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Oceania News

Genius Sports exceeds guidance as 2023 revenue climbs 21%

Genius Sports has recorded a 21 per cent rise in full year revenue to $413.0 million in 2023, exceeding its initial guidance by $22 million.

The company benefited from a strong performance in the final quarter of the year as fourth quarter revenue rose 21 per cent to $127.2 million, marking [...]

1 min read
IGT

IGT to spin off Global Gaming and PlayDigital businesses for Everi merger

International Game Technology (IGT) is spinning off its Global Gaming and PlayDigital businesses to merge with Everi Holdings.

The business combination with Everi will create a diverse global gaming and fintech enterprise, with IGT shareholders expected to own approximately 54 per cent of the enlarged company and Everi stockholders the remaining [...]

1 min read

Ainsworth shares slide 17% on swing to loss

Sydney-listed gaming supplier Ainsworth Game Technology has reported a 17 per cent increase in revenue to AUD$284.9 million in its unaudited results for 2023, with just under half of the total derived from North America.

International revenue increased by 24 per cent year-on-year to $245.1 million, accounting for 86 per cent [...]

1 min read
Aristocrat Leisure

Aristocrat Leisure names Matthew Primmer as chief product officer

Sydney-listed gaming supplier and social gaming operator Aristocrat Leisure has promoted Matthew Primmer to the role of group chief product officer.

Primmer has over 20 years’ experience in the gambling sector, including ten years at Aristocrat in a range of senior product strategy, insights and leadership roles in Australia and the [...]

2 mins read
BlueBet

Horse racing drives BlueBet’s first half revenue growth

Australian and US sports betting operator BlueBet Holdings has reported a 13 per cent increase in wagering revenue to AUD$27.8 million for the half-year period ended 31 December 2023.

Betting turnover was 14 per cent higher at $319.5 million, including $20.7 million from the United States, while payouts increased by 14 [...]

1 min read

BetMakers expands Global Tote’s Mohegan partnership to Connecticut

BetMakers Technology Group’s Global Tote division is strengthening its presence in Connecticut after agreeing a new deal with Mohegan Sun.

The agreement will see Global Tote deliver its turnkey racing and wagering solution to power the casino’s Race Book, located within the Mohegan Sun FanDuel Sportsbook.

The company will provide new teller-operated [...]

2 mins read

Strong first half for Jumbo Interactive as revenue climbs 18%

Sydney-listed online lottery provider Jumbo Interactive has reported an 18 per cent increase in revenue to AUD$73.9 million for the financial half-year period ended 31 December.

Total transaction value (TTV) rose 16 per cent year-on-year to $484.5 million, despite tough comparables a year ago when there were three lottery jackpots of [...]

1 min read
PointsBet

PointsBet reduces loss as first half revenue grows 15%

PointsBet Holdings has posted a lower net loss of AUD$32.7 million for the first half of the 2023/24 fiscal year after reducing marketing expenses by nearly a third.

Total handle from sports betting declined by 4 per cent to $1.59 billion during the period, with a 17 per cent increase in [...]

1 min read

PointsBet poaches new group CTO from Flutter Entertainment

PointsBet has appointed Flutter Entertainment’s Daniel Lucas as group chief technology officer (CTO) to replace Jerry Bowskill.

Lucas will begin his new role on 1 September, replacing current group CTO Jerry Bowskill, who is based in the United States and will step down following completion of the sale of PointsBet’s US [...]

3 mins read

Tabcorp partners VRC and Nine in landmark Melbourne Cup agreement

The Victoria Racing Club (VRC), Tabcorp and Nine Entertainment have joined forces in a landmark broadcast, media and sponsorship deal for the Melbourne Cup Carnival.

The new agreement runs until 2029, with the Melbourne Cup Carnival to be broadcast on all SKY platforms and the TAB app, with Tabcorp having the [...]

4 mins read

GI Games Round-up featuring Evolution, Galaxsys, PopOK Gaming and more

This week’s games and platform integrations round-up from Gaming Intelligence features Nolimit City, Galaxsys, Evolution, PopOK Gaming, Pragmatic Play, BetConstruct, Imagine Live, Play’n GO, Playson, Bragg Gaming and Playtech.

Nolimit City's Fire in The Hole 2

Evolution-owned Nolimit City is on a hot streak with the launch of its latest slot, Fire [...]

4 mins read
Aristocrat Leisure

Aristocrat Leisure invests in Kinectify

Sydney-listed gaming supplier Aristocrat Leisure has made an incremental investment in Las Vegas-based anti-money laundering and compliance software provider Kinectify.

Aristocrat’s investment in Kinectify is joined by current investors contributing additional capital, including Acies Investments, the Eastern Band of the Cherokee Indians, Eilers & Krejcik Gaming, and former Caesars Entertainment CEO [...]

2 mins read
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