Friday, February 23, 2024

Tag: Growth

Superbet acquires Napoleon Sports and Casino in Belgium

Superbet acquires Napoleon Sports and Casino Belgium
Superbet Group has agreed a deal to acquire Belgium’s Napoleon Sports and Casino. The betting and gaming group will purchase 100 percent of Napoleon shares from Waterland Private Equity Investments.

Genting Malaysia contributes heavily to group growth

Genting Singapore
The Genting Group has reported its first quarter revenue hit $1.3bn, a 10.1 percent rise on the same period last year. The increase comes despite net profit declining 9.8 percent, after one-off asset sales in Q117 added $97m to the figure for the period. In a statement to the Bursa stock exchange, the group added that the strong performance of subsidiary...

Currency depreciation hits Codere despite European growth

Codere has reported first quarter 2018 revenue of $458.4m, a 5.4 percent fall from $477.6m achieved during the same period last year. The Spanish casino and bingo operator attributed the drop in performance to a decline across Latin American operations. The figures were “driven by an adverse evolution of most local currencies and the US dollar versus the euro,” said a...

Positive signs for South Africa casinos

Casino Review South Africa Rossouw
An official report issued by the South African national gambling board has marked considerable casino growth year-on-year for 2016, highlighting the great gaming potential in the country.   Already standing as a strong market in the face of strict regulation, land based casinos have steadily posted positive results and been a catalyst for continued commercial investment. The latest figures from the gambling...

Scientific Games reports a year of growth, progress and innovation

Casino Review - Scientific Games Growth Progress 2016 results nyx
Scientific Games announces its Q4 results for 2016 with the company’s CEO highlighting key areas of growth and progress.   Scientific Games Corporation has confirmed its results for Q4 2016 showing a 2 percent increase in revenue year-on-year to $752.2 million. In addition, the Company announced the completion of financing transactions which will result in an approximate $30 million reduction in annualized...