The GI Newswire: 12 February 2024

The GI Newswire: 12 February 2024

Evolution signs deal to acquire Livespins’ share capital for €5m

Both companies anticipate closing the deal during this year’s second quarter, pending certain closing conditions. Under the terms of the agreement, Livespins will operate under its established brand within the Evolution Group. The company will continue alongside the Evolution, NetEnt, Red Tiger, Ezugi, Big Time Gaming, No Limit City and the DigiWheel brand names. Evolution CEO Martin Carlesund commented: “Livespins is a unique proposition that has shown solid engagement metrics and adoption by players and one we believe will be a great addition to the Evolution portfolio." Read the full story here.

Other stories from Europe:

  • Allwyn partners with IWG and will hold 70% stake in business (Read)
  • ECA announces new Board members in general assembly (Read)
  • Light & Wonder expands deal with Everi Digital to reach UK, Europe and South America (Read

Wynn Resorts reports $1.84bn operating revenue in Q4 2023 financial results

Wynn Resorts has released its financial results for the fourth quarter and full year ending 31 December 2023, reporting growth in operating revenues and net income compared to the previous year.? For Q4 2023, Wynn Resorts recorded operating revenues of $1.84bn, marking an increase of 83.55% from the same period in 2022, which stood at $1.00bn. Net income attributable to Wynn Resorts surged to $729.2m for Q4 2023, compared to $32.4m for the corresponding period in 2022, reflecting a 2,148.15% increase. Read the full story here.

Other Stories from North America:

  • BetMGM reports $1.96bn revenue in fiscal year 2023 performance (Read)
  • Taylor Swift-themed betting options introduced in Super Bowl bets by Oregon Lottery through DraftKings (Read)
  • Maryland Casinos experience decline in gaming revenue for January 2024 (Read)
  • Boyd Gaming reports $954.4m revenue in Q4, full-year 2023 financial results (Read)

WA.Technology collaborates with NE Group for Africa joint venture

B2B iGaming provider WA.Technology has entered into a joint venture with NE Group to launch WA Africa, expanding its presence into African markets. This collaboration aims to leverage NE Group's experience in the African market to offer customised omnichannel platforms for new ventures across the continent. The objective is to provide localised platforms integrating mobile, retail and online provisions, supported by a specialised team for the African market. Read the full story here.

Global Gaming Awards EMEA 2024: Winners revealed

Last week, Gambling Insider hosted the seventh edition of the Global Gaming Awards EMEA at London’s Hippodrome Casino. The Global Gaming Awards are regarded as the most prestigious Awards in the gaming industry, due to the strict shortlisting and voting processes put in place. Click here to see the winners.

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