New York-listed gaming technology supplier and operator GAN has secured a US$30m term loan from California-based investment firm Beach Point Capital Management.
The $30m private credit investment will enable GAN to fund the growth of its existing B2B business and implement its previously announced $5m share buyback programme.
This follows the recent [...]
Nevada’s regulated gambling market saw total gaming win increase by 27 per cent to $1.36bn in March 2022, just below the record monthly high set last July.
The strong growth in March marks the 13th consecutive month that the state’s casinos generated more than $1bn in gaming win.
Slot Machines continued to [...]
London-listed Gaming Realms has signed a deal with Relax Gaming to develop a Slingo version of Relax’s hit casino game Money Train.
The deal expands on the two companies’ existing agreement that sees Relax distribute Gaming Realms’ Slingo titles across its network.
“We have worked successfully with Relax Gaming since 2019, so [...]
London-listed betting and gaming operator Flutter Entertainment has strengthened its board of directors with the appointment of former Eir chief executive Carolan Lennon.
Lennon will take on the non-executive role from 1 July, when she takes up a new role as Country Leader at Salesforce Ireland.
She mostly recently served as CEO [...]
New York-listed Churchill Downs Incorporated (CDI) has reported a 12 per cent increase in net revenue to a record $364.1m for the first quarter of 2022, despite a decline in its TwinSpires wagering business.
The year-on-year revenue growth was driven by a 16 per cent increase in net revenue from CDI’s [...]
Casino games developer RAW iGaming has signed its first major deal, partnering with Gamesys to provide games to the operator's B2C brands including Virgin Games, Jackpotjoy, Bally Bet, Rainbow Riches Casino and Vera & John.
RAW iGaming was launched at end of 2021 by the team behind Videoslots and has quickly [...]
Malta-based iGaming supplier and operator Soft2Bet will launch its services in Ireland for the first time after securing approval from the Irish Revenue Commissioners.
Soft2Bet’s entry into the regulated Irish iGaming market continues the operator’s recent European expansion and follows its licence approval in Denmark earlier this year.
“Soft2Bet is absolutely delighted [...]
Swedish betting and gaming operator AB Trav och Galopp (ATG) has matched last year’s record performance after posting net gaming revenue (NGR) of SEK1.27bn for the first quarter of 2022.
First quarter NGR remained at the same level as last year, with Online NGR climbing 3.5 per cent to SEK1.06bn, offsetting [...]
Stockholm-listed casino supplier Evolution has reported a 39 per cent increase in revenue to €326.8m for the first quarter of 2022, benefiting from strong growth in Asia and North America.
In a strong start to the year, revenue from live casino games rose 44 per cent to €264.5m in Q1, with [...]
Evolution-owned Red Tiger has expanded its games portfolio with the launch of Dragons Clusterbuster.
The new dragon-themed slot includes fantastical features, swooping dragons, and a prize-giving Clusterbuster mechanic.
All the features in the game are initially locked, with players having to hatch the Dragon Egg in the middle of the reels to [...]
Bragg Gaming’s ORYX Gaming subsidiary has agreed a deal to power Betnation’s new iGaming platform in the Netherlands.
ORYX will provide its player account management (PAM) platform and exclusive content to Betnation.nl, which is expected to go live later this year.
“Bragg continues to be the supplier of choice for operators as [...]
Casino supplier Light & Wonder has expanded its OpenGaming platform in the United States through a new landmark aggregation deal with Konami Gaming.
The agreement sees a wide selection of Konami’s online games made available on the OpenGaming platform for players in Michigan, Pennsylvania and New Jersey.
Barstool Sports players in Michigan [...]