The Latest in finance
Business
January 20, 2023
Totem Technologies to Supply the Eastern Shawnee Tribe with Fintech
The Eastern Shawnee Tribe of Oklahoma will employ Totem Technologies’ safe financial solutions, TG&H reported yesterday. According to the tribal gaming news outlet, the agreement will allow members of the tribe to use Totem’s digital banking accounts. Totem to Supply the Tribe with Financial Solutions The report noted that the Easter Shawnee Tribe and Totem […]
Business
January 20, 2023
Real Luck Group Enjoys Stellar 2022 and Plans Growth in 2023
On Thursday, Real Luck Group released its Q4 report, revealing that its global betting handle surpassed CA$3 million ($2.23 million) by the end of the period. Additionally, the company reported that its fourth quarter revenue has seen solid growth, increasing by 120%. Not unexpectedly, Real Luck reported that the total player deposits in Q4 2022 […]
Industry
January 19, 2023
Pennsylvania Financial Results for 2022 Reveal Booming Gaming Industry
In the calendar year 2022, the combined revenue of slot machines, table games, sports wagering, iGaming, video gaming terminals (VGTs), and fantasy contests totaled $5.2 billion compared to $4.7 billion in 2021. iGaming Was the Main Contributor to the Record Revenue Growth One of the main drivers of this revenue increase was the growth in […]
Business
January 19, 2023
Catena Media Posts Preliminary Q4 2022 Results
Catena Media published the preliminary results for its performance during the final quarter of the year. It added that the year-end report will be published on February 22 this year. Catena Media Expanded in NA As evidenced by the results, Catena Media is on the rise in North America, its primary market. Data shows that […]
Industry
January 18, 2023
NJ Gambling Operators Post Strong Results for December and 2022
On Tuesday, the gambling regulator in the state released the gaming results for December 2022 and the year-to-date results, showing the gambling industry enjoyed strong performance not only in December but for the full year as well. New Jersey Gambling Operators Enjoy Strong Performance in December Judging by the latest figures, the total gaming revenue […]
Industry
January 17, 2023
JP Morgan: Macau Operators Already Profitable
They say one swallow doesn’t make a summer, so Macau has been very proactive to diversify its efforts in restoring the SAR to its previous status as one of the best tourist spots for gambling aficionados. Operators Profitable Again The investment bank’s analyst – DS Kim – provided a weekly update sharing numbers for the […]
Business
January 16, 2023
STS Group Celebrates Successful Fourth Quarter and 2022
On Monday, the company released an update, outlining its financial performance for the fourth quarter and the full year of 2022. Fourth Quarter Brings Success for STS Group The new data revealed that in Q4, 2022, STS enjoyed its highest net gaming revenue (NGR). The NGR for the fourth quarter of 2022 hit PLN 200 […]
Business
January 13, 2023
888 Records Disappointing Q4 Results, CFO to Step Down
Leading global gambling company 888 Holdings saw a surprising decline in revenue in the fourth quarter despite a World Cup boost 888 explained the slight dip in revenue with the new online gambling regulations in the UK, regarding the quarter with optimism despite the disappointing metrics. The company’s retail segment performed well, recording a modest […]
Industry
January 13, 2023
Indiana Betting with Handle of $431.4M in December
Indiana published data about the performance of its sports betting industry in December. The industry recorded favorable revenues despite a noticeable handle drop. Indiana Publishes Data about the Performance of Its Sports Betting Industry The Hoosier State reported that its sports betting industry posted a slight decline. According to official data, the vertical recorded a […]
Industry
January 13, 2023
AGA Published Commercial Gaming Revenue Tracker for the Months Ended November 2022
The American Gaming Association published its Commercial Gaming Revenue Tracker, featuring state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals. According to the AGA, the US commercial gaming industry experienced a 2.4% year-on-year growth in November. The Industry Posted Record-Breaking Revenue in November November was the 21st month of consecutive growth for […]