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Las Vegas Sands

Macau gaming revenue rises 83% in January

Macau’s gaming sector started 2023 strongly as revenue rose by 83 per cent in January to MOP11.6bn (€1.3bn).

January’s gaming revenue was Macau’s best monthly performance since January 2020 and was only the second time since then that revenue has been above MOP10bn.

The Chinese New Year holiday fell in January and [...]

1 min read

Malaysian illegal online gambling blacklist grows to 6,381 websites

The Malaysian Communications and Multimedia Commission (MCMC) has revealed that it has blocked more than 6,000 illegal online gambling websites in the past three years.

Between 2020 and the end of 2022, the Commission has ordered internet service providers (ISPs) to block access to 6,381 iGaming sites after working with the [...]

1 min read
Entain

Entain set to exceed full year earnings guidance after strong Q4

London-listed betting and gaming operator Entain expects full year EBITDA to come in ahead of guidance following another strong performance in the final quarter of 2022.

Entain grew total net gaming revenue (NGR) by 11 per cent in the fourth quarter, with Retail NGR 10 per cent higher than a year [...]

1 min read
XLMedia

Sports betting drives XLMedia’s full year revenue growth

London-listed online betting and gaming affiliate XLMedia expects to post an 11 per cent increase in consolidated revenue to US$73.7m for the full 2022 year.

In line with expectations, revenue from Sports and Gaming rose 27 per cent year-on-year to $69.6m, while non-core revenue fell by 65 per cent to $4.1m, [...]

1 min read

Danish iGaming revenue climbs to record high in Q4 2022

Denmark’s gambling sector closed 2022 with revenue down by 3 per cent in December at DKK541.2m (€72.8m), although fourth quarter revenue climbed 3.5 per cent to DKK1.7bn.

Online casino had its best month of 2022 in December with revenue growing by 3 per cent to DKK272.3m, helping the sector to its [...]

1 min read
Paul Scully MP

Gambling whitepaper only the start of reform process says MP

Gambling Minister Paul Scully has told industry stakeholders that the much-anticipated Government whitepaper on gambling reform in the UK is only the first step towards a world leading gambling policy.

Speaking at the annual meeting of Britain’s Betting and Gaming Council on Thursday (Jan. 26), Scully noted that the millions of [...]

5 mins read
Rank Group

Rank Group sees higher costs offset revenue recovery

London-listed gaming operator Rank Group has reported a loss of £101.2m for the six-month period ended 31 December 2022, despite a 2 per cent increase in revenue from continuing operations to £338.9m.

The revenue growth in Rank’s financial first half period was driven by a 25 per cent year-on-year increase in [...]

1 min read
BCLC

BCLC brings in Mark Goldberg to lead technology strategy

Canada’s British Columbia Lottery Corporation (BCLC) has appointed Mark Goldberg as chief information officer and vice president of business technology.

Goldberg begins his new role today (Jan. 23) leading technology strategies that support BCLC’s lottery, casino, sports betting and corporate operations.

He brings more than 20 years of experience in information technology [...]

2 mins read
Entain

Entain accelerates exit from unregulated iGaming markets

London-listed betting and gaming operator Entain has reaffirmed plans to exit a number of unregulated markets where there is no clear path to market liberalisation.

It follows the operator’s previous commitment in November 2020 that 100 per cent of the group’s revenue would come from markets that are nationally regulated by [...]

3 mins read
Kindred Group

Weaker than expected Q4 performance impacts Kindred Group profit

Shares in Kindred Group slumped by more than 16 per cent in Stockholm Friday after the operator posted lower revenue than expected for the final quarter of 2022, with a historically low gross profit margin and considerable marketing investments having a negative impact on its profitability.

Kindred’s revenue increased by 24 [...]

1 min read
888 Holdings

Online decline pushes 888 revenue down 3% in 2022

London-listed betting and gaming operator 888 Holdings has reported a 3 per cent fall in total revenue to £1.85bn in 2022, with strong growth in retail offset by a 15 per cent decline in online revenue.

In a post-close trading update released Friday (Jan. 13), 888 said that the pro forma [...]

1 min read

YGAM named as ICE London charity partner

YGAM, the charity whose social purpose is to inform, educate and safeguard young people against gaming and gambling harms, has been named as the official charity partner of ICE London 2023.

Confirming the partnership, Clarion Gaming managing director Stuart Hunter commented: "We are delighted to welcome YGAM as our official charity [...]

3 mins read
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