DraftKings has released its financial results for the fourth quarter and full year 2024, showcasing significant revenue growth alongside increased operating losses. The company reported a total annual revenue of $4.8 billion, reflecting a 30.1% year-over-year increase. However, its net loss for the fourth quarter surged by over 200%, influenced by rising expenses and customer-friendly
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As a global name in gaming solutions, SYNOT Group continues to expand its footprint in the industry, offering cutting-edge products and technology across multiple markets. At ICE Barcelona, the company showcased its latest gaming machines, online content, and system solutions, reaffirming its commitment to high-quality gaming.  In this exclusive interview with Yogonet, Miroslav Valenta, Sales
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Churchill Downs Incorporated (CDI) has officially opened Owensboro Racing & Gaming, a $100 million entertainment venue in Owensboro, Kentucky, marking the company’s latest expansion in the state’s gaming industry.   The venue, which features 600 historical racing machines (HRMs), a retail sportsbook, simulcast wagering, and multiple dining options, is expected to boost economic activity and
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The Hawaii State Legislature has indefinitely deferred a bill that would have legalized casino gambling in the state, effectively shutting down the proposal. Lawmakers shut down Senate Bill 893 on Thursday, which aimed to establish a Hawaii Gaming Control Commission to oversee casinos within the planned Aloha Stadium Entertainment District, KITV reported. The bill also included
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iGaming solutions provider Control F5 has announced that it will attend the upcoming SBC Summit Rio 2025, to be held in Rio de Janeiro from February 25 – 27. The company’s participation in the event will follow its presence at ICE Barcelona last month. In Spain, Control F5 presented its range of services to the international
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Gaming supplier Zitro has introduced its CONCEPT cabinets at the Winpot Casino in Puebla, Mexico. Joining the cabinet line are new titles like Legendary Sword, Fairyland Quest, Lucky Vault, and Triple Charm Journey.  “Winpot Casino has revolutionized entertainment in Puebla with the arrival of Zitro’s CONCEPT cabinets, a global milestone in the gaming industry,” says
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DraftKings has released its financial results for the fourth quarter and full fiscal year of 2024, reporting a 13% year-over-year increase in Q4 revenue. The US sports betting giant recorded revenue of $1.39 billion for the quarter, an improvement from $1.23 billion in Q4 2023, driven by strong customer engagement, new market expansion, and its acquisition of Jackpocket in
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