Finances
Star Entertainment Reports Q1 Loss Amid Premium Player Downturn
The detailed trading update, which was released on April 12, highlighted a worrying decline across Star Entertainment's key properties.
Quarterly Financial Overview
The Star Sydney witnessed a 19.3% drop in revenue...
BlueBet and Betr Merger Spurs Market Excitement
A surge in BlueBet's shares, as reported by the Australian Financial Review, underscores the market's optimistic outlook on this strategic alliance. With the deal nearing closure, industry observers are...
Spain’s Tax Authority Intensifies Focus on Online Gambling Winnings
This adjustment mandates Spanish consumers to report any earnings from online gambling activities within their 2023 self-assessment income tax filings, as highlighted in recent media disclosures.
Rivalry Corp Announces Strong Performance and Strategic Growth in 2023
These results highlight the company's robust growth trajectory and diversified expansion across various segments.
Diversification and Growth
Steven Salz, the Co-Founder and CEO of Rivalry, emphasized the company's dynamic expansion over...
Navigating the High Stakes: The 2024 Outlook for Gambling Industry Investments
The State of Play
Gambling has transcended its recreational roots to emerge as a formidable industry, boasting thousands of online casino platforms, a plethora of software developers, and a myriad...
Dutch Gambling Market Achieves Milestone with Over a Million Active Accounts
The KSA's sixth monitoring report of the Dutch online gambling market unveiled a 28% increase in GGR, reaching €1.39 billion by the end of December 2023. This growth, however,...
Kangwon Land Casino Sets the Stage for a $1.9 Billion Expansion to Boost Global Competitiveness
Expanding the Gaming Experience
The centerpiece of this expansion is the dramatic increase in the gaming space, which will grow to an impressive 532,814 square feet. This expansion is designed...
UK Gambling Commission Levies Fines on Bet365 for Compliance Failures
The fines, totaling £582,120 ($738,035), were imposed after a thorough assessment revealed critical lapses in bet365's operational practices, signaling a call for immediate remedial measures.
Breakdown of Penalties and Compliance...
Slovak Gambling Landscape: Insights and Implications from 2023 Data
The figures revealed are staggering, with Slovakians wagering a total of €21.36 billion ($22.63 billion) throughout the year, highlighting the immense scale and impact of gambling in the nation.
A...
Gaming Realms Reports Record Revenue and EBITDA Growth in Annual Results
2023 Financial Highlights:
Revenue Growth: Gaming Realms reported a 26% increase in revenue, reaching £23.4m, up from £18.7m in 2022.
Licensing revenue saw a 33% increase to £19.9m, compared...