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888 Holdings

888 names Vaughan Lewis as first chief strategy officer

London-listed betting and gaming operator 888 Holdings has appointed Vaughan Lewis to the newly created role of chief strategy officer (CSO).

Lewis will join the operator in early 2021 from Flutter Entertainment, where he has held the position of transformation lead for the international business following its acquisition of The Stars [...]

2 mins read
IGT

IGT third quarter revenue falls 15% despite growth online

New York-listed lottery and gaming supplier International Game Technology (IGT) has posted a 15 per cent fall in total revenue to $982m for the third quarter of 2020, despite seeing strong growth in digital and betting revenue during the period.

Third quarter results reflected the continued global impact of the COVID-19 [...]

1 min read

J. Brin Gibson named chair of Nevada Gaming Control Board

Nevada Governor Steve Sisolak has appointed his former general counsel J. Brin Gibson to lead the Nevada Gaming Control Board (NGCB).

Gibson assumes the role of chair and executive director of NGCB on November 18 from Sandra Douglass Morgan, who stepped down on Friday to join the board of directors of [...]

2 mins read

NetEnt adds Megaways mechanic to relaunched Twin Spin game

Stockholm-listed casino games developer NetEnt has combined one of its most successful slots with Big Time Gaming’s Megaways mechanic in its latest release.

Twin Spin Megaways is a 6-reel title that sees the return of the classic Twin Reel feature, complemented by NetEnt’s Avalanche mechanic and Megaways, on licence from Big [...]

2 mins read
William Hill

Apollo Global sets sights on William Hill’s non-US businesses

Investment firm Apollo Global Management has confirmed that it will not be submitting a bid to acquire British bookmaker and gaming operator William Hill.

Apollo had made two bids to acquire William Hill beginning in August of this year, competing with a bid from Caesars Entertainment which included a clause to [...]

1 min read
GVC Holdings

GVC Holdings reveals new growth strategy and rebrand to Entain plc

Leading publicly listed gaming operator GVC Holdings is changing its name to Entain plc. as it launches a new strategy focused on sustainable growth and innovation.

The new strategy includes a commitment to ensure that 100 per cent of Entain’s revenue is derived from nationally regulated markets by the end of [...]

3 mins read

Pariplay agrees deal to bring Lightning Gaming content online

Aspire Global-owned Pariplay has added Pennsylvania-based slot developer Lightning Gaming to its Ignite Studio development programme.

Boothwyn-based Lightning Gaming has over a decade of experience delivering games to land-based players in the US, and will utilise Ignite Studio’s tools and resources to take its content online for the first time.

Among the [...]

2 mins read
Raketech

Raketech expands geographical footprint as Q3 revenue grows 24%

Stockholm-listed iGaming affiliate Raketech has reported a 24 per cent increase in revenue to €7.4m for the third quarter of 2020, as new depositing customers (NDCs) nearly doubled compared to a year ago.

With organic growth of just 3 per cent, Raketech's revenue growth in Q3 was driven by the newly [...]

1 min read

Better Collective returns to revenue growth in third quarter

Stockholm-listed iGaming affiliate Better Collective grew third quarter revenue by 7 per cent to €18.3m.

The period saw high levels of sports betting activity as major sports returned from their suspension earlier in the year due to COVID-19, although lower sports win margin reduced revenue by approximately €2m.

New depositing customers (NDCs) [...]

1 min read

Indiana sportsbooks hit record $230.9m in sports wagers in October

Indiana’s regulated sports betting market hit another record high in October as total handle increased to $230.9m for the month.

The state’s 11 operational sportsbooks saw wagers increase by 11 per cent month-on-month, with online sports betting contributing $193.0m and retail $37.9m.

American football accounted for more than a third of total [...]

1 min read
Flutter Entertainment

Australia and US drive Flutter Entertainment revenue growth in Q3

London-listed gaming operator Flutter Entertainment grew third quarter revenue by 30 per cent to £1.33bn as it benefited from a 41 per cent increase in average daily customers during the period.

The company recorded a strong performance across all divisions except for Paddy Power Retail, which saw revenue fall by 2 [...]

1 min read
Detroit, Michigan

Detroit casinos see sports betting handle hit record $46.1m in October

Michigan’s three commercial casinos have reported a 12 per cent fall in revenue to $101.4m for the month of October, despite increasing contributions from retail sports betting.

With the three Detroit casinos continuing to operate at 15 per cent capacity due to COVID-19 restrictions, table games and slots revenue fell by [...]

1 min read
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