Public Gaming Industry
Finance
CEO Jason Robins talks up DraftKings’ lottery customer acquisition and in-play opportunities
Robins talks up DraftKings’ lottery customer acquisition and in-play opportunities
Speaking during its full year 2024 and Q4 earnings c...
Danish gambling GGR reaches DKK 7.27bn for 2024
Online casino GGR accounted for 48.6% of GGR in Denmark last year.
Key points:
- Overall GGR was up 6.9%
- Only gaming machines saw...
AGEM Index grew by 4.2% m-o-m in January, up nearly 40% yearly
The AGEM Index saw a healthy rebound in January, rising by 4.2 percent from the prior month. Particularly, however, the Index saw healthy...
Fox Says FanDuel, Flutter Stakes Worth More Than $7.5 Billion
Media giant Fox Corporation (NASDAQ: FOX) estimated the combined value of its Flutter Entertainment (NYSE: FLUT) and FanDuel stakes at ne...
Standard General Wraps Up $4.6 Billion Bally’s Acquisition
Bally’s (NYSE: BALY) and Standard General announced today that the investor completed its $4.6 billion takeover of the regional casino op...
UK Gambling Commission releases operator data through December 2024
(PRESS RELEASE) -- The U.K. Gambling Commission has published further data on the gambling industry in Great Britain. This data, source...
AGEM Index grew by 4.2% m-o-m in January, up nearly 40% yearly
The AGEM Index saw a healthy rebound in January, rising by 4.2 percent from the prior month. Particularly, however, the Index saw healthy...
Svenska Spel has reported its financial results for the fourth quarter of 2024, as well as the entirety of the year.
“As Sweden's entire gaming company, we give back by donating our entire surplus to the treasury. This is money that benefits society, in ...
Aristocrat completes AU$1.85 billion share buyback program
Australian gaming giant Aristocrat Leisure Ltd said Wednesday it has completed an AU$1.85 billion (US$1.15 billion) share buyback program...
Online Gambling Sites Linked to Fentanyl Money Laundering
Criminal organizations are using online gambling platforms and associated payment processors to launder money from fentanyl production an...
KPMG under investigation over audit of gambling company Entain
The accounting firm KPMG is under investigation by the sector’s UK regulator over its audit of the 2022 accounts of the gambling company ...
US Online Casino Growth Accelerated in 2024, With Over $8.4 Billion in Full-Year Revenue
The US online casino industry saw its growth accelerate in 2024 despite a lack of significant new market launches. That’s impressive, as ...
Pennsylvania: Gaming revenue reaches record more than $6 billion in 2024
The Pennsylvania Gaming Control Board Tuesday reported record yearly revenue of $6.17 billion in 2024, the first time the $6 billion mark...
Virginia Lottery releases December 2024 casino activity report
(PRESS RELEASE) -- The Virginia Lottery released its report on casino gaming activity for the month of December 2024. There are three ope...
Compliance startup receives investment from former Kindred CEO
Compliance startup receives investment from former Kindred CEO Key points:
- Regulatory compliance tech startup Letzz has received inv...
Pollard Banknote Announces Renewal and Expansion of its Credit Facility
WINNIPEG, MB, Jan. 9, 2025 /CNW/ - Pollard Banknote Limited "Pollard Banknote"; (TSX: PBL) is pleased to announce that Pollard Banknot...
Oregon Lottery transfers $947M back to the state
The Oregon Lottery will return more than $947 million to the state for the 2024 fiscal year – a $48 million increase from the previous ye...
Caesars Sells World Series of Poker to Online Gambling Operator for $500 Million
Bloomberg) -- Caesars Entertainment Inc. has agreed to sell its World Series of Poker brand to online gambling operator NSUS Group Inc. f...
AGEM Index decreases 4.8 percent in December
December 2024 The AGEM Index fell by 79.54 poin...
Flutter Repurchasing Shares, Aims to Buy Back $350M by End of Q1
Flutter Entertainment (NYSE: FLUT) is off to a solid start with its previously announced $5 billion share repurchase program as the sport...
Bally's begins investment search for Chicago casino, resort
Bally’s Corporation is now seeking investment for a 25 per cent equity stake in its upcoming Chicago casino and resort project. Bally’s C...
Ontario Lottery and Gaming Corp. Holding Steady According to Market Share Stats
Last week, the Auditor General of Ontario issued a report applauding the Ontario Lottery and Gaming Corporation for the progress they’ve ...
Flutter Entertainment Refinances Loan, Cuts Interest Expenses
Flutter Entertainment (NYSE: FLUT) said it refinanced $3.885 billion of a term loan issued to the gaming company in November 2023.
The r...
Apollo Global Management joins S&P 500
(Bloomberg) -- Apollo Global Management Inc. has been added to the S&P 500 index in the latest quarterly weighting change, joining al...
AGEM Index increases 8.3 percent in November
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November 2024 The AGEM Index increased by 126.17 points to 1,644.36 in November 2024, an 8.3 percent i...
Loto-Québec is in an excellent position with $771.3M in net income
Montréal, December 4, 2024 — As expected at the end of the first quarter, Loto-Québec had an excellent second-quarter performance. Theref...
Blackstone to partially float Cirsa in Madrid IPO, eyes to raise up to $1.1 billion
U.S. private equity giant Blackstone plans to list shares of Cirsa, a Spanish gaming company, on the Madrid stock exchange in the first...
INTRALOT Group Announcement of Financial Results
INTRALOT Chairman Sokratis P. Kokkalis noted “INTRALOT’s performance for the 9-month period in 2024 has been impacted by seasonality effe...
IGT begins lotto pure play with pledge to halve net-debt
IGT Plc’s board announced to markets that, as of this morning, the NYSE technology group will operate exclusively as a lottery systems te...
Harry Sloan, one of the founders of the blank-check company that brought DraftKings (NASDAQ: DKNG) public, sold 250K shares of the gaming company.
Harry Sloan, one of the founders of the blank-check company that brought DraftKings (NASDAQ: DKNG) public, sold 250K shares of the gaming...