Month: May 2024

Multinational gaming company Codere Online reported revenue of €50.4 million ($54.3 million) in the first quarter of 2024, while net gaming revenue reached the highest-ever quarterly figure at €53 million ($57.5 million), up 34% from Q1 2024. Another highlight of the period, Codere reported that its average monthly active players increased by 16% year-over-year to 143,200,
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Atlantic City’s casino industry posted $467 million in gross gaming tax revenue for 2023, according to the Lloyd D. Levenson Institute of Gaming, Hospitality, and Tourism at Stockton University and the Casino Association of New Jersey. This represents a 12% increase over the previous peak in 2006, officials disclosed on Wednesday, as the Press of Atlantic
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Interest and betting in women’s sports are experiencing an unprecedented surge in the United States, driven significantly by the popularity of basketball star Caitlin Clark. Making her professional debut with the WNBA’s Indiana Fever, Clark has been pivotal in drawing record-breaking betting activity on the NCAA women’s basketball tournament. Gamblers are keenly wagering on her
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Australia-listed gaming powerhouse Aristocrat Leisure Ltd unveils its stellar financial results for the first half, with revenue hitting just under AUD3.27 billion, marking a commendable 6.1 percent increase from the previous year. Amidst a backdrop of economic fluctuations, the company posts an interim profit after tax and before amortization of acquired intangibles (NPATA) of AUD752.1
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Celebrated game developer Wazdan ventures into the vibrant Filipino market through a strategic partnership with SG8, a prominent operator renowned for its diverse offerings. A total of 46 Wazdan titles, including popular games like 9 Burning Dragons and 9 Burning Stars, will now be accessible to players across the Philippines, amplifying the gaming experience in the region. Leader
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Betting company 888 Holdings announced that it has officially completed its rebranding to Evoke Plc. The rebrand, which was subject to shareholder approval, was implemented on May 13th at 888’s annual general meeting (AGM). 284,646,548 votes were cast in favor of the move while 595,372 voted against it. In addition, 24,741 votes were withheld. The company
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Casino and sportsbook platform provider Soft2Bet participated in the SBC Summit North America 2024, held last week in New Jersey. The conference is aimed at stakeholders in the online betting and gaming industry in the U.S. and Canada.  The company displayed its Motivational Engineering Gaming Application (MEGA) at the event. Moreover, Soft2Bet Chief Business Development
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Live casino studio provider Imagine Live has expanded its senior leadership team with the immediate appointment of Barry Mahon as Chief Commercial Officer.  In this role, Mahon will be responsible for development, business relationships, and revenue management, driving the commercial strategy and contributing to the growth of Imagine Live. Mahon has held senior leadership positions in commercial
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