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Gambling News - 'Global'
Business
February 26, 2025
Light & Wonder Will No Longer Offer Live-Dealer Games
Officials talked about Light & Wonder’s 2024 Q4 earnings, explaining many things about the company’s future, including the scrapping of live-dealer games. Light & Wonder Ditches Live-Dealer Games Light & Wonder, a prominent US land-based and iGaming company, announced that it would cease operations of its live-dealer games. The news comes from CEO Matt Wilson […]
Business
February 26, 2025
Kambi Posts Stable 2024 Report But Modest Guidance Alienates Investors
Kambi Group has published its Q4 and FY 2024 results, highlighting a slight increase in revenue. Despite that, the company’s modest guidance caused its shares to take a dip. Kambi’s Results Were Mostly Stable In its report, Kambi reported revenue of EUR 44.5 million ($46.6 million) for Q4 and EUR 176.4 million ($185 million) for […]
Business
February 26, 2025
Super Group Reports Record Q4 Revenue and Strong Global Growth
After its shares spiked following optimistic preliminary, unaudited financial results for Q4 and FY 2024 in January, and following a €1.3 billion ($1.34 billion) refinancing deal inked with Blackstone earlier this month, Super Group has fresh news. The popular Spin and Betway operator has reported a record-breaking fourth-quarter revenue of €500 million ($525 million), marking […]
Business
February 26, 2025
IGT Revenue Slightly Down in 2024 But Business Remains Strong
Gaming leader IGT has published its Q4 and FY 2024 report, outlining a slowdown in revenue and debt reduction successes. The Company’s Financials Remain Strong Despite Fluctuations In Q4, the company reported revenue of $651 million, down 4% year-on-year. Despite that, instant ticket and draw game sales remained strong. The company posted income from continuing […]
Business
February 24, 2025
SharpLink Secures Stake in CryptoCasino Owner Armchair Enterprises
SharpLink Gaming, a provider of online marketing to the iGaming and sports betting industries, announced that it has secured a stake in Armchair Enterprises Limited, the owner and operator of CryptoCasino.com. This investment, according to SharpLink Gaming, is in line with its ambition to expand into the lucrative cryptocurrency gaming market. SharpLink Makes a Foray […]
Casino
February 24, 2025
Advantage Players Turn to Cutting-Edge Technology to Beat Casinos
As casinos constantly seek to enhance their security and improve their game designs, the so-called advantage players (APs) seek legal methods to tip the odds in their favor. These individuals are increasingly capitalizing on new technologies like artificial intelligence (AI), advanced simulations, and encrypted communication networks to gain an edge and bolster their chances of […]
Industry
February 24, 2025
Drake’s Drone Stunt Revealed as Social Sweeps Casino Promo
Drake is currently in Australia, touring major cities like Perth, Melbourne, Sydney, and Brisbane until March 7. While on the road, the Canadian rapper spends his downtime indulging in one of his favorite pastimes, gambling, while promoting his go-to online casino, Stake. In typical Drake fashion, the rapper has been pushing the crypto-based online casino […]
Industry
February 21, 2025
Study Suggests Links Between Loot Boxes and Behavioral Addiction
Computers in Human Behavior, a monthly peer-reviewed academic journal, published a new study on the effect of loot boxes on video gamers’ mental health. The study was carried out by a group of researchers from Nottingham Trent University (UK), Flinders University (Australia), ELTE Eötvös Loránd University (Hungary), and the University of Gibraltar. It suggested links […]
Business
February 20, 2025
Better Collective Posts Strong Q4 and 2024 Results, Adjusts Strategy
Better Collective, the digital sports media group, released a new trading update, highlighting strong growth observed in the final quarter of 2024 and overall solid results for the full year 2024. Company Revenue Grows in Q4, 2024 The company announced Wednesday its interim report, confirming that it wrapped up 2024 with €96 million ($100.3 million) […]
Industry
February 20, 2025
Telegram Bans TG.Casino Amid Gambling Concerns
Social media and instant messaging giant Telegram appears to have taken action to ban TG.Casino from its platform. The social media service, which has been previously scrutinized for becoming an online gambling hotspot, seems to be cracking down on casinos on its app. Operators Have Leveraged Telegram’s Capabilities to Host Online Casinos As it turns […]