Bragg Gaming Group Inc. has announced an impressive record revenue of EUR 24.9 million for the second quarter of 2024, underscoring its robust performance across multiple iGaming markets and product verticals. This milestone represents a marginal increase from the previous year, indicative of the company’s sustained growth and strategic expansions. The quarter saw Bragg not
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PENN Entertainment is making significant strides in expanding its sports betting offerings by seamlessly integrating ESPN Bet into popular media apps like ESPN and theScore, as well as rebranding several of its retail sportsbooks. During a recent Q2 earnings call, PENN Entertainment’s CEO, Jay Snowden, announced plans to incorporate ESPN Bet wagering functionality into the
Mohegan’s newly inaugurated South Korean venue, Mohegan Inspire, located in Incheon, has been a significant catalyst in achieving record-breaking revenues for the casino operator. Since its opening in late 2023, Inspire has amassed net revenues amounting to US$101.1 million, demonstrating robust month-on-month growth in both visitation and volume. Record-breaking performance: For the fiscal quarter ending June
Yggdrasil, in collaboration with YGG Masters partner Peter & Sons, invites players to a thrilling scientific adventure in space with their latest slot game, Mutagenes. Set against a backdrop of a dynamic sci-fi space laboratory, the game offers players a chance to spin the reels amidst floating horrors, assisting in the creation of next-gen humanoids and
Entain plc, a global leader in sports betting and gaming, has released its interim results for the first half of 2024, ending on 30 June. The report showcases a robust performance with Total Group Net Gaming Revenue (NGR) increasing by 6%, and an 8% rise on a constant currency basis, inclusive of a 50% share from BetMGM. Notably,
Set to commence next week, the Australasian Gaming Expo (AGE) 2024 promises to be a pivotal event for gaming professionals in Australia and New Zealand. Scheduled from August 13-15 at the ICC Sydney, this premier expo will cover 19,000 square meters and feature an array of exhibitors who showcase the latest in gaming technology, hospitality, and
In a significant move to combat gambling crimes, the Macau government is set to criminalize unlicensed money exchange activities within casino premises, escalating the crackdown on informal financial practices that have long been a gray area in the region’s bustling casino industry. As announced by veteran legislator Chan Chak Mo, who heads the committee scrutinizing
The JOA Group (Jouer Oser s’Amuser), a prominent name in the French casino industry, is set to add a new gem to its portfolio by establishing its 34th casino in the picturesque city of Saumur, Maine-et-Loire. This announcement comes as the city has chosen JOA Group as the delegate for the ambitious project that involves the
Red Rock Resorts is set to diversify its portfolio by venturing into the tavern gaming sector, marking a significant expansion within the competitive Las Vegas market. This strategic move comes as Nevada gaming regulators greenlight the company’s entry into the tavern business under the newly introduced brand, Seventy Six by Station Casinos. During a recent
Jake’s 58 Casino Hotel in Islandia, New York, is currently grappling with several state violations for allegedly employing numerous staff members who lacked proper gaming licenses. This situation marks a significant enforcement action by the New York State Gaming Commission. According to details released on December 15 by the state Gaming Commission in communication with
In the latest annual compilation by Forbes, several figures from the gaming industry have made significant moves on the list of the Philippines’ 50 Richest, with Enrique K. Razon Jr., Chairman and CEO of Bloomberry Resorts Corp, now ranked second. Razon’s net worth surged by approximately US$3 billion over the past year, elevating him to a staggering US$11.1 billion, largely
Light & Wonder, Inc., a leader in casino equipment and digital gaming, has announced its financial results for the second quarter ended June 30, 2024, marking another period of strong performance and strategic achievements. The company continued its impressive streak with an 8th consecutive quarter of double-digit revenue growth, reflecting a robust increase of 12% year-over-year. This growth was driven
In June 2024, Denmark experienced a remarkable 37.0% increase in gambling revenue, reaching DKK703m (£81.1m/€94.2m/$103.0m). This substantial growth is attributed to a significant rise in sports betting activities, coinciding with the excitement surrounding Euro 2024. The total revenue, as reported by the Danish regulator Spillemyndigheden, includes contributions from sports betting, online casinos, land-based casinos, and physical slot machines. Sports betting takes
The ambitious plan to transform the Nassau Coliseum in New York State into a $6 billion Las Vegas Sands casino and resort complex has taken a significant step forward. After a crucial vote on Monday, tensions that had been building within the Nassau County legislative chambers were momentarily resolved. Lawmakers voted to transfer the 72-acre property
Global entertainment powerhouse SkillOnNet has officially obtained a license to operate in Peru, marking a significant step in its expansion efforts across Latin America. This license, issued by Peru’s Ministry of Foreign Commerce and Tourism (Mincetur), paves the way for Peruvian enthusiasts to engage with SkillOnNet’s extensive catalog of casino games. Tailored gaming experience: Players in Peru can look
Push Gaming has unveiled its latest addition to a beloved game series with Razor Ways, a slot game that introduces a revamped aesthetic and innovative gameplay mechanics. Building on the success of Razor Returns, this new entry offers fans an evolved experience with familiar mechanics enhanced for a fresh engagement. Reimagining a classic series: Razor Ways impresses with
Wynn Resorts is actively expanding its global footprint, focusing on new developments in the United Arab Emirates, potential opportunities in Las Vegas, and exploring options in Thailand. During a recent earnings call, CEO Craig Billings highlighted the company’s strategic investments and forward-looking growth plans. Wynn Resorts is making significant strides with its Wynn Al Marjan
Following a series of volatile trading days that impacted global financial markets, gambling stocks experienced a notable recovery on Tuesday. This bounce-back comes after Monday’s significant downturn, highlighting a resilience in the gambling sector. Major Las Vegas-linked casino operators like MGM Resorts International, Caesars Entertainment, Wynn Resorts, and Boyd Gaming all recorded commendable gains during
A group of Democratic lawmakers is advocating for a ban on betting in relation to the 2024 Presidential election, emphasizing the potential for such activities to undermine the democratic process. This concern is highlighted in a recent communication to Rostin Benham, the Chairman of the US Commodity Futures Trading Commission (CFTC), where they expressed fears
Rush Street Interactive, Inc. (RSI), a prominent player in the online betting and casino industry in the U.S., Canada, and Latin America, continues to stand firm in its decision not to implement a customer surcharge. This move solidifies RSI’s dedication to providing exceptional value, ensuring that its customer-first approach remains uncompromised in a landscape where competitors