Quick Custom Intelligence announced Wednesday that David Jacques Farahi has been named Executive Chairman of the company, a position that will see Farahi focus on financial matters, working with key clients, product development, sales, and developing initiatives to expand the brand into new verticals. Farahi commented about his new role in the company in an official press release issued by QCI and said: “In my time as an advisory board member at Quick Custom Intelligence, I have had the opportunity to not only interact with the revolutionary and award-winning team, but hear from and support our dozens of clients.” “It…
Author: OnlineGamblingDaily
As reported by the Maryland State Lottery and Gaming Control Agency, the state’s six casinos saw a total of $171 million in gaming revenue in April, up 5.3% from a year earlier and surpassing March, becoming the fourth-best month on record for casino gaming revenue. MGM National Harbor generated the most gaming revenue and saw the biggest year-over-year increase, raking in $71 million, up 13.1% compared to 2021’s numbers. Live! Casino & Hotel had $58.1 million in gaming revenue, an uptick of 1% year-over-year. Gaming revenue at Horseshoe Casino was down 3.8% at $19 million. Among the state’s three smaller…
Sports betting giant DraftKings has shared its financial report for the first quarter of the year. The business has delivered revenue of $417 million, an increase of 34% from $312 million in Q1 2021. The company has now raised its full-year guidance for both revenue and Adjusted EBITDA based on continued strong customer behavior and optimization of the cost structure. Revenue for the B2C segment grew to $404 million, up 44% from the comparable period last year. Adjusted EBITDA in the first quarter outperformed the midpoint of the guidance previously provided by the company in February by more than 12%.…
iGaming industry content provider Pragmatic Play announced Friday it has contributed €18,000 ($19,000) to two established autism causes as it continues to donate towards significant charitable concerns across the globe. Back in April, during World Autism Awareness Month, the company supported key programs in both building new facilities and assisting in daily activities. The company has been working closely with Autism Voice in Romania. The charity, set up in 2008, assists families with autistic children in its two therapy sites. It is set to open a research center, the Autism Voice Institute, which will cover an area of over 1,000 square meters in…
You must check out the Tiki Treasures Megaways online slot! It comes with 6 reels and over 117,000 paylines! Plus, a progressive jackpot! There are also cascading reels, a bonus round and bonus spins, and wild & scatter symbols! Blueprint Gaming has uncovered its latest slot Tiki Treasures Megaways – the first release to combine the supplier’s Jackpot King progressive pot system with the popular games mechanic. Set deep in the jungle, the reels are packed full of expertly crafted Tiki symbols, while the Megaways mechanic from Big Time Gaming provides 117,649 ways to win, which makes for an exhilarating…
Sportsbook and casino platform provider Digitain announced that it has won the Sports Betting Platform of the Year Award at the recent International Gaming Awards ceremony for the second consecutive year. The event took place in London on April 11. Simon Westbury, Digitain’s Chief Business Officer, commented on receiving the award and said: “We are extremely pleased and honored to have been recognized by IGA in such an important and competitive category. To receive the Sports Betting Platform of the Year award is a wonderful recognition of the hard work and innovation delivered by our fantastic teams in Yerevan.” Simon Westbury, Digitain’s Chief Business Officer…
Last month, ICE London returned as an in-person event following a two-year pandemic gap. Yogonet had the opportunity to speak with two of Digitain’s executives: Chief Business Officer Simon Westbury, and Matthew Charlesworth, Managing Director of Digitain Live who shared an assessment of the iGaming software solutions provider’s presence at the expo, which saw the Digitain Sales Team have over 265 meetings across the three days of ICE. The executives also shared Digitain’s future strategic plans for its new Live Casino division, and for the year ahead. During a previous interview, you said that the company would be showcasing five products at…
iGaming expert and software provider SOFTSWISS announced on Friday it has partnered with online gaming operator IGUBET by launching two joint projects: a sports betting brand and an affiliate marketing platform. The comprehensive cooperation agreement is set to give the brand “the opportunity to win one of the leading positions in the market,” according to a press release, by offering its players “engaging and well-thought-out iGaming solutions.” IGUBET has become the first project for the SOFTSWISS Sportsbook to launch exclusively on the sports betting platform without relying on a casino/as opposed to integrating it with a casino platform, SOFTSWISS explains.…
