Business
February 24, 2023
Aristocrat Plans Further Growth, Confirms Extension of Share Buy-Back Program
The company confirmed Friday it extends its on-market share buy-back program. This program is part of Aristocrat’s ongoing capital management strategy. It confirmed that since June 2022, the company has bought back some AU$478 million ($324.4 million). However, the buy-back program will now be extended for an additional period. A statement released by Aristocrat on […]
Business
February 23, 2023
Marriott International Legal Counsel Mao Exits Las Vegas Sands Board
The legal counsel who first joined the rest of the Las Vegas Sands Corp board members from the position of an independent director in July 2021 made the important announcement earlier in the month. The Resignation Went into Effect on February 22 On February 17, Yibing Mao notified the NYSE-listed company that her resignation would […]
Business
February 23, 2023
CDI Reports Revenue Growth of 13% To Record $1.81B in 2022
Overall, the net revenue reported by Churchill Downs Incorporated (CDI) for the year ended December 31, 2022, hit $1.81 billion, a new record for the company. This result, when compared to the $1.6 billion figure reported in 2021, marked an increase of 13%. Not unexpectedly, the net income reported by CDI in 2022 increased as […]
Business
February 23, 2023
NetBet Italy and Amusnet Interactive Ink Win-Win Partnership
As a result of the newly inked agreement, several of Amusnet Interactive’s most popular casino games will soon reach NetBet’s online platform and become fully accessible for Italian players. Amusnet Interactive to Grow Its Presence in the Industry Previously known as EGT Interactive, Amusnet Interactive hopes to use the new deal to further expand its […]
Business
February 23, 2023
TonyBet Integrates Greentube Content into Its Latvian Portfolio
Greentube, NOVOMATIC’s digital gaming and entertainment division, has consolidated its presence in the regulated Latvian market thanks to a deal with TonyBet. Per the agreement, Greentube will provide the local operator with its engaging gaming content. Following the integration, a selection of classic and innovative Greentube and blue chip NOVOMATIC games are available to Latvian […]
Business
February 23, 2023
The Star Reports Loss in H1 FY23, Plans to Raise Equity
Australian entertainment and gambling company The Star Entertainment Group released its H1 FY23 results acknowledging net loss and plans for equity raising. The company’s gross revenue for the period was AU$1.01 billion ($689.1 million), while normalized EBITDA was AU$200 million ($136.4 million) and net profit was AU$44 million ($30 million) for the six months until […]
Business
February 22, 2023
Kambi Group Delivers Impressive 2022 Financial Results
Kambi’s Q4 2022 report reveals growth across all key verticals after the hugely successful World Cup. Solid financials, many new partnerships, and expanding growth opportunities provide the company with a solid jump-off point to tackle 2023’s challenges and take the first steps towards its goal of €50 billion gross gaming revenue (GGR) by 2027. The […]
Business
February 22, 2023
Lottomatica’s IPO May Become a Reality in April
Apollo Global Management, the American global private-equity firm behind the Italian operator Lottomatica, plans to have the casino brand go public. As reported by sources earlier, Lottomatica’s initial public offering listing may be ordered very soon. Apollo’s strategy would be to list Lottomatica on the Borsa Milan Exchange. The rumors were later confirmed by Lottomatica […]
Business
February 22, 2023
Hacksaw Gaming Inks Content Partnership with William Hill
Announced Tuesday, the new deal will deliver games from the leading provider of content for the iGaming industry, expanding William Hill’s offering. Per the terms of the new deal, the leading operator will benefit from Hacksaw Gaming’s portfolio of games including the recently released hit Dead or a Wild, among other leading titles. Besides innovative […]
Business
February 22, 2023
Betsson Goes Live in Ontario via Betsafe Brand
The holding company that invests in and leads quick-developing iGaming companies has been granted a business-to-business and a business-to-consumer online gaming authorization for the locally regulated market in the Canadian province. Shortly after, a complete business-to-consumer offering was officially launched by Betsson with the help of the company’s international brand Betsafe. The decision perfectly matches […]
