Public Gaming Industry
Finance
Jumbo Interactive completes acquisition of StarVale Group for $22.4M
Digital lottery company Jumbo Interactive announced Thursday it has completed the acquisition of UK External Lottery Manager and digital pa…
DraftKings reiterates 2023 profitability goal after ‘very strong’ Q3
DraftKings has raised its revenue guidance for the full-year after the group reflected on a third quarter that saw revenue increase and los…
UK's next National Lottery operator Allwyn in talks to buy Camelot UK
UK’s incoming National Lottery operator Allwyn Entertainment is in talks to buy former operator Camelot’s UK operations, the companies said…
Statement regarding discussions between Allwyn and the Ontario Teachers‘ Pension Plan
In response to speculation, we can confirm that Allwyn is engaged in advanced discussions with Ontario Teachers’ Pension Plan (OTPP) which…
Las Vegas Sands Quietly Departs Online Gaming Space
Las Vegas Sands (NYSE: LVS) waded into the online gaming arena, and now it appears the Asia-Pacific casino behemoth has quietly departed th…
Patrik Hofbauer, president and CEO of Svenska Spel: Interim report January – September 2022: Strong operating margin despite challenging times
October 26, 2022
Svenska Spel has a third quarter with a strong operating margin on par with the previous year. The group continues to i…
Genting Malaysia Bhd (GenM) issued a warning regarding fake news on unauthorised social media and web links related to online gaming, according to its website. GenM issued the warning following online gaming fake news purportedly linked to The Star Media
KUALA LUMPUR (Oct 26): Genting Malaysia Bhd (GenM) issued a warning regarding fake news on unauthorised social media and web links related…
International Game Technology PLC to Host Third Quarter 2022 Results Conference Call on Tuesday, November 8, 2022
International Game Technology PLC to Host Third Quarter 2022 Results Conference Call on Tuesday, November 8, 2022
LONDON, Oct. 18, 2022 /P…
Endeavor Pays $800M for Sports Betting Firm OpenBet Inc.
Beverly Hills-based talent and entertainment holding business Endeavor Group followed through on its plan to acquire the sports betting com…
Endeavor Completes Acquisition of Sports Betting Company OpenBet
September 30, 2022 08:10 AM Eastern Daylight Time
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Endeavor Group Holdings, Inc. (NYSE: EDR), a glo…
Analysis: Genting aims to upend Macau casino landscape in bidding war
Genting has solid chance of displacing an incumbent - analysts
A Genting entry would shakeup Macau's gaming sector - analysts
Failu…
Deutsche Bank Bullish on US Sports Wagering Growth
In an expansive 47-page report, Deutsche Bank has sounded an optimistic tone on the state of the US regulated sports wagering market. The r…
LOTTERY.COM INC. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (form 8-K)
LOTTERY.COM INC.
(LTRY)
LOTTERY.COM INC. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer…
National Lottery Group Allwyn Calls Off Plans To List In New York
National Lottery group Allwyn Entertainment cancels plans to list in New York, which would have netted billionaire owner an estimated £690…
Allwyn and Cohn Robbins announce decision on proposed business combination
LUCERNE, Switzerland and WILMINGTON, Delaware, United States – September 24, 2022 – Allwyn AG (“Allwyn” or the “Company”), a leading multin…
Tabcorp continues digital rebuild with $62 million sale of venue loyalty business eBet
Since the demerger of its lotteries business to concentrate on its wagering business, Tabcorp (ASX: TAH) has made further strides in its re…
INTERNATIONAL GAME TECHNOLOGY PLC ANNOUNCES EARLY RESULTS OF AND INCREASES OF CAPS AND NEW EARLY SETTLEMENT DATE WITH RESPECT TO CAPPED TENDER OFFER
INTERNATIONAL GAME TECHNOLOGY PLC ANNOUNCES EARLY RESULTS OF AND INCREASES OF CAPS AND NEW EARLY SETTLEMENT DATE WITH RESPECT TO CAPPED TEN…
(IGT) International Game Technology PLC Announces Completion of Sale of Italian Commercial Payment Business to PostePay S.p.A.
LONDON, Sept. 15, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced that its wholly owned subsidiar…
Lottery.com plunged into NASDAQ turmoil as multiple Board members resign
Lottery.com has notified NASDAQ that the company is in breach of one of its listing rules, following the resignation of four Board members…
Kambi Group Buys iGaming B2B Developer Shape Games for $39M
Sweden-based Kambi Group is buying Shape Games, a business-to-business platform and service provider for the iGaming industry, for an initi…
Ohio racinos Hollywood Gaming and Miami Valley Gaming register record profits in last FY; advance sports betting plans
Two Ohio racinos registered record profits from their video lottery terminals in the last fiscal year. According to data from the Ohio Lott…
OPAP H1 2022 Financial Results – Press Release
PLEASE CLICK HERE TO READ THE RESULTS
INTRALOT Group ANNOUNCEMENT OF FINANCIAL RESULTS for the six-month period ended June 30th, 2022
Click here to read the entire release
INTRALOT Chairman & CEO Sokratis P. Kokkalis noted:
“INTRALOT has recently completed a series o…
INTERNATIONAL GAME TECHNOLOGY PLC (IGT) ANNOUNCES CAPPED TENDER OFFER
CLICK HERE TO READ THIS COMPLETE RELEASE
LONDON, Sept. 2, 2022 /PRNewswire/ -- International Game Technology PLC ( NYSE: IGT) ("IGT")…
Lottery Corporation share price drops despite $373 million profit
We check the FY22 results for the spun-off lotteries and Keno operator that listed on the ASX in May.
Key points
The Lottery Corporat…
Lottery.com Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
AUSTIN, Texas, Aug. 23, 2022 (GLOBE NEWSWIRE) -- As previously disclosed in the Lottery.com Inc. (the “Company”) Notification of Late Filin…
Mr Green Shutting Down UK Sportsbook Operations, iGaming Safe For Now
Gaming operator 888 Holdings recently announced that it was going to be making cuts to offset financial losses. One of those cuts has arriv…