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Industry
April 3, 2024
Massachusetts’ Lottery and Online Betting Recorded Suboptimal Revenues in February
Massachusetts’ State Lottery has suggested that the online sports betting sector is hurting its revenue but the latter vertical’s figures show that this might not be the full picture. The Lottery Seeks to Go Online The Massachusetts State Lottery is seeking to launch online lottery options in order to remain competitive amid the growing popularity […]
Business
April 2, 2024
Soft2Bet Celebrates New Office with Ribbon Cutting Ceremony
Soft2Bet, a leading operator and provider of iGaming and online sports betting solutions, has inaugurated a new office in Malta. According to the company, this opening will allow it to scale its team, in line with its corporate ambitions. According to the operator and platform provider, its new office is located in The Quad Central […]
Business
April 2, 2024
Genius Sports Parts Ways with Apax Partners’ Gabriele Cipparrone
Genius Sports, a data and tech partner that powers the global ecosystem connecting sports, betting and media, announced the departure of Apax Partners partner Gabriele Cipparrone from its board of directors. The director’s exit comes in the wake of a reduction in holdings in Genius Sports by Apax Funds through a secondary sale on April […]
Casino
April 1, 2024
IPI Auctions Off Rolls-Royce Cars and Crystal Dragons
Saipan’s troubled casino operator, Imperial Pacific International (IPI) LLC, is again making headlines as its assets go under the hammer in a new auction organized by the appointed receiver. This time, the spotlight falls on IPI’s prestigious collection of Rolls Royce cars and its famed Crystal Dragons. The online auction, facilitated by Clear Management Ltd, […]
Industry
March 29, 2024
Nevada Gaming Achieves Impressive Heights in February
February saw a flurry of activity in Southern Nevada, propelled by the excitement of Super Bowl 58, the celebration of Chinese New Year, and a significant leap year. While some records remained intact, the gaming industry reached new heights, marking another exceptional month for Nevada’s tourism sector. Ongoing investments in infrastructure should ensure the state […]
Casino
March 29, 2024
Full House Resorts’ Waukegan Casino Still Blocked by Lawsuit
Last year, Full House Resorts inched closer to turning its American Place casino in Waukegan into reality. Now, the company awaits the Illinois Supreme Court’s final decision. Previously, the company secured a positive recommendation from the Waukegan Planning and Zoning Commission to the City Council. This doesn’t mean there wasn’t trouble, however, as previously a […]
Business
March 27, 2024
Playtech Publishes Strong FY 2023 Results, Posts Optimistic Outlook
Playtech, a leading provider of gaming platform, content and services, has published its FY 2023 results, reporting an increase in revenue and adjusted EBITDA. The supplier reported strong performance across both its B2B and B2C segments and a resilient balance sheet. The company reported revenue of EUR 1.7 billion ($1.84 billion), representing an increase of […]
Business
March 26, 2024
Bragg Gaming Releases Strong 2023 Results, Updates Guidance
Bragg Gaming Group, a global provider of iGaming tech, has published its Q4 and FY 2023 results, reporting very favorable figures. The company subsequently updated its growth targets for 2024. In Q4 2023, revenue decreased by 1.4% to $25.2 million, reflecting the revised commercial terms with a key strategic partner. Betting handle, on the other […]
Business
March 26, 2024
888 Confirms FY 2023 Results, Expresses Optimism about 2024
Gambling group 888 has posted its FY 2023 results, highlighting its performance in the year ended December 31. The figures confirm some of the figures first announced in January. In 2023, 888 recorded revenue of £1.71 billion ($2.16 billion) – a figure that was affected by the company’s dotcom exits, safer gambling-related changes in the […]
Business
March 26, 2024
888 Unveils Potential Rebrand Following FY 2023 Results
London-listed gambling operator 888 has unveiled a comprehensive value creation plan (VCP) following its full-year 2023 results, which saw a significant 38% increase in reported revenue. The company has outlined priority targets for the upcoming year, revealing potential changes such as a rebranding to evoke plc, subject to shareholder approval at the 2024 AGM. Ongoing […]
