Business
February 6, 2023
Kindred Tackles Harmful Gambling Revenue One Quarter at a Time
Kindred Group reported that revenue from harmful gambling fell by 0.5% to 3.3% in the fourth quarter compared to 3.8% in the third quarter. This progress is part of the group’s broader Journey towards Zero program, which wants to see the company’s revenue streams completely decoupled from harmful gambling. Kindred Group Holds the Course Steady […]
Business
February 6, 2023
Future Anthem Says “Race to Real-Time” Boosts Player Value
The AI and data science firm has confirmed that its “race to real-time” solution is capable of delivering an unmatched personalized experience for both the sports betting and iGaming segment, allowing Future Anthem to significantly boost the value for its partners in the two verticals. Leveraging Big Data to Increase Player Value Future Anthem has […]
Business
February 3, 2023
Penn Entertainment Q4 Revenue Remains Stable despite Negative Factors
The company’s revenue for the quarter reached $1.59 billion, a modest 0.8% year-on-year increase. However, several notable metrics, like earnings per share, fell short of Wall Street’s estimates, while rising interest rates negatively impacted expenses. Despite the stagnating results, Penn Entertainment’s management remained optimistic for 2023, relying on its expansion efforts and strong momentum. Management […]
Business
February 3, 2023
Boyd Gaming Posts Record-Breaking Q4 2022 Results
Boyd Gaming Corporation posted its financial results for the fourth quarter of 2022. As reported by the gaming and hospitality giant, the three months ended December 31 were very successful for the company, as was the entire year. Q4 Saw Boyd Gaming Perform Strongly As announced, Boyd Gaming recorded revenues of $922.9 million in Q4 […]
Business
February 3, 2023
Paddy Power and Playtech Extend Successful Partnership
The new partnership extension builds on a strong foundation between the duo. In fact, Paddy Power and Playtech have collaborated for more than a decade, helping each other grow further into the iGaming vertical. Now, thanks to the new collaboration, Playtech will continue to be the exclusive provider of self-service betting terminals (SSBTs) for Paddy […]
Business
February 3, 2023
Playstudios Appoints Industry Vet Mickey Sonnino Global COO
The Tel Aviv-located creator of the iconic Tetris mobile app and other popular mobile games has used the voice of founder and chief executive officer Andrew Pascal to make the announcement. Sonnino to Manage Playstudios’ Global Operations Sonnino will report directly to Pascal and join a global management team while setting up her new headquarter […]
Business
February 3, 2023
Kaizen Gaming Inks New Partnership with Greco
The terms of the new deal, announced Friday, see Kaizen Gaming tap into Greco’s leading gameplay risk engine platform. Per the new collaboration, Kaizen Gaming will leverage the cutting-edge solution to boost its player management. At the same time, the company will benefit from boosting the trust in its online operations and ensuring unique gaming […]
Business
February 3, 2023
Jelly Joins Pariplay’s Ignite Program
Pariplay, a content provider owned by the global iGaming company NeoGames, has entered a new partnership arrangement with Jelly Entertainment, a developer of engaging gaming titles. As per the deal, Jelly’s content will be added to the Pariplay Ignite program. Pariplay Welcomes Jelly to Ignite Ignite is Pariplay’s aggregation solution, which allows the company’s partners […]
Business
February 3, 2023
SIS and Kiron Ink Deal for Bespoke 24/7 Channel in Africa
The trusted partner to the global betting industry for the past three and a half decades has joined hands with the company recognized for ongoing innovation and industry excellence to supply the African market with a combination of their market-leading Numbers products. According to the terms of the new deal, Sports Information Services (SIS) will […]
Business
February 3, 2023
Konami Group Reports 5.5% Group-Wide Revenue Increase through December 2022
The company that caters to the needs of digital and entertainment markets in Asia, Europe, and South America has recorded a group-wide revenue of JPY226.9 billion ($1.76 billion) through December 2022. Its Gaming and Systems segment has also generated the most significant year-on-year growth, reaching JPY27.86 billion ($216 million) during the same period. Factors that Influenced […]
