IN-DEPTH ANALYSIS FOR THE GAMING INDUSTRY
Global Gaming Awards
Casino win falls in New Jersey for September
Total gaming revenue rose once again in New Jersey for the month of September, growing 8% year-on-year to $303.5m. However, casino win...
Rank’s Q1 revenue climbs 8%, operator praises Grosvenor performance
Rank Group saw its gross gaming revenue rise 8% year-on-year for Q1 of 2019/20. Its digital sector saw the highest growth, rising...
Whistleblowers claim Crown Casino used for money laundering
CCTV footage from Melbourne’s Crown Casino shows more than AU$100,000 (US$67,665) being exchanged for high-value casino chips in an alleged incident...
Gambling, tobacco and alcohol companies not allowed to sponsor London Stadium
Gambling, tobacco and alcohol companies will not be able to sponsor the London Stadium, with the London Legacy Development Corporation (LLDC)...
Iowa sports betting generates $5m for September
Sports betting generated revenue of $5m in Iowa for September, an increase of 127% from the previous month. Total handle rose from...
FDJ's revenue up 7% for year's first nine months
La Française des Jeux (FDJ) saw its revenue rise 7% year-on-year to €1.4bn ($1.5bn) during the first nine months of the...
Paf reduces yearly loss limit despite projected €2m revenue drop
Paf has cut its annual loss limit, the maximum value a player can lose in a year, by €5,000 ($5,493) to...
British racing must plan for no-deal, says Brexit Steering Group
Horseracing has been informed by British racing's Brexit Steering Group it must begin to make plans for how the sport can...
GAN Q3 results exceed expectations, rising to $80.9m
GAN grew its Q3 gross operator revenue by 203% year-on-year to $80.9m, with the supplier attributing this growth to expansion in...
Analyst: Flutter – Stars Group synergy projections "aspirational at best"
Julian Buhagiar, Co-founder of RB Capital, has warned investors to expect a slow transition after Flutter Entertainment and Stars Group announced...
Macau casinos end two-month decline with marginal September growth
A tumultuous year for Macau casinos continued in September as the gambling hub's gross gaming revenue (GGR) grew 0.6% year-on-year for...
Nevada gaming revenue up 4% to $952.4m for August
Total gaming revenue in Nevada rose 4% year-on-year to $952.4m for August, the state’s third straight monthly increase following five months...
Smarkets revenue and profit fall significantly for 2018
Betting exchange operator Smarkets has published its 2018 financial report in late September, despite the trading period coinciding with the calendar...
H1 revenue drops 10% at XLMedia amid shifting regulatory headwinds
XLMedia reported revenue of $42.5m for H1, a 10% decrease year-on-year, which it attributes to regulatory changes in key markets. Gross profit...
Pennsylvania gaming revenue up 6% to $293.4m for August
Figures released by the Pennsylvania Gaming Control Board (PGCB) show total revenue from gaming and fantasy contests grew 6% year-on-year to...
Blackstone in talks to buy and lease back Bellagio and MGM Grand
Blackstone Group is reportedly in talks to buy and lease back the Bellagio and MGM Grand from MGM Resorts International. Bloomberg suggests...
Iowa sports betting makes $2.2m revenue in first 17 days
After authorising sports wagers on 15 August, Iowa went on to generate $2.2m in sports betting revenue for the month. The Hawkeye...
August sees New Jersey continue its strong gaming revenue run
As analysts look towards the New Jersey sports betting market as a long-term candidate for biggest in the world, the Garden...
NetEnt share price soars as market backs Red Tiger acquisition
Market confidence in Swedish gaming supplier NetEnt has risen considerably following its £220m ($272.1m) acquisition of Red Tiger Gaming. After last week’s announcement,...
888 share price dips, as UK revenue grows but profit declines
The share value of 888 has fallen after its H1 report, which showed group revenue rose 2% year-on-year, to $277.3m, but...
Bernstein Research: VIP players drive 70% of Macau gaming market
A group consisting of between 300,000 and 400,000 individual VIP and premium players contributes 70% of Macau’s gross gaming revenue, according...
Veikkaus to focus on digital as Q2 revenue drops
Veikkaus’ Q2 gross gaming revenue fell 4% year-on-year, to €844.3m ($933.3m), with a total profit of €501.4m, a 1% decrease. Total turnover...
Philip Bowcock to step down as William Hill CEO
William Hill today announced Philip Bowcock will depart his roles as CEO and a company director with effect from 30 September. The...
Macau casinos suffer biggest GGR fall of 2019 for August
Gross gaming revenue (GGR) in Macau fell 9% year-on-year for August, to MOP24.26bn ($2.99bn), representing the region’s biggest percentage drop in...
Retired police officer jailed for illegal $12.9m betting scheme in Hong Kong
So Wing-Yui, 72, has pleaded guilty at a Hong Kong court to one count of booking and seven further counts of...
Singapore police confiscate $260,000 from 62-year-old aiding illegal bookmaker
Singapore authorities have received an order from the High Court to take possession of almost S$260,000 (US$187,239) from a 62-year-old man...
Rank Group announces small revenue fall, while digital growth continues
The Rank Group has announced a 0.25% fall in year-on-year group revenue to £729.5m ($885.1m) for the six months ending 30...
Exclusive: Playtech CEO defends net profit drop and updates on US plans
Gambling Insider caught up with Playtech CEO Mor Weizer following the announcement of the supplier's H1 results. Revenue increased 69% to...
Snaitech acquisition boosts Playtech H1 revenue
Playtech reported a 69% year-on-year growth in revenue year-on-year to €736.1m ($817.4m) for H1 2019. Italian operator Snaitech was the group’s standout...
Gambling.com continues on growth trajectory as Q2 revenue improves
Gambling.com Group generated revenue of €4.4m ($4.8m) for Q2, a 17% increase year-on-year, which the affiliate describes as being all organic. This...
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MoneyMatrix team: Saturated payments industry provides "both competitors and opportunities"
Global Gaming Awards Las Vegas 2019: Results are revealed
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