Playtech announces ‘very strong online performance’ in trading update

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iGaming Business

Online casino growth pushes revenue up 4.2% at OPAP in Q1

OPAP said growth in its online casino business helped push revenue up 4.2% year-on-year to €549.7m (£467.5m/$593.3m), while the Greek gambling group also hailed further success within its lottery division. Gross gaming revenue (GGR) in Q1 comfortably surpassed the €527.2m reported by OPAP in the same period last year. Net gaming revenue - GGR minus…

Finance ・ 30 May 2024

Yogonet

Full House sees revenue down in 2022, officials pleased with early Waukegan casino response

Casino developer and operator Full House Resorts has announced its financial results for the fourth quarter and full year 2022. For Q4, the company posted revenue of $36.1 million, a decrease from $43.3 million in the prior-year period; and as for the full year, revenues were down by almost $17 million to $163.3 million. Management noted that the…

Finance ・ 09 March 2023

Playtech

Playtech signs a multi-year partnership with Betway across multiple jurisdictions

London, 16 May 2022 - Playtech, the world's leading gambling technology company announces a new multi-year partnership with Betway, one of the leading global brands in online betting and gaming. Under this strategic partnership, Betway has already launched Playtech's award-winning Live Entertainment products across, the UK, Mexico and.com markets,…

Industry ・ 14 June 2022

Recent Slot Releases

Recent Slot Releases, fresh industry news

B2B iGaming technology provider EveryMatrix announces strong results for Q2 of 2022. EveryMatrix's Q2 update shows financial performance ahead of expectations and Gross Profit growth across all business segments (Casino, Sports, and Platform) against the same period in 2021, a strong global sales performance with a significant contract signed, good…

Industry ・ 19 September 2022

Wild Casino

$5,000 Welcome Bonus

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European Gaming

Casino Guru Invites You to Its Sustainable Gambling Gathering and The Casino Guru News Booth in Barcelona

B2B iGaming technology provider EveryMatrix announces strong results for Q2 of 2022. EveryMatrix's Q2 update shows financial performance ahead of expectations and Gross Profit growth across all business segments (Casino, Sports, and Platform) against the same period in 2021, a strong global sales performance with a significant contract signed, good…

Sports ・ 19 September 2022

Casino Reports

Elements Casino Chilliwack Renews Payments to Charities

It has been a while, but Elements Casino Chilliwack is now able to contribute again to the local charity organizations. For the first time in several years, the gaming amenity made its annual payment to a group of local charities that form the Knight Road Legacy Association. The cheque was presented to KRLA officials and it was worth…

Bingo ・ 12 July 2022

The Sydney Morning Herald

Pokie giant Aristocrat to launch online casino product this year

Pokie giant to launch online casino product as it readies for digital gambling boom Poker machine giant Aristocrat Leisure says it will launch its online casino business by the end of this year, as the ASX-listed group aims to become a leader in the emerging digital gambling industry. Aristocrat also announced a $500 million on-market share buyback…

Industry ・ 19 May 2022

iGaming Business

Aristocrat’s online ambitions unchanged with Playtech deal set to fail

However Playtech said today (2 February) that proxy votes received to date suggest the acquisition will fall short of the 75% of votes required for Aristocrat's bid to proceed, though it is anticipated that more votes will be cast in favour of the deal than against. "We are disappointed that our recommended offer to acquire Playtech plc is expected…

Strategy Guide ・ 02 February 2022

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Gaming Realms says strong 2021 momentum has continued into new year

For the year to 31 December 2021, Gaming Realms (GMR) said it expects to report revenue of c.£14.5m and adjusted EBITDA of c.£5.6m, up 27% and 70%, respectively, year-on-year. Gaming Realms, which develops and licences mobile focused gaming content, has attributed the strong performance over the period to the continued growth of its licensing…

New Year ・ 28 January 2022

Yogonet

888 sells its entire online bingo business to Broadway Gaming, focuses on core markets

Broadway Gaming Group's Saphalata Holdings announced Wednesday the acquisition of the entire online bingo business units of 888 Holdings for a total consideration of $50 million. Under the new agreement, Broadway Group will integrate 888's Dragonfish B2B holding, and multiple B2C operators, including its technology, assets, operations, clientele…

Bingo ・ 17 December 2021

Yogonet

High demand for Evolution's Live Casino drives 97% revenue growth

Live Casino saw 53% growth year-on-year, EBITDA increased by 113%, while RNG revenue grew 7.9%. Throughout the period, the company continued its expansion with the US market and signed an agreement to acquire iGaming developer DigiWheel. Evolution is currently rolling out its updated integration for casino, One Stop Shop, and is advancing on new…

