Economy/Finance

Aristocrat Shifts Focus to Real-Money Gaming with $820M Sale of Plarium

Johnny K.
Australia, Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Oceania Casino News
Australian gaming leader Aristocrat Leisure Limited has finalized the sale of its mobile game development subsidiary, Plarium Global, to Modern Times Group (MTG) in a deal valued at up to $820 million. This tra...

New York State Sports Betting Hits Record $2.3 Billion in October

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New York
In October 2024, New York State notched a historic milestone in sports betting, recording an unprecedented handle of $2.3 billion. This figure surpasses the previous high of $2.11 billion set in November 2023, ...

PENN Entertainment Reports Promising Q3 Results Amid Expansion and Innovation Plans

Johnny K.
Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Fantasy Sports, Financial Press Releases
PENN Entertainment, Inc. recently released its financial results for the third quarter of 2024, showing steady revenue in both its retail and interactive segments despite challenges. Chief Executive Officer Jay...

Wynn Resorts Sees Improved Q3 Results with Macau Performance Leading Growth

Johnny K.
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
Wynn Resorts has posted improved financial results for the third quarter, largely attributed to significant revenue growth in its Macau operations. The Las Vegas-based gaming company reported a reduced net loss...

Rush Street Interactive Reports Robust Growth in Q3 2024

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Rush Street Interactive, Inc. (RSI), a frontrunner in the online casino and sports betting industry across the Americas, disclosed its financial results for the third quarter ending September 30, 2024. The comp...