Gambling News - 'Global'
Industry
November 14, 2024
IAGR Enhances Board with Four New Trustees
The International Association of Gaming Regulators (IAGR), an organization that provides networking opportunities for the international community of gambling authorities, has enhanced its board with four new trustees. Four New Members Were Onboarded These new additions will help the association face the challenges offered by the ever-shifting regulatory landscape. The new appointees were unveiled during […]
Business
November 14, 2024
Better Collective Faces Strategic Recalibration amid Rising Market Pressures
Better Collective, a prominent betting and affiliate company, is navigating strategic challenges that have prompted a realignment of its operational model and financial targets. The business reported a Q3 increase in revenue by 7.7% to EUR 81.2 million ($85.69 million), with recurring revenue settling at EUR 52.8 million ($55.73 million). Organic sales, however, came in […]
Business
November 14, 2024
Gambling.com Reports Solid Q3 Growth, Raises Full-Year Expectations
The provider of digital marketing services powering the global online gambling industry, Gambling.com, released its latest financial update. A New Quarterly Revenue Record On Thursday, the company uncovered details regarding its performance for the third quarter ended September 30, 2024, pointing to strong adjusted EBITDA growth in combination with an increase in revenue. Besides details […]
Business
November 13, 2024
Gentoo Media Enjoys Record Q3 2024 Revenue After Restructure
Following the recently completed structural business changes, the market-leading affiliate that helps connect iGaming and betting operators to players across the globe, Gentoo Media, released its latest financial update, pointing to exceptional revenue growth. Strong Financial Results Despite Business Split On Wednesday, the company, released its Q3 2024 financial results, highlighting a 35% year-over-year revenue […]
Business
November 13, 2024
Flutter Publishes Q3 Results, Prepares for Share Buyback
Gambling and betting giant Flutter Entertainment has published its Q3 report, highlighting significant increases across multiple metrics. As a result, the company updated its guidance, introducing a small raise, and announced the launch of the first tranche of its new share buyback program. Flutter Continued to Excel In the three months ended September 30, Flutter […]
Business
November 13, 2024
L&W’s Q3 Remains Strong Despite Court Loss Against Aristocrat
Leading cross-platform game developer Light & Wonder has reported its Q3 financials, highlighting a strong balance sheet despite its court loss against Aristocrat. As the company’s surge continued, it recorded its 14th consecutive quarter of year-on-year growth. The Business Remained Strong According to its Q3 report, Light & Wonder recorded Q3 revenue of $817 million, […]
Poker
November 13, 2024
ACR Poker Unveils 15 WSOP Paradise Packages for $50M GTD Super Main Event
If spending December in the Bahamas at a luxury resort with “top-tier amenities and stunning oceanfront views” sounds good to you, don’t miss out on the chance to qualify for the WSOP Super Main Event at the stunning Atlantis Resort. The event will feature the largest guaranteed prize pool in poker history, with a ground-breaking […]
Blockchain
November 12, 2024
Crypto Casino and Sportsbook BetHog Launches with $6M Seed Funding
BetHog, a fresh cryptocurrency casino and sportsbook from the founders of FanDuel has successfully conducted its Alpha launch. The company announced it has raised $6 million in seed funding. The round was led by investing firm 6MV, with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and other prominent investors, boding well for its […]
Business
November 12, 2024
IGT Posts Strong Q3 Report Despite Slight Declines Across the Board
IGT, a global leader in gaming technology and content, has published its financials for the third quarter of the year, highlighting the strength of its business. The company also published its current forecasts for the FY results. Revenue Slowed Down But the Results Remained Strong Among other things, the company reported Q3 revenue of $587 […]
Business
November 12, 2024
Aristocrat Agrees to Sell Plarium to Modern Times Group
Globally recognizable gaming and entertainment company Aristocrat Leisure Limited announced its plans to divest a strategic asset. Plarium’s Divestment to Fuel Aristocrat’s Long-Term Growth Strategy Today, the company confirmed it has entered into a binding agreement for the sale of Plarium Global Limited, a leading mobile games developer by its subsidiary, Pixel United Holdings Limited, […]