Shareholders are claiming that, by reducing its number of seats up for election, this would also reduce the power they would have over the direction of the operator. Key points: – HG Vora is claiming Penn breached its fiduciary duties when it reduced the number of seats up for election from three to two –…
New licences marks development in formalising the gambling sector. Key points: Key points: – Ten bookmaker licences have been issued, with six operators already active – The Gambling Authority is focusing on responsible gambling measures and monitoring systems The Botswana Gambling Authority (GA) has issued ten bookmaker licences, marking a development in the regulation of…
The Global Gaming Awards Asia-Pacific are returning for their fourth edition next month. Following last month’s exclusive preview of the Executive of the Year category, we are now excited to unveil the full Shortlist across all 10 categories for this year’s edition of the Awards. The Global Gaming Awards Asia-Pacific continue to set the benchmark…
France's gambling market grows by 4.7% from 2023. Key points: – France’s gambling market generated €14bn ($15bn) in revenue for 2024, marking a 4.7% increase from 2023 – Online gambling sees a record €2.6bn GGR, driven by online sports betting which accounts for 43% of overall market growth In 2024, the French market, billed by…
This latest figure marks a 27.4% increase year-on-year. Key points: Key points: – The Philippine gaming market has generated a GGR figure of PHP 104.12bn for Q1 2025 – The Philippine gaming market has generated a GGR figure of PHP 104.12bn for Q1 2025 – This number, primarily driven by electronic gaming revenue for the…
Wynn's UAE Project on Al Marjan Island moves forward. Key points: Key points – Al Marjan Island construction hits the 47th floor, progressing toward its target opening date – Wynn Resorts CEO Billings calls it “the most compelling development opportunity in the industry” Wynn Resorts is making progress on its Wynn Al Marjan Island project,…
Revenue dropped by over €9m from Q1 2024. Key points: – Raketech has released its Q1 2025 results – Revenue fell from €19m to €9.8m year-on-year – Raketech is currently reviewing some of its non-core US assets due to their negative adjusted EBITDA impact Raketech has released its financial results for the first quarter of 2025. In total,…
Macau’s Gaming Inspection and Coordination Bureau appoints its first female director. Key points: Key points: – Ng Wai Han has been appointed as the new director of the Gaming Inspection and Coordination Bureau (DICJ) for a one-year term – This appointment makes Ng the first woman to lead the bureau in its history Ng Wai…
The German online lottery provider delivered strong revenue growth and a significant EBITDA uplift in Q1 despite lower jackpot activity. Key points: Key points: – Q1 2025 revenue rose 42% year-on-year to €51.1m – Q1 2025 revenue rose 42% year-on-year to €51.1m – EBITDA surged 89% to €17.7m; EBIT more than doubled to €15.6m –…
Lottomatica has recorded its highest-ever Q1 revenue, driven by continued growth in online gaming and strong performance across its sports betting operations. Key points: Key points: – Group revenue for Q1 2025 reached €585.7m, up 33% year-on-year – Group revenue for Q1 2025 reached €585.7m, up 33% year-on-year – Net profit rose 72% to €51.5m;…
