Finances

November in Perspective November’s GGR is one of the lower monthly numbers for 2023, with only June and September reporting lower numbers of MOP 17.7 billion and...

Shareholders to Vote on Revised Remuneration Plan Playtech’s General Meeting, scheduled for December 19 in London, will include a vote on its contentious remuneration policy. The proposal outlines over €100...

Evaluating Betting Turnover The BHA's initiatives included introducing a "protected window" on Saturdays, aiming to optimize betting turnover. According to the report, Saturdays with three fixtures staged between 2 p.m....

Revenue Growth Across Key Markets Codere Online recorded net gaming revenue of €51.7 million ($54.6 million) in Q3 2024, a significant 20% year-on-year increase. Mexico and Spain emerged as pivotal...

Regulatory Concerns and Player Losses The GCB’s investigation into BC.Game stems from the bankruptcy of its parent company, Small House BV, and allegations of regulatory non-compliance. Small House BV reportedly...

A Path to Stability The recapitalization process, initiated in June, involved securing €60 million in new financing to support Codere’s business strategy and solidify its financial position. The company’s net consolidated...

Unlicensed Operators Penalized The ministry identified 13 unlicensed online gambling operators for committing "very serious infringements" of Spain's gambling laws. These companies, including Interactive Pro, Stars Cream, Loveca Sino, and...

Online Casino Emerges as the Standout Performer Online casino revenue surged 48.3% in Q3, reaching €92.7 million, marking it as the fastest-growing segment for OPAP. This performance builds on consistent...

Leadership Change Signals New Direction Catena Media has announced the appointment of Stephen Taylor-Matthews as a non-executive director, succeeding Øystein Engebretsen, who held the role since September 2018. Based in London,...

Special Committee’s Strategic Review In March, Bragg Gaming established a special committee to explore potential partnerships, acquisitions, and other strategic alternatives aimed at bolstering its market position and shareholder value....

Electronic Gaming Emerges as Leading Growth Driver The electronic gaming sector led the revenue spike in Q3, reporting Php35.71 billion, a remarkable 464.38% increase from last year’s Php6.32 billion. PAGCOR Chairman...

Q3 Revenue Sees Modest Decline Across Most Sectors The total turnover for licensed gambling companies in Sweden reached SEK 6.66 billion ($0.61 billion) in Q3 2024, marking a 1.2% decline...