Evolution’s board on Monday recommended shareholders reject Candle Lake’s mandatory cash offer of SEK 695 per share. The offer values the live-dealer blackjack giant at about SEK 131.7 billion, roughly $13.8 billion. The SEK 695 price sits 5.7 percent below Evolution’s Aug. 12 closing price of SEK 737.2. Kenneth Dart’s vehicle already holds 30.02 percent … Read more
Online table games generated $47.4 million in July, down 2.2% from $48.5 million a year earlier. Online slots rose 12.41% to $199.2 million, lifting Pennsylvania’s online casino win to $249 million. Two casinos, Hollywood at Penn National and Valley Forge, produced 77% of online table revenue. Mount Airy Casino Resort quit internet gaming in July, … Read more
Entain’s online gaming revenue rose 9% at constant currency in the first half, against 4% for sports. The group’s sports margin ran 0.5 points below normal for the half before recovering in the second quarter. BetMGM’s second-quarter iGaming revenue hit $483 million, up 8%, while online sports revenue stayed flat at $228 million. Group underlying … Read more
Galaxy Gaming’s digital segment grew 11% to $3.1 million, against 6.2% growth to $5.5 million on land. Recurring revenue net of royalties hit a record $7.9 million, now 99% of the company’s total. Total revenue rose 5% to $7.9 million and adjusted EBITDA climbed 11% to $3.5 million. Three Card Poker, the family 21+3 grades … Read more
Betsson paid 64.5 million euros for the Canadian business, 51.25 million euros upfront and the rest deferred. Casino Days holds an Ontario registration, so its blackjack tables must disclose rules of play and payout information. Ontario’s regulator fined the Casino Days operator C$54,000 last year over a bonus demanding C$70,000 wagered in seven days. A … Read more
Online casino generated 72 percent of Rush Street Interactive’s record $393.8 million in second-quarter revenue. Rush Street applied for a CFTC exchange license but says it will not chase sports prediction markets. North American players averaged $320 in monthly revenue each, nearly six times the Latin American figure. Rush Street raised full-year revenue guidance to … Read more
LT Game launched the Surprise Bonus jackpot on Lucky 6 and Lucky 7 side bets at StarWorld Macau on July 28. The supplier calls it the first progressive jackpot tied to baccarat side bets on Macau’s live multi-game terminals. LT Game disclosed no jackpot odds, no meter contribution rate and no return figure for the … Read more
Blask tracks 807 live casino titles worldwide, and no blackjack game reaches the ten most distributed. Blackjack leads player share of interest in Spain and the Netherlands, and a roulette title tops Spain’s lobby. Blackjack runs near a 0.5% house edge under good rules, against 1.06% on baccarat’s Banker bet. A 6:5 payout on a … Read more
LAS VEGAS – Game studio Yggdrasil made its US casino debut on July 21, going live with Caesars Entertainment’s online casinos in New Jersey and Michigan and ending years of the supplier watching the regulated American market from the sidelines. A Supplier Arrives, One Slot At A Time The rollout put Yggdrasil content on three … Read more