Lottery
December 1, 2022
Intralot Posted 83% Drop in Q3 2022 Profit, 65.8% Drop YTD
Gaming and lottery solutions and technology provider Intralot reported its financial results for the third quarter of 2022, registering an 83% drop in earnings before tax year-over-year. Three Months to September 30, 2022 For the three months ended September 30, 2022, Intralot reported a turnover of €96.9 million ($101.75 million), marking a decrease of 3.2% […]
Business
December 1, 2022
Sands China Restructures Share Capital of Macau Subsidiary New Gaming License
Sands China Ltd, a Macau-based resort developer, and operator, has announced that it would restructure the share capital of its Macau subsidiary, Venetian Macau Ltd (VML), which detains its Macau gaming license in order to comply with Macau’s new gaming law. The restructuring of VML’s share capital will prepare the company for a new ten-year […]
Business
December 1, 2022
FL Entertainment Announces Nine-Month 2022 Results
Leading independent online sports betting, multimedia, and content production company FL Entertainment has announced its financial results for the first nine months of 2022. The fast-growing platform that relies on its Banijay and Betclic Everest Group businesses has reported strong growth in revenue along with high levels of profitability and significant cash flow conversion. The […]
Business
November 30, 2022
Nevada Operators Report Increase in Gaming Win for October
Licensed gambling operators in Nevada enjoyed strong results in October, judging by details released by the gambling regulator in the state. Nevada Regulator Reveals October Report The gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB), released its latest report Tuesday outlining the performance of licensed operators during the last month. In total, the […]
Business
November 30, 2022
Ainsworth Game Tech to Restart Paying Dividends to Shareholders
Ainsworth Game Technology, one of Australia’s leading slot machine suppliers, has announced plans to self-fund its global expansion in the coming years, with a strong focus on 2023. The news was announced during the Annual General Meeting that took place last week and was headed by chairman Danny Gladstone. Ainsworth Building Up Cash Reserves to […]
Business
November 29, 2022
Rivalry Unveils Q3 Results, Posts Record Revenue
Globally regulated sports betting, technology, and media company Rivalry has published its third-quarter results for 2022, along with the results for the nine-month period that ended on September 30. The Toronto–based company that manages an international team dispersed in over 20 countries also published the preliminary results for October, announcing it as the first profitable […]
Business
November 29, 2022
Itai Pazner: Handling Debt Is 888’s Top Priority
Leading gambling group 888 Holdings is holding its Capital Markets Day today, November 29. Ahead of the event, the group spoke about some topics that will be discussed. Paying back 888’s outstanding debts continues to be a core priority amid investor unrest. 888 Holdings Must Deal with Debts 888 shareholders remain concerned about the money […]
Lottery
November 29, 2022
Allwyn Posts Strong Q3 According to Preliminary Results
The leading global lottery operator, Allwyn International, released its latest trading update Tuesday. The company unveiled its preliminary results for the three and nine months ended September 30, 2022. Allwyn Releases Q3 Preliminary Results Judging by the recent data, Allwyn enjoyed a strong quarter with gross gaming revenue (GGR) hitting €958.6 million ($995.2 million). When […]
Business
November 29, 2022
888 Holdings to Discuss Strategy at CMD Event
888 Holdings, a leading global gambling company, has updated its strategy for sustainable gambling creation. More details, the holding said, would be shared at its Capital Markets Day (CMD). 888 Will Discuss Its Future The CMD event, according to 888, would feature several presentations from its executive, who will shed light on the company’s updated […]
Business
November 28, 2022
Lottomatica Posts Interim Results for the Period Ended September 30
Lottomatica, the biggest Italian gambling operator, has posted a spectacular year-to-date revenue for the period ended September 30, 2022. During the first nine months of the year, the company earned over $1 billion, according to an interim trading report. Report Outlines the Company’s Performance in the Period Ended September 30 Lottomatica has surpassed the milestone […]
