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Business
February 21, 2025
Boyd Gaming Unveils Increase in Dividend
This year, Boyd Gaming, an operator that owns gaming entertainment properties in 10 states, manages a tribal casino in another one, and operates iGaming B2B and B2C businesses, celebrates its 50th birthday. Investors will also have reasons to celebrate as the leading American casino & hospitality company just announced that it will be raising its […]
Business
February 21, 2025
Caesars Entertainment Continues to Reinvest in Las Vegas Properties
Las Vegas is currently the home of nearly 300 hotels and casino resorts. As a premium gaming, entertainment and hospitality destination that is popular across the globe, Sin City welcomes tens of millions of visitors every year. While many recognizable gambling and hospitality giants have already established their footprint in the gambling capital of the […]
Business
February 21, 2025
Fitch Assigns Junk Rating to DraftKings, Citing Ongoing Risks
Fitch Ratings has given DraftKings a BB+ Long-Term Issuer Default Rating (IDR) putting the company just below investment grade. The credit rating agency also gave a BBB- rating with an RR1 recovery rating to the gaming company’s senior secured debt, while its senior unsecured convertible notes got a BB+/RR4 rating. However, Fitch‘s overall outlook for […]
Business
February 20, 2025
Better Collective Posts Strong Q4 and 2024 Results, Adjusts Strategy
Better Collective, the digital sports media group, released a new trading update, highlighting strong growth observed in the final quarter of 2024 and overall solid results for the full year 2024. Company Revenue Grows in Q4, 2024 The company announced Wednesday its interim report, confirming that it wrapped up 2024 with €96 million ($100.3 million) […]
Business
February 19, 2025
Gambling.com Publishes Preliminary Q4 Report, Introduces FY 2025 Guidance
Gambling.com Group, one of the leading providers of affiliate services to the global iGaming industry, has published its preliminary results for 2024. In addition to that, the company published its FY 2025 guidance, raising its expectations for the year. The Report Outlined Favorable Metrics In its report, Gambling.com said that its revenue for the fourth […]
Business
February 19, 2025
Raketech Q4 Report Outlines Continued Challenges
Gaming specialist Raketech has published its report for the fourth quarter of 2024, highlighting a decline in revenue. In the wake of the sale of the Tipster business in the US, the company has been focused on improving conversion rates and monetization for its digital tipster platforms. The Financials Were Not Optimal In Q4 2024, […]
Business
February 19, 2025
Adventure Box Pens Letter of Intent to Acquire RWB Smart Solutions
Adventure Box, a Stockholm-based computer game technology company, announced that it has submitted a non-binding letter of intent (LOI) to acquire RWB Smart Solutions. By securing a 100% stake in the Asia-based casino solutions company, Adventure Box would be able to greatly expand its presence in Asian iGaming. Adventure Box Sets out to Acquire RWB […]
Business
February 19, 2025
Bain Capital Takes Control of Mohegan INSPIRE as MGE Defaults on Debt
All seemed to be going well for the Mohegan INSPIRE Entertainment Resort in South Korea. Unfortunately for the ambitious tribal operator, financial hurdles led to private equity firm Bain Capital securing a controlling stake in Mohegan’s Korea-facing division, MGE Korea. In the aftermath of the takeover, Mohegan vowed to continue to negotiate an outcome that […]
Business
February 19, 2025
Incentive Games Appoints Ahmed Baker as CCO
Incentive Games, a leading provider of content to betting and casino brands, announced that it has expanded its C-suite with a new appointment. According to the company, the experienced Ahmed Baker has joined its ranks as its new chief commercial officer. The New CCO Will Spearhead the Company’s Commercial Strategy Incentive Games announced that Baker, […]
Business
February 18, 2025
North Star Network Acquires Bojoko to Secure Instant Foothold in iGaming
Global sports media giant North Star Network (NSN) announced Monday that it has acquired Bojoko, an award-winning iGaming affiliate. The deal marked NSN’s “decisive step” into the casino space. A Decisive Step into iGaming In its announcement, NSN said that the agreement was officially closed on February 14 and covered all Bojoko assets. Although the […]
