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LeoVegas

LeoVegas sees German regulations limit growth in Q1

Shares in Stockholm-listed gaming operator LeoVegas were trading more than 10 per cent lower this morning after the company reported an 8 per cent increase in revenue to €96.7m for the first quarter of 2021.

The company said that first quarter revenue would have been 19 per cent higher than a [...]

1 min read
Intralot

Intralot sees 2020 revenue decline by 17%

Athens-listed gaming and lottery supplier Intralot has reported a 17 per cent fall in full year revenue to €364.8m in 2020, as results were negatively impacted by the Covid-19 pandemic.

Despite recording a 4 per cent improvement in revenue during the final quarter of the year, full year revenue declined to [...]

1 min read
PointsBet

PointsBet launches inaugural iGaming platform in Michigan

Sydney-listed sports betting operator PointsBet has gone live with its first iGaming offering in the United States with its launch in Michigan.

PointsBet has operated in the regulated Michigan gaming market since January when its launched its sports betting platform there, with its iGaming offering now live following approval from the [...]

2 mins read
Evolution

Evolution goes live in the UK with Entain’s Ladbrokes and Coral brands

Stockholm-listed Evolution Gaming is providing a range of online casino games to Entain’s leading UK-facing brands.

Entain currently works with Evolution in a number of major European and US gaming markets, with its Ladbrokes and Coral brands in the UK now also featuring casino games from the supplier.

This will be [...]

2 mins read
Gaming Innovation Group

Gaming Innovation Group first quarter revenue climbs 64%

Stockholm-listed Gaming Innovation Group (GiG) has reported a 64 per cent increase in first quarter revenue to €18.3m, buoyed by a record performance from its Media Services business.

Results include revenue from a platform client that GiG fully incorporates into its profit and loss statement, with this revenue partly offset by [...]

1 min read

888 forms M&A ‘hit squad’ in new London corporate hub

888 Holdings is set to embark on an ambitious new growth strategy with new chief strategy officer Vaughan Lewis forming a new corporate hub to execute the plan from London.

In an exclusive interview with Gaming Intelligence, Lewis laid out his three-pronged strategy to build the business through strategic and transformational [...]

1 min read
Caesars Entertainment

Caesars Entertainment revenue begins to recover in first quarter

William Hill’s new parent company Caesars Entertainment has reported a 16 per cent drop in same-store net revenue to $1.9bn in the first quarter of 2021.

After combining results of continuing operations with results of casino properties that were classified as discontinued but were not divested at the end of the [...]

1 min read
Aspire Global

Aspire Global shares hit new high after record Q1

Stockholm-listed gaming operator and supplier Aspire Global has announced another record quarterly performance as revenue increased by 43 per cent to €48.1m in the first quarter of 2021.

The company benefited from strong growth across all segments during the period, the acquisition of sportsbook provider BtoBet, and a particularly strong [...]

1 min read

Holland Casino selects Playtech as long-term iGaming partner

London-listed gaming technology supplier Playtech will serve as the long-term software and services partner of Holland Casino in the soon to regulate Netherlands iGaming market.

Playtech will provide its full turnkey multichannel technology and certain ancillary services to the state-owned casino operator, including its IMS platform and sports betting, online casino, [...]

3 mins read
mgm

San Manuel enter Nevada gaming market with Palms acquisition

The San Manuel Band of Mission Indians are entering Nevada’s gambling market with a deal to acquire the Palms Casino Resort in Las Vegas.

San Manuel will acquire the venue from Red Rock Resorts for $650 million in cash, with the transaction expected to complete later this year, subject to regulatory [...]

1 min read

British gross gambling yield rises in March as active players climb 17%

Britain's Gambling Commission has released new data showing the impact of Covid-19 restrictions on online gambling behaviour in March 2021, with gross gambling yield (GGY) climbing 4 per cent compared to the previous month.

With all land-based premises closed since December, data from operators covering approximately 80 per cent of the [...]

1 min read

Microgaming’s Mega Moolah sets new €19.4m payout record

A Belgian player on Napoleon Sports & Casino has won a record €19.4m payout on Microgaming’s Mega Moolah progressive jackpot.

The eight-figure sum marks the largest ever jackpot win on Microgaming’s Mega Moolah and surpasses the previous record payout of €17.9m in October 2015.

The jackpot was won on Microgaming’s Absolootly Mad: [...]

2 mins read
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