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Lady Luck Games agrees deal to acquire Revolver Gaming

Stockholm-listed slots developer Lady Luck Games has entered into an agreement to acquire London-based games studio Revolver Gaming.

Under the exclusive Letter of Intent (LOI), Lady Luck will acquire Revolver Gaming for €750,000 in cash and 4,200,000 newly issued shares in LL Lucky Games at a price of SEK3.00.

Revolver currently offers [...]

1 min read
Gaming Intelligence Awards 2021

Scientific Games and Flutter dominate Gaming Intelligence Awards 2021

Scientific Games and Flutter Entertainment were the big winners last week as the Gaming Intelligence Awards 2021 were unveiled during a week of celebrations.

Scientific Games won an unprecedented six awards this year, dominating the North America region with an incredible four awards. With the supplier transitioning to become a pure [...]

4 mins read

FUN88 renews official betting partnership with Tottenham Hotspur

Online betting and gaming operator FUN88 has renewed its official betting partnership with English Premier League football club Tottenham Hotspur.

The new agreement extends a ten-year partnership and will see FUN88 continue to serve as the club's official betting partner for Asia and Latin America.

This will allow the operator to continue [...]

2 mins read
Playtech

Playtech shareholders set to vote on Aristocrat deal

London-listed gaming technology supplier Playtech will seek shareholder approval in January to proceed with its proposed sale to Australia’s Aristocrat Leisure.

The company has scheduled a court meeting and general meeting of the company for 12 January, when shareholders will be given the opportunity to vote on the proposal, subject to [...]

1 min read

GI Games Round-up: Featuring Playtech, Evoplay, Slotmill and more

This week’s games and platform integrations round-up from Gaming Intelligence features the likes of Playtech, Scientific Games, Slotmill, Endorphina, BF Games, Evoplay, Pragmatic Play and Relax Gaming.

Playtech’s Age of the Gods: Wheels of Olympus

Playtech’s Ash studio has released the latest addition to the Age of the Gods series of slots [...]

6 mins read

Wynn Resorts continues revenue recovery into third quarter

New York-listed casino operator Wynn Resorts continued to see improved performances from its Macau and Las Vegas operations during the third quarter of 2021 as total revenue soared 168 per cent to $994.6m.

In Macau, revenue from Wynn Palace increased significantly to $181.3m, up from just $15.7m in the corresponding Covid-impacted [...]

1 min read

Scientific Games swings to profit as Q3 revenue grows to $539m

New York-listed gaming supplier Scientific Games has reported a 25 per cent increase in revenue from continuing operations to $539m for the third quarter of 2021, helping the supplier return to profit during the period.

Revenue from Scientific Games' core Gaming division increased by 47 per cent to $339m in Q3, [...]

1 min read

Wynn Resorts names Craig Billings as next CEO

Wynn Interactive chief executive Craig Billings has been promoted to chief executive of parent company Wynn Resorts, effective February 1, 2022.

Billings will take over as chief executive of Wynn Resorts from Matt Maddox, who has decided to step down in January after four years in the role.

Maddox will step down [...]

4 mins read
IGT

Strong Q3 for IGT as Digital & Betting contribution grows

New York-listed International Game Technology (IGT) has reinstated its quarterly cash dividend after a strong third quarter performance which saw revenue climb 21 per cent to $984m and operating income more than double to $212m.

Buoyed by double-digit growth across all of its business segments, revenue from IGT’s core Global Lottery [...]

1 min read
IGT

IGT names Gil Rotem as president of iGaming

New York-listed gaming supplier International Game Technology (IGT) has appointed former bet365 executive Gil Rotem as president of iGaming.

Rotem will be responsible for ensuring the ongoing development and global expansion of the IGT PlayCasino business, which includes iGaming, poker and bingo, reporting into IGT CEO Digital & Betting Enrico Drago.

“The [...]

2 mins read

Gambling.com and Playtech lead share price growth in October

Shareholders in Gambling.com and Playtech were the big winners as their shares rocketed to the top of the Gaming Intelligence Stock List in October 2021.

While the leading publicly-listed gaming operators and suppliers saw the combined value of their shares decline by 2 per cent in October, Gambling.com’s shares rose by [...]

1 min read
DraftKings

DraftKings grows Q3 revenue to $212.8m as losses mount

New York-listed betting and gaming operator DraftKings has reported a 60 per cent increase in revenue to $212.8m for the third quarter of 2021, although significantly higher expenses pushed the company to a loss of $545.0m for the period.

The year-on-year revenue growth was driven by a 31 per cent increase [...]

1 min read
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