Industry
March 24, 2023
Brian Blake Bolsters IGT’s Leadership as the New VP of DEI
As VP of Diversity, Equity, and Inclusion (DEI), Blake will build on his previous successes with the NHL. His employee learning programs helped unify the organization and usher beneficial behavioral changes even among the senior executive team. Blake joins IGT at a pivotal moment for the company as it continues to pursue expansion through high-profile […]
Business
March 23, 2023
Affiliate Gambling.com Publishes Unaudited Q4 2022 Results
Gambling.com Group, a provider of iGaming digital marketing services, has posted its unaudited financial results for the fourth quarter of 2022. The company’s revenue skyrocketed and so did its net income. Gambling.com reported $21.3 million for the period, representing a stellar 107% year-on-year increase from Q4 2021’s $10.3 million. Net income increased to $4.4 million, […]
Business
March 22, 2023
Intralot’s New CCO Will Spearhead North American Expansion
The new appointment is the latest step amidst Intralot’s restructuring efforts. The gaming and lottery technology provider severely underperformed last year, but several promising high-profile agreements may herald substantial improvements. Bateson’s extensive industry experience and history of success may be just what the company needs to get back on its feet. The Company Is Trying […]
Business
March 22, 2023
Star Entertainment Appoints David Foster as Chairman amidst Ongoing Difficulties
The company is experiencing significant hardships after losing its New South Wales and Queensland licenses, owing hundreds of millions in fines and facing several class action lawsuits. Foster’s appointment is part of an ongoing process to remedy the company’s shortcomings, ensure compliance and contest unjust allegations. The new chairman remains optimistic regarding the company’s future […]
Casino
March 21, 2023
Dream Las Vegas Construction Stalls as Developers Run Out of Funds
Shopoff Realty Investments, one of the companies behind the project, is confident that the planned hotel is promising enough to draw additional investors. Rising inflation and other economic pressures almost doubled the construction costs, and the funding-related delays may push back the planned late 2024 launch. Despite ongoing difficulties, the developers remain optimistic and will […]
Casino
March 20, 2023
Toronto Gambling Expansion Threatens MSIFN Economic Health
The Great Canadian Casino Resort Toronto is expected to open its doors this summer. The announcement pleased many industry participants and punters were happy with the prospect. However, First Nation considered it part of a behavioral pattern that might threaten its economic health, as more gaming establishments in the area means a more fragmented market […]
Industry
March 16, 2023
Francesco Postiglione Designated as Casumo CEO
Casumo, an innovative, award-winning and mobile-first iGaming company, has reinforced its leadership team with the addition of Francesco Postiglione as its chief executive offer. In this role, Postiglione will replace Oscar Simonsson, Casumo’s co-founder, who served as CEO for a time. Simonsson is certain that the new appointee has what it takes to take Casumo […]
Business
March 15, 2023
LVCVA to Sell 10 Acres of Strip Land for $125M
The Las Vegas Convention and Visitors Authority (LVCVA) approved the sale of 10 acres of land on the Las Vegas Strip. The deal, which will see the entity sell the parcel to Brett Torino and Paul Kanavos for $12.5 million per acre, was unanimously approved by LVCVA’s directors. The $125 million deal will see the […]
Business
March 14, 2023
Super Group Publishes Preliminary Q4 and FY22 Results
Super Group, the group behind the Betway and Spin gambling brands, has published its preliminary Q4 and full-year 2022 financial results. The company saw its revenue exceed the guidance range, causing Super Group to be optimistic about the future despite certain declines. Super Group’s unaudited Q4 financial highlights show Q4 revenue of around $353 million […]
Industry
March 10, 2023
Genius Sports Revealed Impressive Full-Year 2022 Performance
Data, technology and broadcast company Genius Sports released today its fourth quarter and full year 2022 financial report, posting an impressive increase in revenue and a significant drop in the group’s net loss. Quarterly and Full-Year Revenue Genius Sports generated $105.34 million in revenue in the fourth quarter and $341.03 million in the full year […]
