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Business
October 27, 2023
Betsson Publishes Interim Report, Posts Record-Breaking Q3 Results
Betsson Group has published its interim report for the period between July and September, highlighting new record numbers. The company’s metrics increased across the board as it channeled more active customers toward its products. As reported, Betsson’s group revenue for the period was EUR 237.6 million ($251 million), representing an increase of 19% and an […]
Business
October 26, 2023
Evolution Posts Stellar Q3 Results, Plans Further Growth
The leading business-to-business provider of solutions, technology and content, powering the growing betting and gaming industry, Evolution, released its latest trading update. Published on Thursday, the latest report shares insights regarding the company’s performance for the third quarter and first nine months of this year. Undoubtedly, Evolution had a busy third quarter, considering that its […]
Business
October 25, 2023
Shareholders Disagree With Tabcorp’s Remuneration Plan
The remuneration of Tabcorp’s executive sparked a debate at the company’s recent annual general meeting (AGM) that took place Wednesday, ultimately resulting in a dip of 4% in its stocks. More than one third of the company’s shareholders, or some 34%, disagreed with a proposed remuneration plan for Tabcorp’s senior-level members. The latest announcement comes […]
Business
October 25, 2023
PointsBet Reports Slight Dip In Turnover Post US Assets Sale
The leading betting and iGaming company with a strong presence across Australia and North America, PointsBet, released its Q1 FY24 activities report, sharing insights regarding its performance for the latest trading period. The company released its report Wednesday, revealing that its total sports betting handle halted at AU$611.0 million ($387.5 million) for Q1 FY24. This […]
Business
October 25, 2023
Boyd Gaming Posts Increase in Total Revenue for Q3 2023
The leading land-based and online gambling operator with a strong presence in the United States, Boyd Gaming, released its latest financial results, outlining details regarding the company’s performance for the third quarter of 2023. The latest unaudited figures, encompassing the three months ended September 30, 2023, reveal that the company posted total revenue of $903.2 […]
Business
October 20, 2023
FDJ Reports 4% Revenue Growth for First Nine Months of 2023
Française des Jeux (FDJ), the leading Frech lottery operator, released its latest trading update Thursday, revealing insights regarding its performance for the third quarter and first nine months of the year. Overall, the reported revenue for the third quarter of this year halted at €586 million ($620.5 million). This result, when compared to the corresponding […]
Industry
October 19, 2023
NCPG Unveils the Recipients of Its Fall 2023 Agility Grants
The National Council on Problem Gambling (NCPG) has announced the recipients of its Fall 2023 Agility Grants. As a result, a total of $176,000 will be distributed among five non-profit organizations that deal with problem gambling. Under the NCPG Agility Grants program, the council will provide over a million dollars to problem gambling charities between […]
Casino
October 19, 2023
Mohegan Tribal Gaming Authority Secures New Funding for Mohegan Inspire Project
The Mohegan Tribal Gaming Authority (MTGA), a US tribal casino operator currently developing the integrated resort Mohegan Inspire in Incheon, South Korea, announced a Third Amendment to its credit agreement. This update signifies a change in lenders and the addition of a new revolving credit facility, marking another step in the project’s financing journey. Mohegan […]
Industry
October 19, 2023
Mississippi Gaming Commission Publishes September Sports Betting Report
Mississippi’s gambling regulator, the Mississippi Gaming Commission, published its sports wagering report for September 2023. The report highlights the performance of the state’s sportsbooks and shows which sports were the most popular among players. In terms of sports betting handle, the Magnolia State’s sportsbooks managed to surpass the $50 billion mark, exceeding the results recorded […]
Legal
October 19, 2023
Singapore Banks Face Scrutiny amidst Gambling-Fueled Money Laundering Scandal
Singapore’s financial sector finds itself under intense scrutiny as the Monetary Authority of Singapore (MAS) gears up to investigate Credit Suisse and other banks potentially implicated in a money laundering scandal with ties to the city-state’s gaming industry. The inquiry goes beyond routine inspections, signaling the gravity of a situation embroiling numerous domestic and international […]
