Business
October 31, 2022
RAS Reports Spectacular Q1 Revenues
Racing and Sports (RAS), a tech, data, digital and media company that serves the horse racing industry, has posted record-breaking Q1 financial results in its native market. The company’s revenue increased by 62% thanks to a successful business strategy. RAS’ Revenues Skyrocketed In Q1 of the new fiscal year, Racing and Sports reported revenue of $1.82 million (converted […]
Business
October 28, 2022
Real Luck Rejects Arviv’s Merger Proposals
After announcing it became the official sponsor for Thunder Awaken as Team Battles in TI11 last week, Real Luck Group has now explained why it rejected a couple of merger proposals from Kaos Capital’s founder and chief executive officer Adam Arviv. The group called Arviv’s proposals “contradictory and opportunistic,” questioning whether he had been acting […]
Business
October 28, 2022
Red Rock Resorts Publishes Q3 Results
Red Rock Resorts, the NASDAQ-listed holding company that manages Station Casinos LLC and owns an indirect equity interest in it, has published its Q3 results. The company has reported an “effectively flat” revenue on a year-on-year basis compared to Q3 2021. It also signaled a 19% rise in new income and a 1.4$ drop in […]
Business
October 28, 2022
Jud Hannigan Wraps up Seven-Year Journey with Allied Esports
Jud Hannigan has resigned as the chief executive officer at Allied Esports. The news came via a LinkedIn announcement shared on Hannigan’s profile in which he detailed his motivation behind the decision on Thursday. He originally stepped into the position back in February 2017 and presided over the group’s growth and expansion efforts in various […]
Business
October 28, 2022
GLPI Posts Strong Q3 Results, Boosts Guidance
Gaming and Leisure Properties (GLPI), a real estate investment trust focused on real property assets for gaming operators, has published its Q3 2022 results. The company recorded slightly higher revenues and a significant profitability increase. A Profitable Quarter for GLPI In Q3 2022, GLPI’s revenues increased to $333.8 million, which represents an 11% year-on-year increase. […]
Business
October 28, 2022
Azure Gaming America Deploys Games with Play Synergy as It Expands
Azure Gaming America, a prominent developer of premium quality products for the gaming industry across the globe, has struck a new partnership with Play Synergy. Play Synergy is a casino game manufacturer and distributor and will now leverage Azure’s Class II and Historical Horse Racing titles across North America. Play Synergy and Azure Gaming Join […]
Business
October 28, 2022
Fanatics Brings Orlando Ashford into CPO
Fanatics, a sports company that is making strong forays into the sports betting market, has appointed Orlando Ashford as its new chief people officer (CPO). The role has been created as part of Fanatics Holdings and it will put Ashford in a position where he will work closely with the business’ commerce, collectables, betting & […]
Business
October 28, 2022
Caesars Sportsbook Goes Live in Ohio Ahead of Sports Betting Launch Date
Caesars Entertainment has just announced that Caesars Sportsbook is now available in Ohio ahead of the launch of legalized sports betting set for January 1, 2023. Caesars Sportsbook Goes Live Ahead of Official Sports Betting Launch in Ohio The Caesars Sportsbook mobile application and desktop version are now available for download in Ohio. The official […]
Business
October 27, 2022
Kindred, Svenska Spel and ATG Form Gambling Data Deal
Kindred Group, the leading online gambling operator consisting of nine brands, announced a new collaboration with Svenska Spel and ATG on Wednesday. The trio forged a new partnership that will seek to raise awareness of problem gambling and help reduce gambling harm through dialogue. New Data Will Raise Awareness of Gambling Harm in Sweden As […]
Business
October 27, 2022
Kindred Expects Strong Year despite Q3 Decline
Online betting and iGaming operator Kindred Group released its official Q3 earnings statement, detailing the company’s current financial status and prospects. The Stockholm-listed operator’s year-on-year revenue dropped by 7%, but the management team remains confident in future success thanks to the strong Netherlands launch and the upcoming World Cup. Financial Results Were Less than Stellar […]
