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Gambling News - 'Business'
Business
February 21, 2025
Boyd Gaming Unveils Increase in Dividend
This year, Boyd Gaming, an operator that owns gaming entertainment properties in 10 states, manages a tribal casino in another one, and operates iGaming B2B and B2C businesses, celebrates its 50th birthday. Investors will also have reasons to celebrate as the leading American casino & hospitality company just announced that it will be raising its […]
Industry
February 20, 2025
Aristocrat Moves to Strengthen Finances with New Buy-Back Plan
Global gaming giant Aristocrat Leisure Limited announced a new AUD 750 million ($480 million) share buy-back program aimed at debt repayment and shareholder value optimization. This move closely follows another substantial AUD 1.85 billion ($1.18 billion) buy-back initiative, demonstrating the group’s continued commitment to cost control and long-term growth strategies. A Prudent Financial Strategy Is […]
Business
February 19, 2025
Gambling.com Publishes Preliminary Q4 Report, Introduces FY 2025 Guidance
Gambling.com Group, one of the leading providers of affiliate services to the global iGaming industry, has published its preliminary results for 2024. In addition to that, the company published its FY 2025 guidance, raising its expectations for the year. The Report Outlined Favorable Metrics In its report, Gambling.com said that its revenue for the fourth […]
Business
February 19, 2025
Raketech Q4 Report Outlines Continued Challenges
Gaming specialist Raketech has published its report for the fourth quarter of 2024, highlighting a decline in revenue. In the wake of the sale of the Tipster business in the US, the company has been focused on improving conversion rates and monetization for its digital tipster platforms. The Financials Were Not Optimal In Q4 2024, […]
Business
February 19, 2025
Adventure Box Pens Letter of Intent to Acquire RWB Smart Solutions
Adventure Box, a Stockholm-based computer game technology company, announced that it has submitted a non-binding letter of intent (LOI) to acquire RWB Smart Solutions. By securing a 100% stake in the Asia-based casino solutions company, Adventure Box would be able to greatly expand its presence in Asian iGaming. Adventure Box Sets out to Acquire RWB […]
Business
February 19, 2025
Bain Capital Takes Control of Mohegan INSPIRE as MGE Defaults on Debt
All seemed to be going well for the Mohegan INSPIRE Entertainment Resort in South Korea. Unfortunately for the ambitious tribal operator, financial hurdles led to private equity firm Bain Capital securing a controlling stake in Mohegan’s Korea-facing division, MGE Korea. In the aftermath of the takeover, Mohegan vowed to continue to negotiate an outcome that […]
Business
February 19, 2025
Incentive Games Appoints Ahmed Baker as CCO
Incentive Games, a leading provider of content to betting and casino brands, announced that it has expanded its C-suite with a new appointment. According to the company, the experienced Ahmed Baker has joined its ranks as its new chief commercial officer. The New CCO Will Spearhead the Company’s Commercial Strategy Incentive Games announced that Baker, […]
Business
February 18, 2025
North Star Network Acquires Bojoko to Secure Instant Foothold in iGaming
Global sports media giant North Star Network (NSN) announced Monday that it has acquired Bojoko, an award-winning iGaming affiliate. The deal marked NSN’s “decisive step” into the casino space. A Decisive Step into iGaming In its announcement, NSN said that the agreement was officially closed on February 14 and covered all Bojoko assets. Although the […]
Business
February 18, 2025
Gentoo Media Publishes Strong Q4 as Business Keeps Momentum
Gentoo Media, formerly GiG Media, has published its financial report for the fourth quarter of 2024, highlighting record-high revenue. The business has been going from strength to strength ever since its split from Gaming Innovation Group and is poised for further growth. Gentoo Media’s Revenues Grew for the 16th Consecutive Quarter According to Gentoo Media, […]
Business
February 17, 2025
FDJ Confident in Growth Despite French Tax Hike
Despite regulatory challenges and increased gambling taxes, La Française des Jeux (FDJ) is optimistic about its growth prospects for 2025 and beyond. The group’s robust 2024 performance, strategic adjustments, and multi-year action plan perfectly position it to mitigate the impact of recent tax increases and sustain its impressive momentum. Core Financials Remain Robust FDJ generated […]