International Game Technology, a multinational provider of gambling tech and slot machines, has seen a moderate increase in its revenues. The company reported that its earnings for the first quarter of 2022 rose by 4%. IGT’s Business Is in a Good Place According to IGT’s official figures, the company earned $1.1 billion for the first […]
After reaching its highest revenue of all time ($9.6 billion) in 2021 and setting the scene for an even more lucrative 2022, Caesars Entertainment has now published its first-quarter results. Did the Reno-based hotel and casino entertainment company kick off 2022 on a similar note? Let’s find out. 21% Revenue Boost for Q1 2022 For […]
LeoVegas has released its revenue report for the first quarter of 2022 and it shows that its YoY revenue has grown by 2% and it reached €98.5 million ($103.6 million). The revenue for the previous year was €96.5 million ($101.7 million). The number of depositing players, however, dropped from 462,386 to 455,843, which is a […]
BlueBet, an Australian-based sports wagering operator, released its third quarter fiscal year (FY) 2022 report, posting strong growth across all key financial performance metrics, yet ending the period with net cash outflow and the rate of new customer acquisition is slowing down. Key Performance Metrics BlueBet provided its Q3 FY22 Quarterly Activities Report for the […]
The top developer and operator of gaming venues and resorts in the Greater China region MGM China Holdings Limited (MGM China) have reported its Q122 results. According to data provided by its parent company MGM Resorts International, MGM China recorded a revenue of $268 million in the first quarter of the year that ended on […]
Australian-based sports betting and gaming operator PointsBet released today its third quarter report for the fiscal year (FY) 2022 posting a 54% increase in turnover. Markets picked up the news and PointsBet shares rose by double digits in morning trading. Quarterly Financial Results PointsBet’s turnover reached nearly AU$1.4 billion ($1 billion) in the reported quarter […]
The US-based casino resort operator Las Vegas Sands Corp posted net revenue of $943 million for the first quarter of 2022, compared to $1.2 billion in the prior-year quarter. The revenue of the casino division was $627 million of the total revenue, while the accommodation revenue amounted to $95 million. The revenue from food and […]
Gambling technology supplier Evolution AB released its first quarter interim report today posting strong growth across all key metrics supported by its Live Casino segment. Strong Financial Metrics For the first three months ended March 31, 2022, Evolution accounted for operating revenues of €326.8 million ($342.3 million), an increase of 38.6% to €235.8 million ($247.6 […]
Kambi Group, a business-to-business provider of sports betting services, has seen a steep decline in its revenues during the first quarter of 2022. Kambi Group Revenues Were Hit by DraftKings’ Migration According to the company’s official figures, the revenues for Q1 of 2022 were 15% lower than those in Q1 of 2021. The first three […]
Kindred Group, a company operating nine gambling brands, has reported that a smaller portion of its revenues come from problem bettors than in 2021. Kindred Earns Less from Problem Gamblers According to numbers shared by the company, only 3.3% of its overall revenues during the first quarter of 2022 have come from harmful gambling. Taking […]
