Gambling in the USA
Red Rock Resorts Announces Fourth Quarter and Year End 2018 Results
Red Rock Resorts, Inc. reported financial results for the fourth quarter and year ended December 31, 2018. The Company adopted FASB’s new revenue recognition standard (“ASC 606”), effective January 1, 2018. Certain prior period amounts have been adjusted to reflect the full retrospective adoption of ASC 606, with no material impact on operating income, net income or Adjusted EBITDA(1).
Net revenues were $431.5 million for the fourth quarter of 2018, an increase of 7.8%, or $31.2 million, from $400.3 million for the same period of 2017. The increase in net revenues was primarily due to an increase in Las Vegas operations, partially offset by a decrease in Native American management fees due to the expiration of the Gun Lake management agreement in February of 2018.
Net income was $13.2 million for the fourth quarter of 2018, a decrease of 71.3%, or $32.8 million, from $46.0 million for the same period of 2017. The decrease in net income was primarily due to an after-tax decrease in the fair value of derivative instruments of $23.9 million. These results also reflect an out-of-period, one-time, non-cash adjustment related to a lease obligation regarding our corporate office building that increased interest expense by $9.3 million and decreased net income by $8.6 million.
Adjusted EBITDA was $135.1 million for the fourth quarter of 2018, an increase of 10.1%, or $12.4 million, from $122.7 million in the same period of 2017. The increase in Adjusted EBITDA was primarily due to an increase in Las Vegas operations, partially offset by a decrease in Native American management fees due to the Gun Lake expiration.
For the full year, net revenues were $1.68 billion in 2018, an increase of 2.4%, or $38.9 million, from $1.64 billion for the same period of 2017. The increase in net revenues was primarily due to a $69.6 million increase in Las Vegas operations, partially offset by a $31.0 million decrease in Native American operations due to the Gun Lake expiration.
For the full year, net income was $219.5 million in 2018, compared to $63.5 million for the same period of 2017. The increase in net income was primarily due to a gain associated with the extinguishment of tax receivable liabilities, as well as a prior year loss associated with the acquisition of the leases at Boulder Station and Texas Station.
For the full year, Adjusted EBITDA was $509.0 million in 2018, an increase of 2.4%, or $11.7 million, from $497.2 million in 2017, primarily due to a $23.7 million increase in Las Vegas operations, partially offset by a $15.1 million decrease in Native American operations due to the Gun Lake expiration.
Las Vegas Operations
Net revenues from Las Vegas operations were $409.5 million for the fourth quarter of 2018, an increase of 10.4%, or $38.5 million, from $371.0 million in the same period of 2017. Adjusted EBITDA from Las Vegas operations was $121.0 million for the fourth quarter of 2018, an increase of 14.4%, or $15.2 million, from $105.8 million in the same period of 2017.
Native American Management
Adjusted EBITDA from Native American operations was $19.1 million for the fourth quarter of 2018, a 22.1% decrease from $24.5 million in the same period of 2017. The decrease was primarily due to the Gun Lake expiration, partially offset by increased management fees generated under the Graton Resort management agreement.
Palace Station and Palms Redevelopment Update
The Palace Station redevelopment project was completed on schedule and on budget with all aspects of the project open as of the end of 2018. As of December 31, 2018, the Company has incurred $188 million in costs against the budget of $191 million.
The Palms redevelopment project remains on schedule and the budget remains unchanged with the remaining components of phase two expected to be complete in the second quarter of 2019 and phase three expected to be complete in the third quarter of 2019. As of December 31, 2018, the Company has incurred approximately $430 million in costs against the $690 million project.
Balance Sheet Highlights
The Company’s cash and cash equivalents at December 31, 2018 were $114.6 million and total principal amount of debt outstanding at the end of the fourth quarter was $2.91 billion. The Company’s debt to Adjusted EBITDA and interest coverage ratios were 5.0x and 4.4x, respectively.
Quarterly Dividend
The Company’s Board of Directors has declared a cash dividend of $0.10 per Class A common share for the first quarter of 2019. The dividend will be payable on March 29, 2019 to all stockholders of record as of the close of business on March 14, 2019.
