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Industry
March 4, 2024
Sweden’s Operators Report $2.6B in Turnover for 2023
The Spelinspektionen, Sweden’s gambling regulator, has posted data about the regulated Swedish gambling market’s performance in 2023. According to the preliminary results, metrics remained mostly stable, with licensed gambling companies reporting a total turnover of SEK 27.1 billion ($2.6 billion). The turnover figure is more or less in line with the total turnover reported in […]
Business
March 4, 2024
Good Life Plus Raises $2.57M in Mark Blandford-Led Subscription Round
Good Life Plus, an innovative luxury prize draws brand, has unveiled a subscription raise of £2.03 million ($2.57 million). The raise was led by Mark Blandford, founder of Sportingbet (now Entain). The subscription included a total of 90,222,223 ordinary shares of £0.001 at a price of 2.25p each. The new shares should be admitted by […]
Industry
March 4, 2024
Ukraine’s Gambling Industry Pays $47.2M in Taxes in February
Ukraine’s Ministry of Finance has published its tax report for February, highlighting a significant increase in the gambling industry’s contributions. Despite the ongoing war with Russia, the tax revenues suggest that the gaming sector is still going strong. According to the ministry, businesses and organizations in the country paid a total of UAH 184.8 billion […]
Industry
March 4, 2024
Macau Casinos Report $2.3B in GGR as Post-COVID Recovery Continues
Macau published information about the performance of its gambling industry in February, highlighting its continued recovery. While the special administrative region is yet to publish its official tourism results, the GGR figures suggest that the tourism sector continues to grow. Macau’s gambling industry was previously impeded by the COVID-19 pandemic and China’s zero-COVID policy. For […]
Business
March 4, 2024
Hard Rock Empowers Women in March’s WE ARE Campaign
Hard Rock International is celebrating International Women’s Month with a new initiative and a partnership with an influential promoter of women’s health. The “WE ARE” campaign will see the casino and hospitality company champion women’s empowerment via a variety of activations. As a part of the campaign, Hard Rock will team up with Eva Longoria, […]
Industry
February 29, 2024
Elk Studios’ Pirots 2 Game Secures Two GamblingNews Tier 2 Awards in November
Elk Studios, a Swedish game studio developing highly entertaining video slots and tools for the online gambling industry, has won two of the GamblingNews Tier 2 Awards in November. Powered by Casinolytics, the GamblingNews Awards highlight some of the best studios and slots in the iGaming sector. In November, Elk Studios’ pirate and bird-themed Pirots […]
Business
February 29, 2024
Bloomberry Resorts Reportedly Explores Jeju Casino Sale Options
Bloomberry Resorts Corp, the leading integrated resorts operator in the Philippines, may be looking to offload its South Korean casino asset, Jeju Sun, a new report suggests. The potential divestment comes less than a decade after the company attempted to sell its resort back in 2016. At the time, the sale of Jeju Casino did […]
Business
February 28, 2024
GEG Posts Favorable Q4 Results, Underpinned by Macau’s Recovery
Gaming and hospitality giant Galaxy Entertainment Group (GEG) has published its Q4 results, illustrating an optimistic outlook for the company’s business. According to chair Dr Lui Che Woo, the company is well positioned for further growth. In Q4, GEG reported net revenue of HKD 10.3 billion ($1.3 billion), showing a spectacular 254% increase year-on-year. Adjusted […]
Business
February 28, 2024
Inspired Publishes Amended Q3 Report to Regain Compliance
Inspired Entertainment, a leading supplier of gambling content, technology, hardware and services, has published its financial report for the three months ended September 30, 2023. This belated publication highlights the company’s amended filings, in line with Inspired’s plan to regain its compliance. Lorne Weil, Inspired’s executive chair, presented the results, highlighting the company’s performance during […]
Business
February 28, 2024
Fanatics Enters Indiana, Migrates Former PointsBet Customers
Fanatics Betting and Gaming has launched its Fanatics Sportsbook in Indiana, in line with its ongoing US expansion. Sports fans in The Hoosier State can now download the official Fanatics app and see what the fuss is all about. Fanatics’ sports betting app is available both on Android and iOS devices, allowing local players and […]
