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Business
April 2, 2025
Star Entertainment’s Search for Liquidity Continues as Salter Brothers Deal Falls Through
The Star Entertainment Group’s financial woes continue as its negotiations with Salter Brothers Capital fall through. The latter company had expressed interest in financing the Australian operator’s debt but has seemingly withdrawn the deal. The Deal Fell Through Just when things were beginning to look better for Australia’s embattled Star Entertainment Group, the company announced […]
Industry
April 1, 2025
Macau Retains Optimistic Outlook Amidst Diversification Efforts
Macau’s economy remains in a state of cautious growth as it closely balances the recovery of its gaming industry with broader restructuring efforts. Despite slightly underwhelming metrics, industry experts have drawn attention to several factors that could accelerate growth and improve Macau’s attractiveness as a tourist destination for visitors from China and abroad. Q1 Financials […]
Industry
April 1, 2025
EGBA Posts 2025 Report, Highlights GGR Growth, Increased Use of RG Tools
The European Gaming and Betting Association (EGBA) has published its Annual Activity Report 2025, highlighting some of its achievements in the past 12 months. Among other things, the association recorded increased use of safer gambling tools among consumers in Europe. The EGBA Recorded Increased Use of Safer Gambling Tools The report detailed EGBA’s achievements across […]
Business
April 1, 2025
Nevada Gaming Revenue Down in February
The Nevada Gaming Control Board (NGCB) has published its official financial report for February 2025, highlighting a decrease in operator revenue and an increase in contributions to the state. The decrease was due to weaker performance across multiple markets, including a drastic revenue decline across Vegas Strip casinos. Nevada Gaming Earned $1.2B The statewide gaming […]
Business
April 1, 2025
Bally’s Gets New Rating Blow Because of Chicago Project
Bally’s Corporation is facing yet another financial setback as a leading Wall Street ratings agency has downgraded its credit once more. Award-winning provider of “credit ratings, commentary, and research,” Fitch Ratings, announced it dropped Bally’s rating from “B” to “B-” due to “execution risk in the development of the Chicago projects,” along with a series […]
Business
March 27, 2025
Playtech Sees Revenue Uptick from Continuing Operations in 2024
The fast-growing platform, content and services provider, catering to the global gambling industry, Playtech, released its latest financial update, highlighting strong growth for the year ended December 31, 2024. The company’s latest report highlighted a number of accomplishments, while uncovering details regarding its plans for 2025. Playtech Highlights a Number of Important Achievements Notably, Playtech’s […]
Business
March 27, 2025
The Netherlands Records €1BN Record-Smashing Gambling Tax
As per information from Statistics Netherlands (Centraal Bureau voor de Statistiek, CBS), the body in charge of publishing “reliable and consistent statistical information” that responds to the demands of society, collected revenue from gambling taxes smashed all records in 2024 in the Netherlands, reaching an unprecedented €1 billion ($1,07 billion). The impressive figure was mainly […]
Business
March 27, 2025
Catena Media Releases Annual 2024 Report, Highlights Transformation
The leading affiliation marketing services provider, powering online betting and casino operators across the globe, Catena Media, published its 2024 annual report. Released on Wednesday this week, the report highlighted a number of challenges and accomplishments that occurred during last year, while highlighting the company’s priorities for this year. 2024 Was Full of Transformative Tasks […]
Business
March 26, 2025
Evoke Returns to Profitability But Stock Continues to Underperform
Gaming and betting leader evoke, formerly known as 888, has issued a report containing its preliminary unaudited financial results for 2024. The company’s business remained mostly stable, although its stock continued to struggle. The Financials Showed Recovery But the Shares Struggled In 2024, the company behind William Hill, 888, and Mr Green, reported revenue of […]
Business
March 25, 2025
The Star Extends Its Refinancing Negotiations with Salter Brothers Capital
The Star Entertainment Group, an Australian casino and hospitality operator, confirmed that it has given investment firm Salter Brothers Capital (SBC) a few extra days to complete its refinancing offer. This comes amid continued financial struggles for the embattled gambling operator. The Deadline Has Been Extended The latest announcement is related to The Star’s ASX […]
