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Everi acquires Historical Horse Racing Games developer Intuicode

New York-listed gaming supplier Everi Holdings has acquired historical horse racing games developer Intuicode Gaming for up to $27m. 

The acquisition will provide Everi with additional Historical Horse Racing expertise as it prepares to enter the expanding HHR market in the United States.

Everi will make an initial payment of $12.5 million to [...]

1 min read
Flutter Entertainment

Flutter Entertainment benefits from US growth in Q1

Flutter Entertainment’s first quarter revenue increased by 5 per cent year-on-year to £1.57bn, with growth across gaming and sports betting.

Sports revenue climbed by 4 per cent to £930.0m in the first quarter of 2022, with Gaming revenue 8 per cent higher than the same period a year ago at £636.0m.

The [...]

1 min read
Caesars Entertainment

Online segment weighs on Caesars’ performance in Q1

Caesars Entertainment has reported a 20.9 per cent increase in revenue to $2.92bn for the first quarter of 2022, despite a weak performance by Caesars Digital.

Caesars’ Las Vegas segment grew revenue by 83.9 per cent to $914m, while the Regional segment saw revenue climb 13.5 per cent year-on-year to $1.36bn. [...]

1 min read

Australian Capital Territory to cut stake limits on poker machines

The state government of the Australian Capital Territory (ACT) plans to introduce a central monitoring system and lower stake limits on poker machines in a bid to reduce gambling harm. 

The ACT government plans to introduce a AUD$5 bet limit and $100 credit limit for poker machines, with minister for gaming [...]

1 min read
MGM Resorts

MGM Resorts buoyed by Aria and Vdara in Q1

New York-listed MGM Resorts International has reported a 73 per cent increase in revenue to $2.85bn for the first quarter of 2022, with growth driven by the inclusion of the operating results of Aria and Vdara following their consolidation in September 2021.

Results improved versus the first quarter of 2021 when [...]

1 min read

Nevada gambling market grows to $1.36bn in March

Nevada’s regulated gambling market saw total gaming win increase by 27 per cent to $1.36bn in March 2022, just below the record monthly high set last July.

The strong growth in March marks the 13th consecutive month that the state’s casinos generated more than $1bn in gaming win.

Slot Machines continued to [...]

1 min read

Gambling activity in Britain remains below pre-pandemic levels

The number of people gambling in the United Kingdom continues to fall below pre-pandemic levels according to the latest data from the Gambling Commission, with the impact of the pandemic resulting in marginally more online gamblers in the past four weeks versus retail gamblers.

The survey data shows that overall participation [...]

1 min read
Boyd Gaming

Record first quarter for Boyd Gaming as revenue reaches $860.7m

New York-listed casino operator Boyd Gaming has reported a 14 per cent increase in revenue to $860.7m for the first quarter of 2022, buoyed by record results from its Las Vegas Locals and Midwest & South segments.

The Midwest & South remains Boyd’s biggest region as Q1 revenue increased by 6 [...]

1 min read
Svenska Spel

Svenska Spel posts 3% revenue decline in first quarter

Swedish gaming operator Svenska Spel has endured a challenging start to 2022 as revenue and earnings were negatively impacted by new weekly iGaming deposit limits introduced in January.

Total first quarter net gaming revenue (NGR) fell by 3 per cent versus a year ago to SEK1.94bn, with declines in Svenska Spel’s [...]

1 min read

Holland Casino generates online revenue of €40.4m in 2021

Dutch state-owned gaming operator Holland Casino has reported a 9 per cent drop in gross revenue to €304.2m in 2021, despite generating €40.4m in revenue from its newly launched iGaming operations.

Revenue from land-based casino operations fell by 21 per cent to €263.8m compared to the previous year, during which venues [...]

1 min read
Rank Group

Rank Group lowers full year earnings guidance as UK venues struggle

Shares in Rank Group fell by more than 8 per cent in London Thursday morning after the casino and bingo operator cut its earnings forecast for the current financial year.

Rank lowered its previously estimated earnings before interest and taxation (EBIT) to £47m-£55m for the year ending 30 June 2022, down [...]

1 min read

Online gaming and retail slots drive revenue growth in Pennsylvania

Pennsylvania’s regulated gambling market set a new revenue record in March as online casino gaming and casino table games revenue hit all-time highs.

The record revenue of $462.74m in March eclipsed the previous monthly high of $432.49m set in November 2021, as the market benefited from growth across all products except [...]

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