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Casino
May 10, 2023
RSG Names Eric Althaus as GM of Rivers Casino Philadelphia
Rush Street Gaming has appointed the seasoned casino industry veteran Eric Althaus as the new general manager of its Rivers Casino Philadelphia. Althaus, who boasts years of experience in the casino sector, previously served as an assistant general manager at the venue. Prior to that, he served as the property’s vice president of gaming and […]
Business
May 8, 2023
Churchill Downs Reports Record-Breaking Kentucky Derby Revenues
A few days ago, the 149th Kentucky Derby ended, crowning Mage as the winner. The horse covered the mile and a quarter in 2:01.57, to the surprise of bettors who believed that either Angel of Empire or Forte will be the winner. Mage’s upset of the Kentucky Derby favorites was a major development that ended […]
Business
May 8, 2023
GeoComply Acquires OneComply in a Major Deal
Geolocation specialist GeoComply has unveiled a new acquisition that will strengthen its business. According to the announcement, the company acquired OneComply, a supplier of comprehensive solutions that help gambling operators in regulated jurisdictions manage their obligations. Modern iGaming is a dynamic and ever-evolving landscape that may be very difficult for companies to navigate. Each region […]
Business
May 8, 2023
Entain Updates Board, Adds Two Committees
Gambling giant Entain has announced major changes to its board of directors. The company will form two new committees that will bolster the board’s effectiveness and sustainability. About the People & Governance Committee One of the two new committees is the People & Governance Committee which will be responsible for reviewing workforce policies and practices […]
Business
May 5, 2023
Catena Media Designates Erik Edeen as Interim CFO
Catena Media, a company delivering traffic to iGaming brands and financial services, has announced a new appointment. The affiliate will be joined by the skilled Erik Edeen who will serve as its interim chief financial officer. Erik Edeen, who is set to step in as interim CFO, holds a Master of Business and Economics with […]
Business
May 4, 2023
PENN Entertainment Posts Decent Q1 Results despite Economic Challenges
PENN Entertainment has posted a report on its financial performance in the first quarter of the year, highlighting a modest revenue increase and a substantial net income rise. As reported by the company, its revenues for the period increased by 7% year-on-year to $1.67 billion in Q1, 2023. In addition to that, the company reported […]
Business
May 4, 2023
GiG Maintains 2022’s Momentum with Impressive Q1 Financials
Gaming Innovation Group (GiG) experienced substantial growth across all primary verticals, smashing last year’s results with a 49% increase in revenue from 2021. The stellar financial results place the company in the perfect position to pursue its long-term strategy and consolidate its presence in its most profitable markets. Revenues Are Up across the Board As […]
Business
May 3, 2023
Caesars Publishes Q1 Report, Seeks to Reduce Outstanding Debt
Caesars Entertainment has published its Q1 2023 report, highlighting its financial performance during the period. The company recorded rising net revenues, while net losses continued to decrease. In Q1 2023, Caesars saw its quarterly revenues rise to $2.8 billion, representing an increase of 23.7% from Q1 2022’s results. Meanwhile, the company’s net losses decreased as […]
Business
May 3, 2023
Kambi Group Secures Independence and Bolsters Capital Flexibility
Kambi’s impressive 2022 financials have given the group sufficient leeway to sort out its capital and achieve improved flexibility, aiding its objectives and providing additional shareholder value. The two recent measures should make the company significantly more attractive to investors and enable it to pursue its goals on its own terms. The Company Secured Its […]
Industry
May 1, 2023
EGR Announces 2023 EGR North America Award Winners
EGR has just announced the winners of its 2023 EGR North America Awards, an annual initiative that celebrates excellence in the NA iGaming sector. This year’s format saw EGR award Gold, Silver and Bronze awards to the top three companies across its headline categories. Headline Categories The sports betting specialist Sportradar was awarded Gold recognition […]
