Business
August 11, 2021
FuboTV’s Q2 Results Drive Optimism for 2021 Targets
Following a strong first quarter of the year, fuboTV has been able to deliver on yet another impeccable record in Q2, with many operating and financial targets posting a triple-digit growth. FuboTV Drives Strong Results in Q2 2021 FuboTV has revealed its second-quarter results covering the period that ended on June 30, 2021. The company observed […]
Business
August 10, 2021
MGE: Revenues Below Pre-Pandemic Levels, EBITDA Posted Growth
Master developer and operator of integrated casino resorts Mohegan Gaming & Entertainment (MGE) released today its second-quarter earnings report, posting net revenues of $328.3 million for the three months ended June 30, 2021. Revenues Declined Compared to Pre-Pandemic Levels Q2 2021 consolidated revenues posted 206.1% on the $107.2 million Q2 2020 reading, but when measured […]
Business
August 10, 2021
Scientific Games Back in the Black as Divestitures Move Forward
Following a period of recurring closures and financial disruptions, Scientific Games reported a strong second quarter with over 60% growth compared to 2020. Divestitures of Lottery and Sports Betting Businesses go as Planned Scientific Games Corporation (SGC) reported a strong second quarter with a consolidated annual revenue increase of 63% and strong sequential growth across all businesses, according to the […]
Business
August 10, 2021
Flutter Releases Interim H1 2021 Results, Hits $4.2bn in Revenue
Flutter Entertainment released its interim results for the first half of 2021. The company outlined that its group pro-forma revenue hit $4.2 billion, marking a 30% increase when compared to the same period last year. Moreover, the company performed extremely well within the US, UK and Australian markets. Flutter Reveals Interim Results for H1 2021 […]
Business
August 10, 2021
Gamesys Reports Growth in Key Markets in Asia and the UK
Gamesys has issued its H12021 revenue report, showing growth in key markets, reduced debt and increased cash flow. Gamesys with Encouraging Revenue Numbers for H12021 Gamesys Group Plc continues to succeed in its key performances, with positive results in the UK and Asia, but is facing challenges on the European mainland – Spain, Germany and […]
Business
August 10, 2021
Saipan Slot Parlors: We’re Paying for Imperial Pacific’s Incompetence
Slot parlors in Saipan aren’t happy with the government and believe that they’re taking the fall for Imperial Pacific International’s (IPI) incompetence. A new law that effectively doubles the amount they have to pay in taxes, while IPI, which is clinging onto the Imperial Palace casino, still hasn’t paid millions of dollars in outstanding taxes […]
Business
August 9, 2021
DraftKings to Acquire Golden Nugget Online in $1.56B Deal
Daily fantasy and sports betting operator DraftKings announced today it entered into a definitive agreement to acquire Golden Nugget Online Gaming (GNOG) in an all-stock transaction. All-Stock Transaction Holding an implied equity value of approximately $1.56 billion, the acquisition of the online gaming arm of Tillman Fertitta’s Golden Nugget will enable the Boston-based gambling brand […]
Business
August 9, 2021
Sport Betting in Florida Silently Clears a Major Hurdle, but Trouble Remains
In spite of multiple attempts to derail the effort, Florida’s legalized sports betting market is now only inches from the finish line. The federal government’s Bureau of Indian Affairs (BIA) had 45 days to approve the state’s gaming compact with the Seminole Tribe of Florida and has allowed that window to close with no response. […]
Business
August 6, 2021
Aspire Global Signs Casino and Sportsbook Deal with JNS Gaming
Gaming technology supplier Aspire Global has announced it has entered into a multi-faceted agreement with JNS Gaming to power the operator’s launch of a new casino and sportsbook brand. Full Suite of Products and Services The latest deal between Aspire Global and JNS Gaming covers the entire proprietary offering of the gaming technology firm, platform, […]
Business
August 6, 2021
Playtika Records Increased Profits, Will Explore More M&A Activity
Playtika, a leading social gaming business, had higher revenue and much lower costs of maintaining the company running, which is why H1 resulted in profits, stated the chief financial officer of Playtika. Statistics showed that for the first half of 2021, the revenue reached $1.30 billion, or an increase of 9.6%. While the $1.30 billion […]