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VGT/VLT News

Nevada gambling revenue 11% higher in February

Total gambling revenue in Nevada was 11 per cent up in February at $1.24 billion, with slot machine revenue above $800 million for the 12th month in a row.

Slot machine revenue grew by 8 per cent year-on-year to $822.8 million, but only the multi denomination category of machines showed an [...]

1 min read

Light & Wonder names new managing director of gaming for Americas

New York-listed gaming supplier Light & Wonder has appointed Niaz Nejad as managing director of gaming for the Americas.

Nejad will join the supplier later this year, once her non-compete period ends, having most recently served as senior vice president and head of marketing for US and Canada for rival Aristocrat [...]

2 mins read
Deadwood, South Dakota

South Dakota gambling turnover grows 2 per cent in February

Total wagers in South Dakota increased by 2 per cent to $109.7 million in February, with all three sectors achieving year-on-year growth.

Slot machine handle was 2 per cent higher at $102.1 million. There were 1,979 '1 cent' machines in operation and they contributed $79.6 million (78 per cent) of handle. [...]

1 min read
Entain

Entain to continue funding Gordon Moody charity in the UK

London-listed betting and gaming operator Entain has agreed to provide £740,000 of funding for British charity Gordon Moody via its Entain Foundation.

The initial two-year Alumni Project will provide training and supervision skills through its peer mentor programme to former gamblers who have been treated by the charity and want to [...]

3 mins read

NCPG names new leadership for Advisory Board

The National Council on Problem Gambling (NCPG) has announced new leadership for its Advisory Board, with Christopher Hebert named chair and Martin Lycka as vice chair.

Marking a significant milestone in the organization’s leadership, new chair Herbert succeeds Stacy Shaw, who also serves as director of corporate social responsibility at the [...]

4 mins read
Flutter Entertainment

Flutter’s plans for additional US listing to be voted on at AGM

London-listed operator Flutter Entertainment will put a formal resolution to shareholders at next month’s Annual General Meeting (AGM), seeking approval to pursue an additional stock market listing in the United States.

Flutter announced last month that it would consult with shareholders on an additional US listing of the group's ordinary shares.

Having [...]

2 mins read

Arkansas sports wagers soar in February

Sports handle at Arkansas’ three casinos rose five-fold year-on-year in February to $29.5m, although it was below $30m for the first time since October.

Mobile sportsbooks contributed the bulk of the total in February with wagers of $24.9m, which was 5 per cent down on January and ended a six-month run [...]

1 min read

Virginia casino revenue grows to $38m in February

Land-based casino revenue in Virginia set another monthly record in February of $38.4 million, as the new Rivers Casino Portsmouth overtook Hard Rock Bristol.

The Rivers Casino reported revenue of $24.7 million in its first full month of operation, of which $17.1 million was derived from 1,420 slot machines and $7.5 [...]

1 min read

Ainsworth adds Novomatic deputy chairman to board of directors

Sydney-listed gaming supplier Ainsworth Game Technology (AGT) has expanded its board with the appointment of Haig Asenbauer as a non-executive director.

Asenbauer is currently a partner of Austrian law firm Asenbauer Rechtsanwaelte in Vienna, and also serves as deputy chairman on the supervisory board of Novomatic, AGT’s majority shareholder.

He will hold [...]

2 mins read
Playtech

Playtech revenue hits record €1.6bn in 2022

London-listed gaming technology provider Playtech has reported a 33 per cent increase in revenue to a record €1.60 billion for 2022, driven by online growth and retail recovery following pandemic-related closures in parts of 2021.

Revenue from B2B grew by 14 per cent to €632.4 million during the year, with B2B [...]

1 min read
Pennsylvania

Sports betting and iGaming drive Pennsylvania growth in February

Pennsylvania’s licensed betting and gaming operators enjoyed another strong month as revenue from all forms of gambling increased by 22 per cent to $456.8m in February.

The year-on-year growth was driven by strong performances from the sports betting and iGaming sectors, while retail slots and tables revenue also grew compared to [...]

1 min read
Playtech

Playtech extends retail betting terminal deal with Betfred

London-listed gaming technology provider Playtech has extended its exclusive retail sports betting partnership with British bookmaker Betfred.

The new agreement will see additional Playtech Self Service Betting Terminals (SSBTs) installed in Betfred’s UK shops, including Horse and Dog racing for the first time, and the latest Betbuilder and Player Props products.

The [...]

2 mins read
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