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SciPlay

SciPlay Board elects three new Directors

New York-listed social gaming operator SciPlay has appointed April Henry, Charles Prober and Constance P. James to its board of directors.

Henry has over two decades of experience advising global corporations across the technology industry and is founder and managing partner of Hawkeye Digital, a strategic consulting firm. She also serves [...]

1 min read
MGM Resorts

MGM Resorts buoyed by Aria and Vdara in Q1

New York-listed MGM Resorts International has reported a 73 per cent increase in revenue to $2.85bn for the first quarter of 2022, with growth driven by the inclusion of the operating results of Aria and Vdara following their consolidation in September 2021.

Results improved versus the first quarter of 2021 when [...]

1 min read

Rhode Island sports wagers climb 19% in March

Rhode Island’s regulated sports betting market grew to $45.8m in March 2022, with online betting generating nearly two-thirds of the total.

March handle climbed by 19 per cent compared to a year ago and was 9 per cent higher than the previous month.

Rhode Island Sports Betting Wagers: March 2022 (US$)

The year-on-year [...]

1 min read
LeoVegas

MGM Resorts makes $607m bid for LeoVegas

Shares in online gaming operator LeoVegas gained over 40 per cent Monday after MGM Resorts International announced a $607m bid to acquire the company.

The public tender offer at SEK61 per share represents a 44 per cent premium on the closing price of LeoVegas shares on Friday April 29.

LeoVegas was founded [...]

3 mins read
Tekkorp Capital

Caliente Interactive listing nears completion as Tekkorp seeks Illinois license

Tekkorp’s acquisition of Caliente Interactive, Playtech’s strategic partnership with Mexico’s Caliente, is nearing completion with only elements of the financing awaiting finalisation.

Tekkorp and Caliente are working closely together, with Tekkorp receiving approval from the Illinois Gaming Board to apply for a license under the Caliente Interactive LLC vehicle. Super Group’s [...]

1 min read
Wyoming State Flag

Wyoming online sportsbook wagers climb to $12.7m in March

Wyoming’s three operational online sportsbooks collected total wagers of $12.7m in March 2022.

Combined handle from DraftKings, BetMGM and FanDuel increased by 23 per cent compared to the previous month, but was down 9 per cent from January’s record $14.0m total.

Wyoming Sports Betting Comparison 2021/22 (US$)

The three operators collected gross gaming [...]

1 min read

GI Games Round-up: Greentube, BF Games, Pariplay and more

This week’s games and platform integrations round-up from Gaming Intelligence features the likes of Betsoft Gaming, Greentube, BF Games, Inspired Entertainment, Pragmatic Play, Pariplay, Relax Gaming, Yggdrasil, Evolution, ORYX Gaming, Playtech and Light & Wonder.

Betsoft Gaming’s Alkemor’s Elements

Betsoft Gaming has launched the sequel to one of its most popular slots [...]

9 mins read
GAN

GAN secures investment from Beach Point Capital

New York-listed gaming technology supplier and operator GAN has secured a US$30m term loan from California-based investment firm Beach Point Capital Management.

The $30m private credit investment will enable GAN to fund the growth of its existing B2B business and implement its previously announced $5m share buyback programme.

This follows the recent [...]

1 min read

Nevada gambling market grows to $1.36bn in March

Nevada’s regulated gambling market saw total gaming win increase by 27 per cent to $1.36bn in March 2022, just below the record monthly high set last July.

The strong growth in March marks the 13th consecutive month that the state’s casinos generated more than $1bn in gaming win.

Slot Machines continued to [...]

1 min read
BlueBet

BlueBet reports strong growth ahead of US sports betting launch

Sydney-listed online sports betting operator BlueBet Holdings has reported a 63.4 per cent increase in gross win for its financial third quarter ended March 31.

Total wagering with the operator increased by 44.5 per cent year-on-year to AUD$120.7m (€81.5m), with gross win climbing 63.4 per cent to $17.0m (€11.5m).

After allowing for [...]

1 min read
Slingo

Gaming Realms to develop Slingo Money Train game

London-listed Gaming Realms has signed a deal with Relax Gaming to develop a Slingo version of Relax’s hit casino game Money Train.

The deal expands on the two companies’ existing agreement that sees Relax distribute Gaming Realms’ Slingo titles across its network.

“We have worked successfully with Relax Gaming since 2019, so [...]

2 mins read

Churchill Downs posts record Q1 despite TwinSpires revenue decline

New York-listed Churchill Downs Incorporated (CDI) has reported a 12 per cent increase in net revenue to a record $364.1m for the first quarter of 2022, despite a decline in its TwinSpires wagering business.

The year-on-year revenue growth was driven by a 16 per cent increase in net revenue from CDI’s [...]

1 min read
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