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Business News and Headlines
Business
August 19, 2024
Three Evolution Georgia Employees Go On Hunger Strike
On August 13, three Evolution Gaming employees in Georgia started a hunger strike as a way of protesting against the company’s refusal to carry out negotiations addressing their demands. The dramatic protest embraced by the three staff members represents an extension of the original strike that began on July 12, initiated by the UNI Global […]

Business
August 19, 2024
Analyst Claims Penn Entertainment Is Undervalued
However, Penn Entertainment has been rallying over the past 90 days, inching up 20.7% and Barry Jonas, a Truist Securities analyst, believes that there is more than meets the eye in the company. Penn is also a potential acquisition target for Flutter Entertainment, although the company seems reluctant to sell. Penn’s Unrecognized Value May Play […]

Business
August 16, 2024
Gambling.com’s “High Intent” Audience Secures 18% Jump in Revenue
Blaming a downturn in performance on Google updates and algos is a common litany in the affiliate industry. Yet, Gambling.com Group has broken away from the ranks of moaners and posted one of its strongest quarters to date. The Group generated an 18% gain year-over-year in its Q2 results, with its revenue hitting $30.5 million […]

Business
August 15, 2024
Evoke Eyes Sustainable Growth Despite H1 Dip in Revenue
The leading betting and gaming company that owns and operates recognizable brands, including 888, William Hill and Mr Green, among others, evoke Plc, released a new trading update. On Thursday, the company disclosed its interim results for the first half of the year. The latest results covered the six months through the end of June […]

Business
August 14, 2024
International Travel to Las Vegas Is Skyrocketing, Says LVCVA
According to Joel Van Over, the senior director of Atlanta-based international aviation development company Ailevon, new flights from a number of international air carriers are on the verge of reaching a record number of flights from foreign countries. Air Travel to Las Vegas to Fully Recover by Q4 Over, who is also the Las Vegas […]

Business
August 14, 2024
Playtech Confirms Talks of £2bn Flutter Bid for Snaitech
The leading supplier of software, content and solutions, powering iGaming and betting operators, Playtech, confirmed it is in talks for the potential sale of its business-to-customer (B2C) division in Italy, Snaitech, to the leading gaming and entertainment giant, Flutter Entertainment. Today, the company released a short letter titled “Response to Media Speculation,” acknowledging that it […]

Business
August 14, 2024
Entain’s Incoming Boss Readies to Step Down from Galaxy Gaming’s Board
An industry veteran, Gavin Isaacs, is preparing to step in at the helm of Entain, one of the largest betting and gaming companies worldwide. To ensure that he pays his undivided attention to the company, Isaacs has now confirmed that he will take an exit from Galaxy Gaming’s Board of Directors on August 30. Isaacs […]

Business
August 13, 2024
PAGCOR Reports Strong Q2, Enjoys Solid Performance of E-Games
The second quarter of this year marked a strong period for licensed casinos in the Philippines, with reported increases in total gross gaming revenue (GGR) year-over-year and quarter-over-quarter. The Philippine gambling regulator and government-owned, regulated and operated corporation, the Philippine Amusement and Gaming Corporation (PAGCOR), uncovered details regarding the GGR reported for the three months […]

Business
August 7, 2024
Super Group Posts Record Q2 Results Following US Exit
Super Group has published its financials for Q2 2024, outlining record-breaking revenues in the wake of its exit from the US market. Super Group Excels Following Its US Exit For Q2, the company reported revenue of €414.7 million ($453.2 million) marking an increase of 9% from €380.8 million in Q2 2023. The significant increase was […]

Business
August 7, 2024
IGT Selects Nick Khin for President, Global Gaming Role
Amid the sale of IGT’s Gaming and Digital business, the company recently disclosed its second quarter results. The Q2 2024 report pointed to $1.05 billion in revenue for the latest trading period, a figure that marked a decrease of 1% year-over-year. Now, the company announced a senior-level appointment as well. On Wednesday, IGT confirmed the […]
