On Tuesday, February 21, Tabcorp, a flagship Australian gambling company/ provider of wagering and gaming products and services based in Melbourne, reported $52 million in net profit for the half ended December 31, exceeding consensus expectations by 30 percent.
Reason for higher income:
Profit rose 11 percent to $1.275 billion, while earnings prior to taxes, interest, depreciation and amortization (EBITDA) increased 24 percent to $197 million.
The main reason for the higher revenue was a 58 percent rise in cash betting revenue, as bettors returned to retail outlets after the COVID lockdowns.
Commenting on the reasons for the higher revenue, Adam Rytenskild, Chief Executive Officer of Tabcorp, said: “Our business has rebounded …
Read MoreCosmopolitan’s Identity Membership to Merge with MGM Rewards on July 30
For those who visit the Cosmopolitan Las Vegas often, there is big news coming your way. The resort’s program, Identity Membership and Rewards will be transitioning to MGM Rewards on July 30. For reference, this change comes after MGM Resorts International bought Blackstone’s operating rights for $1.6 billion in September 2019.
Cosmopolitan Identity Program Merging with MGM Rewards After Cyberattack Delays
Back in February, it was initially planned that Identity Membership and Rewards would merge with MGM Rewards by the same month in 2024. Th…
Read MoreAmerican casino operator Wynn Resorts Limited has announced the signing of a deal that will see its WynnBet mobile-friendly sportsbetting innovation cooperate with the Cincinnati Reds franchise of Major League Baseball (MLB).
The Las Vegas-headquartered firm used an official Tuesday press release to declare that the partnership is to involve the pair collaborating on ‘marketing efforts’ for the remainder of the current professional baseball season in an attempt to introduce the iOS and Android-enabled WynnBet service to sportsbettng aficionados in the nearby state of Indiana.
Increasing interest:
Wynn Resorts Limited described its WynnBet advance as ‘an ultra-intuitive and highly responsive interface’ that has been licensed in Indiana …
Read MoreDragons are always in – now, it seems, more than ever. And while the whole world is going through the House of the Dragon fever, Yggdrasil and Bulletproof Games have decided to go with the flow and release the newest fire-breathing title, Dragon Lore GigaRise.
The players will get a rare opportunity to meet with these mysterious creatures and join them in the wild, fantasy land where everything is possible – including the fantastic awards.
Dragon-fri…
Read MoreCelebrities on Harvey Weinstein’s Overturned Rape Conviction
The world’s most influential leaders gathered to toast the annual TIME100 list in New York City on Thursday. While the night was a celebration, the day was also a sobering moment of reflection for many in the wake of the announcement that same morning that disgraced film producer Harvey Weinstein’s 2020 New York rape conviction was overturned; Weinstein’s case was a landmark lawsuit that helped to accelerate the #MeToo movement.
For some attendees, like media personality Don Lemon, the news was heavy, but ultimately an opportunity for the country’s justice system to live up to its values.
“I’m not a fan [of Weinstein], but I will tell you, it’s our justice system and if they found credible evidence that something happened with the judge or the trial during the tr…
Read MoreDivine Consciousness Sequence เปิด Early Access บนสโตร์ไทยแล้ว
WYGame ประกาศเปิด Early Access สำหรับ Divine Consciousness Sequence เกมมือถือ Turn-Based RPG จั่วการ์ดและอัญเชิญ ต่อสู้เคียงบ่าเคียงไหล่ในรูปแบบทีม ดาวน์โหลได้แล้วบนระบบ Android ผ่าน Google Play Store ไทย
Divine Consciousness Sequence เกมมือถือ Turn-Based RPG เอาชนะกลุ่มผู้ชั่วร้ายและปกป้องโลกใบเล็ก สุ่มกาชาปองและจั่วไพ่การ์ดเพื่อสร้างทีมในฝันที่แ…
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