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Business
February 9, 2024
Blackstone-owned Crown Resorts CEO Cleared of Wrongdoing
After an internal investigation, Crown Resorts, under the ownership of Blackstone, has absolved its CEO, Ciaran Carruthers, of any wrongdoing following allegations that he intervened in security matters at Melbourne’s Crown casino. Crown Resorts Chairman Affirms CEO’s Innocence Amidst Investigation In a statement to staff, Crown chairman Bill McBeath emphasized the findings of the independent […]
Business
February 8, 2024
SOFTSWISS Secures Platform Provider of the Year Award
iGaming tech specialist SOFTSWISS has been named Platform Provider of the Year at the Global Gaming Awards EMEA. This acknowledgment, coming in the wake of a fruitful week at ICE London, solidifies the company as an industry leader in the region. Firmly focused on the EMEA region, SOFTSWISS secured the prestigious accolade after more than […]
Business
February 8, 2024
Light & Wonder to Aggregate Crucible Gaming Content
Leading gambling content and services provider Light & Wonder has signed a deal to aggregate content from Crucible Gaming. The latter company is a fast-growing gaming studio that has rolled out a number of very successful titles since its founding. Under the agreement, five of Crucible Gaming’s best games will go live on Light & […]
Business
February 8, 2024
Red Rock Resorts Enjoys Strong Q4 and Full Year 2023 Results
The leading casino and hospitality company, Red Rock Resorts, published its latest results, uncovering details regarding its performance for the fourth quarter and full year 2023. On Wednesday, the company released its unaudited report, pointing to strong growth in revenue as well as an increase in adjusted EBITDA for the three months ended December 31, […]
Business
February 8, 2024
Wynn Macau Surpasses Q4 Expectations with Strong Revenues
In a notable rebound, Wynn Macau Ltd, the Macau-based casino operator and subsidiary of Wynn Resorts Ltd, has reported impressive financial results for the fourth quarter of 2023. According to a filing with the Hong Kong Stock Exchange, the company recorded total operating revenues of $910.6 million, an 11.1% increase from the previous quarter. This […]
Business
February 7, 2024
Svenska Spel Posts 2023 Interim Report, Plans $181M Dividend
Svenska Spel has published its interim report for 2023, highlighting stable revenue. The year saw Svenska Spel earn a total net revenue of SEK 8,029 million ($766 million), in line with last year’s results. This followed a stable fourth quarter in which the company recorded net gaming revenue of SEK 2,121 million ($202 million) – […]
Business
February 7, 2024
Games Global Secures Three Awards, Completes DGC B2B Acquisition
Games Global, a leading iGaming supplier, secured a number of awards as ICE 2024 kicked off. In addition, the company has now completed its acquisition of DGC B2B from Super Group. Games Global Scoops Up Three Prestigious Awards Games Global was recognized at the International Gaming Awards 2024, securing three prestigious accolades. The company was […]
Business
February 7, 2024
Light & Wonder Unveils Strategic Investment in Flows
Light & Wonder has unveiled a strategic investment in Flows, a revolutionary no-code automation platform. The deal will empower Flows, allowing it to scale up its operations and conquer new markets. Light & Wonder is no stranger to Flows’ impressive no-code automation platform and recognizes its potential to benefit the industry. The former company has […]
Business
February 7, 2024
LeoVegas Designates Ben Ingham as UK Country Manager
LeoVegas Group, a leading international iGaming company committed to creating best-in-class iGaming experiences, has reinforced its team with a new industry heavyweight. The one to join the company is the skilled Ben Ingham who boasts years of experience in the sector. As announced by Ingham himself, he will be joining the online gambling powerhouse as […]
Business
February 7, 2024
Barclays Cuts Entain’s Price Target, Downgrades Company to Equalweight
Late last year, Entain faced pressure from activist investors, urging for change in light of a tipping share price trend observed over the year. The announcement came on the heels of the unexpected departure of the company’s CEO, Jette Nygaard-Andersen. Now, Barclays reduced its price target for Entain from 1,120p to 1,070p, downgrading the company […]
