Company confirms $24.2m gross profit with 57% margin. Key points: Key points: – Golden Matrix Group reported Q1 2025 consolidated revenue of $42.7m (£34.2m), up 72% year-on-year – Golden Matrix Group reported Q1 2025 consolidated revenue of $42.7m (£34.2m), up 72% year-on-year – The company also eliminated over $19m in debt and expanded operations across…
Long-serving HR head to join the company Board in May. Key points: – Ms Lui joined the company in 1993 and has led HR and Administration since 2014 – She brings experience from both corporate and advisory roles across the region – Appointment takes effect on 9 May, with standard Board rotation provisions in place…
Leadership extension confirmed amid ongoing developments. Key points: Key points: – MGM Resorts International has signed a new employment agreement with CEO and President Bill Hornbuckle, extending his role until the end of 2028 – An advisory role has also been proposed for Hornbuckle following the contract term, focused on the company’s resort project in…
The new report aims to help industry stakeholders detect and mitigate financial crime risks. Key points: – The Isle of Man FIU has published typologies to help detect financial crimes in online gambling – Methods include laundering through gameplay, crypto transactions and collusive betting – Criminals may use complex corporate structures and licences to present…
The new card-blocking feature prevents payments to gambling operators and can be activated upon customer request. Key points: – Bank of Ireland now offers voluntary gambling blocks for debit card users, to be extended to credit cards – The initiative follows GRAI efforts to promote consumer protection and self-exclusion tools – Online gambling among 18–25-year-olds…
The two museums will showcase items such as the world’s oldest Spitfire plane and the last surviving landing craft tank from D-Day. Key points: – The Royal Air Force (RAF) Museum Midlands will receive £9.3m in grants to build new areas to put more items on display – The Royal Marines Experience in Portsmouth will…
Following Broadcom's acquisition of VMware, Sportingtech faced a 42% increase in licensing costs. Key points: – Continent 8 led Sportingtech’s migration from VMware to Nutanix, avoiding a 42% increase in virtualisation costs – The project was completed without service disruption and delivered on time Continent 8 Technologies has successfully led Sportingtech through a major virtualisation…
Penn Entertainment has released its first financial report of the fiscal year. Key points: – Revenue increased 4.1% to $1.67bn – Net income increased 197% to $111.5m – Adjusted EBITDA also grew 70.9% to $173.3m Penn Entertainment has published its Q1 report, for the period ending 31 March, 2025. Revenue increased by 4.1% year-on-year for…
The results for the international gaming company look promising, with JPY 43bn in revenue expected in FY2026. Key points: – Konami’s revenue from its Gaming & Systems division is up 7.4%, while operating profit is up 16.3% – The company’s Synkros CMS system has been installed across several North American land-based casinos – Konami described…
The scheme aims to train the next generation of iGaming professionals through direct mentorship under senior Kaizen Gaming leaders. Key points: – Kaizen Gaming has opened its latest initiative, The Playmakers: Commercial Talent Programme – The company will welcome candidates to work with them for 24 months, starting in the Kaizen Gaming HQ in Athens…
