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VGT/VLT News

Flutter Entertainment

Playtech extends exclusive SSBT partnership with Paddy Power

London-listed gaming technology provider Playtech has signed an extension to its exclusive partnership with Flutter Entertainment-owned sports betting brand Paddy Power.

The new multi-year deal will see Playtech continue to serve as the exclusive provider of self service betting terminals (SSBTs) for Paddy Power in the United Kingdom and Ireland.

The partnership [...]

2 mins read
Boyd Gaming

Boyd Gaming hits new heights as 2022 revenue reaches $3.56bn

New York-listed casino operator Boyd Gaming has reported a 6 per cent increase in revenue to a record $3.56bn in 2022, with revenue in the final quarter of the year also hitting a new high.

Revenue in Q4 rose by 5 per cent year-on-year to $922.9m, with the company benefiting from [...]

1 min read

Interactive growth takes PENN Entertainment’s 2022 revenue past $6.4bn

New York-listed racing and gaming operator PENN Entertainment has reported a marginal 0.8 per cent increase in revenue to $1.6bn for the final quarter of 2022, taking full year revenue past $6.4bn.

The company’s Interactive division again recorded the biggest growth as Q4 revenue increased by 32 per cent year-on-year to [...]

1 min read

Former judge George Assad joins Nevada Gaming Control Board

Nevada Governor Joe Lombardo has appointed George Assad as the newest member of the Nevada Gaming Control Board (NGCB).

Assad previously served as a Las Vegas Municipal Court Judge for nine years, prior to which he was a prosecutor in the Clark County District Attorney’s Office.

Assad has also served as a [...]

2 mins read

Mohegan partners Soloviev Group for New York City casino bid

US casino operator Mohegan is teaming up with developer Soloviev Group to bid for one of the three downtown casino licences up for grabs in New York City.

Mohegan has joined Soloviev’s bid as the casino partner of Freedom Plaza, an entertainment district which would be located on Manhattan's east side.

In [...]

1 min read

Nevada gambling revenue climbs to $1.31bn in December

Nevada’s gambling market ended 2022 on a high note as total gaming revenue increased by 14 per cent to $1.31bn.

December marked the 22nd consecutive month in which the state’s casinos reported at least $1bn in gaming revenue.

Slot machines revenue grew by 2 per cent year-on-year to $803.5m in December, with [...]

1 min read
Entain

Entain set to exceed full year earnings guidance after strong Q4

London-listed betting and gaming operator Entain expects full year EBITDA to come in ahead of guidance following another strong performance in the final quarter of 2022.

Entain grew total net gaming revenue (NGR) by 11 per cent in the fourth quarter, with Retail NGR 10 per cent higher than a year [...]

1 min read
Lithuania

Retail recovery drives gaming revenue growth in Lithuania

A record performance from Lithuania’s online gambling sector in 2022, combined with a recovery from the retail gambling sector, helped overall revenue grow by 44 per cent to €195.8m.

Retail gambling revenue (excluding lottery) more than doubled in 2022 to €74.1m (2021: €34.0m), with betting, table games and slot machines all [...]

1 min read
Itai Pazner

888 Holdings parts ways with CEO Itai Pazner; suspends VIP operations in certain markets

London-listed 888 Holdings has announced the immediate departure of chief executive Itai Pazner and the suspension of VIP activities in the Middle East.

The company said Monday (Jan. 30) that Pazner is leaving his role as CEO and company director with immediate effect and will be replaced on an interim basis [...]

3 mins read

AGS appoints board member Adam Chibib as new chairman

New York-listed gaming supplier PlayAGS has named lead independent director Adam Chibib as the company’s new chairman.

Chibib succeeds David Sambur, who recently stepped down from the board after serving as chairman for the past five years and as a board member since 2013.

Chibib has served as a member of the [...]

1 min read

Danish iGaming revenue climbs to record high in Q4 2022

Denmark’s gambling sector closed 2022 with revenue down by 3 per cent in December at DKK541.2m (€72.8m), although fourth quarter revenue climbed 3.5 per cent to DKK1.7bn.

Online casino had its best month of 2022 in December with revenue growing by 3 per cent to DKK272.3m, helping the sector to its [...]

1 min read

Altenar enters Belgium with Starcasino sportsbook deal

Malta-headquartered sportsbook supplier Altenar has entered Belgium’s regulated market after signing up Starcasino as its latest operator partner.

Altenar has made its full sportsbook solution available to Starcasino, includes its pre-match and live betting offerings, full promotional suite and customer support across risk management, limits and 24/7 communication.

Altenar will act as [...]

2 mins read
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