Prior to the payment of such dividend, Station Holdco LLC (“Station Holdco”) will make a cash distribution to all unit holders of record, including the Company, of $0.10 per unit for a total distribution of approximately $11.7 million, approximately $7.0 million of which is expected to be distributed to the Company and approximately $4.7 million of which is expected to be distributed to the other unit holders of record of Station Holdco.
Conference Call Information
The Company will host a conference call today at 4:30 p.m. Eastern Time to discuss its financial results. The conference call will consist of prepared remarks from the Company and include a question and answer session. Those interested in participating in the call should dial (888) 317-6003, or (412) 317-6061 for international callers, approximately 15 minutes before the call start time. Please use the passcode: 4563756. A replay of the call will be available from today through February 20, 2019 at www.redrockresorts.com.
Presentation of Financial Information
(1) Adjusted EBITDA is a non-GAAP measure that is presented solely as a supplemental disclosure. We believe that Adjusted EBITDA is a widely used measure of operating performance in our industry and is a principal basis for valuation of gaming companies. We believe that in addition to net income, Adjusted EBITDA is a useful financial performance measurement for assessing our operating performance because it provides information about the performance of our ongoing core operations excluding non-cash expenses, financing costs, and other non-operational or non-recurring items. Adjusted EBITDA includes net income plus depreciation and amortization, share-based compensation, write-downs and other charges, net, tax receivable agreement liability adjustment, related party lease termination, asset impairment, interest expense, net, loss on extinguishment/modification of debt, net, change in fair value of derivative instruments, provision for income tax and other, and excludes Adjusted EBITDA attributable to the noncontrolling interests of MPM.
Company Information and Forward Looking Statements
Red Rock Resorts owns a majority indirect equity interest in and manages Station Casinos LLC (“Station Casinos”). Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station Casinos’ properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Palms Casino Resort, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Santa Fe Station Hotel & Casino, Texas Station Gambling Hall & Hotel, Fiesta Rancho Casino Hotel, Fiesta Henderson Casino Hotel, Wildfire Rancho, Wildfire Boulder, Wild Wild West Gambling Hall & Hotel, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem and Wildfire Lake Mead. Station Casinos also owns a 50% interest in Barley’s Casino & Brewing Company, Wildfire Casino & Lanes and The Greens. In addition, Station Casinos is the manager of Graton Resort & Casino in northern California.
This press release contains certain forward-looking statements with respect to the Company and its subsidiaries which involve risks and uncertainties that cannot be predicted or quantified, and consequently, actual results may differ materially from those expressed or implied herein. Such risks and uncertainties include, but are not limited to the effects of the economy and business conditions on consumer spending and our business; competition, including the risk that new gaming licenses or gaming activities are approved; our substantial outstanding indebtedness and the effect of our significant debt service requirements; our ability to refinance our outstanding indebtedness and obtain necessary capital; the impact of extensive regulation; risks associated with changes to applicable gaming and tax laws; risks associated with development, construction and management of new projects or the redevelopment or expansion of existing facilities; and other risks described in the filings of the Company with the Securities and Exchange Commission. In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.
