The GI Newswire: 1 April 2024

Allwyn FY23; revenue up 98%, 6% excluding acquisitions

Allwyn has released its figures for FY23. Overall, the lottery and gaming company generated €7.88bn ($8.53bn) across the year, with a consolidated adjusted EBITDA of €1.48bn. Net revenue came to €3.59bn, up 42% from last year's?€2.53bn.?Total gross gaming revenue (GGR) came to €7.55bn, up 98% from last year's €3.81bn. Read the full story here .

Other stories from Europe:

• 888 reports ￡1.7bn in 2023 revenue – but is looking to change its name (Read )
• Spelinspektionen bans three operators from targeting Swedish customers (Read )
• Playtech reports revenue up 7% in fiscal year 2023 results (Read )
• Lottoland Deutschland receives German licence, joins GGL whitelist (Read )

888 announces sale of US assets to Hard Rock Digital following strategic review

888 has concluded a strategic review of its US B2C operations, resulting in the sale of selected assets to Hard Rock Digital (HRD). The completion of this transaction is contingent upon regulatory approvals and other conditions, with finalisation expected in stages, likely concluding in Q4 2024. Read the full story here .

Other stories from North America:

• Flutter 2023 revenue up 24.6% but net loss of $1.2bn due to non-cash charges (Read )
• Responsible Online Gaming Association (ROGA) launched to promote responsible gaming (Read )
• Caesars Sportsbook officially recognised for responsible gaming practices (Read )
• Kansas becomes 17th state for Fanatics Sportsbook (Read )

Nolimit City launches in South Africa

Slot developer Nolimit City has announced its entry into the South African market, as it increases its global footprint.?This entry into South Africa has come about thanks to Evolution’s One Stop Shop integration platform, which will allow players in the region to play Nolimit City’s gaming titles.?Read the full story here .

Other stories from Africa:

• Gaming Corps announces new collaboration with BetPawa in Africa (Read )
• Crash games in Africa: Premier Bet partners with Incentive Games (Read )

Crown Melbourne retains casino licence following regulatory review

Following a decision by the Victorian Gambling and Casino Control Commission (VGCCC), Crown Melbourne has retained its Victorian Casino licence. This ruling follows a 'transformation effort' by Crown Resorts and Crown Melbourne aimed at addressing various regulatory concerns. Read the full story here .

Other stories from Asia-Pacific:

• Global Gaming Awards Asia-Pacific 2024: Shortlist decided (Read )
• PAGCOR delivers Php4.59bn cash dividends to State Treasury (Read )
• India: SCCG signs strategic partnership with Gridlogic (Read )
• Jackpot Digital agrees deal with Jade Entertainment to enter Asian market (Read )