IGT hits FY financial goals despite Global Lottery decline
The tech giant was able to reduce certain costs across the business in line with its strategy, while group revenue was higher year-on-year, with growth noted within...
Former magazine editor Lebby Eyres becomes The Health Lottery CEO
Eyres becomes the leader of the UK business after previously spending more than 14 years with its parent company, Northern & Shell. Her most recent role at...
NorthStar Gaming completes reverse takeover
Under the arrangement that was unveiled last June, Baden, which owns Canadian property business Midway Property, combined with NorthStar Gaming Inc and a wholly owned subsidiary of Baden....
FansUnite secures additional funding from Tekkorp
FansUnite launched the placement earlier this week at a price of $0.08 per unit, with the aim of raising aggregate gross proceeds of $2.0m. Tekkorp, an investment...
Seven casino closures deliver final blow on SJM FY22
An eventful year for the operator was compounded after it closed five of its “satellite” casinos – which are third-party promoted casinos – and two self-promoted casinos...
DSWV: Black market boom requires “urgent” solution
The body reported that sports betting stakes suffered a 13% year-on-year decline from €9.2bn to €8.4bn, despite the year featuring the massive betting event of the World...
Macau’s Studio City Casino records first post-Covid operating profit in Q3
Studio City International Holdings, the Melco-operated integrated resort’s owner, saw a year-on-year lift in takings in part thanks to the opening of Studio City Phase 2 in...
Southeast Asia, not Macau, to keep fuelling regional gaming growth
Anyone who’s seen a PowerPoint presentation about the 1997 Asian economic meltdown knows the Chinese word for crisis consists of the characters for danger and opportunity. With...
NeoGames boosted by ilottery US growth
Malul said the online gambling solutions provider is on track to complete the Aristocrat deal next year. “We continue to make progress towards completing our merger,” Malul...
Kansas sets new sports betting handle and revenue records in October
The monthly handle beat the previous record of $219.3m in September by 13.9%. It was also 31.5% ahead of $189.9m in Kansas in October 2022. Of all wagers placed...
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