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Apollo Funds Complete Acquisitions of International Game Technology's Gaming & Digital Business and Everi; Combined Enterprise to Operate as IGT
Globenewswire· 2025-07-01 12:50
Establishes IGT as a Premier Platform for Innovation, Delivering Exceptional Content and Scalable Solutions Across the Global Gaming EcosystemNEW YORK and LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the completion of the previously announced acquisitions of International Game Technology PLC’s (doing business as “Brightstar Lottery”) Gaming & Digital Business and Everi Holdings Inc. ("Everi") by a holding company owned by funds managed by Apollo affiliates (the "Apollo Fun ...
SharpLink Gaming Increases ETH Treasury Holdings to 198,478; Staking Rewards Yield 222 ETH Since June 2, 2025
Globenewswire· 2025-07-01 12:00
Company Appoints Elevate IR as Investor Relations Firm of Record MINNEAPOLIS, MN, July 01, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) ("SharpLink" or the "Company"), the largest publicly traded holder of Ethereum ("ETH") in the world, today announced that the Company has strategically increased its total holdings of ETH to 198,167, acquiring an additional 9,468 ETH for $22,825,734 (inclusive of fees and expenses) at an weighted average price of $2,411 per ETH (inclusive of fees and expen ...
Wynn Resorts (WYNN) Earnings Call Presentation
2025-07-01 11:42
Wynn Interactive Reorganization - Wynn Resorts reorganized its interactive assets and partnered with BetBull Limited, forming Wynn Interactive, a majority-owned (71%) subsidiary[5] - Wynn Resorts invested approximately $80 million in Wynn Interactive to support growth and expansion[6, 9] - The reorganization combines BetBull's international gaming operations, Wynn Sports Interactive's (WSI) U S operations, and Wynn Slots' social casino operations[6] Market Access and Expansion - Wynn Interactive has secured market access in nine states, covering approximately 24% of the total potential addressable U S market[9, 33] - The company is in discussions for market access in five additional states, representing approximately 29% of the total potential addressable U S market[33] - Wynn Interactive is in advanced stages of seeking access in Tennessee and Virginia, representing approximately 5% of the total potential addressable U S market[33] Team and Products - The Wynn Interactive team includes Craig Billings, Sadok Kohen, and Norbert Teufelberger, experienced professionals in the digital gaming industry[9, 16] - Wynn Interactive's products include BetBull, a UK-facing sports betting and iCasino business, and WynnBET, a U S-facing product[18, 26] Financials - The combined 2019 gross revenue of the combined entities was $21 million[12]
X @Bloomberg
Bloomberg· 2025-07-01 05:24
Macau’s monthly gaming revenue rose 19% in June, exceeding analyst expectations as visitors poured in to the world’s biggest gambling hub for Cantonese pop concerts and other entertainment offerings https://t.co/vaCNNgfsve ...
DraftKings Launches “My Budget Builder” to Enhance Its Responsible Gaming Tools and Resources
Globenewswire· 2025-06-30 17:00
Players can use this new tool to help them manage their play across DraftKings products, reflecting the ongoing efforts of DraftKings to promote Responsible GamingBOSTON, June 30, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ: DKNG) today announced the launch of My Budget Builder, a new Responsible Gaming (RG) tool that players can use to set customized limits and reminders through a guided, easy-to-use experience. My Budget Builder is a tool that players can use to help manage their entertainment budget ...
X @Messari
Messari· 2025-06-27 19:13
State of @Seraph_global Q1Key Update: Seraph's Season 2 introduces ActPass marketplace for seamless cross-season asset management, revolutionizing blockchain gaming economy.QoQ Metrics 📊• Trading volume ⬆️ $1.6B in Q1• Peak daily transactions ⬆️61,888• Season 2 reward pool ⬆️ $1M+Read the full report 👇Ezak (@ItsEzak):Q1 marked a strong debut for @Seraph_global: $1.6B in token volume, 60K+ users, and 61K+ transactions post-TGE. With Season 2 expanding rewards and ActPass streamlining asset movement, the ecos ...
