Officials have reminded gaming operators of their obligation to remain impartial during the election period. Key points: – Concessionaires and promoters instructed to uphold political neutrality – Campaign materials banned from all workplace areas, even during breaks – Staff transport for voting allowed, but must remain free of propaganda The Electoral Affairs Commission and the…
Melco Resorts & Entertainment is shifting its strategy. Key points: – Melco to focus on managing gaming operations rather than building new resorts – Shares have fallen 20.6% amid fallout from junket restrictions – Capital spending for 2025 set at $415m, with Macau remaining a priority Melco Resorts & Entertainment has announced a shift in…
The supplier conducted a webcast following an amended complaint filed by Aristocrat. Key points: Key points: – Light & Wonder has provided an update to its ongoing game design litigation case with Aristocrat – Light & Wonder has provided an update to its ongoing game design litigation case with Aristocrat – This action comes following…
The industry veteran steps into a key leadership role. Key points: – David Jacques named Vice President of Table Games Engineering at AGS – Jacques will lead product design, development and technical operations – He brings experience from Light & Wonder and DEQ Systems AGS has announced the appointment of David Jacques as VP of…
The company confirmed its full-year financial results. Key points: Key points: – Intralot announced a 3.4% year-on-year revenue increase, reaching €376.4m ($406.5m) for FY24 – The company’s adjusted EBITDA rose by 1.0%, reflecting its performance in North America Intralot has reported a 3.4% increase in consolidated revenue for the fiscal year ending 31 December 2024. Total…
The supplier highlighted expected revenue growth of 15% CAGR by 2027. Key points: Key points: – Sportradar has outlined a number of growth objectives as part of its Investor Day – Sportradar has outlined a number of growth objectives as part of its Investor Day – The supplier highlighted an expected CAGR of…
Liquidity concerns remain as the Salter Brothers deal falls through. Key Points: – Salter Brothers’ refinancing proposal, which could have provided a total debt capacity up to AU$940 million (US$592 million), has been withdrawn – Conditions over non-gaming asset security could not be met – The Star continues discussions with Bally’s on potential alternative The…
Both the Las Vegas Strip and the wider state of Nevada reported decreases in revenue. Key points: – Nevada revealed it generated $1.22bn in gaming revenue for the month of February – This was from 435 reporting licencees – The 56 licencees from the Las Vegas Strip area collected $690.3m in revenue The Nevada Gaming…
New iGaming tool added to Hard Rock Bet’s platform. Key points: Key points: –Games Global has introduced its Free Spins tool to Hard Rock Bet in New Jersey, marking the first US launch of the feature -The launch is part of Games Global’s expansion into North America, with more developments planned for 2025 The iGaming…
The former Evolution executive takes on a commercial role at the iGaming platform. Key points: – Björn Sjöberg has joined EveryMatrix as Chief Commercial Officer (CCO) of SlotMatrix – With over eight years of senior experience at Evolution Gaming, Sjöberg will focus on the commercial strategy of SlotMatrix, which includes the recently acquired Fantasma Games…
