Sports betting services provider Kambi Group has clocked €44.3 million ($46.78 million) in revenue for the fourth quarter of 2023 and €173.3 million ($187.25 million) for the full year of 2023. While the quarterly revenue saw a decline from €57.8 million ($62.45 million) in the same period last year, annual revenue grew from €166 million ($179.37 million)
Month: February 2024
Sports betting revenue in Mississippi shot up 31.4% year-on-year to $6.7 million in January despite a decrease in overall betting activity. In addition to surpassing January 2023’s revenue of $5.1 million, January 2024 was also 36.7% up from December 2023’s $4.9 million. These increases came despite the Magnolia State registering a 22% decline in handle from
The newly renovated high-limit slot room at Green Valley Ranch Resort Spa & Casino in Nevada is now open to patrons. The upgraded high-limit room boasts 127 games, a bar featuring 14 bartop machines, and a dedicated cage, all designed to exude a “bright airy vibe,” according to Station Casinos, the property’s parent company. This enhancement
The legislation paving the way for the potential legalization of lottery, casinos, and sports betting in Alabama seemingly lacks votes in the Senate. Sen. Greg Albritton, who handles the bill to allow voters to decide whether to authorize the gambling expansion, said that the plan does not have the votes to pass at this point.
Following the record-breaking 2023 event, the 2024 World Series of Poker (WSOP) reportedly returns to the Las Vegas Strip for another thrilling enterprise. As reported, the most prestigious poker tournament has announced the schedule of the 2024 edition of the popular series to include ninety-nine live poker events. These events will reportedly compose the 55th
Despite the inflation and economic crisis that had a significant impact on the country’s economic situation, America’s casino industry had the best year ever. Significant success: As the country’s national trade association reports, the commercial casinos earned $66.5 billion in 2023. According to the American Gaming Association, that amount represents a 10% increase compared to
Backseat Gaming, a recently established sibling studio of popular Hacksaw Gaming, takes the players on an unforgettable adventure in Ancient Egypt in its newest slot release, The Cursed King. The company was founded in 2022 in Malta, and it has already become popular among the fans, partly because of integrating the famous Hacksaw Gaming’s OpenRGS
Aruze Gaming Global (AG2), a Las Vegas-based casino equipment manufacturer, is pleased to reveal that it has managed to achieve a crucial landmark in its business, having obtained validations from fourteen tribal entities over the US, in addition to securing licenses from the Wisconsin Division of Gaming, West Virginia Lottery and Louisiana Gaming Control Board.
Caesars Entertainment recently revealed details of its performance in terms of profit for the entire quarter and total year, both of which ended on December 31 of the previous year. Revenue data: The firm revealed that the GAAP net income for the 4Q was $2.83 billion, which further represents a marginal growth of 0.35% compared
February 21, 2024 The PokerStars Irish Open Online is set to kick off from February 26 to March 4, paving the way for the grand PokerStars and Paddy Power sponsored Irish Open scheduled from March 25 to April 1. The 17-event schedule promises at least $645,000 in guaranteed prizes, with event winners getting an extra
February 21, 2024 One of the biggest and most popular poker rooms in Las Vegas is expanding, and that’s good news for cash and tournament players alike. Today, Venetian Las Vegas announced that it plans to unveil a brand-new poker room this summer. The new poker room, which will be located on Level 2 of
View image in fullscreen UK online gambling operators braced for £2 stake limit on digital slot machines Government-imposed maximum to be announced on Friday could cost companies hundreds of millions in revenue The gambling industry is braced for new limits of as little as £2 a spin for online slot machines, the Guardian understands, in
Profits from gambling in America reached an annual record of $66.5 billion in 2023, according to the American Gaming Association’s Commercial Gaming Revenue Tracker. The total surpasses 2022’s previous high of $60.5 billion by 10 percent, marking the industry’s third-straight record revenue year. The year was punctuated by all-time high quarterly revenue of $17.4 billion
Gaming technologies and services provider SYNOT reflected on its participation at the ICE London 2024 exhibition, which took place from February 6th – 8th at the ExCeL London exhibition center. This was the last edition of the renowned event in the UK’s capital before it relocates to Barcelona, Spain starting next year. The company said:
Caesars Entertainment has announced an agreement to acquire the operations of WynnBET’s Michigan iGaming business and a long-term extension of iGaming market access rights with the Sault Ste. Marie Tribe of Chippewa Indians. The acquisition allows Caesars access to the Sault Tribe’s iGaming skins, enabling it to operate additional digital brands in Michigan. Existing WynnBET
The latest edition of the ICE gaming expo – the last to be held in London as the event prepares to relocate to Barcelona starting in 2025 – came to an end on February 8, gathering gaming stakeholders from all industry verticals at the ExCeL exhibition center for three busy days of networking, product presentations,
In Norway, the realm of online casinos operates within a grey area of legality, presenting both restrictions and opportunities for players. Governed by laws such as the Gaming Scheme Act of 18 March 2022 no. 12 and the Gaming Scheme Regulation of 17 November 2022 no. 1978, the provision, marketing, or distribution of gambling activities
REEVO, the powerful international iGaming aggregation platform, has announced the signing of a groundbreaking partnership agreement with Rival, one of the world’s top suppliers of casino games. The strategic partnership between these two powerful players can be regarded as a significant milestone as the over 180 casino games supplied by Rival will be aggregated into
The famous developer of crash games, SPRIBE, decided to take a new spin on its business and come up with a new, innovative solution, Broadway Platform. Innovative product SPRIBE, which is known as a leading crash game in the world, changed the perspective of both players and operators when it comes to this type of
The Australian Communications and Media Authority (ACMA) has requested that internet service providers (ISPs) block 12 illegal gambling websites after investigations found the services to be operating in breach of the Interactive Gambling Act 2001. The latest sites blocked include Playzilla, Wazamba, Zet Casino, Slots Palace, Nomini, Casinia, SG Casino, Fez Bet, Buran Casino, Spin Better,