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DoubleDown Interactive

DoubleDown returns to profit as iGaming drives Q4 revenue growth

DoubleDown Interactive has reported a 9 per cent increase in revenue to $83.1 million for the final quarter of 2023, benefiting from the first contribution from its newly acquired SuprNation iGaming business.

SuprNation contributed revenue of $4.3 million following its acquisition on 31 October. Excluding this, DoubleDown’s Q4 revenue was up [...]

1 min read

Evolution acquires social streaming provider Livespins

Evolution has agreed to acquire B2B social streaming game provider Livespins for a total up-front cash consideration of €5 million.

Livespins will be available for integration into an operator’s casino lobby via Evolution’s One Stop Shop (OSS), allowing multiple players to place a bet to team up and “bet behind” the [...]

1 min read

Continent 8 Technologies adds Dave Phillips to leadership team

Continent 8 Technologies has named long-serving Google executive Dave Phillips as its new vice president of network.

Phillips spent nearly 15 years at Google in a range of leadership roles across engineering, operations, delivery and product teams.

At Continent 8, he will oversee the company’s global network of more than 100 data [...]

2 mins read

SharpLink sells SportsHub fantasy sports and free-to-play businesses

SharpLink Gaming has sold its SportsHub fantasy sports and free-to-play game development businesses to RSports Interactive for $22.5 million.

SharpLink only acquired the SportsHub business just over a year ago, but said that the sale would significantly reduce its operating expenses and help the company achieve positive cash flow from its [...]

1 min read

Golden Matrix widens loss despite record revenue in FY23

Las Vegas-based Golden Matrix Group has reported a 23 per cent increase in revenue to a record $44.2 million for the fiscal year ended 31 October 2023.

The company’s B2C operations contributed $28.5 million in revenue, with a further $15.6 million generated from B2B.

Within the B2C segment, RKings Competitions had over [...]

1 min read

GLI names new vice presidents of engineering

Gaming Laboratories International (GLI) has strengthened its global leadership team with new promotions for Ginnie Hollis and Samantha Powell.

Hollis (pictured left) will be based in GLI’s Colorado office in the United States and will focus on the support and development of teams, regulators, suppliers and operators in the digital gaming [...]

2 mins read

PAGCOR grows revenue to record high €4.68 billion in 2023

State-owned gaming regulator and operator Philippine Amusement and Gaming Corporation (PAGCOR) has reported a 33 per cent increase in gross gaming revenue to a record PHP285.27 billion (approx. €4.68 billion) for 2023.

The record GGR performance is 11 per cent higher than the previous record of PHP256.49 billion set in 2019 [...]

1 min read

Light & Wonder appoints Michael Marchetti to Board

New York-listed casino games provider Light & Wonder has expanded its Board with the appointment of Michael Marchetti as an independent director.

Marchetti currently serves as chief financial officer of education technology innovator Age of Learning, and has served on SciPlay’s Board since 2019.

Light & Wonder acquired the remaining public shares [...]

2 mins read

Indonesian government cracks down on online gambling

The Indonesian government is cracking down on online gambling after an increase in gambling advertising across various digital platforms, including Meta and YouTube.

Minister for Communication and Information Budi Arie Setiadi confirmed that the government had succeeded in cutting off access to a significant amount of online gambling content during [...]

1 min read
Canada

Canadian Gaming Association elects two new board members

The Canadian Gaming Association (CGA) has elected BetMGM’s Scott Woodgate and Aristocrat’s Kurt Gissane to its Board of Directors.

The appointments follow the CGA’s Annual General Meeting earlier this month, with the new additions bringing the Board to twenty members.

Woodgate currently serves as vice president of BetMGM Canada, while Gissane is [...]

3 mins read

Charles Mizzi appointed CEO of Malta Gaming Authority

The Malta Gaming Authority (MGA) has named Charles Mizzi as its next chief executive officer.

Mizzi will succeed Carl Brincat, who is stepping down at the end of January after three years in the role.

Mizzi joins the MGA following a five-year tenure at Residency Malta Agency, the government entity responsible for [...]

2 mins read

PokerStars’ Vegas Infinite partners Capcom’s Street Fighter

PokerStars is introducing new brands into its Vegas Infinite (formerly PokerStars VR) social casino game through a multi-year partnership with Capcom’s Street Fighter.

The agreement will see the Street Fighter game officially enter the Vegas Infinite universe, giving players the chance to transform their avatars and become their favourite characters with [...]

2 mins read
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