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PlayAGS has signed a definitive agreement to be acquired by affiliates of private equity firm Brightstar Capital Partners, with the deal valued at $1.10bn (£877.3m/€1.02bn). The PlayAGS board has approved the acquisition and recommended shareholders also vote in favour of the proposed deal. Brightstar invests in industrial, manufacturing and services businesses. Under the agreement, PlayAGS…

Light & Wonder posted a 12.8% year-on-year increase in revenue to $756m (£605m/€704m) in Q1 after reporting growth in each of its core business segments. Revenue during the three months to 31 March was higher across the Gaming, SciPlay and iGaming businesses. As a result, Light & Wonder also reported higher group net profit for…

Inspired Entertainment said ongoing growth within its Interactive segment was not enough to halt an overall decline in revenue in Q1, while the provider also reported a wider net loss. Revenue for the three months to 31 March hit $63.1m (£50.4m/€58.6m). This is 2.8% lower than the $64.9m Inspired posted in Q1 of last year.…

Maryland’s sports betting market enjoyed another huge double-digit rise in revenue during April, with more than $480m (€445.3m/£383.4m) generated. Maryland saw sports betting revenue rise by 48.1% year-on-year to $486.3m during the month. Retail accounted for $11.3m of handle, with around 98% coming from mobile. The US state recorded hold of 10.4%, with $435.9m paid…

Vasco da Gama and Betfair have signed the biggest sponsorship in the club’s history as Brazil prepares to launch its fully regulated sports betting market. The deal between Vasco, who play in the top-flight football league in Brazil, and Betfair, will run until 31 December 2025. The agreement, despite being billed as the “biggest”, did…

Playtika has issued a commitment to its restructuring efforts despite seeing a double-digit drop in adjusted EBITDA and net income at the start of 2024. In its financial results for the three months to 31 March, Playtika generated revenue of $651.2m. This was down 0.8% year-on-year and up 2.1% on the final quarter of 2023.…

Bragg Gaming Group posted a wider net loss during Q1 despite an increase in revenue to €23.8m (£20.5m/$25.5m), while the provider says it is making “encouraging” progress on its strategic alternatives process. Revenue was up 49.9% year-on-year at Bragg in Q1. The group referenced organic growth from its existing client base, new customers in multiple…

EveryMatrix is now live with Supremeland Gaming, supplying DraftKings through its first exclusive content aggregation partnership in US. The partnership will see Supremeland Gaming, through its US-based game studio Powderkeg, develop exclusive content with EveryMatrix technology. This also enables the latter to distribute its games and provide gamification features via its SlotMatrix aggregation platform. Supremeland…

Betway operator Super Group has reported Q1 revenues of €379.3m (£326.7m/$407.6m), its highest ever in a first quarter as it announced an agreement to fully acquire its sportsbook technology platform. Super Group’s revenue total for Q1 is 5.4% up on the €359.9m generated in the final quarter of 2024. It was also a 12.1% hike…

Shohei Ohtani’s former interpreter Ippei Mizuhara Wednesday (8 May) agreed to plead guilty to two US federal charges–one count of bank fraud and one count of filing a false tax return–surrounding his theft of nearly $17m from the Japanese baseball star. According to a US Attorney’s office press release, Mizuhara will plead guilty to both…