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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

GI Games Round-up: Featuring Relax Gaming, Slotmill and Evoplay

This week’s games and platform integration round-up from Gaming Intelligence features the likes of iSoftBet, Greentube, High 5 Games, Relax Gaming, Slotmill and Evoplay.

iSoftBet’s Moon Spirit Hold & Win

iSoftBet is taking players on a great quest in its new American frontier-themed slot, Moon Spirit Hold & Win.

“Moon Spirit Hold & [...]

4 mins read
Bally's Corp

Bally’s slips to loss despite Q3 revenue soaring to $314.8m

New York-listed gaming operator Bally’s Corporation has recorded strong growth for the third quarter of 2021 as revenue soared 170 per cent to $314.8m.

Excluding results from newly acquired Gamesys Group, which was consolidated from 1 October, Retail Casino revenue rose to a record $301.6m during the quarter, with Bally’s new [...]

1 min read
MGM Resorts

MGM Resorts’ third quarter revenue soars 140%

New York-listed casino and sportsbook operator MGM Resorts International has reported strong growth for the third quarter of 2021 as total revenue increased by 140 per cent to $2.71bn.

The company benefited from the removal of mandated operational and capacity restrictions as well as an increase in travel, with the prior [...]

1 min read

Scientific Games acquires live casino specialist Authentic Gaming

New York-listed gaming supplier Scientific Games is entering the live casino space for the first time through the acquisition of Authentic Gaming for an undisclosed amount.

The acquisition strengthens Scientific Games in-house development capabilities to build live casino products, in particular for the US market where the supplier expects to establish [...]

3 mins read

China lottery sales dip again in September

China’s two national lotteries have reported a 20 per cent increase in total lottery sales to RMB278.53bn (€37.57bn) during the first nine months of 2021.

Despite the strong growth this year, total lottery sales decreased year-on-year for the second consecutive month, falling 13 per cent to RMB31.24bn in September 2021.

This comprised [...]

1 min read

New research finds no link between game features and problem gambling

Groundbreaking new research into links between slots gameplay and safer gambling has concluded that there is no statistically significant correlation between player markers of harm and the experience that different games provide.

Data science company Future Anthem analysed 36m playing sessions at Gamesys to look for links between volatility, hit rate [...]

1 min read

GI Games Round-up: Featuring Greentube, Red Tiger, Evoplay and more

This week’s games round-up from Gaming Intelligence comprises new releases for Greentube, Red Tiger, Evoplay, Endorphina, iSoftBet, Pragmatic Play, Inspired and Ezugi, as well as integrations for Playtech, Evolution and Pariplay.

Greentube’s Power Prizes – Royal Crane

NOVOMATIC-owned Greentube has launched a new Asian-themed slot game, Power Prizes - Royal Crane, featuring [...]

8 mins read

Evolution doubles revenue and profit in strong third quarter

Stockholm-listed casino games developer Evolution has seen revenue nearly double to €276.0m for the third quarter of 2021, with RNG games from its recently acquired game studios contributing €61.5m.

Revenue increased by 97 per cent compared to a year ago, with growth driven by very strong global demand for live casino, [...]

1 min read
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