Casino
November 22, 2022
Bally’s Inks a $500M Sale Leaseback Deal with Chicago Investor
Bally’s Corporation, one of the world’s leading entertainment companies, announced a new deal with a leading Chicago real estate private equity firm. As agreed by the two parties, the investor paid $200 million to acquire the 30-acre Tribune Publishing Center site. Bally’s Corporation Reached an Agreement with a Notable Investor The property in question is […]
Business
November 21, 2022
FCA Raises Concerns over Trading Apps with Gambling-like Features
First, it was the hype around crypto and then NFTs. Along with those, the popularity of trading mobile apps increased as well. While some consumers are after a long-term investment and show interest in financial markets, others may treat trading apps just like gambling. Trading Applications Offering Game-like Features The financial industry regulator in the […]
Lottery
November 18, 2022
Allwyn Announces €1.6bn Funding Deal with International Banks
Allwyn Entertainment announced that it had entered into a new €1.6 billion senior facilities agreement with a syndicated group of international banks. The €1.6 Billion Credit Facility Will Be Split Lenders under the aforementioned arrangement agreed to provide an aggregate €1.6 billion ($1.65 billion) facility to Allwyn International AS (“Allwyn International”, formerly known as SAZKA […]
Business
November 18, 2022
Operators in Pennsylvania Enjoy Strong Results in October
October marked another stellar month for licensed operators in Pennsylvania, judging by details released by the gambling regulator in the state. Gambling Revenue Hits $450.2M in October The Pennsylvania Gaming Control Board (PGCB), tasked with the regulation of sports betting and gambling in the state, revealed Thursday that the total revenue from all forms of […]
Business
November 18, 2022
New Jersey Operators Report $445.7M in Revenue for October
The gambling regulator in New Jersey, the Division of Gaming Enforcement (DGE), released its latest report outlining the performance of licensed sports betting, internet gaming and casino operators in October. DGE Releases October Report The total gaming revenue reported by racetracks, casinos and their partners last month hit $445.7 million. Although this was a strong […]
Industry
November 17, 2022
Golden Matrix Issued a Preliminary FY22 Revenue Estimate
Developer of online gaming platforms, systems and gaming content Golden Matrix announced in a press release today its preliminary revenues for the fiscal year ending October 31, 2022. Record Revenues Expected Golden Matrix revealed that in the twelve months ending October 31, 2022, it has generated record revenues of more than $34 million. The expected […]
Business
November 17, 2022
Kero Gaming Surpasses Fundraising Goals
Sports betting and customer engagement solution startup Kero Gaming announced that it had secured $2 million in extra capital from strategic investment company Happyhour.io. Kero plans to use the funds to bolster its signature sportsbook product and continue refining its vision. Kero Offers a Modern Approach to Wagering Founded in 2019, Kero Gaming has set […]
Business
November 17, 2022
Catena Releases Q3 Results, Confirms No Further Layoffs Planned
The leading gambling affiliate operator, Catena Media, released its latest interim report and provided an update on its strategic review Thursday. Catena Media Posts Q3 Results The company revealed its revenue for the third quarter hit €32.3 million ($33.4 million). A year-over-year comparison to the same period in 2021 showed that this year, the revenue […]
Business
November 17, 2022
Better Collective Q3 Revenue Increases 32% To €60M
The leading developer of education platforms in the iGaming industry, Better Collective, released its latest trading update Thursday. Better Collective Releases Q3 Results The company unveiled details regarding its financial performance for the third quarter and the first nine months of 2022. Judging by the recent data, the company’s revenue in Q3 hit €59.7 million […]
Industry
November 17, 2022
Massachusetts GGR Up to $97 Million in October
The Massachusetts Gaming Commission (MGC) has released a revenue report for the month of October 2022, according to which the state’s three gambling centers, namely Plainridge Park Casino, MGM Springfield, and Encore Boston Harbor, generated a total of $97.3 million in gross gaming revenue (GGR) in October. The data shows a 1% increase year-over-year and […]
