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VGT/VLT News

Light & Wonder enhances systems business with House Advantage acquisition

New York-listed gaming supplier Light and Wonder has acquired substantially all of the assets of House Advantage, a developer of loyalty solutions for the gaming and hospitality industries.

Founded in 2004 and based in Las Vegas and India, House Advantage’s core platform, HALo, provides an omnichannel loyalty and marketing solution by [...]

1 min read

Everi looks to enhance guest engagement technology Venuetize acquisition

New York-listed gaming solutions and payments provider Everi Holdings is expanding its mobile engagement capabilities through an agreement to acquire certain strategic assets of Venuetize.

The acquisition will accelerate the growth of Everi's mobile wallet and loyalty offerings with established gaming customers through an expanded array of new mobile products and [...]

1 min read

New York begins process to issue new commercial casino licenses

Three new members have been appointed to the New York Gaming Facility Location Board as the state begins the process to license up to three new commercial casinos in downtown New York.

The New York State Gaming Commission unanimously approved the appointments of Quenia Abreu, Vicki Been and Stuart Rabinowitz, at [...]

1 min read

Atlantic Lottery profits as iGaming and VLTs drive revenue growth

Canada’s Atlantic Lottery has enjoyed the most profitable year in its history after generating a record CAD$438.1m in profit during its 2021/22 financial year.

The lottery benefited from an 18 per cent increase in revenue to $753.9m during the year, driven by a 16 per cent increase in revenue from its [...]

1 min read

Swedish Q2 gambling revenue tops SEK6.75bn  

Licensed operators in Sweden generated gambling revenue of SEK6,756m during the second quarter of 2022, an increase of 3.7 per cent compared to Q2 2021.

The preliminary data published by the Swedish regulator Spelinspektionen shows that commercial iGaming continues to account for the majority of revenue.

During Q2, the iGaming sector [...]

1 min read

Danish sports betting revenue leaps 50% in August

Sports betting revenue in the Danish market rose by 50 per cent year-on-year in August, according to the latest data released by the country’s gambling regulator Spillemyndigheden.

Across all sports betting channels – mobile, PC, retail – August revenue amounted to DKK192.5m (2021: DKK128.2m), although sports betting revenue for the first [...]

1 min read

Novomatic’s Thomas Schmalzer to lead global sales division

Austrian gaming operator and supplier Novomatic has named Thomas Schmalzer as its new vice president of global sales.

Schmalzer replaces Jakob Rothwangl, who is taking on a new role focused on a “strategically important project” within the group.

“I would like to thank my team at Global Sales and all colleagues at [...]

1 min read

Ainsworth promotes from within to replace long-time finance chief

Sydney-listed gaming supplier Ainsworth Game Technology has appointed Lynn Mah as the company’s next chief financial officer (CFO).

Mah currently serves as Ainsworth’s group finance manager after joining the company in 2007, and will take over as CFO from long-serving Mark Ludski on 1 January 2023.

Ludski has served as Ainsworth's CFO [...]

1 min read

Nevada gambling market grows to $1.21bn in August

Nevada’s gambling market returned to year-on-year growth in August as total gaming win from state-wide casinos grew 3.5 per cent to $1.21bn.

The market topped $1bn for the eighteenth consecutive month, with the bulk of the total ($1.02bn) derived from Clark County, including a 5 per cent increase in Las Vegas [...]

1 min read

Bally’s enters Las Vegas after completing Tropicana acquisition

New York-listed Bally's Corporation is entering the Las Vegas market for the first time after completing its previously announced acquisition of the Tropicana Las Vegas Hotel and Casino.

Following an initial agreement in April 2021, Bally’s has purchased Gaming & Leisure Properties’ (GLPI) non-land real estate assets and PENN Entertainment’s equity [...]

2 mins read
Tabcorp

Tabcorp pivots Gaming Services division towards integrity services

Tabcorp is pivoting its Gaming Services division towards integrity services after agreeing the sale of its eBet business and securing a new monitoring licence in Tasmania.

Tabcorp has entered into an agreement to sell its eBet business to Venue Digital Technology, which is led by former Tabcorp executive Frank Makryllos, for [...]

1 min read
Playtech

Playtech enjoys record first half as B2C revenue soars 148%

London-listed gaming supplier and operator Playtech delivered its best ever performance in the first half of 2022 as revenue increased by 73 per cent to €792.3m.

Playtech said that it made good progress delivering its strategy of focusing on newly regulated markets, which helped B2B revenue climb 17 per cent to [...]

1 min read
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