Manufacturer and supplier of gaming products PlayAGS has shared its financial results for the first quarter of 2022. The company posted consolidated revenue of $72.9 million -marking the fifth consecutive quarter in which quarterly sequential revenue growth was delivered-, showing an increase of approximately 32% year-over-year. AGS President and Chief Executive Officer David Lopez, said: “I am encouraged by the degree to which the operating momentum we established throughout 2021 continued into the first quarter. We have heavily invested in strengthening the foundation of our Company over the past couple of years and are beginning to realize accelerating returns on these investments. To that end, I believe our solid…
Century Casinos announced Friday its financial results for the first quarter of 2022, which saw the company’s net operating revenue escalate 40.2% in a year-over-year comparison to $103.1 million during the period. The business now expects an increase in performance through the remainder of 2022, driven by recent acquisitions. The brand’s earnings from operations were $13 million, an increase of 58% from the same period in 2021. Net earnings attributable to Century Casinos’ shareholders were $0.2 million, and Adjusted EBITDA was $25.8 million, an increase of 62% from 2021. Along with the release of the financial report, Erwin Haitzmann and…
Sports betting giant DraftKings has completed its acquisition of Golden Nugget Online Gaming (GNOG), the company announced on Thursday. The deal was first unveiled in August last year, an all-stock deal worth roughly $450 million that involves Golden Nugget’s iGaming product and existing combined database of more than 5 million customers. The GNOG acquisition is expected to, among other things, allow DraftKings to leverage Golden Nugget’s established brand to broaden its reach into new customer segments. It will also enhance the combined company’s iGaming product offerings through DraftKings’ vertically-integrated tech stack and GNOG’s unique capabilities, including Live Dealer. The transaction…
Online casino content supplier CT Interactive has signed a new deal with Bulgarian industry new-found operator 8888.bg. The provider’s library of titles is now live with the casino brand. “CT Interactive is pleased to announce that 8888.bg is now part of our fast-growing client base. More Bulgarian players will be provided with the best gaming experience and our products of the highest quality by our new partner”, said Lachezar Petrov, CEO of CT Interactive. The move represents another significant step in the company’s ongoing expansion into key regulated markets, CT Interactive stated. Lachezar Petrov, CEO of CT Interactive CT Interactive’s agreement…
As Chicago City prepares for a new sports betting market and in-arena sportsbooks, Caesars Entertainment announced Thursday it has entered a new deal with MLB’s Chicago White Sox to make Caesars the Exclusive Casino Partner of the team, and to name the company’s Sportsbook its Official Betting Partner. This wide-ranging collaboration builds upon Caesars’ presence and history in Illinois and northwest Indiana, the company said, states where the business offers entertainment experiences at Harrah’s Joliet, Harrah’s Metropolis, Horseshoe Hammond and Grand Victoria Casino Elgin. Caesars Entertainment and Caesars Sportsbook now have access to official Chicago White Sox logos and marks,…
ICE London organizer Clarion Gaming announced Thursday that ICE Consumer Protection Zone supporters raised £46,000 ($56,000) for safer gambling charities in this year’s edition of the renowned trade expo, held last month. Organizations including GamCare, the Responsible Gaming Council and Better Change were recipients of this year’s charity fund donated by supporters of the CPZ. The fund was made up of £6,000 ($7,300) donations from bet365, Kindred, Entain, Videoslots, Sky Betting and Gaming and IMG Arena, enhanced by a £10,000 ($12,300) contribution from Ambassadeurs Group. The sum takes the total raised for gambling industry charities over the last three editions…
Missouri proffesional sports teams and legalization backers are making a last-minute push for sports betting in the state as the session ticks away and neighboring Kansas moves forward with its own plans for a legal sports gaming market. The pro team’s ongoing lobbying efforts come as the Legislature’s upper chamber debated a proposal late Wednesday that would tax sports wagers at a 15% rate, almost double an 8% tax approved earlier this year by the House. The proposal, sponsored by Sen. Denny Hoskins (R-Warrensburg), would generate an estimated $114 million in revenue and would also allow certain kinds of bets…
There have been thousands of online slot titles released over the years, covering almost every theme imaginable. Whatever topic you are interested in, you’ll probably find a slot machine related to it. From popular culture and entertainment to ancient history and fantasy, the world of slots has it all covered. Even relatively mundane topics such as gardening and cooking are featured in online casino slot titles. Creative concepts With so many topics covered, game developers must use their creativity to come up with new concepts. This can sometimes involve taking an older theme and ramping it up to a new…
