Posts From: April 2019

MGM Resorts misses first-quarter earnings estimates

MGM Resorts International on Monday reported first-quarter profit of $31.3 million. On a per-share basis, the Las Vegas-based company said it had profit of 5 cents. Earnings, adjusted for non-recurring...

Business News
Casumo launches into Denmark

Casumo has received its license to begin online casino operations in Denmark and has introduced its product to the market this month. The operator will soon launch a unique media...

Business News
PointsBet secures support for IPO

PointsBet is asking potential investors to value the company at up to 8.35-times historical revenue for its $200 million-plus sharemarket listing. According to terms sent by stockbroker Bell Potter Securities...

Business News
Ganapati Group’s G8C Hosts Spectacular Evening in London

Ganapati Group company, GanaEight Coin Ltd (“G8C”), recently hosted a magnificent evening of food, drink and informative talks, at the iconic House of Commons in London’s Houses of Parliament. The...

Business News
RakeTech expands online sports listing services to Finland

Raketech, a leading online affiliate and content marketing company, continues to expand its offering of online sports TV listing platforms by acquiring Finland’s leading sports listing website TVmatsit. TVmatsit.com is...

Business News
Bet-at-home beats forecasts with digital growth

Gross betting and gaming revenue was EUR 37.2 million in the first quarter of 2019, hence 12.1% higher than in the comparable period of 2018 (Q1 2018: EUR 33.2 million)....

Business News
UKGC launches new National Strategy to Reduce Gambling Harms

The Gambling Commission has launched a new National Strategy to Reduce Gambling Harms, a three-year strategy which will drive and coordinate work to bring a lasting impact on reducing gambling...

Business News
Churchill Downs returns to revenue growth

Churchill Downs Inc. reported higher adjusted earnings for the first quarter, beating analysts’ estimates. The company’s revenue for the quarter rose to $265.4 million from $189.3 million. Net income for...

Business News
Evolution Gaming profits and revenue rise

Evolution has been off to a strong start in 2019, both in terms of growth and profitability. Revenues in the first quarter amounted to EUR 79.3 million, corresponding to an...

Business News
Digital Fuel Marketing Cements Their US Presence with Second Licence Application Acceptance in Pennsylvania

Wagering industry specialists, Digital Fuel Marketing, have cemented their position in the USA with the company now listed as authorised to operate in Pennsylvania. The acceptance in Pennsylvania is a...

Business News