LeoVegas Affirms Bid for Dominance in the Live Casino Space with New Launch

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May 8, 2020

Renowned online gaming operator LeoVegas has recently expanded its already impressive portfolio by launching a second brand on top of its proprietary multi-brand platform. This is part of the company’s very ambitious expansion bid that is likely to see it extend its footprint across several new markets across the globe. LiveCasino.com, the recently unveiled brand, has already been rolled out to English-speaking markets across the globe. It will also be getting rolled across all of the companies locally licensed markets in the near future. Taking Lead in the Live Casino Space It goes without saying that the live casino games… Read More

Evolution Reports Impressive Earnings in First Quarter of 2020

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May 1, 2020

Renowned online live dealer casino solutions provider Evolution Gaming has recently reported significant revenue rise in the first quarter of the year. According to the revenue report, the company’s profits nearly doubled in the first quarter of 2020 ending March 31 – this brought the Stockholm-listed organization’s revenue to a whopping €115.1 million. The revenue that was recorded was not only a 45 percent increase from the same period in 2019 but also represented a 79 percent increase in earnings. Consequently, Evolution Gaming’s margins rose to 55.7 percent thus pushing its profits up by 90 percent to €54.2 million. The… Read More

Ocean Casino Resort Reverses Fortunes, Profits Forecasted

ocean-resort
May 7, 2019

Atlantic City’s Ocean Casino Resort – formerly known as Revel, TEN, and most recently Ocean Resort Casino – has had tumultuous months of financial troubles since it reopened in June 2018. In fact, things got so bad that the company is currently in the process of being handed over to a new owner. Fortunately, everything seems to be looking up right now and the company is expecting to turn a profit for the first time in a very long while. The Boardwalk gaming and entertainment facility originally opened its doors back in 2012 as Revel, an operation that went on… Read More

Maryland Casinos Break New Revenue Records in 2018

gaming-revenue
January 8, 2019

Maryland’s six casino operators closed out 2018 with rather modest gaming revenue gains even though Horseshoe Casino Baltimore’s ongoing decline showed no signs of subsiding – only Horseshoe Casino saw revenue decline, which in this case was a 7.2 percent drop. According to figures released on Monday by the Maryland Lottery and Gaming Agency, statewide casino gaming revenue hit the $148.8 million mark in December 2018, a 5.2 percent increase over the same month in the previous years and an improvement of $8.4 million over what was recorded in November 2018. The Specifics Casino gaming revenue by itself contributed to… Read More