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Rank Group

Rank Group returns to profit as Covid recovery continues

London-listed bingo and casino operator Rank Group has reported a 95 per cent increase in net gaming revenue (NGR) to £644.0m in the year to 30 June, with the retail segment reflecting a gradual recovery from the Covid-19 pandemic.

On a like-for-like basis, which removes the impact of club openings, closures, [...]

1 min read
Barstool Sportsbook Ameristar

PENN Entertainment to take full ownership of Barstool Sports

New York-listed racing and gaming operator PENN Entertainment has exercised its right to acquire all of the remaining shares in Barstool Sports.

PENN Entertainment (previously Penn National Gaming) had acquired a 36 per cent stake in the business in February 2020 for $161.2m, including call rights with respect to all of [...]

1 min read

Delaware iGaming wagers hit record $39.4m in July

Delaware’s three licensed iGaming operators enjoyed a record month in July as total wagers increased by 58 per cent year-on-year to $39.4m.

Delaware Park maintained its market leadership as iGaming wagers climbed 87 per cent to $16.8m in July 2022, with Bally’s Dover Casino recording a 40 per cent improvement to [...]

1 min read

New Jersey gambling market grows in July despite sports betting decline

New Jersey’s betting and gaming market grew by 7 per cent in July as revenue from casinos, racetracks and their partners reached $480.7m.

While sports betting revenue declined again, falling 18 per cent year-on-year to $45.0m in July, this was offset by an 8 per cent increase in land-based casino win [...]

1 min read
Casino Secret

Casino Secret new Online Gaming Partner of AS Monaco in Japan

Malta-licensed iGaming operator Casino Secret has clinched a multi-year partnership with French Ligue 1 football club AS Monaco.

Casino Secret will serve as the club's Official Online Gaming Partner in Japan, where AS Monaco has risen in popularity with the arrival of Japanese international Takumi Minamino.

The operator has been named AS [...]

3 mins read

Pariplay secures approval to launch iGaming content in Pennsylvania

NeoGames subsidiary Pariplay has secured its fourth license in the United States with approval as an interactive gaming manufacturer in Pennsylvania.

The license approval from the Pennsylvania Gaming Control Board (PGCB) allows Pariplay to provide proprietary and third-party games to licensed iGaming operators in the state via its Fusion iGaming platform.

The [...]

2 mins read

Raketech acquisitions drive Q2 revenue growth

Stockholm-listed gaming affiliate Raketech has reported a 28.6 per cent increase in revenue to €11.3m for the second quarter of 2022, with growth driven entirely by acquisitions.

The company said that its core portfolio of affiliation marketing assets delivered solid results during the period, despite challenging market conditions and a 4 [...]

1 min read

Entain agrees record £17m settlement for AML and social responsibility failings

London-listed Entain has agreed a £17m regulatory settlement with Britain’s Gambling Commission for social responsibility and anti-money laundering failures.

The gaming operator has also had additional conditions attached to its operating licence to ensure that a member of the board oversees an improvement plan, and that a third-party audit the business [...]

1 min read
Gaming Innovation Group

Gaming Innovation Group boosted by Sportnco acquisition in Q2

Stockholm-listed gaming supplier Gaming Innovation Group (GiG) has reported record results for the second quarter of 2022 as revenue increased by 37 per cent to €22.1m.

Benefiting from the recent acquisition of Sportnco, revenue from Platform and Sportsbook climbed 43 per cent to €7.3m in Q2, with seven new clients signed [...]

1 min read
GAN

GAN lowers full year guidance as revenue growth slows to 1.8% in Q2

Shares in New York-listed gaming supplier GAN fell by more than 20 per cent in after-hours trading as the company lowered its full year revenue guidance.

Reporting second quarter results Monday, GAN said that total revenue during the period amounted to $34.97m, an increase of 1.8 per cent year-on-year.

This was driven [...]

1 min read
Denmark

Danish betting and gaming market dips in June

Denmark’s licensed betting and gaming operators recorded a13 per cent increase in total gross gaming revenue (GGR) to DKK3.26bn (€438.4m) in the first half of 2022, despite posting a decline in June.

June GGR fell by 4.5 per cent compared to the same month last year to DKK507m, with the sports [...]

1 min read

Casino Association of New Jersey names Mark Giannantonio as president 

The Casino Association of New Jersey (CANJ) has elected Mark Giannantonio to serve as president of the trade organisation.

Giannantonio is president and CEO of Resorts Casino Hotel in Atlantic City and succeeds Joe Lupo, president of Hard Rock Hotel & Casino Atlantic City, who is relocating to Las Vegas to [...]

2 mins read
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