. Central Mississippi was the […]
Business
April 22, 2024
Kindred Publishes Its Quarterly Journey Towards Zero Report
Kindred Group has published its new Journey Towards Zero report, highlighting the fluctuations in revenue from high-risk players. The initiative seeks to minimize the money the operator company makes from such players. According to Kindred, the first quarter of 2024 saw a slight increase in revenue from high-risk players to 3.2%. Additionally, the company reported […]
Business
April 19, 2024
The Star Gold Coast CEO Steps Down, Interim CEO Appointed
The Star Entertainment Group, an Australian casino and betting company, has parted ways with another C-suite member as the second NICC probe looms. As reported, Jessica Mellor, chief executive officer of Star Gold Coast, will step down after several months in the position. Mellor was appointed as the property’s chief operating officer in 2019 and […]
Business
April 19, 2024
888 Publishes Q1 Report, Targets Growth in Q2
Global gaming powerhouse 888 has published its trading update for the first quarter of the year (the three-month period ended March 31), reporting a slight increase in overall revenue. The company’s report highlighted group revenue of £431 million ($535.8 million), a figure that exceeds the £420-430 million guidance outlined in the company’s previous report. The […]
Industry
April 18, 2024
Pennsylvania Gambling Revenue Surges to Record High in March
March 2024 witnessed a historic milestone for Pennsylvania’s gambling industry as it reached an all-time monthly high in combined total revenue, according to the Pennsylvania Gaming Control Board (PGCB). The staggering revenue figure of $554,625,294 eclipsed the previous record set in December 2023, marking a significant leap forward for the state’s gaming sector. iGaming Remains […]
Business
April 18, 2024
FDJ Posts Q1 Results, Confirms Readiness to Acquire Kindred
La Française des Jeux (FDJ), France’s leading gaming operator, has published its Q1 results, reporting an increase in revenue. The group experienced significant growth across several segments and reaffirmed its acquisition of Kindred Group. Gaming revenue in France reached EUR 645 million ($688 million), up 3% year-on-year. Total revenue for Q1 2024, on the other […]
Business
April 18, 2024
Rank Group Posts Q3 Report, Highlights Strong Performance in UK & Spain
The Rank Group has published its financial report for the third quarter of the fiscal year (the quarter ended March 31, 2024). In its trading update, the company outlined increases across the board, just as expected by the board. The group’s LFL net gaming revenue (NGR) for Q3 stood at £182.3 million ($227.4 million), representing […]
Business
April 17, 2024
SkyCity Entertainment Puts Jason Walbridge at the Helm
SkyCity Entertainment announced the official appointment of Jason Walbridge as the company’s new chief executive officer. The new hire will leverage over 20 years of experience to underpin the company’s growth amid regulatory trouble. As announced by SkyCity, Walbridge boasts an impressive track record and is currently sitting on the boards of several noteworthy companies. […]
Business
April 17, 2024
Games Global Files for $100M IPO on NYSE, Targeting the US Market
Games Global, a leading online casino supplier, has unveiled plans to embark on a milestone journey by filing for an initial public offering (IPO) on the New York Stock Exchange (NYSE). The move marks a significant strategic shift as the Isle of Man-based company opts for a US listing over the London capital markets. Gambling-Related […]
Business
April 17, 2024
Entain’s Q1 Results Reveal Growing Challenges and Emerging Opportunities
In its recent trading update, global gambling giant Entain showcased resilience as it reported a year-on-year rise in revenue for the first quarter despite facing declines in the UK and Ireland markets. The company’s performance underscores its strategic successes but also highlights ongoing challenges in navigating evolving industry dynamics and regulatory pressures. Many Regions Showed […]
