Gambling News - 'Business'
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 […]
Business
March 25, 2024
Catena Media Proposes New Board Appointments Ahead of AGM
The Nomination Committee of affiliate giant Catena Media proposed the reelection of several directors and the appointment of new ones. Under the committee’s plan, the company’s new board of directors will have six members instead of seven. As reported by Catena Media, the Nomination Committee proposed the re-election of Øystein Engebretsen, Theodore Bergquist, Adam Krejcik […]
Business
March 25, 2024
Entain Publishes 2023 UK Gender Pay Gap Report
Entain has published its latest Gender Pay Gap Report, highlighting the differences between the salaries of male and female customers. While the hourly gap remained rather low, the bonus pay gap remained significant. As per the Equality Act 2010, Entain published its gender gap results for 2023, highlighting a median hourly gender pay gap of […]
Business
March 22, 2024
IGT Refreshes Leadership with New Appointments
International Game Technology, a global leader in the provision of gaming content, has unveiled new additions to its board and executive team. First of all, Marco Drago decided to step down from his role as a non-executive director. He will remain with the company until the official end of his term and will depart after […]