Public Gaming Industry
Finance
Casino stocks are taking a hit as consumers struggle with inflation and recession fears
KEY POINTS
Casino stocks have underperformed the S&P 500 as consumers grapple with inflation and recession concerns.
Derek Steven...
Allwyn identifies 'material weaknesses' in its financial reporting that could increase chances of fraud
The next operator of the National Lottery has identified 'material weaknesses' in its financial reporting that could increase chances of ...
Czech Republic.- The recently rebranded Allwyn International has reported strong growth in all markets and verticals for Q1 despite “weakened” consumer demand
The newly rebranded lottery giant saw revenue climb by 65 per cent year-on-year.
Czech Republic.- The recently rebranded Allwyn Internat...
NeoGames Completes Tender Offer of Aspire Global
99.31% of Shares Have Been Tendered Transaction Immediately Accretive to Earnings Before Taxes LUXEMBOURG, June 16, 2022 (GLOBE NEWSWIRE)...
Entain acquires leading online sports betting and gaming operator, BetCity
Entain plc (LON:ENT), the leading global sports betting, gaming and interactive entertainment group, has announced that it has agreed to ...
Jumbo Interactive closes acquisition of Stride Management
Lottery retailer Jumbo Interactive has completed its acquisition of Canada-based lottery management provider Stride Management.
Completi...
Allwyn SPAC merger faces slight delay in light of NYSE downturn
Dealmakers of Allwyn Group’s agreed SPAC merger with Cohn Robbins Holdings Corp (CRHC) have signalled that lottery conglomerate listing o...
Czech billionaire who won licence to run National Lottery sees his company's stock market listing delayed
The Czech billionaire in line to take over the National Lottery will have to wait an extra three months for a bumper payout after his com...
Rytenskild & Akhurst take leadership of demerged Tabcorp
Tabcorp Holdings has formally announced its new leadership team and boardroom restructure as the business expects to demerge The Lottery ...
Tabcorp shares slump 80% as spin-off Lottery Corp surges on ASX (Australia Stock Exchange) debut to become a $7B company
On the day of its ASX market debut on Tuesday, Tabcorp’s spin-off Lottery Corp became an AUD 10 billion ($7 billion) company, as investor...
Global Online Lottery Market Report 2022: Market to Reach $14.5 Billion by 2026 - Evolving Role of Cryptocurrency Encourages Market Uptake
DUBLIN, May 25, 2022 /PRNewswire/ -- The "Online Lottery - Global Market Trajectory & Analytics" report has been added to ResearchAnd...
Analysts Disappointed at rate of 2022 iGaming and Sports Betting Legalization
Total addressable market (TAM) is essential to internet casino and online sportsbook operators. The more bettors that have access to thes...
Flutter and Entain soar as Australia's Crown Resorts accepts £5bn takeover offer from private equity giant Blackstone
MARKET REPORT: Betting stocks Flutter and Entain soar as Australia's Crown Resorts accepts £5bn takeover offer from private equity giant ...
INTRALOT announces First Quarter 2022 Financial Results
CLICK HERE TO READ THE ENTIRE REPORT
“INTRALOT announces steady Revenue and EBITDA growth (+4.9%) in 1Q22”
INTRALOT Chairman & CEO...
Jackpocket Releases Q1 Report on State of Digital Lottery Play in U.S.
Jackpocket lottery app hits $30M in prize payouts this quarter alone, topping $130M in total winnings
NEW YORK, May 18, 2022 /PRNewswire...
Light & Wonder Reports First Quarter 2022 Results
Consolidated Revenue from Continuing Operations of $572 Million Up 26% Year-Over-Year
Closed Sale of Lottery Busines...
Caesars CEO expects online sports betting to deliver profit by 2023 end as company scales back marketing spend
2022-05-09
Caesars Entertainment’s CEO Tom Reeg expects the company’s digital gaming endeavors will become profitable by the end of fisc...
Increasing Popularity Of Crypto Casinos In The UK
The cryptocurrency movement is apparent. As a result of this development, crypto gambling is now a reality. And, in some ways, it’s under...
California dreaming for DraftKings, FanDuel and Barstool with sports betting teed up on the ballot
There is growing buzz in the sports betting sector about voters in California potentially approving a ballot measure in November sponsore...
Tabcorp shareholders approve demerger of The Lottery Corp from Tabcorp
Following the General Meeting and Scheme Meeting of Tabcorp Holdings Limited (Tabcorp) held on Thursday, Tabcorp announced that Tabcorp s...
Pollard Banknote Reports 1st Quarter Financial Results
WINNIPEG, MB, May 11, 2022 /PRNewswire/ - Pollard Banknote Limited (TSX: PBL) ("Pollard") today released its financial results for the th...
NeoGames Announces First Quarter 2022 Results
<NeoGames S.A.
– First Quarter Revenues and Share of NPI Revenues Interest total a record $22.4 million, up 3.8% year-over-year –
– ...
INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FIRST QUARTER 2022 RESULTS
Revenue up 4% compared to the prior year, or 7% at constant currency, to $1.1 billion, driven by significantly higher Global Gaming pro...
Danish gambling witnesses igaming and betting declines through Q1
Gross gaming revenue across Danish gambling has witnessed an increase across the first three months of the year, driven by its gaming mac...
MGM targets $607m takeover of LeoVegas to move igaming vision beyond US shores
The board of LeoVegas AB has ‘unanimously recommended’ to investors an SEK 61 (€5.90) cash-per-share takeover offer submitted by US casin...
Penn National Gaming ‘Presents an Opportunity.’ The Gambling and eSports Company Gets an Upgrade
Shares of Penn National Gaming were spiking Monday after the gambling and esports company received an upgrade from Morgan Stanley.
Morga...
Light & Wonder Name, Stock Ticker Changes Complete
Light & Wonder’s name change is legally official, and the slot machine manufacturer’s shares now trade under the ticker “LNW” on the ...
Mississippi Lottery generates $95M for state so far this fiscal year
JACKSON, Miss. (WLBT) - So far this year, the Mississippi Lottery has generated more than $95 million for the state.
Friday, the Mississ...
Light & Wonder to Report First Quarter 2022 Results on Tuesday, May 10, 2022
LAS VEGAS--(BUSINESS WIRE)--Apr. 18, 2022-- Scientific Games Corporation, doing business as Light & Wonder, (NASDAQ: SGMS) (“Light &a...
Availability of documents in preparation for the Combined General Meeting of La Française des Jeux (FDJ) on 26 April 2022
Boulogne-Billancourt (France), 18 March 2022 (6:00 p.m.)– The shareholders of La Française des Jeux are notified that an Ordi...