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Light & Wonder

Light & Wonder posts continued strong growth across all segments

Light & Wonder’s first quarter revenue improved by 13 per cent to $756 million, driven by double digit growth across all business segments.

The Gaming business achieved revenue growth of 14 per cent year-on-year to $476 million, including global gaming machine sales growth of 30 per cent and gaming systems growth [...]

1 min read
IGT

IGT to launch cloud-based iLottery solutions for Canada’s Atlantic Lottery

International Game Technology (IGT) has signed a new five-year contract with Canada’s Atlantic Lottery Corporation to provide its advanced remote game server and digital instant games.

IGT will implement high-performing features and new games for players in Atlantic Canada, and deploy its advanced cloud-based remote game server (RGS) and at least [...]

2 mins read
Betway

Super Group acquires full control of sportsbook technology for €140 million

Super Group is assuming full control of its sportsbook software by acquiring the technology platform from long-standing software partner Apricot for €140 million.

The transaction brings the Betway owner closer to its goal of fully owning and controlling its sportsbook technology across global markets, giving the company the capability to apply [...]

1 min read

Kambi’s esports division Abios promotes Anton Janér to managing director

Kambi Group’s esports subsidiary Abios has appointed chief technology officer and co-founder Anton Janér as its new managing director.

Janér succeeds Abios’ long-term CEO and co-founder Oskar Bonnevier Fröberg, who has stepped down to pursue new endeavours.

Having co-founded the company alongside Fröberg in 2013, Janér was instrumental in the development of [...]

2 mins read

Montana sports bets grow by 5% in April

Montana’s sports bets grew by 5 per cent in April to $5.5 million, with basketball and baseball accounting for three-quarters of the total.

Betting on basketball was $2.3 million in April and $1.9 million was bet on baseball. Ice hockey was the third most popular sport with handle of $513,442.

Gross win [...]

1 min read

Super Group enjoys record Q1 as revenue grows to €379.3 million

Betway-owner Super Group has reported a 12 per cent increase in revenue to a record €379.3 million for the first quarter of 2024, driven by growth in Africa and North America.

Revenue from Betway increased by 12 per cent year-on-year to €222.0 million, while Spin revenue was up by the same [...]

1 min read

Genius Sports sees first quarter revenue climb 23%

Genius Sports has reported better-than-expected results for the first quarter of 2024 as revenue increased by 23 per cent to $119.7 million.

Revenue in the first quarter exceeded the company’s guidance of $117 million, with revenue from Betting Technology, Content & Services up 14 per cent at $73.9 million, driven by [...]

1 min read

Everi posts revenue decline in Q1

Everi Holdings has announced revenue of $189.3 million for the first quarter of 2024, with the lower revenue contributing to an 84 per cent drop in net income.

Revenue in the first quarter was down 5.6 per from $200.5 million a year ago, as revenue from Everi’s Games segment fell by [...]

1 min read

Wynn Resorts revenue reaches $1.86 billion in first quarter

Wynn Resorts has reported a 31 per cent increase in revenue to $1.86 billion for the first quarter of 2024, with growth across all of its operations.

In Macau, Wynn Palace revenue increased by 59 per cent to $586.9 million in the first quarter, with Wynn Macau revenue 78 per cent [...]

1 min read

Red Rock Resorts sees income dip in Q1

Casino operator Red Rock Resorts has posted a 12.7 per cent increase in revenue to $488.9 million in the first quarter of 2024.

First quarter revenue from Las Vegas operations was up 12.9 per cent year-on-year to $485.6 million, with corporate and other revenue down 7.2 per cent to $3.3 million.

Casino [...]

1 min read
Catena Media

Catena Media revenue declines 49% in first quarter

Stockholm-listed iGaming affiliate Catena Media has reported a 49 per cent fall in revenue from continuing operations to €16.0 million for the first quarter of 2024, as revenue in North America halved.

The year-on-year revenue decline was due to a 50 per cent decline in North America revenue to €14.3 million, [...]

1 min read

Scientific Games strengthens lottery systems leadership

Lottery supplier Scientific Games has appointed Mike Cardell as senior vice president of Americas systems.

Before joining Scientific Games, Cardell spent more than 11 years at fintech and payments company Fiserv, where he served as vice president and general manager of Next Gen Solutions: Signature and Cloud Solutions.

He also spent five [...]

2 mins read
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