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Playtika promotes Erez Rachmil to CTO role

New York-listed social gaming operator Playtika has promoted Erez Rachmil to its executive team to serve as chief technology officer.

Rachmil has been with Playtika for seven years, joining the operator as an IT director and most recently serving as senior vice president of research and development for Playtika’s casual games [...]

1 min read

Playstudios moves closer to New York listing

Social casino operator Playstudios has moved a step closer to becoming a publicly-listed company after shareholders of special purpose acquisition company Acies Acquisition Corp. approved their proposed merger.

Playstudios entered into a definitive merger agreement with Acies in February of this year, with 97 per cent of votes cast by Acies [...]

1 min read

Z Capital’s Affinity Gaming and SIG to merge to create Affinity Interactive

Private equity firm Z Capital Partners has confirmed the merger of two of its affiliate companies, Affinity Gaming and Sports Information Group (SIG), to capitalize on sports betting and iGaming market opportunities across the United States.

The merger will establish a new entity, Affinity Interactive, combining Affinity Gaming’s regional casino operations [...]

1 min read

Aristocrat posts first half revenue decline despite strong Digital growth

Sydney-listed supplier and social casino operator Aristocrat Leisure has reported a 1 per cent drop in revenue to AUD$2.23bn for the six month period ended 31 March 2021.

The revenue decline was attributed to Covid-19 restrictions during the period, as well as foreign exchange headwinds. On a constant currency basis, revenue [...]

1 min read

Playstudios posts first quarter revenue and profit growth

Social gaming operator Playstudios has reported a 27 per cent increase in first quarter revenue to $74.1m.

The year-on-year revenue growth was attributed to the performance of its core portfolio of games and additions to the myVEGAS Slots app, such as the Shaquille O’Neal-themed SHAQ9 game, as well as the launch [...]

1 min read

Playtika raises full year guidance as Q1 revenue grows 20%

New York-listed Playtika has reported a 20 per cent increase in revenue to $638.9m in a strong first quarter for the social gaming operator.

The company enjoyed strong growth from its Bingo Blitz game, which grew revenue by 40 per cent year-on-year, while revenue from its casual gaming portfolio increased by [...]

1 min read
Scientific Games

Scientific Games reduces loss on Q1 revenue growth

Scientific Games grew first quarter revenue by 0.6 per cent to $729m, despite the continued impact of Covid-19 restrictions on its land-based gaming business.

The company benefited from double-digit growth from its Lottery, SciPlay and Digital businesses during the first quarter of 2021, which offset a 23 per cent decline in [...]

1 min read
SciPlay

SciPlay revenue climbs despite fall in active users

New York-listed social gaming operator SciPlay has reported a 28 per cent increase in revenue to $151.1m in the first quarter of 2021.

Mobile revenue rose 31 per cent year-on-year and represented 88 per cent of revenue during Q1, boosted by a 37 per cent increase in average revenue per daily [...]

1 min read

theScore out on top as gaming shares climb in Q1 2021

It was a solid first quarter of the year for industry stakeholders as the combined value of shares in the leading operators and suppliers increased by 9 per cent during Q1 2021.

Among the 50 publicly-listed operators and suppliers which make up the Gaming Intelligence stock list, 39 saw the value [...]

1 min read

Rush Street Interactive tops GIQ20 ranking of fastest growing companies

Most of the betting and gaming industry’s fastest growing companies owed their places in the GIQ20 to the US market, but some of the big beasts suffered as a result of the Covid-19 pandemic.

Rush Street Interactive tops the GIQ20 by a mile with an astonishing 337 per cent rise in [...]

1 min read
GAN

GAN brings in Robert Shore to head up investor relations

New York-listed iGaming technology provider GAN has appointed Robert Shore to the newly created role of vice president of investor relations and capital markets.

Shore brings more than 15 years of experience in corporate finance, investor relations, and Wall Street research to the role and will lead GAN’s investor relations and [...]

2 mins read
GAN

GAN swings to loss despite 2020 revenue growth

New York-listed gaming technology provider GAN has reported a 17 per cent increase in revenue to $35.2m in 2020, with higher costs resulting in a loss of $20.2m for the year.

The year-on-year revenue growth was driven by an improvement in recurring revenue-oriented services including its B2B real-money gaming business and [...]

1 min read
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