Social News

YGAM named as ICE London charity partner

YGAM, the charity whose social purpose is to inform, educate and safeguard young people against gaming and gambling harms, has been named as the official charity partner of ICE London 2023.

Confirming the partnership, Clarion Gaming managing director Stuart Hunter commented: "We are delighted to welcome YGAM as our official charity [...]

3 mins read

Playtika to lay off 15% of workforce

New York-listed social and casual gaming operator Playtika has confirmed that it will reduce its workforce by around 15 per cent as part of broader restructuring process.

The cuts will see around 600 employees let go, while the company will also wind down non-core initiatives and consolidate studios for “greater efficiency [...]

1 min read
FansUnite Entertainment

FansUnite founder Darius Eghdami steps down

Vancouver-based betting operator FansUnite Entertainment has confirmed the departure of founder and president Darius Eghdami.

Eghdami has been with the company for more than ten years, including CEO for eight years, but resigned this week to attend to personal matters unrelated to his tenure at FansUnite.

Since founding FansUnite, Eghdami has played [...]

2 mins read
Aristocrat Leisure

Aristocrat Leisure posts strong revenue and profit growth in FY22

Sydney-listed gaming supplier Aristocrat Leisure has reported an 18 per cent increase in revenue to AUD$5.57bn for the financial year ended 30 September, driven by growth across all business segments.

The company’s core Pixed United business, which comprises Product Madness, Plarium and Big Fish Games, saw revenue climb 5 per cent [...]

1 min read
Aristocrat Leisure

Aristocrat promotes Sally Denby to CFO

Sydney-listed gaming supplier Aristocrat Leisure has named Sally Denby as the company’s new chief financial officer.

Denby has been promoted to CFO after serving nine months as deputy CFO. She has been at Aristocrat for seven years in various senior finance leadership roles, and replaces Julie Cameron-Doe, who joined Wynn Resorts [...]

2 mins read

Record third quarter for SciPlay as revenue tops $170.8m

Social casino and casual gaming operator SciPlay Corporation has reported record results for the third quarter of 2022, as revenue increased by 17 per cent to $170.8m.

The strong revenue growth was driven by record quarterly results from social casino apps Jackpot Party Casino and Quick Hit Slots, as well as [...]

1 min read

Light & Wonder delivers strong third quarter revenue growth

New York-listed gaming supplier Light & Wonder has reported a 20 per cent increase in consolidated revenue to $648m for the third quarter of 2022, driven by growth across all business segments.

Gaming revenue rose by 24 per cent year-on-year to $419m, buoyed by a 47 per cent increase in Gaming [...]

1 min read

Playtika posts Q3 revenue growth despite social casino decline

New York-listed social and casual gaming operator Playtika has reported a 2 per cent increase in revenue to $647.8m for the third quarter of 2022, despite declining contributions from its social casino portfolio.

Social casino revenue fell by 10 per cent year-on-year to $292.1m, as declines from Slotomania and House of [...]

1 min read
Boyd Gaming

Boyd Gaming completes acquisition of Pala Interactive

New York-listed casino operator Boyd Gaming has completed its previously announced acquisition of iGaming technology supplier Pala Interactive.

The $170m acquisition from the Pala Band of Mission Indians will drive Boyd’s expansion in the online gaming market by giving the company a proprietary player account management system and online casino, poker, [...]

2 mins read

SciPlay names Jim Bombassei as CFO

New York-listed social gaming operator SciPlay has appointed Jim Bombassei as chief financial officer.

Bombassei will assume the role of CFO and company secretary on December 1, 2022, having served as executive vice president of investor relations at parent company Light & Wonder since January 2021.

“SciPlay’s objective is to become the [...]

2 mins read

Aristocrat Gaming appoints first chief innovation officer

Aristocrat Gaming has appointed veteran game designer Joe Kaminkow to the newly created role of chief innovation officer.

The appointment extends Kaminkow's long association with Aristocrat Gaming, dating back to his initial appointment as senior vice president of game development in 2013.

In his new role, Kaminkow will help drive innovation across [...]

2 mins read

Australia launches online gambling inquiry

The Australian government has launched an inquiry into online gambling and its impacts on people with gambling problems.

The House of Representatives Standing Committee on Social Policy and Legal Affairs will examine a number of issues, including the effectiveness of existing consumer protections aimed at reducing online problem gambling, the definition [...]

1 min read
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