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Golden Matrix Group unveils $39.4m in Q2 consolidated revenue

Listen To Article Supplier Golden Matrix Group has released its official financial results from the year’s second quarter, revealing a 75% yearly revenue increase to $39.4m.   Following the recent $300m acquisition of MeridianBet earlier this year, Golden Matrix’s group financial results for the second quarter of 2024 have been released. Alongside revenue, quarterly consolidated […]

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PH Resorts: net loss for H1 2024 and update on Emerald Bay

Listen To Article Philippines-listed PH Resorts has announced its revenue for H1 of 2024. The group reported a net loss of PHP494.3m (US$8.64m) for H1 2024; better results than 2023’s PHP1.08nn. The cause was mainly due to pre-development expenses, which resulted in a deficit of PHP7.32bn. The group’s current liabilities exceeded its current assets by PHP12.33bn and

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SkyCity provides update on refinancing and impairment of Adelaide assets

Listen To Article SkyCity Entertainment Group has recently updates regarding its financial situation. Firstly, SkyCity has finalised an agreement to extend its debt facilities of NZ$465m (US$281m) across 3, 4 and 7-year maturities through the United States Private Placement (USPP) program. SkyCity has also extended two tranches of debt set to expire in 2025 and

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Macau allows ‘Big 6’ to provide forex services in casinos

Listen To Article Macau’s ‘Big 6’ concessionaires are allowed to provide money exchange services in its casinos.  The statement was posted on Macau’s Official Gazette, under Chief Executive Order No. 137/2024 to 142/2024, in which the concessionaires were authorised “to carry out, at its own risk, the exchange trade in the places where games of

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Bloomberry Resorts acquires 1.9 million shares from parent company

Listen To Article Philippines’ Bloomberry Resorts & Hotels has purchased 1,940,000 shares worth around PHP2m ($35,392) from its parent company Bloomberry Resorts Corporation. The acquired shares would be presented as a reward to Solaire’s loyal patrons and also as part of Solaire’s marketing program. The above action was likely related to Bloomberry’s plans for annual

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Giedrius Vegele announced as new BetGames CTO

Listen To Article Provider BetGames has announced the appointment of its new Chief Technology Officer (CTO), Giedrius Vegele.   Following his new appointment, Vegele has moved on from his latest role as CTO at Metasite. During his tenure at the financial services and telecommunications organisation, he assisted in the company’s expansion in the financial sector

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Governor Newsom opposes two proposed tribal casino projects

Listen To Article California Governor Gavin Newsom has expressed opposition to two proposed tribal casino projects in a letter to the US Department of the Interior (DOI). The projects in question are the Shiloh Resort and Casino Project by the Koi Nation of Northern California in Sonoma County, and the Scotts Valley Casino and Tribal

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Swintt continues expansion in Europe with Betsson partnership

Listen To Article Swintt has teamed up with Betsson in a deal that will see it distribute its casino titles in Sweden, Malta, Germany, Latvia and more. SwinttGames and SwinttPremium releases will now be hosted at Betsson Group-powered online casinos. Both parties hope the deal will give Swintt significant expansion across Europe, with both companies

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