|
Red Rock Resorts, Inc. |
|||||||
|
Consolidated Statements of Income |
|||||||
|
(amounts in thousands, except per share data) |
|||||||
|
(unaudited) |
|||||||
|
Three Months Ended |
Year Ended |
||||||
|
2018 |
2017 |
2018 |
2017 |
||||
|
Operating revenues: |
|||||||
|
Casino |
$ 240,757 |
$ 221,763 |
$ 940,483 |
$ 886,206 |
|||
|
Food and beverage |
100,971 |
87,995 |
381,197 |
365,448 |
|||
|
Room |
42,169 |
39,640 |
170,824 |
179,041 |
|||
|
Other |
27,054 |
22,940 |
100,912 |
92,967 |
|||
|
Management fees |
20,520 |
27,972 |
87,614 |
118,477 |
|||
|
Net revenues |
431,471 |
400,310 |
1,681,030 |
1,642,139 |
|||
|
Operating costs and expenses: |
|||||||
|
Casino |
84,854 |
79,388 |
326,980 |
311,086 |
|||
|
Food and beverage |
87,892 |
78,406 |
340,212 |
326,069 |
|||
|
Room |
19,314 |
19,297 |
78,440 |
81,768 |
|||
|
Other |
14,320 |
10,074 |
48,431 |
40,332 |
|||
|
Selling, general and administrative |
92,952 |
92,215 |
390,492 |
380,930 |
|||
|
Depreciation and amortization |
46,864 |
43,496 |
180,255 |
178,217 |
|||
|
Write-downs and other charges, net |
13,580 |
3,653 |
34,650 |
29,584 |
|||
|
Tax receivable agreement liability adjustment |
(263) |
(139,070) |
(90,638) |
(139,300) |
|||
|
Related party lease termination |
— |
— |
— |
100,343 |
|||
|
Asset impairment |
— |
— |
— |
1,829 |
|||
|
359,513 |
187,459 |
1,308,822 |
1,310,858 |
||||
|
Operating income |
71,958 |
212,851 |
372,208 |
331,281 |
|||
|
Earnings from joint ventures |
579 |
390 |
2,185 |
1,632 |
|||
|
Operating income and earnings from joint ventures |
72,537 |
213,241 |
374,393 |
332,913 |
|||
|
Other (expense) income: |
|||||||
|
Interest expense, net |
(46,800) |
(31,315) |
(143,099) |
(131,442) |
|||
|
Loss on extinguishment/modification of debt, net |
— |
(13,355) |
— |
(16,907) |
|||
|
Change in fair value of derivative instruments |
(14,938) |
11,053 |
12,415 |
14,112 |
|||
|
Other |
(67) |
(99) |
(354) |
(357) |
|||
|
(61,805) |
(33,716) |
(131,038) |
(134,594) |
||||
|
Income before income tax |
10,732 |
179,525 |
243,355 |
198,319 |
|||
|
Benefit (provision) for income tax |
2,449 |
(133,556) |
(23,875) |
(134,786) |
|||
|
Net income |
13,181 |
45,969 |
219,480 |
63,533 |
|||
|
Less: net income attributable to noncontrolling interests |
4,235 |
16,497 |
61,939 |
28,110 |
|||
|
Net income attributable to Red Rock Resorts, Inc. |
$ 8,946 |
$ 29,472 |
$ 157,541 |
$ 35,423 |
|||
|
Earnings per common share: |
|||||||
|
Earnings per share of Class A common stock, basic |
$ 0.13 |
$ 0.43 |
$ 2.28 |
$ 0.53 |
|||
|
Earnings per share of Class A common stock, diluted |
$ 0.11 |
$ 0.35 |
$ 1.77 |
$ 0.42 |
|||
|
Weighted-average common shares outstanding: |
|||||||
|
Basic |
69,283 |
68,486 |
69,115 |
67,397 |
|||
|
Diluted |
116,414 |
116,274 |
116,859 |
115,930 |
|||
|
Dividends declared per common share |
$ 0.10 |
$ 0.10 |
$ 0.40 |
$ 0.40 |
|||
|
Red Rock Resorts, Inc. |
|||||||
|
Segment Information and Reconciliation of Net Income to Adjusted EBITDA |
|||||||
|
(amounts in thousands) |
|||||||
|
(unaudited) |
|||||||
|
Three Months Ended |
Year Ended |
||||||
|
2018 |
2017 |
2018 |
2017 |
||||
|
Net revenues |
|||||||
|
Las Vegas operations |
$ 409,483 |
$ 370,985 |
$ 1,588,003 |
$ 1,518,442 |
|||
|
Native American management |
20,365 |
27,842 |
87,009 |
117,968 |
|||
|
Reportable segment net revenues |
429,848 |
398,827 |
1,675,012 |
1,636,410 |
|||
|
Corporate and other |
1,623 |
1,483 |
6,018 |
5,729 |
|||
|
Net revenues |
$ 431,471 |
$ 400,310 |
$ 1,681,030 |
$ 1,642,139 |
|||
|
Net income |
$ 13,181 |
$ 45,969 |
$ 219,480 |
$ 63,533 |
|||
|
Adjustments |
|||||||
|
Depreciation and amortization |
46,864 |
43,496 |
180,255 |
178,217 |
|||
|
Share-based compensation |
2,417 |
2,195 |
11,289 |
7,922 |
|||
|
Write-downs and other charges, net |
13,580 |
3,653 |
34,650 |
29,584 |
|||
|
Tax receivable agreement liability adjustment |
(263) |
(139,070) |
(90,638) |
(139,300) |
|||
|
Related party lease termination |
— |
— |
— |
100,343 |
|||
|
Asset impairment |
— |
— |
— |
1,829 |
|||
|
Interest expense, net |
