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Business
March 7, 2025
LV Sands CEO Goldstein to Step Down, Dumont Expected to Succeed
NYSE-listed Las Vegas Sands has announced that chairman and chief executive officer Robert Goldstein will transition to the role of senior advisor beginning March 1, 2026. The leader in developing and operating integrated resorts with pioneering properties also revealed that its board of directors plans on nominating current president and chief operating officer Patrick Dumont […]
Business
March 6, 2025
UKGC Asks Brits to Weigh in on How Deposit Limits Should Work
The UK Gambling Commission (UKGC) has asked Brits to weigh in on how deposit limits should work. The new consultation will run until April 30 and will allow the commission to see consumers’ opinions on the matter. The Different Types of Limits Can Confuse Consumers The UKGC’s latest consultation is related to new consumer control […]
Business
March 6, 2025
Entain Posts Robust 2024 Financials, Expects Continued Growth
Global gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billion), supported by an 8% increase in EBITDA to £1.09 billion ($1.41 billion). Entain remains optimistic regarding its prospects […]
Business
March 6, 2025
FDJ Rebrands as FDJ UNITED, Posts Impressive 2024 Financials
La Française des Jeux (FDJ), the operator of France and Ireland’s national lotteries, has published its latest financial report, highlighting strong 2024 results. In addition to that, the company unveiled a new identity, rebranding itself to FDJ UNITED. FDJ Ends 2024 on a Strong Note According to FDJ UNITED, its acquisition of Kindred was a […]
Business
March 6, 2025
Flutter Leaders Discuss the Company’s Q4 Results and 2025 Prospects
Flutter Entertainment’s recent earnings call highlighted the company’s optimism about its business and long-term potential. CEO Peter Jackson and CFO Rob Coldrake were happy with the performance and looking forward to continued success in 2025. CFO Coldrake Says Flutter Is “Quite Sanguine” about Its Margins The call, which took place on March 4, saw the […]
Business
March 6, 2025
Bally’s Posts Mixed Q4, Cancels Earnings Call as Shares Plummet
Bally’s Corporation suddenly canceled its earnings call shortly after its stock’s value plummeted. The company’s Q4 report wasn’t very reassuring either, as EBITDA remained unimpressive across all segments, suggesting a troubled period for the American operator. The Earnings Call Was Canceled On March 5, Bally’s Corporation’s shares took a sudden dip, experiencing a 23.6% decline […]
Business
March 6, 2025
FDJ Restructures Executive Team and Business Units
Française des Jeux (FDJ) has announced a major reorganization of its executive leadership and operational structure following its acquisition of Kindred Group. The move is part of a broader strategy to strengthen its position in the European gambling market while advancing its digital transformation and international expansion. FDJ Reshapes Operations with Four Key Divisions and […]
Business
March 5, 2025
Flutter Entertainment Reports Strong Q4 2024 Performance, Signals Bullish 2025 Outlook
Flutter Entertainment enjoyed a robust fourth-quarter 2024 performance, exceeding expectations with better-than-expected earnings and a confident outlook for 2025. The global gaming giant maintained momentum, supported by stable revenue growth in its key markets, an expanding player base, and strategic acquisitions. Overall Results Remain Consistent Flutter recorded a 14% year-on-year revenue increase, reaching $3.79 billion […]
Business
March 5, 2025
BetMGM Announces Layoffs Amid Growing Market Challenges
BetMGM, a top player in the online gambling world, has said it will cut 83 jobs at its main office in Jersey City, New Jersey. The job cuts will start on May 27, as the company deals with slower growth in sports betting and tougher competition from other betting firms. BetMGM Adjusts Strategy as Sports […]
Business
March 4, 2025
Genius Sports’ Q4 and FY 2024 Report Highlights Strong Financials
Genius Sports has become the latest sports data company to publish its Q4 and full-year report. The company has likewise posted its guidance for 2025, confirming that it expects its metrics to continue hiking. Genius Sports’ Metrics Increased Across the Board In the fourth quarter of the year, Genius Sports’ group revenue was up 38% […]
