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VGT/VLT News

Online takes Lottomatica revenue past €820 million in H1 2023

Italian betting and gaming operator Lottomatica has reported a 20 per cent increase in revenue to €820.1 million for the first half of 2023, driven by strong growth from its Online business.

Total amounts staked climbed 34 per cent year-on-year to €14.57 billion during the half year period, with the acquisition [...]

1 min read

Novomatic Africa names Chantel Crossley as co-managing director

Novomatic’s African subsidiary has restructured its management team with the appointment of Chantel Crossley as co-managing director of Novomatic Africa.

Crossley takes over from Sonya Nikolova, who has served as a member of the Novomatic Africa board for the past seven years, but has decided to move back to Europe to [...]

2 mins read

Crown Resorts looks to improve gambling harm prevention initiatives

Sydney-listed casino operator Crown Resorts has introduced Crown PlaySafe, a new initiative to reduce gambling harm across its Australian resorts.

The plan forms part of the company’s Future Crown transformation program and aims to broaden the company’s focus from identifying and supporting those experiencing gambling harm to prevent problem behaviour from [...]

1 min read
Boyd Gaming

Online drives Boyd Gaming second quarter revenue growth

US casino operator Boyd Gaming has reported a 2.5 per cent increase in revenue to $917.0 million for the second quarter of 2023, with growth from its Online business offsetting a decline from its Las Vegas operations.

The company attributed the Las Vegas decline to high comparables in the prior year [...]

1 min read
MGM Resorts

MGM Resorts names new chief customer and innovation officer

New York-listed betting and gaming operator MGM Resorts International has appointed Daniel Yang as chief customer and innovation officer.

In the newly created role, Yang will lead the company's global consumer success strategy, with a focus on maximizing growth and profitability.

He joins MGM Resorts from Aristocrat Leisure, where he served as [...]

2 mins read
Churchill Downs

Record second quarter for Churchill Downs Incorporated

Churchill Downs Incorporated (CDI) has posted record results for the second quarter of 2023 as net revenue increased by 32 per cent to $768.5 million.

The strong Q2 growth was driven by a record performance from CDI’s Live and Historical Racing segment, where revenue increased 48 per cent to $408.0 million.

The [...]

1 min read

UK Government launches public consultations on gambling regulation

The UK Government has today launched public consultations on stake limits for online slots and other proposals from the recent gambling white paper.

The public consultations are the next step in the government’s plan to bring gambling legislation up to date with market and technological developments.

“Three months ago we laid out [...]

1 min read

Century Casinos completes acquisition of Rocky Gap Casino in Maryland

New York-listed casino operator Century Casinos has completed the acquisition of Rocky Gap Casino Resort in Maryland from Golden Entertainment for $56.1 million.

Simultaneous with the closing of the transaction, which was initially agreed nearly a year ago, an affiliate of VICI Properties has acquired a related interest in the land [...]

2 mins read
888 Holdings

888 appoints Per Wideström as CEO

888 Holdings has named Per Widerström as the company’s next chief executive officer.

Widerström will assume his new role on 16 October, at which time Lord Mendelsohn will return to the role of non-executive chair, having led the business since the departure of former CEO Itai Pazner in January of this [...]

3 mins read

PAGCOR targets further revenue growth with new online casino

The Philippine Amusement and Gaming Corporation (PAGCOR) has unveiled plans to launch its own online casino operations next year, as the state-owned gambling regulator reported a 36 per cent increase in first half revenue to P36.2 billion (€598.3 million).

The strong revenue performance for the first half of 2023 was just [...]

1 min read

Codere continues to expand senior leadership team

Codere has continued its recent restructuring with the appointment of Sonia Carabante as corporate director of commercial strategy and business projects.

Carabante brings more than 25 years of international experience to the European and Latin American-facing betting and gaming operator, including more than 14 years’ service with rival operator CIRSA.

Prior to [...]

1 min read
Toronto, Ontario

AGCO names Dave Forestel as new chairman

The Alcohol and Gaming Commission of Ontario (AGCO) has appointed iGaming Ontario chair Dave Forestell as its new chairman.

Forestell has served on the AGCO board since December 2018 and replaces Lalit Aggarwal, who stepped down as chair last week.

Forestell had also been presiding as chair of iGaming Ontario, a subsidiary [...]

1 min read
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