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Gambling News - 'Casino'
Legal
August 12, 2022
Chile Casino Executives’ Homes Raided Amidst Suspected Collusion
Chile’s gaming industry scenery is not looking as bright as it could be and industry moves aren’t hitting their stride as some might have expected, so a closer look at the future doesn’t inspire too much confidence – not for the industry, and not for investors. Multiple Possible Reasons for Raids Diario Financiero (DF) reported […]
Casino
August 12, 2022
Super Group’s Revenue Decreases 10% To €320.8M, Q2, 2022
The parent company of Betway and Spin, Super Group, released its financial results for the second quarter of 2022. Super Group’s Revenue in Second Quarter Dips The results cover the three months ended June 30, 2022, and reveal a decrease in the company’s revenue. In Q2 last year, Super Group’s revenue was €355.2 million ($367 […]
Industry
August 12, 2022
Table Trac Continues to Grow Despite High Cost of Sales
Table Trac, a provider of casino management systems, shared its financial results for the second quarter of the year. The company reported a substantial increase in revenues and shared that it will be expanding into Las Vegas. Table Track’s Revenues Skyrocketed Table Trac shared that its revenues have skyrocketed by an impressive 70%. As a […]
Business
August 12, 2022
888 Holdings Releases H1 Report, Revenue Reaches $403.5 Million
888 Holdings Plc, a globally renowned online gambling and betting company, has posted its financial results for the first half of 2022, ending on June 30. According to the report, the company’s revenue reached £332.1 million ($403.5 million), which is a 13% YoY decrease as its 2021 H1 revenue was £380.9 million ($462.8 million). The […]
Casino
August 12, 2022
Mohegan Posts $417M Revenue for Third Fiscal Quarter, up 27%
Mohegan, the leading integrated resort developer, released its unaudited financial results for the third fiscal quarter ended June 30, 2022. Mohegan Unveils Third Fiscal Quarter Results On Thursday, the Mohegan Tribal Gaming Authority posted the results for Q3, showing an increase of nearly 30% in net revenues. Overall, Mohegan’s net revenues for the three months […]
Casino
August 12, 2022
Wazdan Signs Partnership with Casinò Lugano’s iGaming Brand
Provider of innovative iGaming titles and content Wazdan has strengthened its relationship with the Swiss market and teamed up with the Swiss-facing operator Casinò Lugano. The company has now launched its products on the land-based operator’s digital brand, Swiss4Win, bringing its full portfolio of acclaimed games to the website. Swiss4Win Welcomes Wazdan’s Highly Intuitive Titles […]
Casino
August 12, 2022
Casino Association of NJ Appoints New President
The Casino Association of New Jersey (CANJ) made a press release revealing that Mark Giannantonio will take over as the organization’s new president. Giannantonio has over 35 years of industry experience, and his appointment is effective immediately. The Organization Represents Atlantic City Casinos and Resorts CANJ’s primary purpose is to represent the interests of the […]
Industry
August 12, 2022
US Gaming Saw Record-Breaking Quarterly Revenues
The US gambling market continues to see impressively high revenues. After a few months of record-breaking monthly revenues, many operators announced their results for the second quarter of the year. The American Gaming Association (AGA) ran the calculations and found out this is the most profitable quarter for commercial gambling so far. US Gaming Continues […]
Casino
August 12, 2022
Pharmacy Owners Conned Millions of Dollars by “Friendly” Bookkeeper
A family-owned pharmacy was facing some tough times back in 2011 and a family “friend” offered a helping hand. A hand, that went on to steal millions of dollars from them for almost seven years. Four Years, Eight Months Jail Time Although reports differ on the exact amount, with some stating north of AU$3 million […]
Casino
August 12, 2022
South Korean Police Busts Major Illegal Online Gambling Scheme
The South Korean police busted an intricate scheme of illegal online gambling websites that have been operating for years catering to the gambling cravings of foreigners in a country where online gambling is banned. 11 People Were Arrested Initially, the South Chungcheong Province police captured 17 people but only 11 were arrested. Allegedly these individuals […]