High Roller Technologies (ROLR) Conference Transcript
2025-06-26 17:02
Summary of High Roller Technologies (ROLR) Conference Call Company Overview - **Company Name**: High Roller Technologies - **Ticker Symbol**: ROLR - **Business Model**: B2C online casino with a dual brand strategy (High Roller and Fruta) [6][7] - **Headquarters**: Malta, with satellite offices in the U.S. and Europe [9] Industry Insights - **Market Size**: The global iGaming market was estimated at approximately $40 billion in 2023, with projections to reach nearly $135 billion in a few years [16] - **Growth Rate**: The iGaming industry is growing at an annual rate of about 9% [16] - **Market Shift**: There is a significant shift from land-based casinos to online platforms, which is expected to continue [16] Key Business Strategies - **Customer Acquisition**: Partnership with SpyCup Media, a leading iGaming customer acquisition firm, enhances traffic to the website [8][17] - **Player Acquisition Engine**: For every dollar spent on customer acquisition, the company generates approximately $1.93 in return [18][19] - **Revenue Generation**: Revenue is generated through online casino games, which are designed with a house advantage [20][22] Market Expansion Plans - **Core Markets**: Focus on regulated markets such as Finland, Ontario, and Alberta, with a total addressable market (TAM) of approximately $4 billion [42] - **Finland**: Expected to drive about 60% of net gaming revenue, with a TAM of up to $1.2 billion [36] - **Ontario**: Anticipated market entry in late 2025, with a TAM of about $2.5 billion, where online casino represents 72% [38][40] - **Alberta**: Expected market launch in early 2026, with an estimated market size of $750 million to $1 billion [41] Competitive Advantages - **Experienced Team**: The company boasts a strong executive team with extensive experience in the gaming industry [23][27][30] - **Regulation-First Growth Model**: Focus on regulated markets provides stable revenue streams and high barriers to entry for competitors [56] - **Diverse Revenue Streams**: In addition to online casino operations, the company also engages in affiliate marketing, allowing for low-risk revenue generation [49][51] Product Offering - **Game Library**: One of the largest game libraries in the world with over 5,000 games from more than 90 partners [10][11] - **Customization**: Ability to localize products for different markets, enhancing user experience [52] Financial Projections - **Market Share Potential**: Aiming for a 1% market share in core markets could yield approximately $40 million in revenue, with potential for higher margins [43] - **EBITDA Margins**: Expected EBITDA margins could range from 20% to 40% depending on operational efficiency [43] Conclusion - High Roller Technologies is positioned for significant growth in the online casino market, leveraging a strong brand, experienced team, and strategic partnerships to capitalize on emerging opportunities in regulated markets. The focus on customer acquisition and product differentiation will be key drivers of success moving forward [57]
X @Messari
Messari· 2025-06-26 16:54
What is @Somnia_Network?A new EVM-compatible Layer 1 blockchain built for real-time, on-chain experiences, like gaming. Built for 1M+ TPS, 0.1s block times, and low fees.Why Now?- Shannon Testnet went live in Feb 2025.- Processed 1B+ transactions, 4.2M accounts, 18.3M contracts.- Mainnet expected H2 2025What the Report Covers:- Technical architecture- Ecosystem & Games- Incentives & FundingReport: https://t.co/rNGeDYiph1 ...
X @IcoBeast.eth🦇🔊
IcoBeast.eth🦇🔊· 2025-06-26 12:50
Surprised (and also impressed?) to see 2 Polkadot parachains in the top 10 for 365d fee generation among L2’s (yes I know the DOT maxis will say parachains aren’t technically L2’s)Mythos at #4 is looking really strong. I think the majority of that is likely powered by the CSGO skins market, but it’s hard to look at that number and the recent success of FIFA Rivals and not put them in the conversation for top gaming chain.Ignas | DeFi (@DefiIgnas):What's the upside for L2 tokens?Fee sharing?Even if they turn ...
Poker Star Samantha Abernathy Joins WSOP Free-to-Play app as Global Ambassador with In-Game Avatar, Upping the Ante for Players Worldwide
Prnewswire· 2025-06-26 12:15
After learning to play on the WSOP app, Abernathy brings her professional poker journey back to where it all began.  HERZLIYA, Israel, June 26, 2025 /PRNewswire/ -- Playtika's World Series of Poker (WSOP) free-to-play app is doubling down on its partnership with professional poker player Samantha Abernathy. Returning as an ambassador, Abernathy's partnership with the WSOP app is kicking off with her custom in-game avatar joining players in the app. This collaboration builds on a previous partnership between ...