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Business
May 7, 2024
Catena Media Reports Underperformance Amid Management Changes
The performance-based online marketing company that caters to the iGaming and betting sectors, Catena Media, released its latest financial report Tuesday. The company disclosed its interim report covering the period between January and March 2024, revealing unsatisfactory results, pointing to year-over-year decreases in a number of operating segments. Per Catena’s new report, revenue from continuing […]
Casino
May 7, 2024
Responsible Gambling Affiliate Association Unveils New Membership Program
The Responsible Gambling Affiliate Association (RGAA) announced recently that it will be launching a new membership initiative at SBC Summit North America. With the help of the program, RGAA wants to keep fostering a stronger community of affiliate companies while at the same time prioritizing consumer protection. RGAA Expands Membership to Strengthen Integrity and Consumer […]
Business
May 7, 2024
Mike Cardell Joins Scientific Games as SVP, Americas Systems
The leading retail and digital games supplier, technology, analytics and services provider, powering betting operators and government-sponsored lotteries across the globe, Scientific Games (SG), announced a new senior-level appointment. The company confirmed it appointed Mike Cardell for the role of senior vice president (SVP) of Americas Systems. Joining the company, the executive brings nearly two […]
Casino
May 6, 2024
xQc Calls Out “Losers” Who Are Upset with His Gambling
Twitch and Kick streamer Félix Lengyel, or as he is known for his online handle, “xQc,” has blasted people who have repeatedly brought up his tendency to stream gambling for the “kicks of it,” accusing the former Overwatch professional player of opportunistically accepting deals with crypto gambling platforms and casinos and expose his followers to […]
Poker
May 3, 2024
Dominik Nitsche Wins Biggest ACR Poker Event, Walks Away with $1.8M
The $12.5 million event has gathered a record level of participation and saw several players walk away from the online tables millionaires. Second place was claimed by player PushOrdie who won $1.3 million, and third place was claimed by Anzuelitico who won $1 million from the event. A total of nine players made it into […]
Business
May 2, 2024
Rush Street’s Q1 Report Highlights Improved Revenue and Reduction in Losses
Rush Street Interactive (RSI), a leading American online casino and sports betting company, has published its quarterly report for the period ended March 31. The company reported a significant increase in revenue and significantly narrowed its losses. For context, Rush Street reported Q1 revenue of $217 million, up 34% year-on-year from the $162.4 million reported […]
Business
May 2, 2024
Bally’s Q1 Financials: Losses Offset Favorable Revenue
Bally’s Corporation has published its Q1 results, reporting what CEO Robeson Reeves called a “solid start” to the year. Unfortunately, the favorable performance across several segments was offset by a loss of $173.9 million, triggering a decline in the company’s share price. For Q1, Bally’s reported company-wide revenue of $618.5 million, representing an increase of […]
Business
May 2, 2024
MGM Resorts Posts Record-Breaking Q1 Results, Eyes New Opportunities
MGM Resorts has published a record-breaking quarterly report, highlighting a significant increase in revenue. The company attributed the positive results to its diverse assets. For context, MGM’s net revenues for the period reached a whopping $4.4 billion, representing an increase of 13% year-on-year. According to CEO Bill Hornbuckle, this stellar figure was underpinned by the […]
Business
May 1, 2024
Lottomatica Posts Strong Q1 Results, Updates Guidance after SKS365 Takeover
The leading operator with a strong presence in Italy and across Europe, Lottomatica, released its latest financial update, uncovering details about its performance for the first quarter of this year. On Tuesday, the company disclosed details regarding its latest interim financial report, covering the three months ended March 31, 2024. In the first quarter of […]
Business
April 30, 2024
Sharp Gaming Migrates to Betfred, Rebrands to Betfred Technology
Sharp Gaming is a technology developer focusing on the gambling sector which launched seven years ago. Since then, the developer has benefitted from more than £100 million ($125.2 million) in funding from Betfred’s chairman, Fred Done, culminating with the absorption of Sharp Gaming by Betfred. The strategic migration was completed last week and as a […]
