Greek lotteries and gaming solutions provider Intralot has reported an 8.5% year-on-year decline in revenue for the first quarter of its financial year, following weaker performances from all key business units.
GVC Holdings chief executive Kenneth Alexander has credited excellent operational execution, effective marketing and a good World Cup for helping drive growth in the operator’s 2018 results.
US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.
MGM Resorts International’s initiative to streamline the business and ramp up technology investment has prompted a number of changes to its executive team, with chief financial officer Dan D’Arrigo’s departure initiating a management reshuffle.
Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.
Finnish betting and lotteries agency Veikkaus is to cut 400 jobs from its land-based, table-gaming business in order to focus more on digital activities.
