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Financial News

20th April
Seminole Tribe and Florida compact agreement reached
The Seminole Tribe and the State of Florida have reached an agreement over an amended compact granting the tribe card and...
18th April
Cherry AB reports 104% revenue growth during FY2017
Nordic-focused online gaming provider, Cherry AB, has revealed year-on-year revenue growth of 104% during 2017. In its full financial report for the...
18th April
Danish gambling market grows thanks to online casinos
The Danish Gambling Authority (DGA), Spillemyndigheden, has released its 2017 annual report showing an increase of 3.48% in revenue totalling DKK9,220m  ($1.53bn)...
18th April
Pennsylvania casinos reach record $300m
Latest figures released by the Pennsylvania Gaming Control Board (PGCB) show a record-breaking $300m was raised by the state's twelve casino’s...
12th April
Playtech purchase Italian Snaitech for $1.04bn
Playtech, the Isle of Man based gambling software development company, has announced that it has agreed a deal to purchase the...
11th April
Ohio’s gambling revenue continues strong trajectory
Ohio’s Casino Control Commission released a report showing strong growth for gambling revenue during March 2018, when compared to the same...
11th April
Caesars CEO compensation package tops $29.4m
Less than a year after exiting Chapter 11 bankruptcy protection, global casino heavyweight Caesars Entertainment Corporation has announced that it will...
10th April
Atlantic City casinos record rising revenues
Figures released by New Jersey’s Department of Gaming Enforcement (DGE) announcing its ‘Quarterly and Year-End Results’ for Atlantic City, showed gross...
10th April
Aspire Global revenues up 18% in FY2017
Swedish based online gaming software provider Aspire Global has reported an 18% increase in its revenues during the full-year 2017. Announcing its...
9th April
Nektan gaming revenues up 44.8% in Q3 FY2018
White label gaming software provider Nektan has announced a 44.8% year-on-year rise in its net gaming revenues for Q3 FY2018. In its...
4th April
Galaxy Gaming struggles in FY2017 results
Las Vegas based games manufacturer, developer and distributor, Galaxy Gaming, had a tough year despite improving its financial outlook at the...
3rd April
NetEnt growth up 11.7% in FY2017
Global gaming provider NetEnt has released its annual financial report for the year ending 2017 showing another strong year for growth...
28th March
OPAP profits fall by 25.9% in 2017
European Gambling giants OPAP have seen a 25.9% decrease in Net profit for the 2017 financial year according to the company’s...
26th March
Sky Betting and Gaming Group revenue up 47%
Sky Betting and Gaming announced an impressive 47% increase in Group revenue totalling £339m in their Half Year Interim Report 2017/18...
26th March
Per Eriksson departs as CEO of NetEnt
The board of directors of global gaming company NetEnt have announced the departure of its CEO and President Per Eriksson, effective...
23rd March
Galaxy Entertainment Group buys in to Wynn Resorts
Asia focussed integrated resorts developer Galaxy Entertainment Group has announced the completion of a deal to purchase 5.3 million shares in...
23rd March
Third time unlucky for Ladbrokes in tax avoidance case
UK bookmaker Ladbrokes has lost its third case at the Court of Appeal over a £71m tax rebate from HMRC, after...
22nd March
Wynn reduces stake in Wynn Resorts
Embattled former Wynn Resorts CEO and founder Steve Wynn, who was forced to resign from his role as the companies CEO...
20th March
888 Holdings reports 4% group revenue growth in FY2017
Gaming and online casino operator 888 Holdings has revealed a 4% year-on-year rise in its group revenues for the full-year 2017. Announcing...
20th March
Mr Green makes a splash in Denmark
Mr Green posted its full-year financial results for 2017m with the company benefiting from its entrance into the Danish market. Last year,...
20th March
Jackpotjoy gaming revenue up 14% during FY2017
Online lottery betting and gaming company Jackpotjoy has revealed its gaming revenue rose by 14% year-on-year during 2017. Announcing its results for...
19th March
Wynn is given the go-ahead to dispose of shares
A regulatory filing posted late last week detailed that Steve Wynn is now free to sell all, or a portion of...
16th March
XLMedia posts record-breaking results for 2017
In an update to investors, XLMedia has published its full-year 2017 financial results, posting another record-breaking set of figures. The affiliate marketing...
14th March
The Stars Group revenue climbs 16% in Q4 2017
Global gaming and poker giant The Stars Group has revealed a 16% year -on-year rise in its revenues for the fourth...
14th March
Sportech abandons sale process
Sports betting technology supplier Sportech have announced the discontinuance of plans to sell the business following detailed discussions with a number...
14th March
The future looks bright for Everi after successful 2017
Everi Holdings Inc. has announced its financial results for both the fourth quarter and full-year for the 2017 financial year. Q4 revenues...
9th March
GVC Holdings revenues up 17% during 2017
Online gaming goliath, GVC Holdings, has reported a 17% year-on-year rise in its net gaming revenue for the twelve months leading...
9th March
IGT hits Q4 2017 targets
In an update to investors, IGT has posted its financial results for the fourth quarter of 2017, posting modest results, with...
7th March
Global Gaming Awards Las Vegas Self-Nominations now open
2018 marks the fifth instalment of the Global Gaming Awards Las Vegas, with the first stage of the process opening today. GGA...
7th March
Paddy Power Betfair announces 2017 preliminary results
In an update to investors, Paddy Power Betfair has announced its preliminary results for the full-year 2017. Boosted by a 16% growth...
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