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Business
October 18, 2024
Chris Rock Stars in Another BetMGM UK Campaign
BetMGM has once again onboarded Chris Rock for a marketing campaign in the United Kingdom. The comedian originally starred in the company’s launch campaign when the operator hit the British market and has now appeared in another advert. It’s Showtime! The new campaign was launched on October 17 and will be aired on TV, radio […]
Business
October 18, 2024
Analyst Hints at Potential Golden Entertainment Casino Sale-Leaseback
On Wednesday, the American gaming company that operates gaming properties, slot routes and taverns, Golden Entertainment, confirmed that its third quarter 2024 financial results are going to be released after market close on November 7, 2024. Ahead of the release of the financial figures, analysts shared their forecast, discussed potential challenges and opportunities the company […]
Business
October 17, 2024
Kindred Publishes Financial Update as Part of FDJ’s Takeover
Online gaming operator Kindred Group, has published a new financial update as part of its tender offer by the French national lottery operator La Française des Jeux (FDJ). Kindred is set to publish its full report on October 25. The Results Are in Line with Earlier Projections Kindred noted that the publication of its unaudited […]
Business
October 17, 2024
Entain Posts Favorable Q3 Figures, Decides Against Crystalbet Sale
Gambling giant Entain has posted a trading update for the third quarter of the year, highlighting results that were ahead of the forecasts. At the same time, Entain decided to retain the Crystalbet brand. The Q3 Results Were Unexpectedly Strong In its official report, Entain highlighted an 8% increase in its total group net gaming […]
Business
October 17, 2024
J.P. Morgan Analyst Lowers MGM Resorts Projections for 2025
J.P. Morgan, an American multinational finance company, has lowered its projections for MGM Resorts International. In an investor note published on October 15, analyst Joseph Greff attributed the trimmed cash-flow projections to a variety of setbacks. The Analyst Expects the Company to Lose Market Share in Macau Greff cited uneven performance for MGM Resorts, sharing […]
Business
October 17, 2024
Las Vegas Sands Owner Miriam Adelson Donates $95M to Pro-Trump PAC
Dr. Miriam Adelson, billionaire and owner of the Las Vegas Sands, has contributed $95 million to the pro-Trump Preserve America PAC during the third quarter of 2024, a substantial boost to the former president’s re-election campaign. Adelson’s Support Key as Trump Campaign Lags Behind Harris in Fundraising The donations, made between July and September, bring her […]
Business
October 16, 2024
Codere Completes Global Recapitalization, Cuts Debt by €1BN
Spanish multinational operator founded in 1980 and listed on the national stock exchange, Codere, has announced the successful completion of its global recapitalization process. As a result of the worldwide corporate restructuring aimed to change the company’s capital structure, the operator, who was the pioneering gaming company to provide regulated brick-and-mortar-based sports betting in Spain, […]
Business
October 15, 2024
DraftKings Expands Portfolio with Mustard Golf Acquisition
DraftKings has announced its acquisition of Dijon Systems, a subsidiary of Mustard Systems, in a deal that aims to elevate the operator’s golf betting capabilities. This strategic move closely follows DraftKings’ acquisition of Simplebet and is part of parent company Flutter Entertainment’s ambitious plans for the remainder of 2024 and beyond. The New Acquisitions Round […]
Business
October 15, 2024
Kindred Restructures Its Board Following FDJ’s Takeover
Kindred Group announced major changes to its board of directors following its takeover by La Française des Jeux (FDJ). The historic deal, which cemented FDJ as one of Europe’s biggest gambling companies, led to significant restructuring for Kindred. Kindred Unveils New Board Lineup According to Kindred’s announcement, several directors, including James H. Gemmel, Cédric Boireau, […]
Business
October 14, 2024
Digitain and Sport Generate Executive Departs, Plans to “Catch Up on Sleep”
Simon Westbury, the chief executive officer of Sport Generate and chief business officer of Digitain announced his departure from the businesses. While he has fond memories of serving the two companies, the man now plans to “catch up on sleep.” Westbury Remembers His Time at Digitain and Sport Generate Fondly Westbury joined the industry-leading iGaming […]
