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VGT/VLT News

Record year for AGS as 2023 revenue reaches $356.5 million

New York-listed gaming supplier PlayAGS posted a 15 per cent increase in revenue to $356.5 million in 2023, buoyed by its eleventh consecutive quarter of double-digit growth in the final quarter of the year.

Revenue in the fourth quarter rose 15 per cent year-on-year to a record $94.2 million, as revenue [...]

1 min read

MGM Resorts and BetMGM expand Kindbridge collaboration

MGM Resorts International and BetMGM are strengthening their collaboration with Kindbridge to support problem gambling research and mental health services across North America.

As part of its commitment to responsible gaming research, MGM Resorts has donated $100,000 to Kindbridge Research Institute in support of a voluntary medication trial for veterans experiencing [...]

4 mins read

Improved Macau performance takes Melco revenue to $3.78 billion

New York-listed casino operator Melco Resorts & Entertainment saw total operating revenue soar by 180 per cent to $3.78 billion in 2023, benefiting from improved performances across its properties in Macau.

Revenue in the final quarter of the year rose to $1.09 billion, up from $337.1 million in the prior year [...]

1 min read
Golden Entertainment

Golden Entertainment revenue declines to $1.05 billion in 2023

Nevada-based gaming operator Golden Entertainment has reported a 6 per cent drop in total revenue to $1.05 billion for 2023, after seeing revenue in the final quarter of the year decline 17.5 per cent.

Revenue in the fourth quarter fell to $230.7 million, with the comparable period last year including revenue [...]

1 min read

GB gambling survey reveals participation and attitudes

Britain’s Gambling Commission has released the first set of results from its new Gambling Survey for Great Britain (GSGB).

The survey is based on interviews with a nationally representative sample of 4,801 adults over the age of 18 who were interviewed during the period July to November 2023.

It shows that Lotteries [...]

1 min read

David Rebuck retires as New Jersey DGE director

New Jersey Attorney General Matthew Platkin has appointed Mary Jo Flaherty as interim director of the Division of Gaming Enforcement (DGE) to replace David Rebuck, who is retiring after 13 years in the role.

Rebuck is the longest-serving director in DGE’s history and is retiring after a total of 36 years [...]

4 mins read
Churchill Downs

Churchill Downs confirms new executive leadership positions

Churchill Downs Incorporated (CDI) has announced a trio of executive appointments across multiple key departments at its Louisville headquarters in Kentucky.

The new leadership appointments include promotions for Gary Palmisano Jr to vice president of racing, and Joe Quinn to VP of legal, while Heather Jacobsen has been brought in as [...]

2 mins read

Everi full year revenue grows 3% to $807.8 million

Everi Holdings has reported a 3 per cent increase in full year revenue to $807.8 million, with growth in its financial technology solutions offsetting a decline from its Games segment in 2023.

The full year revenue growth came despite a 6.5 per cent decrease in revenue during the final quarter of [...]

1 min read

Nevada regulator confirms no personal information accessed in cyberattack

The Nevada Gaming Control Board (NGCB) has confirmed that no personal information was accessed or acquired by any unauthorized persons during its recent cyberattack.

The gambling regulator’s public-facing website was hit by a cyberattack on 25 January, following on from recent attacks on casino operators MGM Resorts International and Caesars Entertainment.

Upon [...]

2 mins read

Illinois drives record year for Accel Entertainment

New York-listed distributed gaming operator Accel Entertainment has reported a 21 per cent increase in net revenue to a record $1.17 billion in 2023, buoyed by continued strong growth in its core market of Illinois.

Revenue in the final quarter of the year rose 7 per cent year-on-year to $297.1 million, [...]

1 min read
IGT

IGT to spin off Global Gaming and PlayDigital businesses for Everi merger

International Game Technology (IGT) is spinning off its Global Gaming and PlayDigital businesses to merge with Everi Holdings.

The business combination with Everi will create a diverse global gaming and fintech enterprise, with IGT shareholders expected to own approximately 54 per cent of the enlarged company and Everi stockholders the remaining [...]

1 min read

Lottomatica declares dividend as revenue hits €1.63 billion

Milan-listed gaming operator Lottomatica achieved 9 per cent growth in gross gaming revenue in 2023 as total betting turnover climbed 32 per cent to €30.1 billion.

The 2023 results exclude the recent acquisition of SKS365 while benefiting from the December 2022 acquisition of Betflag, with pro-forma turnover growth of 18 per [...]

1 min read
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