Operator News
US – Caesars delivers 11 per cent revenue lift in fourth quarter
With takeover talks dominating the build up to Caesars Entertainment’s fourth quarter results, the Las Vegas giant surprised many analysts with better than expected results. Caesars delivered an increase in fourth quarter net revenues of 11.3 per cent, or $214m to $2.12bn primarily due to the inclusion of the results of Centaur Holdings, which was bought during the third quarter. For the full year net revenues increased 72.4 per cent, ...
Singapore – Genting remains cautious in Singapore despite rise in revenues
Genting Singapore has reported a 15 per cent increase in revenue to S$664.8m for the three months to 31 December 2018, as Resort World Sentosa stole some ...
US – MGM President Bill Hornbuckle sees his role expanded to include COO
MGM Resorts International has announced changes to its leadership team and a streamlining of responsibilities to empower leaders to drive the company's ...
US – Massachusetts Gaming Commission votes to settle lawsuit with Wynn
The Massachusetts Gaming Commission (MGC) has voted to settle a lawsuit with Steve Wynn with an unanimous 5-0 vote to allow the MGC to conclude its Wynn ...
Australia – Star’s international VIP segment falls 49 per cent but domestic pulls through
Australian casino operator Star Entertainment saw spend from its foreign VIP players fall by 49 per cent at The Star casino in Sydney as China’s economy ...
Supplier News
US – Scientific Games’ losses widen in 2018 despite strong revenues
Scientific Games saw strong growth in its fourth quarter and the year as a whole but with operating costs keeping pace with revenue its losses widened during 2018. Fourth quarter revenue rose eight per cent to $885.7m, up from $823m in the year ago period, reflecting $51.7m in revenue from NYX, along with growth in the lottery and social businesses. Revenue for the year increased by nine per cent, or $279.6m, year over year to $3,363.2m but net loss was $352.4m ...
Peru – Merkur records best ever year in Peru
The 2018 business year was the most successful ever for Merkur Gaming Peru. A significant milestone was reached last year as Merkur Gaming Peru could count 3,760 machines on Peru’s slot floors. From the country’s 731 licensed gaming halls Merkur Gaming is installed and working in 85 per cent of those locations: an all-time record, at least so far. The company said: "Merkur ...
US – IGT extends deal to provide Instant Ticket to DC Lottery
IGT Global Solutions Corporation has signed a one-year extension agreement with the District of Columbia’s Office of Lottery and Charitable Games (DC Lottery) to continue providing instant tickets and related services through December 1, 2019. Under the agreement, IGT will continue to provide a comprehensive range of instant ticket services for the DC Lottery including game ...
Legislation
US – North Dakota takes steps towards sportsbetting
The North Dakota House of Representatives has approved a sports betting bill which will go before the state Senate along with an historic horse racing bill. The bill suggests a tax rate of 2.5 per cent on revenues more than $1.5m each ...
UK – UK Gambling Commission explores potential ban on credit cards
The Gambling Commission is inviting members of the public, gambling businesses and other stakeholders to provide their views on two key issues as part of its work to prevent gambling-related harms. The Commission is requesting views and data ...
US – Kentucky House Committee approves sports betting bill
Kentucky, a state with a long tradition of betting on horse races as well as a state-run lottery, has seen a bill passed to regulate sports betting in its ...
UK – UK Gambling Commission welcomes RGSB advice on new national strategy
The Gambling Commission has welcomed advice from the Responsible Gambling Strategy Board on the new National Strategy to reduce gambling harms which is to ...
Interactive
Malta – iSoftBet inks GiG content deal
iSoftBet has signed an agreement with operator Gaming Innovation Group (GiG) to offer its complete games portfolio across the operator’s multiple brands. Included in the deal is the supplier’s cutting-edge Game Aggregation Platform (GAP) to further power GiG’s casino offering. The partnership will see GiG integrate iSoftBet’s full portfolio of proprietary and branded slots and table games, including best performing titles such as Crystal Clans and The Dalai Panda. In ...
UK – Nolimit City pens deal with Casumo
Marking another milestone for the Malta based software provider, Nolimit City have reached a partnership deal with the trendsetting casino innovator, Casumo. A deal between the two was inked in January following a long viewed mutual interest in ...
UK – SBTech integrates Blueprint’s games onto its platform
Blueprint Gaming has further expanded its global reach after integrating its portfolio of games with sports betting solutions specialists SBTech. As part of this new partnership, SBTech’s fast-growing operator network will now have access to ...
Colombia – Over 1.9m online players have registered in Colombia
Colombian gaming regulator Coljuegos has reported a record collection of revenue from online gaming licensing and exploitation rights during 2018. Operator ...
US – Aristocrat enhances Oasis 360 by buying digital assets and IP from SIC Innovations
Aristocrat has purchased the source code and IP of SIC Innovations as it relates to the casino mobile technology known as PlayerMax. The result of the ...
