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Business
February 6, 2025
Betsson Posts Its Strongest Full-Year Report Yet
Betsson Group has published its results for Q4 and FY 2024, reporting significant business progress amid favorable financial metrics. According to CEO Pontus Lindwall, the company ended its best year even on a very strong note. A Strong End to Betsson’s Best Year In the three-month period ended December 31, Betsson reported a group revenue […]
Business
February 4, 2025
BetMGM Posts 2024 Report, Expects to Meet 2025 EBITDA Goals
Betting and gaming juggernaut BetMGM has published its FY 2024 financials, delivering revenue growth and optimistic EBITDA forecasts. While the brand is still EBITDA negative, it is convinced that 2025 may be a turning point. BetMGM Hopes to Turn EBITDA-Positive Soon BetMGM, which is jointly owned by MGM Resorts International and Entain, reported net revenue […]
Business
January 31, 2025
Philippine Gaming Grows as PAGCOR Announces Revenue Record
The Philippine Amusement and Gaming Corporation (PAGCOR) published its report for 2024, revealing a new all-time high revenue and income figures. Chair & CEO Alejandro Tengco praised the metrics, saying that the corporation is pleased with this stellar progress. The PAGCOR Exceeded the PHP 100B Mark According to the PAGCOR’s report, its annual revenues for […]
Business
January 30, 2025
Evolution Ends 2024 on a Strong Note Despite Rising Headwinds
Global online casino games and live dealer services leader Evolution recently announced its Q4 financial results for 2024, which saw positive revenue and earnings growth despite ongoing operational challenges. The company outlined strategic expansion initiatives and new products for 2025, while margin forecasts remain conservative due to regulatory challenges and persistent cyber-security threats across key […]
Business
January 30, 2025
LeoVegas Group to Implement Deposit Limit Changes in the UK
Online gaming operator LeoVegas has told its UK customers that deposit limit changes are on the horizon. The company clarified that the upcoming upgrade will affect all of its brands. More Liberal Deposit Limits Are Coming The changes in deposit limits will include a revamped calculation that would also take customers’ withdrawals into account. In […]
Business
January 29, 2025
Bragg Publishes Preliminary 2024 Report, Posts Optimistic 2025 Guidance
Bragg Gaming Group, a global B2B iGaming content and tech provider, has published its preliminary unaudited results for 2024, highlighting anticipated revenue and EBITDA growth. The company added that it expects its financial to continue increasing in 2025. Bragg Is Looking Forward to Good Financials According to the report, Bragg anticipates FY 2024 revenue of […]
Business
January 29, 2025
Playtech Parts Ways with Chair Mattingley, Introduces Changes to Board
Gambling software powerhouse Playtech announced board changes, including the resignation of its chair and changes to the structure of its committees. Mattingley to Exit After Four Years with the Company On January 29, Playtech confirmed that Brian Mattingley has decided to step down as chair and depart from the board. He agreed to remain on […]
Business
January 29, 2025
NorthStar Gaming Secures $30M Credit Facility
NorthStar Gaming announced that it has secured significant investment, as well as additional credit support. According to the company’s leadership, this is NorthStar’s largest financing to date. The Biggest Investment in NorthStar’s History NorthStar Gaming said that it has entered into a credit agreement to secure a CAD 43.4 million ($30 million) senior secured first […]
Business
January 29, 2025
Star Entertainment Divests Non-Core Assets as Search for Liquidity Continues
The Star Entertainment Group announced that it selling non-core assets as the group desperately seeks to secure its financial position. Star Sydney to Divest Its Event Center In a release submitted to the ASX, the Australian casino and hospitality company confirmed that its New South Wales-facing branch, The Star Entertainment Sydney Properties, has secured agreements […]
Business
January 28, 2025
Fitzdares to Part Ways with CEO Woodhams
Fitzdares, a leading gaming and betting company in the UK, is set to part ways with its chief executive officer William Woodhams. Speaking on his departure, Woodhams said that he “loved every second” of his time at the helm of the operator. He is set to end his time as CEO on Friday. Seven Years […]
