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Gambling News - 'Business'
Business
November 6, 2023
Konami Posts H1 FY2024 Results, Reports Increase in Gaming & Systems Segment
Entertainment powerhouse Konami Group has posted its results for the first half of the fiscal year. The company reported its results for the six-month period ended September 30, marking a sharp increase in its Amusement and Gaming & Systems segments. The company’s overall revenue increased by 3.7% year-on-year to JPT 153.9 billion (roughly $1.02 billion). […]
Business
November 3, 2023
DraftKings’ Q3 Results and Improved Guidance Highlight the Success of Its Strategy
DraftKings has published its Q3 2023 results, updating its guidance thanks to its strong performance. The American betting company posted revenue of $790 million for the period – a figure that represents a staggering 57% year-on-year increase from the $502 million recorded in 2022. In the wake of this strong figure, DraftKings raised its FY […]
Business
November 1, 2023
Kambi Publishes Q3 Report, Highlights Importance of Recent Deals
Kambi Group has published its report for the third quarter of 2023, highlighting its financial results and its recent achievements. In addition to recording higher metrics across the board, Kambi scored “landmark signings” with Svenska Spel and LiveScore Group. In Q3, Kambi recorded revenue of €42.1 million ($44.4 million), exceeding Q3 2022’s result of €36.7 […]
Business
October 31, 2023
Entain Names Amanda Brown as Independent NED
Global gaming and sports betting leader Entain has reinforced its board with the appointment of Amanda Brown as an independent non-executive director (NED). The experienced appointee has years of experience in corporate leadership roles and is a valuable addition to the team. Brown will officially join the team on November 8, also becoming a member […]
Business
October 31, 2023
IGT’s Q3 Revenue Stagnates, but the Company Remains Healthy
International Game Technology (IGT), the global gaming and lottery solutions provider, announced its third-quarter financial results, reporting revenue of $1.06 billion. This figure is consistent with the previous year and the preceding quarters, indicating steady fiscal performance. IGT leadership remains optimistic that the company can further leverage its leadership position and achieve lasting success. Negative […]
Business
October 27, 2023
Novibet Appoints Al Alevizakos as CFO
Novibet, a specialist in gambling technology and solutions, announced that it has appointed the experienced Al Alevizakos as its new chief financial officer. In his new position, the appointee will be responsible for the company’s finances, helping it maintain and bolster the profitability of its business. As highlighted by Novibet, Alevizakos boasts a proven track […]
Business
October 27, 2023
Betsson Publishes Interim Report, Posts Record-Breaking Q3 Results
Betsson Group has published its interim report for the period between July and September, highlighting new record numbers. The company’s metrics increased across the board as it channeled more active customers toward its products. As reported, Betsson’s group revenue for the period was EUR 237.6 million ($251 million), representing an increase of 19% and an […]
Business
October 26, 2023
QCI Onboards Alicia Hawkins as Gaming Business Intelligence Manager
Quick Custom Intelligence (QCI), a leading business intelligence solutions provider, has reinforced its team with the appointment of the experienced Alicia Hawkins as its new gaming business intelligence manager. Hawkins boasts 14 years in the gaming industry and will bring a wealth of experience to the team. She excels in driving business improvement through data-driven […]
Casino
October 26, 2023
Crockfords Casino Shuts Down after Almost Two Centuries in Business
Great Britain has parted ways with its oldest casino. The old property, unfortunately, had to close its doors, citing lack of custom as the reason. At almost two centuries old, the Crockfords casino boasted being the oldest one in the country. Originally founded in 1828 by William Crockford, a working-class fishmonger, the casino was, for […]
Business
October 26, 2023
Betting.online Domain Sold for $400,000 to Casino.online Group
The domain name betting.online went on sale and was purchased by the same group that previously secured casino.online. As announced, the domain registry operator Radix sold the domain for $400,000. The sale was facilitated by the secure payments specialist escrow.com and was conducted directly through the registry. The transaction is among the five highest domain […]