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Business
May 17, 2024
AGT Parts Ways with CTO Bollesen with Immediate Effect
Ainsworth Game Technology (AGT) is parting ways with David Bollesen, its chief technology officer. The news was confirmed on May 16 in an official ASX announcement. The Australian Exchange filing noted that Bollesen is departing from the company “on mutual agreement, with immediate effect.” The company acknowledged his contributions and expert input and wished him […]
Business
May 17, 2024
Sharon M. Avery Takes Acting Chair Role with NIGC
The regulatory body that oversees gaming on Indian lands, monitors such activities and ensures operators adhere to the Indian Gaming Regulatory Act (IGRA), the National Indian Gaming Commission (NIGC), confirmed the appointment of an acting chair. The Commission’s associate commissioner, Sharon M. Avery, was appointed to the role of acting chair of the NIGC by […]
Business
May 17, 2024
Gambling.com Group Posts Impressive Q1 Results, Updates Outlook
Gambling.com Group, a provider of digital marketing services to partners within the online gaming industry, has published its financial report for the period ended March 31, 2024. The quarter saw many of the company’s metrics increase, sparking confidence in its ability to generate revenue. Speaking of revenue, the company reported $29.2 million in revenue for […]
Business
May 17, 2024
Better Collective Expands UK Foothold with €42M AceOdds Acquisition
The digital sports media group, Better Collective, announced it successfully completed the acquisition of AceOdds, a leading UK sports betting media brand. The group confirmed that the acquisition with a price tag of €42 million ($45.5 million) was completed Thursday. The price tag of the acquisition represents a 4x premium on the last 12 months’ […]
Business
May 17, 2024
Bally’s Shareholders Reject Smoke-Free Policy Proposal
During a brief virtual annual shareholder meeting, Bally’s Corporation turned down a proposal that wanted to explore the potential benefits of implementing a smoke-free policy across all Bally’s properties, including those located in Rhode Island. Trinity Health Proposes Smoke-Free Policy at Bally’s The proposal was presented by Trinity Health and the American Nonsmokers’ Rights Foundation. […]
Business
May 17, 2024
Gaming and Leisure Properties Acquires Three Casinos for $105M
Gaming and Leisure Properties, Inc. (GLPI) recently announced it has acquired three casinos in South Dakota and Nevada for a total of $105 million. The properties include the Silverado Franklin Hotel & Gaming Complex and the Deadwood Mountain Grand in Deadwood, South Dakota, as well as Baldini’s Casino in Sparks, Nevada. This move is the […]
Business
May 16, 2024
Aristocrat Publishes Outstanding H1 Financials
Aristocrat has published its H1 report, outlining “outstanding” financials. The six months were characterized by strong profit growth, resilient operational performance and momentum, the company reported. In the first six months of the fiscal year, Aristocrat recorded a 6% growth in revenue to AUD 3.2 billion ($2.12 billion). The company attributed the favorable results to […]
Business
May 15, 2024
CDI Opens 122-Room Hotel at Terre Haute Casino Resort
Churchill Downs Incorporated (CDI) has officially opened its new 122-room hotel and event center at Terre Haute Casino Resort. The new addition to the Indiana property is set to add additional vibrancy to the complex. CDI broke ground on the entertainment venue in June 2022 in partnership with construction specialist Wilhelm Construction. The development of […]
Business
May 15, 2024
Sportradar Reports Record 28% Rise in Revenue for Q1
Leading global sports technology company creating immersive experiences for sports fans and bettors, Sportradar, has published its Q1 2024 financial and operating results. The company that focuses on creating immersive experiences for sports fans and bettors achieved a record increase in revenue to €266 million ($289 million), up 28% compared to the first three months […]
Business
May 15, 2024
IGT Publishes Strong Q1 Report & FY 2024 Outlook
International Game Technology (IGT) has published its Q1 report, outlining stable revenue. The international gambling giant has also published its full-year outlook for 2024. In the quarter ended March 31, IGT reported revenue of $1.07 billion, up 1% from the prior year period. The favorable metric was underpinned by the strong performance of the company’s […]
