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Oceania News

Toronto, Ontario

PointsBet fined $150,000 for Ontario gaming violations

PointsBet Canada has been fined CA$150,000 by the Alcohol and Gaming Commission of Ontario (AGCO) for violations of internet gaming responsible gambling standards.

The penalty announced Thursday relates to several alleged violations of Ontario’s responsible gambling provisions, including failing to intervene with a problem gambler and failing to enforce cooling-off periods.

“In [...]

2 mins read

Light & Wonder delivers double-digit growth across all segments in Q3

Light & Wonder has posted its 10th consecutive quarter of growth as consolidated revenue for the third quarter reached $731 million.

Consolidated revenue in the third quarter of 2023 was 13 per cent higher than the same period last year, driven by double digit growth across all business segments.

Revenue from the gaming [...]

1 min read

Super Group enjoys record Q3 as revenue hits €356.9 million

New York-listed betting and gaming operator Super Group has posted a 16 per cent increase in revenue to €356.9 million, its highest ever revenue performance for the third quarter.

Revenue from the company’s Betway brand grew by 22 per cent year-on-year to €206.4 million in Q3, while revenue from Spin rose [...]

1 min read

OpenBet and IMG Arena drive growth at Endeavor

New York-listed Endeavor Group Holdings has reported a 10 per cent increase in revenue to $1.34 billion for the third quarter of 2023, including revenue of $124.8 million from its Sports Data and Technology division.

Revenue from Sports Data and Technology soared by 167 per cent year-on-year to $124.8 million in [...]

1 min read

Stake expands into Colombia with Betfair Colombia acquisition

Easygo-owned betting and gaming operator Stake has entered Colombia’s regulated iGaming market through the acquisition of Betfair Colombia from Flutter Entertainment.

The strategic acquisition marks a significant milestone in Stake's expansion strategy in Latin America and includes Betfair Colombia’s licence, which has been granted until 2025.

“Expanding into the Colombian market is [...]

2 mins read
Flutter Entertainment

Flutter Entertainment continues strong growth in Q3

Flutter Entertainment grew revenue to more than £2.0 billion in the third quarter of 2023, driven by a strong performance in gaming.

The London-listed betting and gaming operator posted an 8 per cent increase in group revenue to £2,035 million in Q3, with the company’s growth rate rising to 13 per [...]

1 min read

BetMakers secures contract extension with William Hill

BetMakers Technology has agreed a contract extension to continue providing its Price Manager fixed odds betting solution to William Hill.

The extended commercial agreement with William Hill includes BetMakers’ all-in-one fixed odds wagering solution and data services from a variety of rights holders and content providers, as well as BetMakers’ own [...]

2 mins read

Konami adds AI facial recognition to gaming products

Konami Gaming is adding facial recognition technology to its slot and table game products through a partnership with Xailient.

The integration of Xailient’s AI facial recognition device provides a secure identity management solution without the need for magnetic player cards, while also enabling casinos to track and bonus players anonymously.

Available through [...]

2 mins read
Sportradar

Sportradar to reduce global workforce as Q3 profit falls 68%

Sports data provider Sportradar has reported a 12 per cent increase in revenue to €201.0 million for the third quarter of 2023, alongside announcing a reduction in its global workforce as part of a broader set of strategic initiatives.

The company posted year-on-year growth across all business segments, with its core [...]

1 min read
IGT

IGT sees marginal revenue growth in third quarter of 2023

New York-listed International Game Technology (IGT) has recorded a marginal increase in revenue to $1.065 billion for the third quarter of 2023, despite posting a decline from its lottery business.

Global Gaming revenue increased by 8 per cent year-on-year to $409 million in Q3, primarily driven by growth in the installed [...]

1 min read

BetMakers making operational progress as Q1 revenue climbs 9%

Sydney-listed betting technology provider BetMakers Technology Group has reported a 9 per cent increase in revenue to AUD$26.1 million for the first quarter of its 2024 fiscal year.

The year-on-year growth was driven by new customer growth and contract extensions with key partners such as Penn Entertainment, PointsBet, Dabble and William [...]

1 min read

Queensland introduces legislation to bring tighter controls over casinos

The Australian state of Queensland has introduced tougher new laws to increase scrutiny and improve the integrity of the state’s land-based casinos.

The proposed legislation by the Palaszczuk Government will increase regulatory scrutiny and require casinos to introduce specific measures to reduce gambling harm and combat money-laundering.

The reforms set out in [...]

1 min read
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