46,800 |
31,315 |
143,099 |
131,442 |
|||
|
Loss on extinguishment/modification of debt, net |
— |
13,355 |
— |
16,907 |
|||
|
Change in fair value of derivative instruments |
14,938 |
(11,053) |
(12,415) |
(14,112) |
|||
|
Adjusted EBITDA attributable to MPM noncontrolling interest |
— |
(1,780) |
(962) |
(15,262) |
|||
|
(Benefit) provision for income tax |
(2,449) |
133,556 |
23,875 |
134,786 |
|||
|
Other |
67 |
1,099 |
329 |
1,357 |
|||
|
Adjusted EBITDA |
$ 135,135 |
$ 122,735 |
$ 508,962 |
$ 497,246 |
|||
|
Adjusted EBITDA |
|||||||
|
Las Vegas operations |
$ 120,971 |
$ 105,790 |
$ 457,379 |
$ 433,640 |
|||
|
Native American management |
19,124 |
24,548 |
80,795 |
95,897 |
|||
|
Reportable segment Adjusted EBITDA |
140,095 |
130,338 |
538,174 |
529,537 |
|||
|
Corporate and other |
(4,960) |
(7,603) |
(29,212) |
(32,291) |
|||
|
Adjusted EBITDA |
$ 135,135 |
$ 122,735 |
$ 508,962 |
$ 497,246 |
|||
Source: Red Rock Resorts, Inc.
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
PENN Entertainment and ESPN announced that account linking between ESPN BET and ESPN is now available for customers, creating an even more deeply integrated media and betting experience. By linking accounts, fans now have the ability to seamlessly track upcoming, live and settled bets within the ESPN app and on ESPN.com. With this product enhancement, ESPN BET will soon bring fans more personalised bets and timely promotions based on their favourite sports, teams, players and fantasy rosters.
Accel Entertainment Inc. has announced that it has completed the acquisition of 85% of the ownership interests of Toucan Gaming LLC and LSM Gaming LLC, two Louisiana-based route operators and owners of multiple licensed video poker establishments (collectively, “Toucan”), for approximately $40 million. The combined business will operate as Toucan Gaming throughout Louisiana and will be led by Stan Guidroz, an industry-leading gaming executive and current CEO of Toucan Gaming. Mr. Guidroz owns the remaining 15% of Toucan’s ownership interests and will lead the Accel team supporting Toucan’s continued growth.
INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT, its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalisation of the existing land-based network. The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.
BetMGM Poker has become the third US operator to offer multi-state online poker. The company has merged its player pools in Michigan and New Jersey. Both states are a part of the Multi-State Internet Gaming Agreement, which allows online poker networks to share liquidity and players in participating markets. The two-state network went live Wednesday afternoon after morning maintenance.
Betsson Group has celebrated its success at the SBC Awards Latinoamérica 2024, winning two prestigious awards: Sportsbook Operator of the Year and Leader of the Year, which was awarded to Kevin Saliba, Commercial Director (Business Development) for Latin America. This marks the second consecutive year Betsson has earned the Leader of the Year accolade, following Andrea Rossi’s win in 2023 – an achievement that underscores Betsson’s consistent leadership in the region.
Partnerships
Play’n GO has announced a new operator partnership with renowned gaming brand Hard Rock Digital for their top-rated Hard Rock Bet online casino platform in New Jersey. The Hard Rock brand is synonymous with entertainment worldwide, and this partnership will see Hard Rock Bet players in New Jersey gain access to hit Play’n GO titles such as Piggy Blitz, Book of Dead and Rise of Olympus 100.
SCCG Management, a global leader in gaming innovation and advisory, has announced a strategic partnership with Chata.AI, a technology provider specialising in self-service, proactive analytics that enables businesses to access real-time insights without requiring extensive technical expertise. This partnership introduces Chata.AI’s technology to the gaming industry, providing operators with powerful tools to streamline decision-making and increase operational efficiency.