Finance ・ 14 November 2021

Yogonet

Kindred sees revenue up 6% to $410M in Q3, boosted by strong casino performance

indred Group report for the third quarter of the year. The company posted double-digit earnings growth, driven by a strong casino performance. Gross winnings revenue for the period increased by 6% (11% in constant currency) to $410 million, while underlying EBITDA grew 13% to $115.6 million. Other highlights of the period include an increase in the…

Finance ・ 28 October 2021

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Online Poker Report

Aristocrat Beefs Up With $2.9B Acquisition Of Playtech

Two major B2B casino game manufacturers are set to link up. Australia's Aristocrat Leisure will pay $2.9 billion to acquire Playtech. Aristocrat is the world's second-largest manufacturer of physical slot machines after IGT, and has been ramping up its digital offerings in the last few years. It's also the owner of Big Fish Games, a developer and…

Industry ・ 19 October 2021

Financial Review

Aristocrat eyes $94b prize with megadeal

For Aristocrat chief executive Trevor Croker, it's a deal that will set Aristocrat up for a new phase of growth over the next five years, taking Aristocrat beyond its two key businesses - selling gaming machines to casinos and venues around the world, and developing online social games where players don't gamble real money - and online real money…

Trust and Safety ・ 20 October 2021

GGRAsia

Aristocrat US$2.9bn offer for online bet biz Playtech

Australia-listed slot machine maker and online gaming content provider Aristocrat Leisure Ltd has made a circa AU3.9-billion (US$2.7-million) cash offer to acquire all of London-listed Playtech Plc, a leading gaming content provider for the online and land-based casino industries. The cash offer represents a premium of approximately 58 percent to…

Covid ・ 18 October 2021

Gambling Insider

Success Dragon extends slot machine supply agreements until 2022

Success Dragon International Holdings Ltd, a gaming services provider, has renewed its agreements to supply, set up and manage a minimum of 120 slot machines and multi-terminal machine units at the Grandview Casino and the Casa Real Casino in Macau. The two agreements were signed by Success Dragon's wholly-owned subsidiary Ace Advantage…

Gaming Authorities ・ 20 September 2021

GGRAsia

Success Dragon confirms new deals with two Macau casinos

Gaming services provider Success Dragon International Holdings Ltd is to "supply, set up and manage" a minimum of 120 slot machines and multi-terminal machine units in the slot halls of Macau casinos Grandview and Casa Real (pictured in a file photo), respectively. The announcement was made by the firm in a filing to the Hong Kong Stock…

Travel ・ 20 September 2021

Moneyweb

The casino always wins

Sun International's Boardwalk Casino complex in Nelson Mandela Bay. Image: Supplied Sun International is recovering, if the set of results for the six months to end-June 2021 is anything to go by. The hotel and gaming group made a point of including results for the first six months of 2019 - before the Covid-19 pandemic and subsequent business…

Covid ・ 31 August 2021

The Express

Centre commissioners question impact of proposed casino at Nittany Mall

BELLEFONTE - Earlier this week, the Pennsylvania Gaming Control Board held a public input hearing regarding a Category 4 mini-casino proposed for the former Macy's location at the Nittany Mall. On Tuesday, the Centre County commissioners talked about the possibility and what a casino would mean to Centre County. "It's really going to depend on when…

Law ・ 18 August 2021

World Casino News

Scientific Games strengthens foothold in Michigan online market

FireKeepers Casino Hotel has partnered with Scientific Games Corporation (NASDAQ: SGMS), in a deal that has seen the gambling products and service provider's online casino and digital sports betting content launch in Michigan. Courtesy of the new agreement, FireKeepers gains access to the Las vegas-based firm's full digital technology suite, as…

Blackjack ・ 22 July 2021

The Nevada Independent

Indy Gaming: Fitch Ratings revises its outlook toward Las Vegas casino recovery, sees rebound by 2023

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. Please to sign up and receive Indy Gaming in your inbox. Fitch Ratings gaming analyst Colin Mansfield waited in line patiently to sample a specialty item offered by Boon Tong Kee, one of the…

Land-based ・ 21 July 2021

Casino Beats

LeoVegas appeal, GambleAware, Evolution, & Flutter: the week in numbers

Each week, CasinoBeats breaks down the numbers behind some of the industry's most interesting stories. Today we take a brief look at an array of financial updates from across the industry, as well as a five-year strategy released by GambleAware, LeoVegas appeal, and the "devastating" effect of COVID-19. 4.75 Super Group unveiled its intention to…

Gambling Addiction ・ 07 May 2021

Gambling News

Gaming Realms Forecasts 55% Rise in Revenue in 2020

Following a strong first half of 2020 due to increased online activity, Gaming Realms has predicted at least a 55% increase in revenue to £10.7m for the whole year. The announcement boosted the company's shares by 3% in early trading. Real-money mobile gaming provider Gaming Realms expects to report a 55% increase in revenue to £10.7m this year. On…

Finance ・ 19 January 2021