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Gambling News - 'Finance'
Industry
March 13, 2025
Gambling Industry Leaders Address Rising Challenges and Emerging Opportunities
At the NEXT Summit New York 2025, gambling industry executives, legal experts, and visionaries gathered to discuss the new challenges and opportunities shaping the future of gaming and wagering. Regulatory scrutiny, responsible gambling initiatives, and economic volatility were among the most popular topics as panelists emphasized the importance of strategic flexibility in an evolving industry. […]
Industry
March 12, 2025
Visa, Mastercard Strengthen Monitoring After Gambling Probe
The names of two global payment giants popped up after an investigation into a number of gambling websites which offered their services across Europe without a license. News regarding the probe, which was conducted by Investigate Europe, emerged from The Guardian over the weekend. The probe sought to analyze the activities of gambling websites which […]
Business
March 11, 2025
Banijay Group Eyes 2025 Growth Despite French Tax Challenges
Banijay Group aims for continued growth in 2025 despite facing new regulatory challenges in France. In the firm’s 2024 earnings call, CEO François Riahi said he was confident in Banijay’s potential to leverage its success, highlighting robust performance in all core segments like content production, live events, and online sports betting and gaming. Banijay Enjoys […]
Industry
March 11, 2025
Macau: Analysts Expect Stable March, Stronger GGR in H2
Analysts are optimistic about Macau’s gross gaming revenue, estimating a strong beginning to the month of March. These figures aligned with earlier predictions, underscoring the region’s robust post-COVID recovery despite a slower-than-expected start to 2025. Macau GGR to Pick up Speed in H2 According to analysts from JP Morgan, an American multinational financial services firm, […]
Business
March 11, 2025
Alberta Bans US Slot and VLT Purchases Amid Trade Tensions
Last week, the government of Alberta, Canada, took a major step in response to the escalating trade tensions with the U.S. by banning the purchase of slot machines and video lottery terminals (VLTs) from American suppliers. This move, which could potentially cost major Las Vegas-based gaming manufacturers millions, was announced by the Alberta Gaming Liquor […]
Business
March 10, 2025
Bally’s Steps in with AU$250M Offer to Help Star Entertainment
Shortly after announcing an agreement to sell half of the shares of its recently opened Brisbane casino at Queens’ Wharf, Australia’s troubled casino and entertainment operator, Star Entertainment, announced it has received a cash injection proposal from Bally’s Corporation. Bally’s Corporation Proposes an Alternative Path That May Benefit The Star Late last month, the former […]
Business
March 7, 2025
Full House’s FY 2024 Report Shows the Company Is Bullish on Colorado
Full House Resorts, an American casino developer, has published its Q4 and FY 2024 results, highlighting a favorable financial position. The company’s leadership said it was pleased with the performance of both its permanent and temporary casinos. The Company Reported Favorable Metrics In the fourth quarter of the year, the company’s consolidated revenues increased 21.5% […]
Business
March 6, 2025
Entain Posts Robust 2024 Financials, Expects Continued Growth
Global gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billion), supported by an 8% increase in EBITDA to £1.09 billion ($1.41 billion). Entain remains optimistic regarding its prospects […]
Business
March 6, 2025
FDJ Rebrands as FDJ UNITED, Posts Impressive 2024 Financials
La Française des Jeux (FDJ), the operator of France and Ireland’s national lotteries, has published its latest financial report, highlighting strong 2024 results. In addition to that, the company unveiled a new identity, rebranding itself to FDJ UNITED. FDJ Ends 2024 on a Strong Note According to FDJ UNITED, its acquisition of Kindred was a […]
Business
March 6, 2025
Bally’s Posts Mixed Q4, Cancels Earnings Call as Shares Plummet
Bally’s Corporation suddenly canceled its earnings call shortly after its stock’s value plummeted. The company’s Q4 report wasn’t very reassuring either, as EBITDA remained unimpressive across all segments, suggesting a troubled period for the American operator. The Earnings Call Was Canceled On March 5, Bally’s Corporation’s shares took a sudden dip, experiencing a 23.6% decline […]