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Business
August 4, 2023
PlayAGS Keeps Positive Momentum with Record Q2 2023 Results
The developer and designer of equipment and services catering to the global gambling sector, PlayAGS, enjoyed strong growth after posting record-breaking Q4 2022 results in March. Now, the positive momentum gained by the company grows further as it celebrated another record-setting period, judging by its second quarter 2023 results. PlayAGS’ latest trading update was released […]
Industry
August 3, 2023
Nuvei Supplies Fintech to 888 in the United States
Canadian financial technology specialist Nuvei unveiled a new partnership agreement with 888, a global gambling juggernaut. As per the deal, the former company will enhance the operator’s payment capabilities, helping it expand its presence in the United States. According to the announcement, 888 will leverage Nuvei’s superior tech platform, acquiring reach, instant bank-to-bank payments and […]
Business
August 3, 2023
FL Entertainment Posts H1 Financial Update, Enjoys Growth
The fast-growing online sports betting platform in Europe and leading content provider, FL Entertainment, released its first half of 2023 financial results, highlighting strong growth thanks to strategic expansion and sustained business momentum. Overall, the company’s revenue for the first half of the year hit €1.92 billion ($2.1 billion). This result, when compared to the […]
Business
August 3, 2023
RSI Posts Q2 2023 Results, Beats Wall Street Consensus
Rush Street Interactive, a market leader in online casino and sports betting, has defied Wall Street expectations by posting stronger financial results in the second quarter than expected. The company achieved a revenue of $165.1 million, which was a 15% gain in Q2 2022, and managed to pare down its loss to $16.7 million, from […]
Business
August 3, 2023
MGM Resorts Hits All-Time Record Consolidated Net Revenue in Q2 2023
The company reported “outstanding second-quarter performance” which was further boosted by a new long-term agreement with Marriott, allowing the company to expand its customer booking channel and add to future profitability, said company CEO and president Bill Hornbuckle. MGM Reports Its Best Net Revenue Performance Hornbuckle said that the company was excited about the rest […]
Industry
August 2, 2023
BGC Announces Record Contribution to British Horseracing in 2022
Members of the Betting and Gaming Council (BGC) have poured £455 million ($581 million) into British horseracing in 2021, in the form of sponsorship agreements, levies, and media rights, according to fresh data from the council. BGC Members Now Paying More “Than Ever Before” According to the BGC’s chief executive officer, Michael Dugher, members of […]
Business
August 2, 2023
Caesars Digital Improves in Q2 2023 Report Reveals
Specifically, Caesars Entertainment’s online gaming arm, Caesars Digital, posted a strong quarter in the second quarter ended on June 30. The division includes the Caesars Sportsbook brand which has been fast-growing across the United States at a time of rapid mass market legalization. Caesars Digital Shows Robust Performance in Q2 Caesars Digital managed to notch […]
Business
August 1, 2023
IGT Enjoys Strong Q2 Results Despite Lottery Revenue Dip
International Game Technology, the leading gaming company powering lotteries, betting and gaming operators around the world, released its second quarter 2023 results, highlighting strong performance and growth. On Tuesday, the company released its unaudited result for the three months ended June 30, 2023, revealing that its total revenue for the period hit $1.06 billion. This […]
Business
August 1, 2023
Golden Entertainment Posts Q2 Results, Considers M&A Activity
Golden Entertainment has reported its results for the second quarter of the year, highlighting changes to its performance. The company recently finalized its latest divestments and is now planning M&A activity to support its growth. Golden Entertainment reported revenues of $286.7 million for Q2, representing a slight 1% year-on-year drop. Net income, meanwhile, sat at […]
Business
July 31, 2023
BetMakers Reports Q4 Results, Highlights and Restructuring Progress
BetMakers released a report on its performance in Q4 of the fiscal year ended June 30, 2023. The company recorded improvements across the board and unveiled an upcoming webinar for its full-year report. The betting tech and data partner reported $16.6 million (converted to USD) in cash receipts in Q4, which represents a modest 5% […]
