Bragg Gaming, a prominent games provider, has reported impressive financial results, highlighting a 50% YoY increase in adjusted EBITDA, which now stands at €4.7m. This significant growth has been attributed to the company's strategic shift towards higher-margin products. This includes...

The company's B2B operations are facing increasing headwinds, as evidenced by a significant 30% YoY decline in revenues, which now stand at $9.9m. Despite this setback, CEO Dermot Smurfit remains optimistic, highlighting the "continued strength" in the company's international B2C...

Entain's chairman, Barry Gibson, has been making concerted efforts to distance the current management of Entain from the previous management team at GVC. The narrative presented is one of a company making strides to move past its historical challenges. Entain...

Flutter Entertainment Plc, the parent company of FanDuel, reported a profit for its US business in the first half of the year. This comes as the company prepares for a public listing of its shares in New York. For the...

ESPN's Shift in Strategy: Historically, ESPN, a Disney-owned entity, had actively distanced itself from the gambling sector. However, in a significant shift, the sports media giant has now forged a partnership with PENN Entertainment to launch ESPN Bet. Rebranding Move:...

DraftKings Inc., an online sports-betting platform, experienced a rally in its stock after reporting a surprise second-quarter profit and raising its full-year sales forecast. The company's full-year sales outlook was revised to $3.46 billion to $3.54 billion, surpassing FactSet estimates....

Vince Sadusky, the CEO of International Game Technology (IGT), on the company's strategic review and recent financial performance. Here are the key points: Strategic Review: Vince Sadusky expressed his belief that the company's share price does not accurately reflect the...

Digital Operation Profit: Caesar's digital operation, which includes the new standalone iCasino app Caesars Palace and the transition of the Nevada sportsbook to the Liberty platform, has posted its first profit since the rebranding of the Caesars Sportsbook. The digital...

Aristocrat Gaming has revealed new NFL-themed slot machines set to appear on casino floors in September. This move symbolizes a major shift for the National Football League, which was previously opposed to legalized sports betting but has now partnered with...

BetMGM reported revenues of $944 million in the first half of the year, marking a 25% year-on-year increase, putting them on track to meet their annual target of between $1.8 billion and $2 billion. Some analysts from Jefferies even estimate...

Reno-based Monarch Resorts has reported a solid financial performance for the second quarter, similar to its first-quarter results. The company experienced hotel room renovations at the Atlantis and unseasonable winter weather, which affected the Reno market in both quarters. However,...

Las Vegas Sands (LVS) is optimistic about the renovated Marina Bay Sands resort in Singapore, expecting to increase prices significantly with the reopening of 200 high-end suites. CEO Robert Goldstein believes that having an exemplary product that people desire gives...

Entain's acquisition of Angstrom Sports for up to $263 million has raised questions due to Angstrom's relatively low annual revenues. However, the investment is driven by several factors. The competitive nature of the US sports betting market, particularly in the...

Despite typhoon warnings impacting daily run-rates, Macau is on track to achieve the highest monthly gross gaming revenue (GGR) in July since the beginning of the COVID-19 pandemic. Investment bank JP Morgan estimates that GGR for the first 16 days...

The increased profits are attributed to several factors, including significant revenue growth in central and eastern Europe (CEE), central Asia, and increased earnings from their business-to-business (B2B) operations, particularly in the resurgent Turkish market. In Q2, B2B revenue, which includes...

BetMGM has significantly reduced its promotional spend. In May, during a period of relatively low sports-betting activity, BetMGM decreased its bonuses and promotional spend by over 40% compared to previous levels. This pullback by BetMGM goes against the trend observed...

The Arizona Department of Gaming has announced the opening of applications for three sports betting licenses in the state. While Arizona allows for a total of 20 licenses, only 18 were issued initially. With the closure of Fubo sportsbook, one...

Analysts at Macquarie are optimistic about Gambling.com's position in the affiliate marketing sector within the gambling industry, which remains notably fragmented. They highlight that Gambling.com possesses a unique blend of a distinctive offering, media assets, and strategic partnerships, a combination...

DraftKings is reportedly on the verge of achieving a significant financial milestone, potentially posting its first-ever profit in Q2, as suggested by analysts at Jefferies. This would mark a considerable change for the online sports betting and fantasy sports provider....

Bet365 seems to be successfully gaining a foothold in the US market, with notable success in Ohio, but its growth strategy appears heavily reliant on promotions. Whether this approach is sustainable as the market matures and if it can maintain...