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Financial News

18th August
Ladbrokes becomes Leicester City betting partner
UK and Ireland betting giant Ladbrokes have agreed a sponsorship deal with former Premier League champions Leicester City FC, a deal...
18th August
Catena Media group revenue up 78% in H1 2017
Sweden based affiliate provider Catena Media has revealed that its year-on-year group revenue for the first half of 2017 has increased...
17th August
Pennsylvania table gaming revenue up almost 4% in July
The Pennsylvania Gaming Control Board has revealed that revenue from the state’s 1,241 poker tables increased by 3.8% year-on-year in July. ...
17th August
Rank Group digital operating profits up 63%
European casino and bingo operator Rank Group has revealed that its operating profits have grown by 63% year-on-year in its full...
17th August
Scientific Games extends Ohio Lottery contract
Worldwide iGaming company Scientific Games has announced the extension of its contract with the Ohio Lottery Commission for a further period...
17th August
Online casinos continue to grow in New Jersey
July has been all smiles for online casinos in New Jersey, surpassing $20m in gross revenue for the fifth month in...
17th August
LeoVegas revenue up 60% in Q2 2017
Nordic focussed iGaming company LeoVegas has reported a 60% year-on-year increase in its revenue for the second quarter of 2017. ...
16th August
Galaxy Gaming revenue up 19% but overall profits down in Q2
Las Vegas based iGaming operator Galaxy Gaming has reported a year on year revenue increase of 19% in the second quarter...
15th August
Scientific Games completes refinancing transaction
Scientific Games Corporation has announced that it successfully completed an agreement which prolongs the maturity of its existing loan facilities with...
15th August
Full House Resorts release Q2 results
Full House Resorts (FHR) have released their second quarter results revealing a strong performance building on last year. FHR recorded...
15th August
New Jersey’s iGaming revenue continues to grow
Revenue generated by New Jersey's online casinos rose to over $600m in total since their legalisation in November 2013. ...
10th August
Bloomberry up 47% in net profit Q2
Bloomberry Resorts Corp reported a solid net profit of PHP1.97bn (US$38.9m) for the April to June period, a rise of 46.8%...
10th August
The Stars Group revenues up 6.8% in Q2 2017
Worldwide online gaming company The Stars Group has revealed that its revenue for the second quarter of 2017 grew by 6.8%...
8th August
Paysafe growth slows despite strong year
The rapid growth of Paysafe hasn’t continued despite the company having another strong year. UK-based Paysafe are a provider of payment...
8th August
Paddy Power Betfair revenue jumps 9%
UK and Ireland sportsbook operator Paddy Power Betfair has revealed that revenue for the first half of 2017 has increased by...
7th August
Freeplay tax introduction is a case of déjà vu
Back in July it was rumoured that UK online gambling operators may soon have to pay a tax on freeplays and...
4th August
Betting tax increase suggested for Irish horseracing
Ireland’s horse racing governing body, Horse Racing Ireland (HRI), has proposed higher taxes for the betting sector. The body suggested...
4th August
Australian Crown Casino up in profit due to Macau stake sale
Australian casino giant Crown Resorts has reported an annual net profit of AUD1.9bn, almost doubling last year results. However, this was...
4th August
Caesars Entertainment begins long road back to financial profitability
Worldwide casino resort operator Caesars Entertainment Operating Co has revealed that its net losses for Q2 2017 have narrowed to $1.4bn...
3rd August
Portuguese total online gambling revenue down 18% in Q2
According to the regulatory body Serviço de Regulação e Inspeção de Jogos (SRIJ), Portugal total online gambling revenue dropped by 18%...
2nd August
William Hill announces impressive Q2 growth
William Hill has announced impressive growth over all four of its divisions in the first half of 2017. Group net revenue...
2nd August
IGT beats Wall Street estimates with Q2 2017 net revenue
International Game Technology has reported strong growth in its gaming and lottery segments in the second quarter of 2017, beating Wall...
31st July
Macau government accounts show gaming industry vigour
Macau’s 1H gaming taxes have increased an impressive 15.3% according to the city’s most recent Financial Services Bureau (FSB) report released...
31st July
IGT secures new €1.5bn term loan facility
International Game Technology (IGT) announced that it has entered into a new €1.5bn term loan agreement as well as an adjustment...
31st July
Blackstone's spree on gaming-focused businesses
Earlier this week, investment firm, Blackstone announced the acquisition of Clarion Events from private equity funds managed by Providence Equity Partners...
27th July
New Jersey online casinos continue their winning streak
New Jersey internet gaming revenue grew by 28% in the first half of 2017, with online casinos taking in $121.4m compared...
27th July
Gaming and Leisure Properties Inc. revenue grows 17% in Q2
Casino giant Gaming and Leisure Properties Inc. (GLPI) has reported a 17% increase in its total revenue figures during the second...
27th July
Asian investments drive strong second quarter for Sands
Las Vegas Sands reported strong Q2 financial results on Wednesday with investments in Asia pushing the company past the $3bn mark...
27th July
Ladbrokes Coral reports strong performance in H1 2017
European sportsbook giant Ladbrokes Coral Group has confirmed that it is set to reach its financial targets for 2017 following “strong...
26th July
West London lost £100m on slots in 2016
According to a study by Landman Economics, West London gamblers lost over £100m to FOBT slot machines in 2016. The...
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