Entain plc hires Jette Nygaard-Andersen as its new CEO, while issuing Q4 update showing online surge more than offsetting retail decline.
Unibet bucks trends by posting poker gains; Kambi operator turnover soars
Unibet reports all-time revenue record in Q2 as poker vertical breaks losing streak; Kambi Sports Solutions operator turnover rises 38%.
Gamblers are from Mars, social casino gamers are from Venus
A new Australian study says social casino gaming is harmless for the majority of users and could offer problem gamblers a safer alternative.
Caesars posts best margins since 2007, buys some time on creditor lawsuits
Caesars Ent turned a profit in Q2 if you ignore the whole bankruptcy thing; district judge to consider request to freeze creditor lawsuits.
Caesars Interactive Entertainment has record quarter on social, mobile gains
Caesars Interactive Entertainment reports significant gains in social and mobile gaming divisions while real-money online gambling stalls.
Thinning ranks of Macau casino junket operators look elsewhere for profits
Macau junket operator ranks down 30% from 2013 peak; IKGH turnover down 72%; Jimei Group H1 profit largely due to international operations,.
MGM Resorts plays coy with REIT plans, says Mirage “not on the market”
MGM Resorts profit falls 11% in Q2 while launching plan to boost profit by $300m; MGM plays coy on REIT plans but says Mirage not for sale.
ASF Consortium’s scaled-back Gold Coast casino gets government go-ahead
Queensland gov't gives China's ASF Consortium go-ahead to plan $2b casino on state land in Gold Coast after scrapping cruise terminal plan.
Caesars will let creditors control REIT but only if junior creditor lawsuits fail
Caesars Ent will let first-lien creditors control its proposed REIT but plan won't mean squat if junior creditor lawsuits succeed.