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
Elray Resources Inc. has announced a significant milestone in the company’s growth strategy. The company has completed the sale of proprietary technology to 180 Life Sciences Corp. (NASDAQ:ATNF), a NASDAQ-listed company in exchange for preferred stock convertible into a 40% stake in ATNF and warrants to purchase 3 million shares of ATNF common stock, the conversion/exercise of which is subject to stockholder approval. The technology stack contained within Elray’s technology package will assist ATNF in launching an iGaming Blockchain casino.
PrizePicks, the largest daily fantasy sports operator in North America, has announced that it has been awarded Daily Fantasy Sports Operator Licenses in Delaware and Missouri. The company will launch Arena, its innovative peer-to-peer fantasy sports contest, in both states. With these new state launches, Arena will now be available in 15 states across the US.
The Pennsylvania Gaming Control Board (Board) unanimously voted to renew the Category 2 stand-alone casino license of Wind Creek Bethlehem LLC, operator of Wind Creek Bethlehem casino in Northampton County. In making the decision, the Board determined that Wind Creek Bethlehem LLC had fulfilled the obligations under its previously approved casino operator’s license and therefore qualified to have its license renewed for an additional five-year period.
Aristocrat announced that the company was the first international slot and online technology company to be granted a Gaming-Related Vendor license by The General Commercial Gaming Regulatory Authority (GCGRA), the federal entity overseeing commercial gaming activities in the United Arab Emirates (UAE). This announcement grants Aristocrat the ability to provide the company’s land-based electronic gaming machines (EGMs) and online games and technology solutions to commercial gaming operators licensed by the GCGRA.
Partnerships
SCCG Management, a leading global advisory and consulting firm in the gambling industry, has entered into a strategic partnership with Slot Machines Unlimited, a premier provider of refurbished slot machines and gaming equipment. The partnership between SCCG Management and Slot Machines Unlimited leverages both companies’ strengths: Slot Machines Unlimited’s expertise in refurbished gaming equipment and SCCG’s deep industry insight, global network and strategic growth capabilities. The collaboration will enhance Slot Machines Unlimited’s international sales and service operations, ensuring gaming establishments worldwide have access to high-quality slot machines and support.
Galaxy Gaming Inc. has announced that the Galaxy Operating System (GOS) is now live on over 50 ships worldwide with Carnival Corporation & PLC, the world’s largest leisure travel company. Since the installation, tables powered by GOS have awarded over $5 million in jackpot payouts to players. GOS is the jackpot progressive system for all Carnival Corporation ships, including Carnival Cruise Line, Holland America Line and Princess Cruises. Launched in 2024, GOS is the next-generation game management system developed by the industry’s leading table game experts.
The hottest new game from Aristocrat Gaming, Phoenix Link, is now live on casino floors, with Yaamava’ Resort & Casino being the first in North America to offer the highly-anticipated game. As the next evolution of the international hit game, Dragon Link, Phoenix Link features player-favourite mechanics from top games with all-new themes, features and bonuses.
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
Bally’s Interactive, the digital and sports betting division of Bally’s Corporation, announced the official launch of the Bally Bet Sportsbook app in Tennessee, marking its expansion into the tenth state. This milestone comes on the heels of recent successful Bally Bet launches in Massachusetts and Maryland. Sports enthusiasts across the Volunteer State can now revel in the comprehensive offerings of the Bally Bet sportsbook app. With a wide array of betting options, including spread, money line and total bets, as well as in-game betting and same game parlays, Tennessee sports fans will have an unparalleled wagering experience.
ESE Entertainment Inc., a gaming company that provides a range of services to leading video game developers and publishers, has announced that it has acquired Bombee Global Entertainment (Bombee Americas), the North American arm of Bombee Event Production AB, (Bombee), a global production company specialised in live production, special effects, broadcast and event management for the gaming sector. Bombee has successfully collaborated with ESE to bring its premier event production services and world class customer service to North America and beyond. The North American arm of Bombee, Bombee Americas, will continue to grow and scale in this new organisational structure under ESE, while maintaining its entire team and global support.
