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Casino
April 4, 2023
South Korea’s Foreigner-Only Casinos Record Impressive Profits
Surging economic growth appears to be the theme across many popular Asian gambling destinations, as Macau also recorded a sharp rise in revenue. Its slow recovery after the COVID pandemic allowed other gambling hubs like Korea to flourish, challenging the Chinese territory’s previously undisputed regional monopoly. The Region Suffered Tremendously during the Pandemic Korea and […]
Lottery
April 4, 2023
Allwyn Sets Its Eyes on the Irish Lottery
The Czech operator started the year on a high note, scoring win after win. The company won the auction to take over the UK lottery, closed out the acquisition of the Camelot Lottery Solutions Group, and set itself up for further expansion. Recent news suggests Allwyn plans to compete for control over the Irish national […]
Business
April 4, 2023
Parsec Capital Acquires Majority Interest in Enteractive Media, Plans Nasdaq Listing
Parsec Capital Acquisitions, a special purpose acquisition company, has acquired a majority interest in Enteractive Media, a gaming affiliate company. Parsec Capital said that it plans to acquire the remaining Enteractive shares in the future, turning the company into a wholly-owned subsidiary. The current deal follows a previous merger announcement and overrides the actual merger […]
Sports
March 31, 2023
March Madness Benefits Operators in Vegas and Beyond
Once again, the NCAA Men’s College Basketball Championship, also known as March Madness, attracted countless sports betting aficionados to Las Vegas. Despite its efforts to distance itself from gambling, the annual tournament continues to attract millions of punters. The Nevada Independent’s Howard Stutz reported that the West Regional Championship, which is the first time Las […]
Business
March 29, 2023
Niaz Nejad Joins Light & Wonder as MD of Gaming for the Americas
Light & Wonder, a leading cross-platform global games company will expand its leadership team with Niaz Nejad as its new managing director of gaming for the Americas. As announced by the supplier, Nejad will be joining its ranks later this year, following the conclusion of her non-compete period. Nejad brings a whopping 25+ years of […]
Industry
March 29, 2023
Booming Games Adds New Product Owner and Marketing Manager
Booming Games, a rapidly-expanding developer of slots, has unveiled two new additions to its team. The iGaming experts Kaska Pysz and Dorota Gruszka will be joining the company as product owner and marketing manager respectively, the supplier announced. Booming Games explained that both of its new members boast years of experience in the iGaming sector […]
Casino
March 27, 2023
Tilman Fertitta Buying Hard Rock Lake Tahoe Hotel & Casino
Tilman Fertitta’s company owns five Golden Nugget Hotel and Casino properties. Following the transaction’s completion, there are plans to remodel Hard Rock Lake Tahoe into a Golden Nugget, expanding the company’s presence in the Northern Nevada market. The property was last remodeled in 2015 when Paragon licensed the Hard Rock name from the Seminole Indian […]
Industry
March 24, 2023
Brian Blake Bolsters IGT’s Leadership as the New VP of DEI
As VP of Diversity, Equity, and Inclusion (DEI), Blake will build on his previous successes with the NHL. His employee learning programs helped unify the organization and usher beneficial behavioral changes even among the senior executive team. Blake joins IGT at a pivotal moment for the company as it continues to pursue expansion through high-profile […]
Business
March 23, 2023
Affiliate Gambling.com Publishes Unaudited Q4 2022 Results
Gambling.com Group, a provider of iGaming digital marketing services, has posted its unaudited financial results for the fourth quarter of 2022. The company’s revenue skyrocketed and so did its net income. Gambling.com reported $21.3 million for the period, representing a stellar 107% year-on-year increase from Q4 2021’s $10.3 million. Net income increased to $4.4 million, […]
Business
March 22, 2023
Intralot’s New CCO Will Spearhead North American Expansion
The new appointment is the latest step amidst Intralot’s restructuring efforts. The gaming and lottery technology provider severely underperformed last year, but several promising high-profile agreements may herald substantial improvements. Bateson’s extensive industry experience and history of success may be just what the company needs to get back on its feet. The Company Is Trying […]
