Saturday, December 15, 2018

Improved annual results for Paddy Power Betfair

Online and retail sportsbetting and gaming operator Paddy Power Betfair released its preliminary financial results for 2017 yesterday showing that it experienced a 13%...

Novomatic AG reports record-breaking year

After announcing in January that it was proceeding with its $354.5 million plan to purchase a controlling stake in Ainsworth Game Technology Limited, giant...

AGEM Index reveals positive September results

The latest monthly investigation from the Association of Gaming Equipment Manufacturers (AGEM) into the stock performance of major listed casino equipment suppliers has reportedly...

Kangwon Land sees profit fall 30.3 percent in Q1

The only venue in South Korea where both locals and foreigners are allowed to gamble alongside each other, Kangwon Land Casino, has, for Q1...

Annual debt increases at Intralot SA despite revenue improvements

Global gaming operator and solutions innovator Intralot SA has released its financial results for the twelve months to the end of December showing that...

Advent International Corporation purchasing “significant” stake in Enjoy SA

In Chile, global private equity firm Advent International Corporation has announced that it has signed an agreement to spend up to $170 million in...

Codere reports improved first-half financial results

Last week saw Spanish gaming firm Codere release its financial results for the six months to the end of June showing that it had...

Genting Singapore reports extremely profitable second quarter

Asian casino operator Genting Singapore has released its second-quarter financial results showing that higher revenues along with lower sales costs helped to push its...

Macau records sizeable boost in October visitor numbers

Macau reportedly experienced a 7.9% increase year-on-year in the total number of October tourists to nearly 2.89 million despite earlier recording a 2% decline...

China bans ICO fundraising campaigns

The central bank of China has halted all Initial Coin Offering (ICO) campaigns, labeling them as illegal forms of fundraising, according to a Bloomberg report....
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