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ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚEndeavor Groꦰup benefits from growth in sports in Q1

OpenBet and IMG Arena parent Endeavor Group has reported a 15.9 per cent increase in revenue to $1.85 billion for the first quarter of 2024.The revenue growth was derived from Endeavor’s Owned Sports Properties segment, where revenue climbed by 94.0 per cent year-on-year to $685.4 million following the acquisition of [...]
1 min read

GI Games Round-up featuring Nolim൲it City, Relax Gaming and more

This week’s games and platform integrations round-up from Gaming Intelligence features Nolimit City, Relax Gaming, Play'n GO, Pragmatic Play, Bragg Gaming and Indigo Magic.Nolimit City’s Kenneth Must DieEvolution-owned Nolimit City has launched its eagerly awaited Kenneth Must Die slot, a game that has been in development for over two years.“This [...]
3 mins read
GAN

billi🔜on casino royal: GAN slips to loss as Q1 revenue falls 13%

Gaming supplier and operator GAN has recorded a 13 per cent drop in revenue to $30.7 million for the first quarter of 2024, with growth in B2B offsetting a decline in its customer-facing operations.Revenue from B2B grew by 9 per cent year-on-year to $12.3 million due to growth in Nevada, [...]
1 min read

Mohegan Tribal ♏Gaming benefits from international growth in Q1

The Mohegan Tribal Gaming Authority has achieved its highest ever quarterly net revenue as first quarter revenue increased by 14 per cent to $461.7 million.Net revenue from Domestic operations rose 1 per cent to $300.4 million, primarily due to higher non-gaming revenue, while International revenue grew 53 per cent to [...]
1 min read

Ainswo𓃲rth names new SVP of compliance and general counsel

Ainsworth Game Technology has appointed Nancy Ramirez Ayala as senior vice president, general counsel and group compliance officer.Prior to joining Ainsworth, Ayala served as vice president of legal at Rush Street Interactive, having previously served as assistant general counsel/Intellectual Property counsel for William Hill US.“Nancy’s passion for her work in [...]
2 mins read

Ainsworth puts strategic review on hold to focus on imp🎐roved financials

Sydney-listed Ainsworth Game Technology has put its strategic review on hold in order to “optimize” the company’s financial results and performance.The company’s Board has decided to pause the previously announced strategic review being undertaken by Macquarie Capital in order to focus on organic operations and ensure that the review is [...]
1 min read
Betway

Super Group acquires full control of sportsbook technology for €140 mill💞ion

Super Group is assuming full control of its sportsbook software by acquiring the technology platform from long-standing software partner Apricot for €140 million.The transaction brings the Betway owner closer to its goal of fully owning and controlling its sportsbook technology across global markets, giving the company the capability to apply [...]
1 min read

Taiwan Welfare Lottery sales down by 🔴37% in Q1 2024

The Taiwan Welfare Lottery reported a 37 per cent decrease in first quarter sales to NT$19.72 billion (€566.4 million), after March’s sales were NT$4.95 billion.March’s Welfare Lottery sales fell by 44 per cent and the prizes paid to winning customers were NT$2.97 billion, a 46 per cent decrease year-on-year.The Taiwan [...]
1 min read

Kambi’s esports division Abios promotes Anton Janér to managing director

Kambi Group’s esports subsidiary Abios has appointed chief technology officer and co-founder Anton Janér as its new managing director.Janér succeeds Abios’ long-term CEO and co-founder Oskar Bonnevier Fröberg, who has stepped down to pursue new endeavours.Having co-founded the company alongside Fröberg in 2013, Janér was instrumental in the development of [...]
2 mins read

Super Group enjoys record Q1 as revenue♕ grows to €379.3 million🥃

Betway-owner Super Group has reported a 12 per cent increase in revenue to a record €379.3 million for the first quarter of 2024, driven by growth in Africa and North America.Revenue from Betway increased by 12 per cent year-on-year to €222.0 million, while Spin revenue was up by the same [...]
1 min read

Genius Sports sees firsꦉt quarter reve💯nue climb 23%

Genius Sports has reported better-than-expected results for the first quarter of 2024 as revenue increased by 23 per cent to $119.7 million.Revenue in the first quarter exceeded the company’s guidance of $117 million, with revenue from Betting Technology, Content & Services up 14 per cent at $73.9 million, driven by [...]
1 min read

Wynn Resor��ts revenu𓆉e reaches $1.86 billion in first quarter

Wynn Resorts has reported a 31 per cent increase in revenue to $1.86 billion for the first quarter of 2024, with growth across all of its operations.In Macau, Wynn Palace revenue increased by 59 per cent to $586.9 million in the first quarter, with Wynn Macau revenue 78 per cent [...]
1 min read
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