Gambling Insider

1 week ago | gamblinginsider.com | Beth Turner

Key points: - The Star Entertainment reported a year-on-year decline in revenue of 24.9% - Statutory NPAT fell from AU$9m to a loss of AU$302m - Earlier this month, Bally's confirmed an investment of AU$300m in the operator The Star Entertainment has released its financial results for the first half of its 2025 financial year, for the period ending 31 December 2024. Normalised revenue came to AU$650m (US$413.2m), down 24.9% year-on-year.

1 week ago | gamblinginsider.com | Beth Turner

Key point: - The Rotterdam District Court has called BML Group and Corona Limited to repay €385,378 to a customer - The defendants will also be required to pay €5,751 in procedural costs The Rotterdam District Court has ordered Betsson’s BML Group and Corona Limited to repay €385,378 ($436,236) to a customer who lost the amount on unregulated sites run by the companies.

1 week ago | gamblinginsider.com | Beth Turner

Elaine Wynn, ex-wife of Wynn Resorts Founder Steve Wynn, has passed at the age of 82. Wynn was the largest Wynn Resorts shareholder at the time of her passing. However, following her divorce from Wynn in 2010, she was removed from her role on the Board. Steve Wynn too no longer runs the company, having stepped down as CEO in 2018. He has since gone on to fight several defamation cases, after former staff accused Wynn of sexual misconduct.   More to follow...

2 weeks ago | gamblinginsider.com | Will Underwood

Key points:   - Raketech has reported a 23% decline in revenue year-on-year to €61.2m  - Operating loss also feel 308% to €55m, with adjusted EBITDA falling 38.5%  - Overall, the affiliate's outgoings also increased to €116.2m for the year  Affiliate Raketech has revealed its full year 2024 financial results, highlighting a 23% decline in revenue year-on-year a total of €61.2m ($69.7m).

2 weeks ago | gamblinginsider.com | Will Underwood

Key points:   - Novomatic has been awarded a gaming vendor licence in the UAE  - This makes the supplier only the third company to enter the nation  - Following this update, Novomatic will be able to distribute its land-based gaming products in the nation   The General Commercial Gaming Regulatory Authority (GCGRA) of the United Arab Emirates (UAE) has announced the distribution of an official gaming vendor licence to Novomatic, making the supplier one of the first to enter the nation’s market.