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Asia News

Melco Resorts returns to profit as Q1 revenue tops $1.11 billion

Melco Resorts & Entertainment has reported a 44 per cent increase in revenue from its integrated resort facilities in Asia and Europe for the first quarter of 2024.

Revenue in Q1 rose to $1.11 billion following an improved performance in all gaming segments and non-gaming operations, largely driven by the continued [...]

1 min read
Sportradar

Sportradar brings in Behshad Behzadi to accelerate adoption of AI

Sports technology company Sportradar has named former Google executive Behshad Behzadi as chief technology officer and chief artificial intelligence officer.

With over 20 years’ experience at Google, Behzadi is a distinguished computer scientist and recognized global technology leader with expertise in algorithms, search ranking, natural language processing, speech recognition, machine learning [...]

3 mins read

Delasport enters Philippines with OKBET sportsbook deal

iGaming platform provider Delasport is entering the Philippines after agreeing a new sportsbook deal with locally licensed operator OKBET.

The agreement will see Delasport provide its platform technology to enhance the operator’s sports betting offering.

“I'm excited that OKBET and Delasports are joining forces to redefine the landscape of online sports [...]

2 mins read

Singapore Pools and UK Tote agree commingling pools deal

The UK Tote Group and Singapore Pools have entered into a new agreement to commingle pools on British racing.

The agreement sees both organisations combine liquidity with customers of Singapore Pools betting into the UK Tote’s pools on British racing meetings.

“We are delighted to collaborate with the UK Tote on this [...]

3 mins read

Japan sports wagering nears JPY8 trillion in 2023

Japan’s regulated sports wagering was just under JPY8 trillion (€48.40 billion) in 2023, up by 0.3 per cent on the previous year.

The annual growth for 2023 was the lowest in a decade but the total marked Japan’s highest betting handle in that time.

Total horse racing wagering was up by 0.3 [...]

1 min read

Uzbekistan to regulate online gambling in 2025

The central Asian state of Uzbekistan is ending its prohibition of online gambling and introducing a licensing regime in 2025.

Under a decree signed last week by President Shavkat Mirziyoyevmove, Uzbekistan will introduce a regulated market for online lotteries and games of chance on 1 January 2025.

The move is said to [...]

1 min read

PAGCOR on course for record 2024 following strong Q1 growth

Philippine Amusement and Gaming Corporation (PAGCOR) has posted strong results for the first quarter of 2024, growing total income by 43 per cent to PHP25.24 billion (€407.9 million).

Gaming operations accounted for the bulk of the total at PHP22.29 billion, of which PHP9.69 billion was derived from the E-Games sector (eBingo, [...]

1 min read

GI Games Round-up featuring Relax Gaming, Play’n GO and Atomic Slot Lab

This week’s games and platform integrations round-up from Gaming Intelligence features Pragmatic Play, Relax Gaming, Pariplay, Play’n GO, PopOK Gaming, Atomic Slot Lab and Playtech.

Pragmatic Play’s Release the Bison

Pragmatic Play is unleashing roaming wild respins and random guaranteed wins in its latest slot game, Release the Bison.

“Pragmatic Play has delivered [...]

4 mins read
Aristocrat Leisure

Aristocrat completes NeoGames acquisition

Sydney-listed Aristocrat Leisure has completed its acquisition of NeoGames after satisfying all conditions and requirements for closing.

First announced in May 2023, the acquisition was overwhelmingly supported by NeoGames shareholders at a second shareholder meeting this week, with the required majority voting in favour of all proposals relating to the acquisition.

Following [...]

4 mins read
Betsson

Betsson shares climb 14% on strong first quarter results

Betsson has reported a 12 per cent increase in group revenue to €248.2 million for the first quarter of 2024, with strong growth from casino offsetting a decline in sports betting.

Casino revenue increased by 19 per cent to €180.5 million in the first quarter, of which €151.2 million was derived [...]

1 min read
Evolution

Evolution revenue tops €0.5 billion in strong first quarter

Evolution has reported quarterly revenue of more than half a billion euros for the first time as revenue in the first quarter of 2024 increased by 17 per cent to €501.5 million.

Revenue from Live games increased by 20 per cent year-on-year to €431.3 million, while RNG revenue climbed 1 per [...]

1 min read
Kindred Group

Kindred Group sees growth slow as US exit nears

Kindred Group has posted almost flat first quarter revenue of £307.7 million, up from £306.4 million a year ago.

Gross winnings revenue from Kindred’s consumer facing business was flat at £297.6 million in Q1 2024, with 84 per cent of this revenue earned in locally regulated markets.

On a constant currency basis, [...]

1 min read
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