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Gambling News - 'Finance'
Business
November 15, 2022
Galaxy Gaming Reports 12% Revenue Increase to $5.9M in Q3
The leading casino table games and electronic betting systems distributor, Galaxy Gaming, released its financial results for the third quarter of 2022. Galaxy Gaming Posted Its Third Quarter Results Judging by the recent figures, the company’s revenue hit $5.9 million for the three months ended September 30 this year. When compared to the corresponding period […]
Industry
November 15, 2022
Nevada Employers Brace for $12 Minimum Wage
In Nevada, some hourly workers will receive larger wages as a ballot measure to increase the minimum wage in the state of Nevada to $12 an hour is about to pass. The Majority of Voters Supported the Raise of the Minimum Wage On Friday, 54.5 percent of voters supported the change in the constitution to […]
Casino
November 11, 2022
MGM Resorts Lends $750M to Macau Subsidiary
MGM Resorts agreed to provide its Chinese subsidiary with a loan of $750 million. The money will help MGM China push through the difficult times caused by the trouble in Macau’s gaming market. MGM Lent $750M to Its Chinese Arm MGM China has been struggling to deal with the ongoing situation in the special administrative […]
Business
November 11, 2022
Tennessee Sportsbooks Set Record $405M Handle in October
Legal sportsbooks in Tennessee reported strong results last month, hitting $405.3 million in sports betting handle, a new record for the state. Tennessee Sportsbooks Collect Record Wagers in October Details released by the gambling regulator in the state, the Tennessee Sports Wagering Advisory Council (SWAC), reveal that the total sports betting wagers in October hit […]
Casino
November 11, 2022
Galaxy Entertainment Group: Q3 Impacted by Casino Closures
Galaxy Entertainment Group (GEG) filed to the Hong Kong Exchange an announcement on certain unaudited key performance indicators for the quarter that ended on September 30, 2022. Revenue Slumped, Outperformed Industry GEG’s announcement revealed that the company and its subsidiaries registered in the third quarter of 2022 group net revenue of HK$2 billion ($255 million), […]
Business
November 10, 2022
Genius Sports Posts Q3 Results, Shows Progress
Genius Sports, an official data, tech and broadcast partner that powers the global sports betting industry, has published its financial results for the third quarter ended September 30. As it turns out, Q3 was a very favorable period for the company. Genius Sports Posted Its Q3 Results Genius Sports reported group revenue of $78 million […]
Lottery
November 10, 2022
Zeal Network Posts Strong Results Boosted by Jackpots
Zeal Network, a leading operator in Germany offering online lottery products, released a new trading update Thursday. In its latest report, the company revealed that it has seen strong growth in business volume for the third quarter, which also boosted its results for the first nine months of the year. Zeal Enjoys 14% Growth in […]
Business
November 10, 2022
Bragg’s Q3 Results Highlight Impressive Growth
Bragg Gaming Group, an international business-to-business supplier of gaming technology and content, has reported its quarterly results for the third quarter of 2022. The three months ended September 30 were a great time for the company, attributing to record quarterly revenue. Bragg Saw Revenues Skyrocket Bragg Gaming reported revenue of $20.9 million, a 62.3% increase […]
Casino
November 10, 2022
EveryMatrix’s Q3 Results Beat All Company Expectations
EveryMatrix’s third-quarter results are in, and the company has posted solid performance across the board. Gross profit across all of the company’s business verticals, including platform, sports, and casino, grew and in fact outperformed original forecasts. Growth Registered Across All Verticals The company also reported strong sales during the quarter and noted that it achieved […]
Business
November 10, 2022
NeoGames Posts Impressive Q3 Results
NeoGames, a tech-driven provider of online gaming and lottery solutions, has posted its financial results for the third quarter ended September 30. The company saw metrics rise across the board and attributed the results to the performance of its iLottery platform. These are notably the first full quarter results following the completion of NeoGames’ merger […]