The dynamic world of the gambling industry is subject to constant change, and in the second quarter, some notable hedge funds made adjustments to their holdings. Bally's (NYSE: BALY) and MGM Resorts International (NYSE: MGM) are among the players in the casino sector where hedge funds have reduced their positions. Let's delve into the strategic moves that have taken place....
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Finance News, iGaming News
August 15, 2023
888 Holdings Releases H1 2023 Results
In an exciting development for the gambling industry, 888 Holdings has unveiled its H1 results for 2023, reporting impressive revenue of £881.6 million – a remarkable 165% increase compared to...
Finance News, iGaming News
August 15, 2023
Penn Entertainment’s Bold Move
In a strategic move that sent ripples through the sports betting industry, Penn Entertainment (NASDAQ: PENN) recently unveiled a groundbreaking deal with ESPN Bet. The agreement entails a substantial payment...
Finance News, iGaming News
August 15, 2023
Maryland’s Growing Gaming Landscape
The Maryland Lottery and Gaming Control Agency has released remarkable revenue figures for fiscal year 2023, highlighting a year-over-year growth trend that's nothing short of impressive. With a total contribution...
Finance News, iGaming News
August 15, 2023
888 Witnesses Remarkable 165% Revenue Surge
The world of business is in a constant state of flux, and companies that can adapt and make strategic decisions tend to emerge as winners. In a breathtaking development, 888,...
Finance News, iGaming News
August 14, 2023
Galaxy Gaming Releases Q2 Report: 33% Increase in Revenue
Galaxy Gaming has published its Q2 2023 report, revealing a total revenue of $7.5 million, marking a significant 33% rise compared to Q2 2022. Analyzing Q2 revenue since 2020, the...
Finance News, iGaming News
August 11, 2023
NeoGames: Successful Second Quarter Driven by Diverse Product Portfolio
NeoGames, a provider of iGaming, iLottery, and sports betting solutions, has attributed its successful second quarter to the wide range of products within its portfolio. The company experienced a remarkable...
Finance News, iGaming News
August 10, 2023
Wynn Resorts: Strong Q2 Results Reflect Significant Growth
Wynn Resorts has unveiled its Q2 financial results, showcasing impressive figures: a total operating income of $1.6 billion – a substantial leap from the $908.8 million reported in Q2 2022.
Finance News, iGaming News
August 10, 2023
Entain Reports Strong H1 Performance
The first half of 2023 has marked a remarkable performance for Entain, primarily fueled by positive developments in the gaming and sports betting sectors. CEO Jette Nygaard-Andersen emphasizes that the...
Finance News, iGaming News
August 10, 2023
Bragg Gaming Group Reports Impressive Q2 2023 Growth
Bragg Gaming Group has unveiled its Q2 2023 report, showcasing a remarkable 19% surge in revenue, totaling an impressive €24.7 million ($27.2 million). The second quarter of 2023 witnessed a...
Finance News, iGaming News
August 10, 2023
Mohegan: Digital Growth Focus Despite Slight Q2 2023 Revenue Dip
The Mohegan Group is turning its attention to expanding its digital segment, as revenue for the second quarter of 2023 experienced a minor decline compared to the previous year. In...
Business News, Finance News
August 10, 2023
Malta International Airport Witnesses Impressive Financial Recovery
In the past week, Malta International Airport plc released its interim financial results as of June 30. Given the significant impact of severe COVID disruptions in 2020, 2021, and 2022...
Finance News, iGaming News
August 10, 2023
Exploring SOFTSWISS’ Remarkable 83% Cryptocurrency Growth
The realm of iGaming has undergone a remarkable transformation, with SOFTSWISS emerging as a pioneer of these shifts. In their latest report, the company unveils intriguing trends in the realm...
Banking, Finance News
July 6, 2023
Financial Analysis: Impact of Monetary Policy Decisions
Financial analysis is a crucial aspect of navigating the ever-changing landscape of global markets. One of the most significant factors impacting financial markets is the monetary policy decisions made by...
Banking, Finance News, Laws
July 5, 2023
Kenneth Farrugia appointed as Chairman of FIAU
The recent appointment of Kenneth Farrugia as the Chairman of the Financial Intelligence Analysis Unit (FIAU) and the Malta Financial Services Authority's CEO has raised eyebrows and sparked controversy. As...
Banking, Finance News
July 4, 2023
The Malta Development Bank: Empowering SMEs for Economic Growth and Sustainability
The Malta Development Bank (MDB) is delighted to announce its strategic partnerships with three leading banks as intermediary partners for its two groundbreaking financing schemes. With a shared vision of...
Accounting, Finance News
July 3, 2023
The Power of Budgeting: Financial Control for Companies in Malta
Budgeting plays a vital role in the financial success of companies, providing them with a structured approach to manage their finances effectively. In Malta, where businesses thrive in a competitive...
Finance News, Taxation
July 2, 2023
Fund Management Companies Malta
Fund management companies play a crucial role in the financial landscape, providing investment management services to clients looking to grow their wealth. With its favorable business environment and robust regulatory...
Banking, Finance News
July 1, 2023
The Future of Finance in Malta
The finance industry in Malta has witnessed significant growth and transformation in recent years, and its future seems promising as the country adapts to the digital era. As an island...
Finance News, Taxation
June 30, 2023
Unlocking Tax Incentives: Maximizing Savings in Malta
The Maltese archipelago, nestled in the heart of the Mediterranean, not only offers picturesque landscapes and rich historical heritage but also presents a compelling opportunity for individuals and businesses looking...
Banking, Finance News, Taxation
June 29, 2023
Sustainable Finance: Balancing Profit and Environmental Impact
In today's rapidly changing world, the concept of sustainable finance has gained significant attention. As the global community recognizes the urgent need to address environmental challenges, the financial sector plays...
Banking, Finance News, Laws, Taxation, Tourism
June 28, 2023
Streamlining Finances in Malta
Finances play a crucial role in both personal and business aspects of our lives. For those residing or operating in Malta, streamlining finances is a key consideration to ensure financial...
Banking, Finance News
June 27, 2023
Malta’s Financial Services Authority Explained
The financial services industry plays a crucial role in the economic development of any country. To ensure the stability and integrity of its financial sector, Malta established the Financial Services...
Accounting, Finance News, Marketing, Taxation
June 26, 2023
Sailing Smoothly: Financial Management Tips for Businesses in Malta
In today's competitive business landscape, effective financial management plays a vital role in the success and sustainability of any enterprise. For businesses in Malta, a small but vibrant island nation...
Finance News, Marketing
June 25, 2023
From Idea to Reality: Launching a Successful Business in Malta
Are you an aspiring entrepreneur with a brilliant business idea? Are you ready to take the leap and turn your vision into a reality? Launching a successful business requires careful...
Finance News, Taxation
June 24, 2023
Investing in Malta Stock Exchange
Investing in the stock market offers individuals the opportunity to grow their wealth and achieve long-term financial goals. One of the emerging stock exchanges that have gained attention is the...
Finance News, Laws, Taxation
June 23, 2023
Optimizing Tax Strategies: Saving Money in Malta
Are you looking to optimize your tax strategies and save money? If so, Malta might just be the perfect destination for you. With its attractive tax system and a wide...