Matthew Wantman has become the overall champion of the PokerGO Tour PLO Series II presented by PLO Mastermind. Wantman secured the prestigious honor after an impressive showing at PokerGO Studio in Las Vegas, outperforming a talented field of the best PLO players in the world to earn the $10,000 PGT Passport bonus. The PGT PLO Series II featured a series of high-stakes pot-limit Omaha tournaments. Wantman’s consistent performance set him apart from the competition and solidified his spot atop the leaderboard.
Partnerships
SYNOT Games has announced its further expansion into the Colombian market through a partnership with BetPlay. This alliance highlights SYNOT Games’ commitment to increasing its presence in Latin America and providing its engaging and innovative games to a wider audience. Through this partnership, BetPlay’s online platform will feature a curated selection of SYNOTGames’ top-performing titles, including fan favourites like Aztec Jaguar, Diamond Fever, Realm of Lions.
Internet Sports International, a global provider of turnkey race and sportsbook software solutions, announced its partnership with the We-Ko-Pa Casino Resort in Fort McDowell, Arizona. Through this consultancy, ISI is powering the casino’s sportsbook and retail sports wagering operations on its gaming floor with its award-winning system. WKP Sportsbook is currently operating, allowing patrons to elevate their excitement by wagering on their preferred sporting events with up-to-the-minute odds and live action. The automated sportsbook kiosks provide access to a wide range of sports propositions for both the beginner and expert bettor.
Aristocrat Gaming, a leading designer, manufacturer and distributor of regulated slot games, announced it is now a promotional partner for Princess Cruises, one of the world’s most iconic cruise lines. Through this exciting collaboration, Aristocrat Gaming will design innovative gaming experiences for guests onboard Princess ships as well as create promotions with land-based casinos that offer Princess cruises as rewards.
Bacta pledge support for Safer Gambling Week as industry drives awareness campaign
SharpLink Gaming Announces Third Quarter 2024 Financial Results
Exploring the Strategic Benefits of Cashback Programs with Bojoko CEO Joonas Karhu
Week 46/2024 slot games releases
AGREEMENT BETWEEN ZITRO AND GRUPO OSGA TO PROMOTE THE LABOT INTEGRATION OF PEOPLE WITH DISABILITIES
EGT Digital’s iGaming platform X-Nave and successful titles to deliver high-quality experience to BetHub’s customers
THE UNIT SHAKES UP AMATEUR FOOTBALL WITH DRIBBLE
Mascots Xiyangyang and Lerongrong ready for China’s 15th National Games
IAG’s Andrew W Scott Announced as Latest Conference Chair for 2025 Regulating the Game Conference in Sydney
Veikkaus, Finland’s National Lottery Operator, Selects Optimove, the #1 CRM Marketing Solution for the iLottery and iGaming sector, as its CRM Marketing Solution
SmartSoft’s expertise and future vision for the African market
Amusnet Announces Partnership with Mojabet
BOOMING GAMES EXPANDS IN EAST AFRICA WITH MAYBETS LAUNCH
Promatic Games named Best Emerging iGaming Company at the European iGaming Excellence Awards 2024
SIS partners with leading operator 888AFRICA to provide live numbers draws
Slot Saturation – Q&A w/ Qianqian Liu, Senior Art Director at Gaming Corps
-
Cryptocurrency4 days agoKyrrex to host online panel discussion on MiCA and the future of crypto in Europe
-
Asia2 days ago
Hong Kong Construction Titan Turned Macau Casino Boss Lui Che-Woo Dies Aged 95
-
Australia4 days ago
Light & Wonder Signs Multi-year Systems Deal with SkyCity Entertainment
-
Asia4 days ago
Skillhub Online Games Federation Launches SOG Grandmasters Series, Targets Discovery of 1 Lakh Gaming Talents Nationwide
-
eSports4 days ago
Welcome to the World Esports Championship 2024!
-
Compliance Updates5 days ago
Turkish Football Federation to Penalise Clubs Promoting Illegal Betting
-
Latest News4 days ago
Altenar Betslip Boost feature gives extra winning power to the players
-
Africa3 days ago
SunBet Extends Online Betting Platform Contract with Bede Gaming Amid Record-Breaking Performance
