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Industry
November 10, 2022
Ban on Ads for Unlicensed Gambling to Be Approved by the Swedish Government
The Swedish government is about to approve a bill that will extend a ban on unlicensed gambling advertising in Sweden by the end of this year, which was proposed in May by the country’s previous government led by the Sweden Democrats party. The Current Swedish Government Is About to Approve a Bill Changing Gambling Regulations […]
Industry
November 10, 2022
DoubleDown Reported Lower Revenue and Higher Expenses in Q3
Social casino publisher DoubleDown Interactive reported its unaudited financial results for the third quarter of 2022, posting a loss of $24 million as revenue fell and operating expenses more than doubled due to the Benson class action settlement’s quarterly incremental charge. Revenue Impacted by Rising Inflation DoubleDown Interactive posted for the three months ended September […]
Casino
November 10, 2022
AGA: US Commercial Gaming Revenue in Q3 2022 Sets New Record
The American Gaming Association (AGA) released its Commercial Gaming Revenue Tracker to reveal that the commercial gaming industry in the US has set a new quarterly record in Q3 2022. Growth across Key Gaming States The new quarterly record of $15.17 billion in commercial gaming revenue was driven by quarterly highs reported in 16 out […]
Industry
November 10, 2022
ICE Ambassador Group Adds Jason Frost and Dr. Laila Mintas
Clarion Gaming announced that the ICE Ambassador group has been expanded with two new additions after both EUROMAT president Jason Frost and PlayEngine co-founder Dr. Laila Mintas accepted invitations. ‘Body of Industry Luminaries’ Frost and Mintas will join the consultative body of industry thought leaders that will be providing expert insight and advice to the […]
Casino
November 9, 2022
GamCare and YGAM’s Education Program Expected to Reach 2M Young People
Educational programs offered by the independent charity that supports people affected by gambling harm, GamCare, together with YGAM, the Young Gamers and Gamblers Education Trust, are already showing positive changes, a new report reveals. YGAM and GamCare Train 24,000 Professionals GamCare joined forces with YGAM to provide invaluable training for teachers and youth workers. Overall, […]
Industry
November 9, 2022
SpinAway Launches Officially in Ontario via GiG
SpinAway has entered into a partnership agreement with Gaming Innovations Group (GiG) to officially launch its offering in the Canadian province of Ontario. The online casino has gone live and will operate through GiG’s platform. The local players will have access to SpinAway’s variety of online casino games. GiG Awarded a License for Ontario in […]
Business
November 9, 2022
Gaming Innovation Group Posts €22.9M Revenue in Q3, up 35%
The iGaming company offering cloud-based product and platform services, Gaming Innovation Group (GiG), released its third quarter revenue results. Announced Wednesday, the company outlined it has seen an increase in revenue and EBITDA in Q3. Gaming Innovation Group Releases Q3 Revenue Report GiG reported an all-time high revenue of €22.9 million ($23 million) in Q3. […]
Business
November 9, 2022
Flutter Reports Strong Revenue Growth Hitting £1.89bn in Q3
The global sports betting, gaming and entertainment provider, Flutter Entertainment, released Wednesday its latest trading update outlining the company’s performance in the third quarter. In its latest report, Flutter recorded strong revenue growth for the three months ended September 30, 2022. Flutter’s Revenue in Q3 Soars to £1.89bn The company’s total unaudited revenue for the […]
Legal
November 9, 2022
State-Owned Sächsische Spielbanken Receives Online Slot Machines License
The administration office of the German state Saxony-Anhalt has given an online slot machine license to state-owned land-based casino operator Sächsische Spielbanken. Thus, the operator has become the first state-owned company to receive such a license. Sächsische Spielbanken Is the First State-Owned Gambling Operator to Receive a License for Slot Games Sächsische Spielbanken has become […]
Business
November 9, 2022
PlayAGS Q3 Report Highlights Favorable Results
PlayAGS, a provider of gaming solutions for operators, has posted its financial results for the third quarter of the current year. During that period, the company recorded a satisfactory revenue increase. PlayAGS’ Income Increased Dramatically As announced by PlayAGS, the provider’s revenue for Q3 2022 sat at $78.2 million, which represents a 16% increase from […]
