Flutter Entertainment grew revenue to more than £2.0 billion in the third quarter of 2023, driven by a strong performance in gaming.
The London-listed betting and gaming operator posted an 8 per cent increase in group revenue to £2,035 million in Q3, with the company’s growth rate rising to 13 per [...]
Britain’s Gambling Commission has appointed Nick Rust as the inaugural chair of its newly established Industry Forum.
Rust will serve as chair for a two-year term, having previously held prominent positions in the gambling and sport sectors, including a six-year tenure as CEO of the British Horseracing Authority.
The Industry Forum is [...]
Tokyo-listed Sega Sammy Holdings is set to enter the iGaming sector after signing a definitive agreement to acquire platform provider and operator GAN.
Sega Sammy will acquire GAN’s shares for $1.97 per share, equivalent to a premium of 121 per cent over the $0.89 closing price of GAN’s shares on Tuesday.
The [...]
New York-listed gaming supplier AGS has reported a 14 per cent increase in revenue to $89.4 million for the third quarter of 2023, with strong growth across all three of its business segments.
Revenue from the company’s core Electronic Gaming Machine (EGM) segment rose 14 per cent year-on-year to $81.9 million, [...]
Las Vegas-headquartered gaming supplier Galaxy Gaming has appointed Matt Reback as president and CEO to replace Todd Cravens.
Reback will commence his role next Monday and replaces Cravens, who is leaving the company after more than six years in charge.
Reback has served as founder and president of Atlanta-based Bravery Gaming since [...]
US casino operator Golden Entertainment has posted net income of $241.2 million for the third quarter of 2023, following the sale of its Rocky Gap Casino Resort and Montana distributed gaming businesses.
The sale of the two businesses also impacted third quarter revenue, which fell by 8 per cent compared to [...]
The Seminole Tribe of Florida will create over 1,000 new jobs at its land-based casinos through the launch of its expanded gambling offering next month.
The Seminole Tribe and Seminole Hard Rock plan to launch craps, roulette and sports betting at all six Seminole Casinos, as part of the Gaming Compact [...]
PENN Entertainment has reported a 24 per cent increase in revenue from its Interactive business to $196.3 million during the third quarter of 2023, as the operator prepares to transition its online sportsbook to the ESPN BET brand later this month.
Despite the strong Interactive performance, PENN recorded a marginal 0.3 [...]
New York-listed betting and gaming operator Bally’s Corporation has posted record results for the third quarter of 2023, as revenue increased by 9 per cent to $632.5 million.
The solid Q3 performance was driven by a 9 per cent rise in revenue from the company’s core Casinos & Resorts segment to [...]
Caesars Entertainment has reported a 4 per cent increase in net revenue to $2.99 billion for the third quarter of 2023, helping the operator to a record adjusted EBITDA of $1.04 billion.
The year-on-year growth was driven by a 4 per cent increase in net revenue from the company’s Las Vegas [...]
The Department for Culture Media and Sport (DCMS) has belatedly announced the appointment of seven new commissioners to Britain’s Gambling Commission.
Charles Counsell, Helen Dodds, Sheree Howard and Claudia Mortimore have been appointed for terms of five years, while Lloydette Bai-Marrow, Helen Philips and David Rossington have been appointed for terms [...]
New York-listed International Game Technology (IGT) has recorded a marginal increase in revenue to $1.065 billion for the third quarter of 2023, despite posting a decline from its lottery business.
Global Gaming revenue increased by 8 per cent year-on-year to $409 million in Q3, primarily driven by growth in the installed [...]