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Sportradar profit expands significantly in 3Q24, with strong results across all segments

Global sports technology company Sportradar has further raised its FY24 outlook after seeing a significant increase in profits, driven by strong revenue and adjusted EBITDA rises in the third quarter.

Light & Wonder signs 7-year Platform as a Service deal with SkyCity

Gaming equipment and services provider Light & Wonder has inked a seven-year Platform as a Service (PaaS) systems deal with New Zealand and Australia gaming operator SkyCIty to ‘transform its casino floor and enhance player experience’.

Entain appoints Dafne Guisard as new Chief Operations Officer, effective January

Global sports betting and gaming group Entain has announced the appointment of Dafne Guisard as Chief Operations Officer, effective from January 13th, 2025.

Jumbo Interactive sees lottery revenue fall on ‘subdued jackpot environment’

Australia-based Jumbo Interactive has announced a revenue drop of 8.1 percent during the four months to October 31st, ‘mainly due to the subdued jackpot environment’.

Belle Corp sees gaming share from CoD Manila contract but leasing revenue increase

Belle Corp, the Philippine-listed parent company of Premium Leisure Corp (PLC) saw a 17 percent contraction in its share of gaming revenue from City of Dreams Manila during the first nine months of the year.

Genting Singapore reports sharp decline in net profit for 3Q24, citing slow recovery

Genting Singapore, the operator of Resorts World Sentosa (RWS) in Singapore, reported a net profit after tax of $59.8 million for the third quarter of FY2024, ending September 30th.

Macau predicts 400k visitors during four-day Grand Prix

Macau's tourism authorities predict that the four-day Macau Grand Prix will attract over 400,000 visitor arrivals, with hotel occupancy rates expected to exceed 90 percent during the event.

Delta Corp sees 24.4% Y-o-Y drop in revenue during 3Q24

Indian casino operator Delta Corp has experienced a sharp decline in revenue and net profits during the third quarter of 2024 compared to the same period last year, primarily due to a slowdown in gaming operations.

Casinos a significant boost for Thailand’s tourism – Agoda CEO

Thailand's steps towards legalizing gambling will greatly enhance foreign tourist arrivals, according to Omri Morgenshtern, CEO of Agoda, an Asia-focused online travel agency.

Macau operators and authorities strategize on new Law on Illegal Gambling

The Judiciary Police convened with the Gaming Inspection and Coordination Bureau (DICJ) and representatives from the six Macau gaming operators to discuss the implementation of the new "Law on Illegal Gambling Activities," aimed at comprehensively addressing gambling-related criminal activities.