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Gambling News - 'Business'
Business
March 15, 2024
MGM Resorts Not Ready to Give Up on the UAE, Eyes Opportunities in Thailand Too
MGM Resorts International’s chief executive officer, Bill Hornbuckle, commented on the company’s plans for the future at the JP Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, highlighting opportunities in certain regions. While MGM recently gave up on its Dubai casino plans recently, the company is still proceeding with its hotel offering. According to […]
Business
March 14, 2024
OPAP Posts Record-Breaking FY 2023 Results
OPAP, the leading gaming company in Greece, has published its financial results for 2023, reporting record-breaking revenue levels. According to the company, the strong figure was underpinned by the solid growth of both digital and land-based operations. Gross gaming revenue (GGR) for the period hit EUR 2.08 billion ($2.27 billion), an increase of 7.7% year-on-year. […]
Business
March 14, 2024
Genius Sports Empowers Operators with New Free-to-Play Games
Genius Sports Limited, a leading sports data and technology provider, will launch a new suite of interactive free-to-play games to address the customer acquisition and loyalty challenges facing betting operators. Industry practice has shown that such F2P titles can be an effective onboarding tool while bolstering existing user engagement. This development bolsters Genius’ impressive momentum […]
Business
March 14, 2024
Entain Puts Ladbrokes and BetCity on the Chopping Block in Mulled Sale
Entain, one of the biggest gambling companies in the United Kingdom, is reportedly considering selling some of its brands. People familiar with the matter told the Financial Times that the UK-based gambling powerhouse has hired Wall Street boutique advisory Moelis to advise the board on what brands to divest. A potential divestment of assets could […]
Sports
March 13, 2024
Genius Sports Enters Deal Extension Negotiations with Football DataCo
Genius Sports, a leading data, technology and broadcast partner to the global ecosystem connecting sports, betting and media, announced that it has entered an exclusive period of negotiation with Football DataCo (DataCo), the data rights holder of English and Scottish soccer. The negotiations will see the two parties discuss their official betting data partnership and […]
Casino
March 13, 2024
Coushatta Tribe Unveils Groundbreaking Ceremony for Louisiana Resort Expansion
The Coushatta Tribe of Louisiana announced a groundbreaking ceremony for the expansion of its Coushatta Casino Resort, a casino complex near Kinder. The ceremony is set to take place on March at 10 am and will celebrate the construction of a new eight-story hotel. According to the announcement, the new hotel will sport some 204 […]
Industry
March 13, 2024
Light & Wonder Releases Highly Anticipated Squid Game Slot
Light & Wonder announced the launch of an immersive Squid Game-themed slot game. Unlike the Squid Game cabinet the company previously showcased, the new game, SQUID GAME: ONE LUCKY DAY, will be a fully digital slot. The game will hit the market today and will, for two weeks, be exclusively available to Bally’s Interactive customers […]
Business
March 12, 2024
IGT Achieves FY 2023 Goals Ahead of Milestone Merger
International Game Technology (IGT), a global leader in the gaming industry, reported robust fiscal year 2023 financial results, achieving all of its financial targets ahead of the planned merger of its Global Gaming and PlayDigital businesses with Everi Holdings Inc. IGT’s management remain optimistic, projecting new investment opportunities and stable growth. The Company Accomplished Record […]
Business
March 12, 2024
Rush Street Interactive Eyes Expansion Following Robust FY 2023
Rush Street Interactive (RSI), a prominent player in the online casino and sports betting sphere across the Americas, has reported impressive financial results for the fourth quarter and full year ending 31 December 2023, sparking discussions about potential expansion opportunities. The company’s recent earnings call highlighted its robust strategic position, forming a stable foundation for […]
Business
March 12, 2024
Entain Reportedly Eyes Potential Sale of PartyPoker
In an effort to counter activist investors and keep its focus on core operations, the owner of Ladbrokes, Entain, is reportedly exploring options for selling PartyPoker. Last year, industry analysts suggested Entain may consider selling its stake in MGM, media reports confirmed at the time. Another option Entain may explore, as suggested by expert analysts, […]