Industry

PlayAGS has successfully completed its debt refinancing, the manufacturer and supplier of gaming products announced on Tuesday. The transaction lowers the total principal amount of debt outstanding by approximately $40 million and reduces annualized cash interest expense by about $10 million, while expanding Revolving Credit Facility capacity to $40 million and extending key debt maturities.
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bet365 has now launched its iGaming services and products in Buenos Aires, Argentina, under dual city and provinces licenses, the UK-based online gambling company announced this week. A dedicated site, bet365.bet.ar, is now live. The popular bookmaker secured dual BA licenses from the Provincial Institute of Lottery and Casinos (IPLyC) and city regulator Lotería de
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Sportsbook platform provider BtoBetannounced Wednesday the publishing of its latest Industry Report “Brazil Betting Focus”, which analyzes the opportunities this market poses once it opens up for business. The report goes over the regulatory situation in the Latin American country, which many industry experts expect to be fully regulated by this year. It also provides
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Just over 35 million Americans bet on the Super Bowl last year. In 2022, that number jumper by 2.25% to just over 80 million. This according to GeoComply, the company providing geolocation services for the industry. What a difference a year makes, huh? Yes, there were restrictions from the pandemic still in place last year.
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Carnival Cruise Lines and Royal Caribbean are reinstating smoking in their casinos starting this week. The two lines were among several that enforced casino smoking prohibitions last month amid tightened Covid-19 protocols in response to the omicron variant. Carnival’s new casino rules, effective with cruises departing on or after Monday, February 14, state there is
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The U.S. commercial gaming industry saw a new record in 2021 as the highest-grossing year ever, reaching $53 billion in revenue, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total breaks 2019’s previous industry record of $43.65 billion by more than 21%. According to data released Tuesday by AGA, the fourth
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PointsBet Canada is considering Alberta’s tech hub in the Calgary-Edmonton Corridor as a possible expansion point for its digital sports betting operations. As announced Friday by its new partner Invest Alberta, the Australian operator looks to expand in the Canadian marketplace and invest in job creation in the country’s legal sports betting industry.  In August
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Real Luck Group and its subsidiary companies doing business as “Luckbox” has re-commenced its affiliate marketing activity as the next step of its player acquisition strategy. The company plans to scale player marketing efforts based on data and feedback from this initial phase.  Real Luck Group has signed agreements with several key affiliate marketing networks
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Online game and platform developer Vibra Gaming and online gaming operator Betcris announced Tuesday a collaboration that strengthens their position in the Latin American market through a new distribution deal.  Under the terms of this deal, Argentina-based Vibra Gaming will offer its complete library of slots and video-bingo games through the Costa Rica-based Betcris platform. Original
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iGaming aggregator Slotegrator has analyzed how online casinos can turn a profit net of winning, and it has introduced CRM tools for operators to maximize the volume of their revenues through the effective acquisition, conversion, and retention of players. The company explained in a new analytical article that in order to run a successful iGaming operation,
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Gaming Innovation Group Inc (GiG) reported Tuesday its Q4 2021 results, with revenues accounting for €18.2 million ($20.6 million)  and an EBITDA of €5.6 million ($6.3 million).  According to the company’s report, 2021’s final quarter saw an increase in revenue of 29% in a year-over-year comparison. EBITDA also saw a 35% growth and a margin
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Carnival Cruise Lines and Royal Caribbean are reinstating smoking in their casinos starting this week. The two lines were among several that enforced casino smoking prohibitions last month amid tightened Covid-19 protocols in response to the omicron variant. Carnival’s new casino rules, effective with cruises departing on or after Monday, February 14, state there is
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The U.S. commercial gaming industry saw a new record in 2021 as the highest-grossing year ever, reaching $53 billion in revenue, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total breaks 2019’s previous industry record of $43.65 billion by more than 21%. According to data released Tuesday by AGA, the fourth
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NOVOMATIC Interactive’s division, Greentube, announced Tuesday it will see its slot products reach more players across all three Baltic states after partner Betsson launched an additional Russian language site for Lithuanian users.  Betsson Group’s Betsafe brand, which has been offering Greentube’s titles across its brands since 2017, has now added Russian language sites to attract
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New Zealand-based gambling firm SkyCity Entertainment Group has shared interim results for FY22. For the six months to December 31, 2021, the company experienced “another challenging period” in which financial performance was impacted by significant COVID-19 disruption, in particular in Auckland, where SkyCity Auckland was closed for 107 days. Even though the New Zealand domestic
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