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BetMGM Las Vegas Sportsbook

Strong year for BetMGM as 2022 revenue tops $1.4bn

US sports betting and gaming operator BetMGM has provided an update on its recent strong financial performance and expects to post net revenue of $1.44bn for 2022.

BetMGM finished the year with net revenue ahead of its previous guidance of $1.3bn, benefiting from same-state growth from digital operations of 51 per [...]

3 mins read

Fast Track enhances CRM iGaming platform with Greco integration

Malta-based CRM specialist Fast Track is looking to further improve player segmentation and bring efficiency to operators through an integration with gameplay risk management platform Greco.

The integration enables Fast Track partners to utilise Greco to facilitate behavioural risk-based segmentation, automating player communications that can deter players at the first sign [...]

2 mins read

Greentube acquires 80% stake in long-term partner Ineor

Novomatic’s iGaming division Greentube has continued its recent M&A spree with the acquisition of Slovenian iGaming software developer Ineor.

Greentube has acquired an 80 per cent majority stake in the Ljubljana-based supplier, a long-term technology partner of Greentube for online gaming and sports betting.

“This acquisition is a fantastic one as we [...]

2 mins read
Las Vegas Sands

Las Vegas Sands posts Q4 revenue growth despite Macao struggles

New York-listed casino operator Las Vegas Sands has posted an 11 per cent increase in net revenue to $1.12bn for the final quarter of 2022, with travel restrictions and reduced visitation to casinos in Macao continuing to impact results.

Net revenue from the company’s combined Macao operations declined by 32 per [...]

1 min read

New York commercial casino gaming revenue rises 10% in 2022

Commercial casino gaming revenue from New York state’s four full-service casinos grew by 10 per cent to $690.5m in 2022.

Resorts World Catskills was the market leader by revenue at $228.8m, which was a 33 per cent share, and an increase of 10 per cent on 2021.

Rivers Casino held a [...]

1 min read

GeoComply secures new investment to support expansion plans

Geolocation security provider GeoComply Solutions has secured minority investments by funds managed by Norwest Venture Partners and Arctos Sports Partners to support its expansion into new verticals and further growth in core markets.

The investments will help GeoComply accelerate its expansion into Financial Services and Media Rights Management through its Ground [...]

1 min read

Netherlands gambling regulator fines Jacks.nl for marketing breaches

Malta-based online gaming operator JOI Gaming has been fined by the Netherlands gambling regulator for sending marketing messages to players aged 18 to 24.

The operator has been fined €400,000 by Dutch regulator Kansspelautoriteit (KSA) for marketing messages sent between December 8, 2021 and March 7, 2022, promoting the Jacks.nl online [...]

1 min read

Parimatch establishes new GR8 Tech B2B business

Eastern European-facing gaming operator and platform solutions provider Parimatch has established a new B2B division, GR8 Tech.

Headed up by Evgen Belousov, GR8 Tech is the successor to Parimatch Tech, which has been developing the platform and marketing solutions for the Parimatch B2C brand since 2021.

GR8 Tech can provide full tech [...]

2 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

Octoplay unveils second in-house studio Penguin King

Newly established casino games supplier Octoplay has unveiled its second in-house studio, Penguin King, which will focus on cash games.

Penguin King's first game, Salmon King, has been developed using Octoplay's technology and will be distributed on its proprietary Remote Games Server.

The studio will join Super Hippo under the Octoplay umbrella, [...]

1 min read
Deadwood, South Dakota

South Dakota gambling market struggles in December

South Dakota’s gambling sector ended 2022 on a downbeat note as December wagers fell by 18 per cent to its lowest level of the year at $90.9m.

Slot machine handle fell by 18 per cent compared to a year ago to $83.9m, while table game wagering was down by 11 per [...]

1 min read

AGS expands Caesars’ deal in New Jersey and Pennsylvania

New York-listed gaming supplier PlayAGS has expanded its partnership with Caesars Sportsbook & Casino in New Jersey and Pennsylvania.

Caesars Sportsbook & Casino players in New Jersey and Pennsylvania will have access to more than 30 proven land-based slot games from AGS' interactive library, including Capital Gains, Rakin' Bacon!, Gold Wins [...]

2 mins read
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