London-listed betting and gaming operator Entain has confirmed that it has received a proposal from DraftKings to acquire the business.
In response to recent media speculation that DraftKings had made an offer of more than $20bn for its business, Entain’s board said only that the consideration would include a combination of [...]
Pennsylvania’s regulated betting and gaming market has recorded a 31 per cent increase in total revenue to $408.1m in August.
Total revenue was down 4 per cent compared to the previous month’s record $423.7m, with growth from the land-based casinos, iGaming and video gaming terminals offsetting a decline from sports betting [...]
Sports betting platform provider FSB has signed its first retail sportsbook deal in the United States through an agreement with slot route operator AG Trucano (AGT).
Subject to license approval, the agreement will see FSB’s self-service betting kiosks distributed across 11 AGT-operated casinos in Deadwood, South Dakota, with two of these [...]
New York-listed gaming and lottery supplier Scientific Games has named Connie James as chief financial officer (CFO).
James will begin her new role as executive vice president and CFO, Treasurer and corporate secretary on 15 October, taking over from current CFO Mike Eklund, who is stepping down to pursue other opportunities.
James [...]
New Jersey’s regulated betting and gaming market grew by 31 per cent in July as total gaming revenue reached $427.7m for the month.
With results a year ago impacted by operating restrictions and disruption to sports due to the Covid-19 pandemic, land-based casino win increased by 32 per cent year-on-year to [...]
Canadian provincial lottery operator Loto-Québec has seen total revenue soar by 155 per cent to CAD$401.3m in the first quarter of its 2021/22 fiscal year, with most of its operations closed a year ago due to the pandemic.
Compared to the first quarter of 2019/20 prior to the Covid-19 outbreak, revenue [...]
Michigan’s three commercial casinos in Detroit have reported total aggregate revenue of $113.8m for the month of August.
Retail betting and gaming revenue rose by 62 per cent year-on-year, but fell by 3 per cent compared to the previous month, with table games and slots revenue amounting to $112.2m and retail [...]
New York-listed International Game Technology (IGT) has signed a new instant ticket services contract with Germany’s Westdeutsche Lotterie (WestLotto).
The agreement will see IGT provide instant ticket production and services to WestLotto, which has been working with the supplier for the past 13 years.
The lottery will also gain additional marketing support [...]
Athens-listed lottery and gaming solutions provider Intralot has reported a 34 per cent rise in group turnover to €202.6m in the first half of 2021, with sports betting in the comparable period last year negatively impacted by the Covid-19 pandemic.
After seeing solid growth during the first quarter of 2021, Intralot’s [...]
Lottery and gaming operator Sazka Group has seen second quarter net gaming revenue climb by 177 per cent to €449.1m following the resumption of retail operations in Austria and Greece.
The company benefited from the uninterrupted operation of its retail lottery businesses in Austria and the Czech Republic, although Austrian casino [...]
London-listed 888 Holdings has agreed a deal with Caesars Entertainment to acquire the non-US business of William Hill at an enterprise value of £2.2bn.
The acquisition will be effected by means of a reverse takeover and is expected to deliver pre-tax cost synergies of approximately £10m in 2022, rising to around [...]
Athens-listed lottery and gaming operator OPAP has reported a 12 per cent increase in first half gross gaming revenue (GGR) to €570.1m, with its growing online casino business contributing €96.0m to the total.
The company enjoyed a strong performance during the second quarter as GGR soared 120 per cent year-on-year to [...]