PlayAGS on track to deleverage as revenue hits record $83m in Q1
Following the publication of the AGS Q1 report, the company has now achieved nine consecutive quarters of record revenue results. AGS president and chief executive officer...
Underdog to launch sports prediction markets with CFTC-registered partner
Underdog, a fantasy and sports betting operator, will roll out sports prediction markets in 16 states, founder and CEO Jeremy Levine told CNBC on Tuesday. Underdog is...
GAN reveals revenue decline in Q1 as strategic review continues
Announced after the group posted its 2022 full-year results in March, the review has been looking at a “range of strategic alternatives” that could improve value for shareholders...
MGM CEO Hornbuckle expounds on Las Vegas, prediction markets and more at BofA conference
MGM Resorts CEO Bill Hornbuckle was expansive about a litany of industry topics Thursday at the Bank of America Securities 2025 Gaming & Lodging Conference, touching on...
Universal Entertainment revenue up 28% in Q1
The revenue was bolstered by the performance of Universal’s integrated resort business. This segment reported revenue of YEN24.11bn for the quarter, more than double the YEN11.28bn generated...
Alex Thursby to exit as chair of Rank Group
Rank Group has announced that Alex Thursby will step down as its non-executive chair after six years in the role. Thursby informed the group’s board that he...
MA online sports betting handle surpasses $566m in first full month
Massachusetts launched legal online sports betting on March 10, with six licensed operators currently active in the state: Barstool Sportsbook, BetMGM, Caesars Sportsbook, DraftKings, FanDuel and WynnBet. The...
MIXI completes PointsBet takeover bid with 66.43% holding
MIXI Australia has completed its takeover offer for PointsBet, securing a total of 66.43% of the overall voting power in the online sportsbook and casino operator. The...
Cost saving strategy helps FansUnite cut net loss in Q1
Last year, FansUnite set out a strategy to focus on its US affiliate-centric businesses, primarily Betting Hero, with plans now in motion to expand the brand by...
Thailand’s new PM says no casinos while he’s in office
The new prime minister of Thailand, who took office on 5 September, has doused hopes for a legal casino industry in the kingdom while he’s in charge....
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