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Business
March 21, 2024
Las Vegas Sands CEO Goldstein Divests $5.2M in Company Shares
Recently, Robert Goldstein, Las Vegas Sands’ chief executive officer (CEO), divested a number of his shares in the company. The sale involved 100,000 shares of Class A common stock in the Las Vegas Sands, a Form 144 filing with the Securities and Exchange Commission (SEC) reveals. The SEC filing confirms that the 100,000 shares have […]
Business
March 21, 2024
Star’s Special Manager Is Being Paid $1M a Year, Report Says
Nicholas Weeks, the government-appointed special manager of Star Entertainment’s business is being paid almost $1 million a year for his work at the company’s Sydney casino, the Financial Review reported. Considering that Weeks is also responsible for overseeing the group’s casino in Queensland, his salary might be well over what Star CEO Robbie Cooke gets. […]
Business
March 21, 2024
ZEAL Reports Strong FY 2023 Figures despite Weak Jackpot Environment
ZEAL Network, Germany’s leading provider of online lottery products, has published its FY 2023 report, once again demonstrating the strength of its business. The company expanded its position as a market leader despite Germany’s harsh regulations. According to ZEAL’s report, billings in the lottery sector increased to EUR 843.3 million ($920.6 million). Revenue, on the […]
Business
March 20, 2024
Gambling.com Group Closes $50M Credit Facility with Wells Fargo
Gambling.com Group Limited, an award-winning performance marketing company serving the iGaming industry, has announced the closing of a new credit facility with Wells Fargo Bank in the principal amount of $50 million. The credit facility is comprised of a $25 million revolving credit facility and a $25 million term loan facility, the marketing specialist added. […]
Business
March 19, 2024
Codere to Use Legal and Financial Advisors to Support Growth
The leading multinational group in the private gaming industry with 40 years of experience and a strong presence in Europe and Latin America, Coedere, has recently inked agreements with Houlihan Lokey and Allen & Overy. Codere to Boost Its Capital & Record More Growth The two firms will become Codere’s financial and legal advisors in […]
Industry
March 19, 2024
Denmark Records Lower Gambling Spend, iGaming Grows
Spillemyndigheden, Denmark’s gambling regulator, published a new statistic about the market’s performance in 2023. According to the authority, Danes spent a total of DKK 10.3 billion ($1.5 billion) on gambling in 2023. The figure, Spillemyndigheden added, represents a slight decrease of 1.7% year-on-year. The gambling regulator added that spending has been on the decline every […]
Business
March 15, 2024
Kansas Betting Revenue Soars Year-over-Year in February
February was a busy month for sports betting operators in Kansas. While licensed retail and online sports wagering suppliers in the state posted an increase in their revenue and betting handle year-over-year, the results from last month fell behind the figures posted a month earlier, in January, data released by the Kansas Lottery reveals. In […]
Business
March 15, 2024
Golden Matrix Enjoys Strong First Fiscal Quarter Results
The leading global online gambling operator, developer, licensor and supplier of gaming content, systems and platforms, Golden Matrix Group, released its latest financial report, outlining details regarding its performance for the first fiscal quarter ended January 31, 2024. The latest report highlights another successful quarter for the company considering its reported increase in revenue and […]
Business
March 15, 2024
Penn Entertainment’s CEO Celebrates the Success of ESPN BET
In mid-November, ESPN BET, the newest sportsbook at the time that is the result of a transformation of Barstool Sportsbook, officially launched in 17 US states. The launch came after an agreement between ESPN and Penn Entertainment that paved the way for the new exclusive sportsbook that promised exceptional betting experiences. The entry of ESPN […]
Business
March 15, 2024
Analyst Highlights FanDuel’s Impact on Flutter’s Growth
Currently, FanDuel holds a leadership role within the betting and gaming vertical across the United States. The Flutter Entertainment-owned brand continues to enjoy success and expands across the country while growing its customer base. A testament to FanDuel’s success isn’t only the growing player base but its outstanding financial performance which ultimately contributes toward the […]
