Tag: Gaming
Delaware finds Twelve months-on-Twelve months igaming and having a bet explain in February.
Delaware has posted a year-on-year increase in online gambling and sports betting revenue during February. Looking first to igaming, revenue in February hit $3.9m (£3.1m/€3.6m). This was up 254.6% from $1.1m in Delaware last year and, interestingly, 14.7% ahead of January’s $3.4m total. Video lottery games accounted for $2.8m of all revenue, with online table games at
EGBA lauds EU’s proposed introduction of digital identification.
The European Gaming and Betting Association (EGBA) has welcomed the European Parliament’s approval of introducing a standardised electronic identification method called a “European Digital Identity” (e-ID). The EGBA-endorsed move would oblige states in the European Union (EU) to issue an e-ID to citizens. This would allow them to authenticate their identity for online services. e-IDs
IGT to merge Global Gaming and PlayDigital companies with Everi.
International Game Technology (IGT) will merge its Global Gaming and PlayDigital businesses with Everi to create a “comprehensive and diverse” global enterprise. IGT will spin off its Global Gaming and PlayDigital businesses, which will then combine with Everi. Under the agreement, IGT shareholders are expected to own around 54% of shares in the combined business.
Detroit casino revenue down 8.8% 365 days-on-365 days.
Detroit, Michigan’s three casinos recorded $94.4m (£75.2m/ €88.0m) in revenue for January. This marked a dip of 8.8% from January 2023. In total, $93.9m came from table games and slots, while $500,221 was generated by retail sports betting. The overall revenue also fell month-on-month, trickling down by 18.8% from Detroit’s December report. In terms of
Speak finds Indiana igaming income would possibly perchance perchance well well exceed $2bn interior three years.
An updated report has found that Indiana could generate as much as $2.1bn (£1.7bn/€1.9bn) in igaming revenue over the first three years after legalisation. The updated report, commissioned by the Indiana Gaming Commission and conducted by Spectrum Group, estimated the first three years could bring in between $1.9bn and $2.1bn of revenue. This is a
Curaçao Gaming Administration Board names Cedric Pietersz as CEO.
The Supervisory Board of the Curaçao Gaming Control Board (GCB) has named Cedric Pietersz as its new chief executive officer. Pietersz will take on his new role from 1 February 2024. As CEO , Pietersz will be charged with monitoring all current licensing activity that takes place under the current law, the National Ordinance on
Fitch improves SJM Holdings outlook to “valid” amid Macau success.
Fitch Ratings has altered its outlook on SJM Holdings from “negative” to “stable”, expecting the company to turn free cash flow (FCF) positive in 2024. The positive FCF should help SJM to expand, while also “driving a reduction in debt balance”. Fitch is projecting SJM to reach HK$6.6bn (£664.5m/€770.9m/US$845.3m) in EBITDA by 2026. The agency