Events & Reports

Michigan May Legalize Online Poker by Year’s End

by May 15, 2016

This year, Michigan quite surprisingly joined the small company of states that are considering the legalization and regulation of online poker and other casino games within their borders. State Sen. Mike Kowall introduced SB 889 or the Lawful Internet Gaming Act and even more sur ...

Foxwoods Resort Casino Reports Increase in April Slot Revenue

by May 14, 2016

Foxwoods Resort Casino, one of the two casinos operating within Connecticut’s borders, posted on Friday information about the revenue generated by slot machines at the property in April. Proceeds from slots amounted to $40.7 million last month, up 5% from the $38.7 million ...

Atlantic City Casino Revenue Up 8.1% in April

by May 13, 2016

The New Jersey Division of Gaming Enforcement posted today information about the revenue generated by Atlantic City’s eight operational casinos as well as by their online operations in April 2016. Overall gaming win for the previous month amounted to $215 million, up 8.1% f ...

Yggdrasil Gaming Posts Record Revenue Jump in Q1

by May 13, 2016

Supplier of content for the international online gambling industry Yggdrasil Gaming reported today financial results for the quarter ended March 31, 2016. Revenue increased 519% during the period in review to reach SEK14.2 million.EBITDA was up from a negative of SEK0.4 mill ...

iGaming Super Show 2016 to Take Place on June 7-10 in Amsterdam

by May 13, 2016

The time for the 2016 edition of the iGaming Super Show has almost come. This year, the major iGaming event is slated to take place from June 7-10 at Amsterdam RAI, known to be the largest convention and exhibition center in the Netherlands.The host venue will welcome more th ...

32Red Announces Revenue Increase and Leeds United FC Sponsorship

by May 13, 2016

Online gambling operator 32Red Plc posted today update on its financial performance during the first 19 weeks of the year to May 11, 2016 and announced an important three-year sponsorship agreement with Leeds United Football Club.During the weeks to May 11, the gaming group& ...

Rank Group Posts Revenue Increase across All Brands

by May 12, 2016

British gambling operator Rank Group posted today interim management statement with information about its financial performance during the 19 weeks to May 8, 2016. Like-for-like revenue, or revenue excluding the effects of clubs launches, relocations, and closures, increased 3% a ...

Cherry AB Revenue Jumps 86% in Q1

by May 12, 2016

Swedish gambling operator Cherry AB released today its financial report for the first quarter of the year. Group revenue amounted to SEK177.3 million, up 86% from the SEK95.3 million posted for the same period of 2015.Cherry said that its online business continued growing an ...

mybet Reports 11% Drop in Q1 Revenue and Postpones New Platform Launch

by May 12, 2016

Gambling operator mybet Holding SE announced its financial results for the first quarter of 2016. The company reported an 11% decrease in revenue to €14.9 million. In comparison, the amount of €16.7 million was posted for the same three-month period a year ago.Revenue from th ...

William Hill Revenue Down 3% Due to Regulatory Changes and Unfavorable Sports Results

by May 11, 2016

Gambling operator William Hill PLC released today a trading update for the 17 weeks to April 26, 2016. Group net revenue was down 3% as compared to the same period a year ago.Online net revenue decreased 11% year-on-year. Net revenue from online gaming operations declined 4 ...

LCB Director Reveals His Success Formula

by May 10, 2016

The iGaming affiliate market is growing with an incredible pace and so is its importance for the online gambling industry. Over the past few years, several important acquisitions took place within the gaming affiliate space and the purchase of WizardofOdds by Josh was one of thos ...

Poker Tournaments to Start between May 9-15

by May 9, 2016

The week between May 9-15 promises to be quite exciting, with tournaments set to take place in Spain, Portugal, the Philippines, and across the United States. More information about what poker players and fans alike may expect in the next seven days could be found in the paragrap ...

Century Casinos Reports Rise in Q1 Revenue

by May 7, 2016

Casino operator Century Casinos Inc. announced on Friday its financial results for the first quarter of the year. Net operating revenue amounted to $32.5 million, up 7% from the figure posted for the three-month period ended March 31, 2015.Adjusted EBITDA stood at $5.6 milli ...

NYX Gaming Makes First Foray into Sports Betting Through OpenBet Acquisition

by May 6, 2016

Last year was marked by a wave of important mergers and acquisitions between some of the world’s biggest gambling operators. Ladbrokes and Coral Group announced that they would merge their operations to create the largest High Street betting shop chain in the United Kingdom ...

CVC Capital Partners and Its Latest Bid to Expand Presence in the Gambling Industry

by May 6, 2016

If we could describe 2015 with just a few words and within the context of gambling, we could say that it was the year of strategic mergers and acquisitions between fellow gambling operators. Last year, we saw some of the world’s biggest gaming companies consolidate operatio ...