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Business
May 10, 2024
SJM Holdings Posts Stellar Q1 Results as Post-COVID Recovery Continues
SJM Holdings, a leading owner, operator and developer of casinos and integrated entertainment resorts in Macau, has published its unaudited results for the quarter ended March 31. The company reported Q1 group net gaming revenue of almost HKD 6.5 billion ($830 million), far exceeding the HKD 3.7 billion reported in Q1 2024. In the meantime, […]
Business
May 10, 2024
Playtika Posts Q1 Report, Unveils Share Buyback Program
Playtika, an Israeli digital entertainment company specializing in the development and publication of mobile games, has posted its results for the period ended March 31, 2024. The company reported a slight decrease in revenue and published its FY 2024 guidance. Playtika’s revenue for the period increased by 2.1% sequentially to $651.2 million. However, this figure […]
Business
May 10, 2024
GAN Optimizes Operating Expenses in Q1 but Reports Revenue Decrease
The leading North American business-to-business (B2B) technology provider, delivering real money iGaming solutions and leading online betting operator, GAN, released its latest financial results Thursday. The company disclosed details regarding its financial performance for the first quarter of 2024 or the three months ended March 31, 2024. The recently released results, pointed to a decrease […]
Business
May 10, 2024
Bragg Maintains Positive Momentum, Posts Revenue Growth in Q1
Late in March, the global provider of iGaming technology and solutions, Bragg Gaming Group, released its 2023 results, pointing to strong growth. At the time, the company also updated its guidance and targets for 2024. At the same time, the company reiterated its intention to review strategic alternatives. With the review, Bragg seeks to identify […]
Business
May 10, 2024
Brightstar Announces $1.1bn Acquisition of PlayAGS, Stock Price Jumps
The global company, offering a diverse range of entertaining gaming experiences that resonate well with audiences across the globe, AGS (PlayAGS), announced it entered into a definitive agreement to go private via an acquisition by affiliates of Brightstar Capital Partners (Brightstar). Details regarding the new business combination emerged Thursday with AGS’ Board of Directors unanimously […]
Business
May 9, 2024
Mohegan Sets New Quarterly Revenue Record in Q2
The Mohegan Tribal Gaming Authority has published information about Mohegan’s operating results for its second fiscal quarter ended March 31, 2024 (Q2). The tribal gaming company reported an all-time-high quarterly revenue figure and highlighted some of its most noteworthy Q2 achievements. As mentioned, Mohegan’s Q2 net revenue increased 13.8% year-on-year to $461.7 million, setting a […]
Business
May 9, 2024
Light & Wonder’s Q1 Report Outlines Growth across the Board
Light & Wonder has published its Q1 financials, reporting a strong start to 2024. The supplier was able to deliver a 12th quarter of year-over-year consolidated revenue growth in a row and generated strong cash flow. The company’s revenue increased 13% to $756 million, underpinned by growth across all segments. The company’s gaming revenue increased […]
Business
May 9, 2024
Super Group Gears Up for Landmark Acquisition amidst Q1 Success
Super Group, the parent company of Betway and Spin, has reported its highest first-quarter revenue for the beginning of 2024, signaling a robust year start. Super Group management was optimistic regarding the company’s prospects, expressing confidence in the long-term benefits of ongoing investments, which should help maintain stellar performance in core markets. Most Metrics Enjoyed […]
Business
May 8, 2024
Genius Sports’ Q1 Results Surpass Expectations
Genius Sports, a company describing itself as the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, has published its results for the first quarter of the year. The company reported favorable metrics and updated its financial outlook for 2024. In Q1 2024, Genius Sports’ group revenue reached […]
Business
May 8, 2024
Red Rock’s Q1 Results Point To Stellar Start of 2024
Red Rock Resorts, the leading hospitality, entertainment and casino company, released its first quarter results, highlighting a strong start to the year with increases in adjusted EBITDA and net revenues. The latest unaudited figures emerged earlier this week, uncovering insights regarding the company’s performance for the three months ended March 31, 2024. The latest financial […]
