Sydney-listed gaming supplier Ainsworth Game Technology has reported a 20 per cent increase in revenue to AUD$143.6 million for the first six months of 2023, buoyed by growth in the Americas.
The company benefited from strong momentum from international markets as revenue increased by 29 per cent year-on-year to $125.7 million, [...]
PointsBet Holdings has posted a consolidated net loss of AUD$276.3 million for the financial year ended 30 June, despite seeing net win climb 26 per cent to $391.1 million.
Across all regions, total sports betting net win rose by 16 per cent to $335.8 million during the year, while iGaming net [...]
Australian and US sports betting operator BlueBet Holdings has posted a 1 per cent drop in net win to AUD$53.9 million for the financial year ended 30 June.
Turnover increased by 5 per cent during the year to $536.6 million, with Australian turnover climbing 3.5 per cent compared to the previous [...]
Gambling revenue in Nevada was at an all-time high of $1.4 billion in July, with strong results across both gaming tables and slot machines.
Baccarat revenue grew by 40 per cent to $193.3 million in July, helped by a high win margin of 23.5 per cent.
Revenue from Twenty One was down [...]
Sydney-listed sports betting technology provider BetMakers Technology Group has reported a 4 per cent increase in revenue to AUD$95.0 million for the year ended 30 June.
The company’s biggest segment, Global Tote, saw revenue fall by 4 per cent to $45.2 million during the year, while Global Betting Services revenue increased [...]
The Netherlands Gambling Authority is threatening to impose a fine of up to €75,000 on Malta-based NetX Betting for serving players in the Netherlands without a local licence.
NetX Betting is accused of targeting its pferdewetten.de. website at players in the Netherlands and was notified in March of the gambling regulator's [...]
Australian wagering operator Tabcorp has reported a 2 per cent increase in revenue for the financial year ended 30 June 2023.
Revenue in FY22/23 was 2 per cent higher year-on-year at AUD$2.43 billion, driven by a 1.9 per cent improvement in Wagering revenue to $1.76 billion.
Media and International revenue added a [...]
TAB New Zealand has confirmed that Mark Stewart will be stepping down at the end of the month after two years as chair, to be replaced on an interim basis by Anna Stove.
Stewart was appointed chair of TAB NZ at the start of the 2021/22 financial year and was instrumental [...]
Churchill Downs Incorporated (CDI) has strengthened its senior leadership team with promotions for Betsy Janes and Justin Paul.
The internal promotions have seen Janes appointed senior vice president of government relations, with Paul assuming the role of senior vice president of operations.
Janes will continue to lead the development and implementation of [...]
Churchill Downs Incorporated (CDI) has completed its previously announced acquisition of Florida-based historical horse racing business Exacta Systems.
Following an initial agreement last December, CDI has paid a total consideration of $250 million to acquire the business, subject to certain working capital and other purchase price adjustments.
Through its ownership of Colonial [...]
Swedish betting and gaming operator AB Trav och Galopp (ATG) has posted a 2 per cent drop in net gaming revenue (NGR) to SEK2.54 billion in the first half of 2023, despite returning to growth during the second quarter.
The first half year-on-year decline was driven by an 8 per cent [...]
Britain’s leading problem gambling support organisation GamCare has appointed D’Arcy Myers as interim CEO.
Myers is a highly experienced independent charity consultant with expertise in strategic development and change processes in not-for-profit organisations.
A charity CEO for twelve years, he has successfully led a number of charities through periods of change including [...]