Operator News
UK – Newly formed Metropolitan Gaming buys Caesars UK and Africa assets
Metropolitan Gaming has completed its acquisition of the European and African casino businesses of Caesars Entertainment. With the completion of the transaction on July 16 2021, Metropolitan Gaming, an investment company wholly owned by Silver Point Capital (Silver Point) and its affiliates, today owns and operates casinos in 11 locations ...
Interactive
Australia – Scientific buys Australian online slot developer Lightning Box
Scientific Games has bought content studio Lightning Box as the company continues to execute on its vision to become a leading, cross-platform ...
Sports betting
US – Penn National buys Score Media and Gaming for US$2bn
Penn National Gaming is buying the Score Media and Gaming for US$2bn in cash and stock as the company looks to develop and own its own sports ...
Supplier news
US – Cashless and higher slot sales drive record quarter for Everi
Everi Holdings reported record financial results for the second quarter ended June 30, 2021 'reflecting continued strength in casino patron ...
Operator News
US – Caesars sets new records in quarterly EBIDTA as Las Vegas occupancy improves
With a ‘dramatic improvement’ in Las Vegas, Caesars Entertainment saw its revenue boom by more than $700m to $2.5bn in its second quarter, a setting new records in quarterly adjusted EBITDA along the way. Net income came in at $71m compared to a net loss of $100m for the comparable prior-year period with the company posting ‘all-time records in quarterly Adjusted EBITDA and Adjusted EBITDA margin.’ Tom Reeg, Chief Executive Officer of Caesars Entertainment, said: ...
UK – Gambling Commission delays UK’s fourth National Lottery licence competition
The Gambling Commission has extended the timeline for Phase Two of the Fourth National Lottery licence competition, following representations from applicants and experience from Phase One. The amended timeline will see four weeks added to the ...
China – MGM narrows loss in Macau as revenues double year-on-year
MGM China said that 'Macau continued to see a choppy business environment during the [first half of the year] under the COVID-19 pandemic' but that MGM China recorded total revenue of approximately HK$4.7bn, nearly double from HK$2.4bn same ...
US – MGM Resorts announces transformational agreements with VICI and MGM Growth Properties
MGM Resorts International has announced it has entered into a definitive agreement with VICI Properties and MGM Growth Properties LLC whereby VICI would redeem a majority of MGP operating partnership units held by MGM Resorts for $43 per unit, ...
Interactive
Armenia – BetConstruct adds Express Roulette to its live casino
BetConstruct has added Express Roulette to its collection of Live Casino Games. The object is the same as in the well-known standard roulette, which is to accurately predict where the ball is about to land. BetConstruct introduces a new twist to its express version - two roulettes working simultaneously enabling operators to accept double ...
Sweden – Paf buys Speedy and Speedy Originals from Hero Gaming
Åland gaming company Paf has bought the Swedish licensed online gaming brands Speedy and Speedy Originals from Hero Gaming. The Swedish gaming company ...
Finland – Esports Entertainment Group launches new pay-and-play casino brand
Esports Entertainment Group has announced the upcoming launch of Fiksukasino.com, a "pay-and-play" online casino brand targeting the Finnish gaming ...
Australia – Scientific buys Australian online slot developer Lightning Box
Scientific Games has bought content studio Lightning Box as the company continues to execute on its vision to become a leading, cross-platform global game ...
Armenia – Digitain agrees joint marketing referral deal with AstroPay
Digitain has agreed a joint marketing referral deal with global payment solutions provider, AstroPay. Digitain’s partners will subsequently be able to ...
Sports Betting
US – Penn National buys Score Media and Gaming for US$2bn
Penn National Gaming is buying the Score Media and Gaming for US$2bn in cash and stock as the company looks to develop and own its own sports betting platform. Jay Snowden, President and Chief Executive Officer of Penn National, said: “We are thrilled to be acquiring theScore, which is the number one sports app in Canada and the third most popular sports app in all of North America. theScore’s unique media platform and modern, state-of-the art technology is a powerful ...
Canada – BCLC chooses Genius Sports as official data provider to power sports betting products
Genius Sports, the official data, technology and commercial partner powering the ecosystem connecting sports, betting and media, has secured a multi-year agreement with the British Columbia Lottery Corporation (BCLC), to support its sportsbook ...
Austria – Austrian Tennis Association partners with Sportradar Integrity Services
The Austrian Tennis Association has signed a two-year agreement with Sportradar Integrity Services for the monitoring of the Energie Burgenland ÖTV State Championships. Under the agreement, Sportradar Integrity Services will draw upon their ...
France – FDJ reports good momentum in first quarter with sports betting up 25 per cent
French betting operator Française des Jeux (FDJ), the operator of France's national lottery games, reported good momentum in its first quarter despite restrictions linked to the health crisis -with an increase in revenue of nearly nine per cent ...
Supplier News
US – Cashless and higher slot sales drive record quarter for Everi
Everi Holdings reported record financial results for the second quarter ended June 30, 2021 'reflecting continued strength in casino patron demand, while still reflecting an ongoing, but reduced, impact of the COVID-19 pandemic.' Because second quarter 2020 financial results were severely impacted by casino closures related to the COVID-19 ...
US – Galaxy Gaming buys High Variance Games portfolio
Galaxy Gaming, an independent developer and distributor of casino table games and technology, has bought the rights to the game portfolio of High Variance ...
US – Exacta and Konami agree to historical horse racing deal
Exacta Systems has signed an agreement with Las Vegas-based gaming equipment supplier Konami Gaming to bring Konami's game content, featured on Exacta's ...
UK – TruNarrative celebrate three year anniversary of financial crime and decisioning platform with rebrand
Leeds based RegTech firm, TruNarrative, are celebrating the third anniversary of its platform which changes the way businesses onboard their customers, ...
US – Everi completes $1bn debt refinancing
Everi Holdings has successfully completed the refinancing of its outstanding debt, including closing a seven-year $600m senior secured term loan due 2028 ...
Legislation
