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Business
November 20, 2024
BC.Game Goes Bankrupt Not Long After $40M Deal with Leicester City
BC.Game, an online gambling operator famous for sponsoring Leicester City FC, could face potential trouble as its parent companies have been declared bankrupt. This announcement comes only four months after the agreement with the soccer club was signed. The Court of Curaçao Declared BC.Game’s Parents Bankrupt According to a report by casinonieuws.nl, the Court of […]
Industry
November 19, 2024
New Jersey iGaming Revenue Jumps, Surpasses Land-Based Gaming
New Jersey has published information about the local gaming sector’s performance in October, once again recording iGaming revenue growth. While the land-based casino sector experienced a slight decline, online gaming recorded record-breaking metrics. iGaming Continues to Excel Per the New Jersey Division of Gaming Enforcement’s official report, iGaming continued to excel, surpassing the revenue recorded […]
Industry
November 15, 2024
E-Gaming Drove Strong Q3 GGR Growth in the Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has published official data about the local gambling sector’s performance in the third quarter of the year. In its report, the authority outlined a stellar growth in GGR, which officials attributed to the ongoing modernization efforts. E-Gaming Growth Offset a Decline in Casino & Bingo As reported by […]
Business
November 15, 2024
Bragg Gaming Posts Q3 Report, Shares Plummet as Execs Rule Out Sale
Bragg Gaming Group has published its Q3 report, highlighting a stable and growing business with record-breaking revenue growth. The company, however, saw its share price decline after it denied a potential sale of its business. The Company’s Business Remained Strong In Q3, Bragg’s revenue increased by 16% year-on-year to EUR 26.2 million ($27.7 million). Gross […]
Business
November 14, 2024
Better Collective Faces Strategic Recalibration amid Rising Market Pressures
Better Collective, a prominent betting and affiliate company, is navigating strategic challenges that have prompted a realignment of its operational model and financial targets. The business reported a Q3 increase in revenue by 7.7% to EUR 81.2 million ($85.69 million), with recurring revenue settling at EUR 52.8 million ($55.73 million). Organic sales, however, came in […]
Business
November 14, 2024
Gambling.com Reports Solid Q3 Growth, Raises Full-Year Expectations
The provider of digital marketing services powering the global online gambling industry, Gambling.com, released its latest financial update. A New Quarterly Revenue Record On Thursday, the company uncovered details regarding its performance for the third quarter ended September 30, 2024, pointing to strong adjusted EBITDA growth in combination with an increase in revenue. Besides details […]
Business
November 13, 2024
Gentoo Media Enjoys Record Q3 2024 Revenue After Restructure
Following the recently completed structural business changes, the market-leading affiliate that helps connect iGaming and betting operators to players across the globe, Gentoo Media, released its latest financial update, pointing to exceptional revenue growth. Strong Financial Results Despite Business Split On Wednesday, the company, released its Q3 2024 financial results, highlighting a 35% year-over-year revenue […]
Business
November 13, 2024
L&W’s Q3 Remains Strong Despite Court Loss Against Aristocrat
Leading cross-platform game developer Light & Wonder has reported its Q3 financials, highlighting a strong balance sheet despite its court loss against Aristocrat. As the company’s surge continued, it recorded its 14th consecutive quarter of year-on-year growth. The Business Remained Strong According to its Q3 report, Light & Wonder recorded Q3 revenue of $817 million, […]
Business
November 13, 2024
Sports Betting in North Carolina Picks up Speed in October
October proved the be a busy month for licensed sports betting operators in North Carolina. Likely their performance was positively impacted by college basketball, considering the increase in revenue during last month. Licensed Betting Operators Post Solid Results On Tuesday, the state’s gambling regulator, the North Carolina State Lottery Commission, released details regarding the performance […]
Business
November 12, 2024
IGT Posts Strong Q3 Report Despite Slight Declines Across the Board
IGT, a global leader in gaming technology and content, has published its financials for the third quarter of the year, highlighting the strength of its business. The company also published its current forecasts for the FY results. Revenue Slowed Down But the Results Remained Strong Among other things, the company reported Q3 revenue of $587 […]
