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Gambling News - 'Business'
Business
January 11, 2024
Richard Flint to Leave Flutter’s Board in May
Flutter Entertainment is set to part ways with one of its directors. According to the announcement, Richard Flint, ex-chief executive of Sky Betting & Gaming, will not seek re-election and will instead depart from the board. Flint will finish his current term, which is set to run until May 1. On that date, Flutter will […]
Business
January 11, 2024
GLPI Is Optimistic about M&A Opportunities in 2024, Analyst Says
Gaming and Leisure Properties Inc. (GLPI) is projecting a better environment for M&A activity in 2024. An analyst discussed the matter following a conference call with GLPI’s leadership. As reported by CDC Gaming Reports, Barry Jonas, an analyst at Truist Securities, told investors that GLPI has a balance sheet flexibility that will provide it with […]
Industry
January 10, 2024
Detroit Casinos Post 2023 Results, Highlight a Slight Decrease in Revenue
The Michigan Gaming Control Board (MGCB) has published information about the financial performance of Detroit’s three casinos in 2023. According to the regulator, the properties reported а total monthly aggregate revenue of $116.2 million for December and а total yearly aggregate revenue of $1.237 billion for 2023. In December, $111.4 million of the total revenue […]
Business
January 9, 2024
Mohegan Appears on Newsweek’s America’s Greatest Workplaces for Diversity List
Mohegan announced that it has appeared on Newsweek’s America’s Greatest Workplaces for Diversity list for 2024. This distinction cements Mohegan as a leader when it comes to fostering a culture of diversity and inclusion, the company said. According to the casino and hospitality giant, this accolade attests to its ongoing commitment to creating a healthy […]
Business
January 9, 2024
GiG Powers Betway’s Launch in Portugal
Gaming Innovation Group (GiG) has unveiled the launch of the online sports betting operator Betway in Portugal. Powered by GiG’s award-winning iGaming platform and sportsbook, Betway is the supplier’s second B2B partner in the country. Portugal, both companies believe, offers significant growth opportunities to operators. The country’s revenues continued to increase in 2022, hitting a […]
Business
January 9, 2024
Light & Wonder Adds Michael Marchetti to Board of Directors
Light & Wonder has enhanced its board of directors with another major appointment. As announced by the company earlier today, the experienced Michael Marchetti, a former SciPlay Corporation director has been added to the board. According to the announcement, Marchetti will step into the office on January 15, 2024. In his new position, the appointee […]
Casino
January 9, 2024
Hard Rock Atlantic City Transitions to Unity Loyal Program
Hard Rock Atlantic City is set to introduce its Unity loyal program today, allowing regular customers to benefit from a variety of promotions. The new program will replace the existing Wild Card program. Unity is a loyalty scheme that is available across Hard Rock’s properties in North America. The unified scheme allows customers to enjoy […]
Business
January 8, 2024
Bet365’s Revenues Increased in FY 2022/23 but So Did Losses
Global operator bet365 has published its annual report, highlighting a significant year-on-year increase in revenue. However, this favorable metric was offset by a substantial increase in operating loss. Bet365’s report covers the 52 weeks ended March 26, 2023, and highlights a total gaming and betting revenue of £3.39 billion ($4.32 billion, current rates). This represents […]
Business
January 8, 2024
PressEnter Group Appoints Hampus Eriksson as Deputy CEO
PressEnter Group, the name behind a number of influential iGaming brands, has reinforced its leadership team with another leadership promotion. Following the appointment of Philip Bell as chief commercial officer in November, the company has named Hampus Eriksson as deputy chief executive officer. Eriksson, who currently serves as chief product officer at the group, will […]
Industry
January 8, 2024
GLI Secures Accreditation for Testing Labs in India and Canada
Gaming Laboratories International, a company committed to delivering the highest quality gaming testing and assessment services in the world, announced that it has secured accreditation for its testing laboratories in India and Canada. According to the company’s announcement, the American Association for Laboratory Accreditation (A2LA) provided accreditation to the ISO/IEC 17025:2017 standard (general requirements for […]
