James Packer has relinquished his majority shareholding in Australian operator Crown Resorts, selling approximately 4.8% of the group’s issued share capital, around 35m shares, for a reported AUD$448m. The transaction,…
Industry provider NYX Gaming Group has targeted long-term, sustainable revenue growth after recording a significant rise in revenue for the six months ended 30 June 2016. In a statement, NYX…
A strong performance from structured agreements led to Playtech growing its revenues by 18% year-on-year to €337.7m for the six months ended 30 June. Casino accounted for a 52% majority…
Following the publishing of Playtech’s financial results for the six months ended 30 June 2016 earlier today (Thursday), CEO Mor Weizer spoke to Gambling Insider about the highlights of the…
Paddy Power Betfair has posted its first set of interim H1 results, highlighting a rise in revenue of 18%, to £759m, and double-digit growth across its four core divisions. Underlying…
Paddy Power Betfair has now had a half year in operation since the two operators completed their merger in February, and there were a number of positive results in its…
The Rank Group has posted a “solid set of results” for the 12 months to 30 June 2016, according to CEO Henry Birch, reporting pre-tax profit after exceptional items of…
Mobile gaming solutions provider Nektan has moved to increase its working capital, selling three of its gaming brands to Buckingham HMB. The deal, worth an initial £1.75m in cash with…
Crown Resorts has published its full year results for the 12 months to June 30, reporting a 23% decline in normalised net profit to AUD$406.2m, on the back of continued…
Nevada-based casino operator MGM Resorts International has announced its entrance into a definitive agreement to acquire 188,100,000 ordinary shares of its subsidiary MGM China Holdings from Grand Paradise Macau (GPM).…