Casino
February 6, 2023
Another Chance for Texas to Legalize Casinos in November
This contrasts with last year’s push to create casinos separately, which was quickly shot down despite a large lobbying and TV ad campaign, plus – of course – millions of dollars. By reducing friction with racetracks, though, things could be different this time. New Proposal Involves Racetracks State Rep. Charlie Geren filed House Joint Resolution […]
Legal
February 6, 2023
Tim Costello Continues His Crusade for NSW Gambling Reforms
As the chief advocate for the Alliance for Gambling Reform (AGR), Costello has been deeply involved in the fight to bring meaningful positive change to New South Wales’ gaming market. The organization aims to protect ordinary people from gambling harm and curb the industry’s criminal times and money laundering potential. To that end, they have […]
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 […]
Casino
February 3, 2023
Rootz Received Online Casino Operating License in Ontario
Online casino operator Rootz announced this week it has been granted an operating license in Ontario, allowing it to offer its suite of casino games to players in the Canadian province from January 2023. Expanding Global Footprint Following the approval, the Rootz family of casinos is ready to hit the regulated market of Ontario and […]
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 […]
Casino
February 3, 2023
NSW Gambling Overhaul to Include Facial Recognition
Amid plans for reform in gambling activities, the competing parties in NSW, Labor and Liberal, both showed support for the use of facial recognition technology (FRT). Although the elections are upcoming, it remains unclear which developer of FRT will be proposed by each of the parties, a recently released report by iTnews reveals. FRT may […]
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 […]
Business
February 3, 2023
EveryMatrix Enjoys Stellar Fourth Quarter and 2022 Results
Released Thursday, the company’s latest report revealed that in Q4, 2022, its revenue hit €39.5 million ($43.2 million). This result marked a significant 66% increase when compared to the corresponding period in 2021. Gross profit for the fourth quarter of 2022 increased as well, hitting €19.4 million ($21.2 million), up by 39% year-over-year. Not unexpectedly, […]
Industry
February 3, 2023
PAGCOR Poised to Return to Pre-Pandemic Results, Says CEO
Commenting on the latest results, PAGCOR chairman and chief executive, Alejandro Tengco, suggested that the gambling industry in the country could see a return to its pre-pandemic levels before long, and possibly this or next year, although no specificity on the timeline was offered. The Worst Is Behind, Economic Boon Is Ahead Tengco spoke in […]
