Business
November 25, 2022
STS Group Reports Increase in Revenue and Profit in Q3
The fast-growing bookmaker in Central Europe and leading operator in Poland, STS Group, released its latest trading update Friday. The company revealed it enjoyed a strong performance for the third quarter, boosted by an increase in customer activity because of an action-packed sports schedule. STS Posts Third Quarter Results Overall, STS Group reported PLN 150 […]
Business
November 24, 2022
Playtika Completes $25М Ace Games Investment
Mobile gaming entertainment and technology company Playtika Holdings announced the successful completion of a $25 million minority investment in Turkish mobile gaming developer Ace Games. The move aims to bolster Playtika’s international growth and expand the company’s footprint in the mobile gaming market. Playtika Invests in Winning Verticals Playtika’s newest investment comes not long after […]
Business
November 24, 2022
Betting Handle in New Hampshire Hits $91.3M in October
The sports betting handle reported by licensed operators in New Hampshire in October marked the second highest since the start of the year, judging by details released by the gambling regulator in the state. Combined Betting Handle Hits $91.3M in October The New Hampshire Lottery, the authority tasked with the regulation of sports betting in […]
Casino
November 24, 2022
Macau May Require Concession Candidates to Invest More
The government in the special administrative region of Macau is reportedly asking concession applicants to increase their investment. The region’s gambling industry has been struggling for a while, which may be why Macau is demanding a more substantial guarantee from to-be concessionaires. Macau Reportedly Asked Companies to Invest More TDM Portuguese Radio first reported that […]
Business
November 23, 2022
OPAP Reports Growth in Q3 Boosted by Online Segment
The leading gaming operator in Greece, OPAP, released its latest financial results Tuesday. The company reported strong growth in gross gaming revenue (GGR) for the third quarter and the first nine months of 2022. OPAP Releases Third Quarter Results, GGR up 6.1% In total, OPAP’s GGR for the third quarter this year hit €498.8 million […]
Lottery
November 23, 2022
UK National Lottery Posts Record H1 Contributions, Revenue
The UK National Lottery has reported that its sales have reached an all-time high of £4.06 billion or roughly $4.85 billion at the time of writing. The sales were reported during the first six months of the 2022-2023 financial year and they are largely boosted by the operator leaning in heavily on digital sales. Camelot’s […]
Industry
November 23, 2022
Philippines Gambling Industry Set to Hit $10B by 2027
The Philippines casino industry is set to continue growing over the next several years, with gross gaming revenue set to reach $10 billion by 2027, GCG Gaming Advisory Services, a consultancy firm, outlined, cited by Asgam. Many Reasons for Optimism Moving Forward According to GCG, there is significant and consistent growth in the gambling industry […]
Industry
November 22, 2022
Super Group: Q3 2022 Results in Line with Full-Year Guidance
Super Group Limited (SGHC), the operating subsidiary of Super Group’s online gaming brands Betway and Spin, released its report for the third quarter of 2022, posting a 2% decrease in revenue and more than a 30% decrease in profit year-over-year. Revenue Took a Slight Hit But Remained Robust For the three months ended September 30, […]
Business
November 22, 2022
Sports Betting Handle in Louisiana Sets New Record in October
October was a strong month for regulated sports betting operators in Louisiana, judging by details released by the gambling regulator in the state. Last month marked the highest betting handle since the launch of mobile sports betting in the state. Sports Betting Handle Hits $219M in October The gambling regulator in Louisiana, the Louisiana Gaming […]
Business
November 22, 2022
AskGamblers Sale May Prop Up Catena’s Restructuring Efforts
Gambling affiliate operator Catena Media may soon enjoy a brief respite amidst a tumultuous 2022. The company has been underperforming in recent months and is now attempting to divest itself of some of its brands and stagnating European assets. Recent news suggests that AskGamblers.com, Catena’s online gambling player community portal, may have attracted a potential […]
