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Business
March 18, 2024
MGM Boss Optimistic about BetMGM, Eyes Tech Firm Acquisition
In addition to expressing his confidence in opportunities in the UAE and Thailand, MGM Resorts president Bill Hornbuckle also teased that his company is considering an acquisition of a sports betting tech company. Hornbuckle commented on MGM’s plans and ambitions at the recent JP Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. While the […]
Business
March 15, 2024
News International Could Acquire Racing Post
News International, the publisher of The Sun and The Times, is currently busy negotiating the potential acquisition of Racing Post, UK’s “horse racing bible” that belongs to the Spotlight Sports Group (SSG). The latter is a betting media, content, and data provider under the ownership of Exponent, a private equity fund. The turnover would perfectly […]
Business
March 15, 2024
Golden Matrix Enjoys Strong First Fiscal Quarter Results
The leading global online gambling operator, developer, licensor and supplier of gaming content, systems and platforms, Golden Matrix Group, released its latest financial report, outlining details regarding its performance for the first fiscal quarter ended January 31, 2024. The latest report highlights another successful quarter for the company considering its reported increase in revenue and […]
Business
March 14, 2024
Century Casinos Reports Strong Q4 and 2023 Results
Century Casinos, the leading gaming and hospitality operator, released details regarding its fourth quarter and full year 2023 financial results, pointing to a strong increase in adjusted EBITDAR and operating revenues. The latest financial update emerged Thursday with the company highlighting key metrics of its performance for the year and three months ended December 31, […]
Business
March 14, 2024
Entain Puts Ladbrokes and BetCity on the Chopping Block in Mulled Sale
Entain, one of the biggest gambling companies in the United Kingdom, is reportedly considering selling some of its brands. People familiar with the matter told the Financial Times that the UK-based gambling powerhouse has hired Wall Street boutique advisory Moelis to advise the board on what brands to divest. A potential divestment of assets could […]
Business
March 14, 2024
GAN Limited’s 2023 Financial Report Shows a Year of Mixed Performance
GAN Limited, a NASDAQ-listed gaming solutions provider, announced its financial results for the quarter and full year ending December 31, 2023. Despite a decline in revenue, the company witnessed a reduction in net loss, reflecting a mixed performance for the year. Revenue Dips 17% with B2B and B2C Segments Showing Declines For the fourth quarter […]
Business
March 13, 2024
Kindred Highlights Achievements in 2023 Annual and Sustainability Report
One of the world’s leading online gambling operators, Kindred Group, released its 2023 Annual and Sustainability report, highlighting a number of accomplished achievements and upcoming goals. Details regarding the report emerged Wednesday with the company confirming that it has enjoyed exceptional results through the fiscal 2023 year. Following strategic objectives Kindred demonstrated not only financial […]
Business
March 13, 2024
Checkd Group Announces New Digital PR Team
Sports betting media and technology service provider that creates sports betting content and technology solutions for global sportsbooks, Checkd Group, has announced it would boost its media division. The group will create a dedicated digital PR team aimed at improving the organic search performance of its main platforms in North America and the UK. Checkd, […]
Business
March 12, 2024
IGT Achieves FY 2023 Goals Ahead of Milestone Merger
International Game Technology (IGT), a global leader in the gaming industry, reported robust fiscal year 2023 financial results, achieving all of its financial targets ahead of the planned merger of its Global Gaming and PlayDigital businesses with Everi Holdings Inc. IGT’s management remain optimistic, projecting new investment opportunities and stable growth. The Company Accomplished Record […]
Business
March 12, 2024
Rush Street Interactive Eyes Expansion Following Robust FY 2023
Rush Street Interactive (RSI), a prominent player in the online casino and sports betting sphere across the Americas, has reported impressive financial results for the fourth quarter and full year ending 31 December 2023, sparking discussions about potential expansion opportunities. The company’s recent earnings call highlighted its robust strategic position, forming a stable foundation for […]