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Robert Hoskin to step down from Entain’s Board

London-listed betting and gaming operator Entain has confirmed that long-serving executive Robert Hoskin will be leaving the company’s Board at the end of next month.

After 18 years with the group, Hoskin is stepping down as chief governance officer and will leave the Board on 30 June, but remain in role [...]

3 mins read

Rank Group promotes Jon Martin to chief operating officer role

London-listed bingo and casino operator Rank Group has promoted Jon Martin to the newly created role of chief operating officer.

Martin has served as managing director for Rank Interactive since 2020, and will transition back to the UK from Gibraltar to begin his new role this summer.

He will continue to have [...]

2 mins read

Philippines gaming revenue hits new record in Q1

Gaming revenue in the Philippines surged by 76 per cent to PHP68.9 billion (€1.13 billion) in the first three months of 2023 to set a new quarterly record.

Casino gaming revenue was 81 per cent higher at PHP59.3 billion, and represented 86 per cent of quarterly revenue.

Bingo revenue was PHP6.2 billion, [...]

1 min read

Affiliation marketing drives Raketech’s Q1 growth

Stockholm-listed gaming affiliate Raketech has reported a 24 per cent increase in revenue to €15.8 million for the first quarter of 2023, with growth driven by strong performances within affiliation and sub-affiliation marketing.

The company said that its core portfolio of affiliation marketing assets delivered exceptional results from the Rest of [...]

1 min read

Swedish court clarifies turnover concept for regulator’s penalty fees

Swedish gambling regulator Spelinspektionen has been ordered to re-examine the way it imposes penalty fees to operators after a ruling by Sweden’s Supreme Administrative Court.

In its judgment on a case involving operator Genesis Global and Spelinspektionen concerning warnings and penalties issued under the country’s Gambling Act, the Court noted that [...]

1 min read

NeoGames sees strong revenue growth continue into first quarter

New York-listed lottery and gaming supplier NeoGames has seen revenue soar by 187 per cent to $64.3 million in the first quarter of 2023, buoyed by its acquisition of Aspire Global and share of NeoPollard Interactive (NPI) revenue.

In a strong start to the year, iLottery revenue grew by 9 per [...]

1 min read

Belgium gambling revenue leaps 25% to €1.21 billion

Belgium’s gambling revenue leapt by 25 per cent to €1.21 billion in 2021, according to data published by the country’s Gaming Commission.

The land-based gambling sector in Belgium was still restricted by pandemic measures in 2021 and was up by just 6 per cent to €397.1 million, still almost half pre-pandemic [...]

1 min read

Bally’s sees first quarter revenue near $600 million mark

Bally’s Corporation has reported a 9 per cent increase in revenue to $598.7 million in the first quarter of 2023, benefiting from a record performance from its Casinos & Resorts segment.

Revenue from Casino & Resorts increased by 17 per cent to $328.8 million during Q1, while North America Interactive revenue [...]

1 min read

Bally’s names Marcus Glover as CFO; Patel appointed vice chairman

Bally’s Corporation has strengthened its senior executive team with the appointment of Marcus Glover as executive vice president and chief financial officer, while also appointing Jaymin B. Patel as vice chairman.

Glover takes over as executive vice president and CFO from Bobby Lavan, who is leaving the company to pursue another [...]

1 min read

IGT grows first quarter revenue despite Lottery decline

International Game Technology (IGT) has posted a 1 per cent increase in revenue to $1.06 billion for the first quarter of 2023, as growth from its Global Gaming and PlayDigital divisions offset a decline in lottery.

Global Lottery revenue fell 8 per cent to $624 million due to the sale of [...]

1 min read

Strong growth for Codere as 2022 revenue rises to €1.31 billion

Spanish gaming operator Codere has reported a 67.5 per cent increase in revenue to €1.31 billion for 2022, with results boosted by a strong recovery in Argentina and Italy after Covid restrictions were lifted.

Revenue in Argentina more than doubled to €346.9 million during the year, despite revenue in the final [...]

1 min read
Flutter Entertainment

Flutter Entertainment grows first quarter revenue to £2.4 billion

London-listed betting and gaming operator Flutter Entertainment has enjoyed a strong start to the year as revenue increased by 54 per cent to £2.41 billion in the first quarter of 2023.

The growth versus the same period last year was attributed to strong recreational customer growth across all divisions, with average [...]

1 min read
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