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 [...]
Italian operator Lottomatica Group has reported a 17 per cent increase in revenue to €1.19 billion for the first nine months of 2023, buoyed by strong growth Online.
Benefiting from the acquisition of Betflag last December, total amounts wagers rose 34 per cent year-on-year to €21.7 billion, with Online seeing the [...]
China’s lottery sales increased by 52 per cent to RMB428.53 billion (€55.47 billion) in the first nine months of 2023, after September’s sales climbed to RMB52.77 billion.
Sales of the Welfare Lottery were up by 48 per cent to RMB18.21 billion in September, as instant win sales almost trebled to RMB6.32 [...]
London-listed betting and gaming operator Entain has appointed Amanda Brown as an independent non-executive director.
Brown will join the company’s board on 8 November and will also serve as a member of the remuneration committee.
She most recently served as chief human resources officer at insurance provider Hiscox, where she was a [...]
Lawmakers in the Netherlands have approved an increase in gambling tax as parliament goes into recess ahead of the general election later this month.
In this report, Gaming Intelligence examines the various parties’ policies on gambling and the reasoning for the new tax rate.
The proposal to raise gambling tax was introduced by Representative [...]
The Australian state of Queensland has introduced tougher new laws to increase scrutiny and improve the integrity of the state’s land-based casinos.
The proposed legislation by the Palaszczuk Government will increase regulatory scrutiny and require casinos to introduce specific measures to reduce gambling harm and combat money-laundering.
The reforms set out in [...]
Denmark’s gambling revenue fell by 2 per cent to DKK1.65 billion (€221.7 million) in Q3 2023, after September’s total declined by 3 per cent to DKK576.6 million.
Online casino gaming was the largest sector in Denmark during the third quarter as revenue increased by 6 per cent to DKK767.6 million.
Online slots [...]
Dutch gaming operator Janshen-Hahnraths Group has appointed Michiel Nubé as its new chief executive officer.
Nubé will replace long-serving CEO Jan Schiffelers, who confirmed in June that he would be stepping down after more than twenty years in the role.
Nubé takes over as CEO in January, and joins Janshen-Hahnraths from MediaMarkt [...]