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MGM Resorts

Las Vegas growth takes MGM Resorts’ revenue past $13bn mark

New York-listed casino and sportsbook operator MGM Resorts has reported a 36 per cent increase in full year consolidated net revenue to $13.1bn in 2022, driven by strong growth at Las Vegas casino properties.

The year-on-year growth was driven by the inclusion of results from The Cosmopolitan since May, a full [...]

1 min read
Svenska Spel

Svenska Spel full year revenue tops SEK8bn but declines 1%

Swedish gaming and lottery operator Svenska Spel has reported a 1 per cent drop in net gaming revenue (NGR) to SEK8.04bn in 2022, with nearly half of the total generated online.

The full year decline followed a 2 per cent drop in NGR to SEK2.18bn during the final quarter of the [...]

1 min read

Wynn Resorts posts flat revenue of $3.76bn in 2022

Wynn Resorts has reported a marginal drop in full year revenue to $3.76bn after fourth quarter revenue fell by a 5 per cent.

Revenue in in the fourth quarter of 2022 fell to $1.0bn as casino revenue declined by 18 per cent year-on-year to $423.2m, partially offset by a 14 per [...]

1 min read
Catena Media

Catena Media begins search for new CFO

Stockholm-listed online gaming affiliate Catena Media has commenced a search for a new chief financial officer.

The company is seeking to recruit a replacement for incumbent CFO Peter Messner, who has announced his intention to step down within the next six months to pursue a career outside the gaming industry.

“Given our [...]

1 min read

Sisal expands in Morocco with new sports betting contract

Flutter Entertainment’s Sisal subsidiary has been selected as the sole operator of sports betting in Morocco.

The eight-year sports betting concession from La Marocaine des Jeux et des Sports (MDJS) is expected to become operational in January 2024, making Sisal the operator of online and retail sports betting in Morocco.

“We are [...]

2 mins read
Digitain

Digitain appoints Iain Hutchison as chief revenue officer

Sportsbook and casino platform provider Digitain has appointed former Genius Sports executive Iain Hutchison as chief revenue officer.

Hutchison brings with him over 20 years of experience in building and scaling successful technology start-ups in sports betting, digital marketing, live trading and sports betting affiliates.

He previously served more than fifteen years [...]

1 min read
Kindred Group

Strong Q4 growth for Kindred Group but full year revenue drops to £1.07bn

Stockholm-listed betting and gaming operator Kindred Group has reported a 15 per cent fall in total revenue to £1.07bn for 2022, despite posting a 25 per cent increase in revenue during the final quarter of the year.

Revenue in Q4 grew to £305.5m, with gross winnings revenue from B2C operations climbing [...]

1 min read

DAZN agrees long-term NFL live streaming deal

Sports entertainment group DAZN has entered into a long-term agreement to deliver live streams of every NFL game to sports fans around the world.

The ten-year agreement with the NFL will provide fans outside the United States with live viewing of every NFL game (regular season, postseason, and Super Bowl), and [...]

2 mins read

Ohio gaming revenue tops $1bn in 2022

Land-based gaming revenue in Ohio’s four full-service casinos increased by 2 per cent to $1.01bn in 2022, after December contributed revenue of $83.8m.

Revenue in the final month of the year was down by 1 per cent, with slight year-on-year revenue declines for both table gaming ($24.9m) and slots ($58.9m).

For the [...]

1 min read
Arizona

Arizona sports betting handle rises 32% in November

Arizona reported sports wagering of $616.9m in November from its licensed operators, a year-on-year rise of 32 per cent.

November's performance was the second consecutive month with wagering above $600m in the state.

Arizona Department of Gaming director Ted Vogt commented: “It is exciting to see a second consecutive month of over [...]

1 min read
bet365

bet365 expands live streaming with Infront Bettor

bet365 is expanding its live streaming portfolio through a partnership with Infront Bettor.

The global partnership allows bet365 to distribute 18,000 hours of content from over 30 rights holders to more than 80 million customers around the world.

This includes content from the English Carabao Cup, Coupe de France, Turkish Superlig and [...]

2 mins read

Unibet named NHL’s first partner in Sweden

Kindred Group’s Unibet brand has been named as an official partner of the NHL in Sweden.

The multi-year agreement gives Unibet access to marketing rights and tailored content for use across the company's digital betting offerings as the NHL’s first partner in Sweden.

“I am very proud and happy that Unibet is [...]

2 mins read
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