Daily news

  • daily_news

    Esports betting operator Esports Entertainment Group has signed a letter of intent to acquire certain assets of mobile games studio Flip Sports.

  • daily_news

    The enlarged Gamesys Group has seen reported gaming revenue double year-on-year in the six months to 30 June, aided by record revenue from Asia.

  • daily_news

    Digital media giant InterActiveCorporation (IAC) has acquired a 12% stake in MGM Resorts International, describing the investment as a “once in a decade” opportunity.

  • daily_news

    South African gaming and entertainment business Tsogo Sun has struck a deal move into the country’s sports betting market through the acquisition of a 50.1% stake in local land-based and online operator Betcoza.

  • daily_news

    Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.

  • daily_news

    William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.

  • daily_news

    The novel coronavirus (Covid-19) pandemic has hit International Game Technology (IGT) hard in the second quarter of 2020, with revenue dropping 48.4% and the business posting a net loss of $279.6m.

  • daily_news

    The iGB Live! and iGB Affiliate Amsterdam shows have been postponed to 2021, amid ongoing uncertainty caused by new travel restrictions related to the ongoing novel coronavirus (Covid-19) pandemic.

  • daily_news

    Esports betting operator Luckbox expects to receive final approval for its listing on Toronto’s TSX Venture Exchange (TSXV) by October, and has set out an expansion roadmap that will see it grow its management team and launch a B2B arm.

  • daily_news

    Svenska Spel chief executive Patrik Hofbauer said the operator is showing signs of recovery following the disruption caused by novel coronavirus (Covid-19), which led to a 9.6% year-on-year revenue decline in the first half of the year.

  • daily_news

    Speaking at iGB Live! Online, Better Collective chief executive Jesper Søgaard set out why he believes a licensing regime for affiliates is both desirable and necessary.

  • daily_news

    Shareholders of Roar Digital, the joint venture between MGM Resorts and GVC Holdings, have committed to a second round of investment in the business, bringing its total funding to $450m.

  • daily_news

    Esports betting operator Esports Entertainment Group has announced that it will close its purchase of online betting and gaming operator Argyll Entertainment on or before 31 July, after finalising a definitive agreement for the acquisition.

  • daily_news

    Nikolas Lynhe-Knudsen will take on the role of chief executive at Denmark’s state-controlled gaming operator, Danske Spil, from 1 October 2020.

  • daily_news

    Gaming solutions giant International Game Technology (IGT) has announced a new organisational structure that focuses the business on two key segments.

  • daily_news

    Flutter Entertainment announced plans to accelerate US expansion and reduce debt through an equity placement that raised £812.6m, after revealing a 10% rise in revenue for the first 47 days of its second quarter.

  • daily_news

    The Malta Gaming Authority (MGA) has revealed that it anticipates B2C gross gaming revenue for 2020 to fall 12% below initial forecasts as a result of disruption caused by novel coronavirus (Covid-19).

  • daily_news

    Trading in shares of struggling B2B supplier Nektan on the London Stock Exchange’s Alternative Investment Market has been cancelled, after the company failed to appoint a new nominated advisor.

  • daily_news

    Swedish gaming operator LeoVegas has reported a 3.6% year-on-year rise in revenue for the first quarter of 2020, aided by growth the Nordic region offsetting a decline in revenue from the rest of Europe.

  • daily_news

    The chief executives of a further seven Swedish licensees have signed a petition organised by operator association Branscheforenigen for Onlinespel (BOS), protesting tightening restrictions imposed by Minister for Health and Social Affairs Ardalan Shekarabi.

Pages