Golden Nugget

Bragg Gaming Group First Quarter Revenue Rises 4.2% to EUR 23.8 Million (USD 25.6 Million)

Retrieved on: 
Jeudi, mai 9, 2024

Revenue increased by 4.2% to EUR 23.8 million (USD 25.6 million) compared to EUR 22.9 million (USD 24.6 million) in 1Q23.

Key Points: 
  • Revenue increased by 4.2% to EUR 23.8 million (USD 25.6 million) compared to EUR 22.9 million (USD 24.6 million) in 1Q23.
  • Gross profit decreased 2.8% to EUR 11.9 million (USD 12.8 million) from EUR 12.2 million (USD 13.1 million) in 1Q23, representing a gross profit margin of 49.9%.
  • Cash flow generated from operations was EUR 2.7 million (USD 3.0 million), a decrease of EUR 3.6 million (USD 3.9 million) compared to 1Q23 mainly as a result of movement in working capital.
  • Cash and cash equivalents as of March 31, 2024 was EUR 7.7 million (USD 8.3 million) and net working capital, excluding deferred consideration and convertible debt, was EUR 3.8 million (USD 4.1 million).

DraftKings Launches “My Stat Sheet” – A New Tool to Promote Responsible Gaming

Retrieved on: 
Jeudi, mars 14, 2024

This new feature is now available across all DraftKings and Golden Nugget products.

Key Points: 
  • This new feature is now available across all DraftKings and Golden Nugget products.
  • “As sports betting technology continues to evolve, DraftKings remains committed to continuously enhancing our robust responsible gaming program,” said Jennifer Aguiar, DraftKings Chief Compliance Officer.
  • “Responsible gaming has always been a core priority at DraftKings,” said Paul Liberman, DraftKings President of Global Product and Technology.
  • To learn more about My Stat Sheet and DraftKings’ responsible gaming initiatives, please visit dksaferplay.com.

Bragg Gaming Continues U.S. Expansion with Golden Nugget in Michigan

Retrieved on: 
Jeudi, février 22, 2024

Bragg Gaming Group ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or the “Company”) proudly announces that it has gone live with its newest games and Remote Game Server (RGS) technology at Golden Nugget in Michigan.

Key Points: 
  • Bragg Gaming Group ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or the “Company”) proudly announces that it has gone live with its newest games and Remote Game Server (RGS) technology at Golden Nugget in Michigan.
  • This milestone marks a significant step in Bragg's ongoing commitment to delivering innovative and engaging content to players across North America.
  • Kunal Mishra, Chief Operating Officer - Americas, at Bragg Gaming Group, said: "We continue to strengthen our relationships with key iGaming operators in North America, and the expansion with Golden Nugget in Michigan is a testament to our successful strategy.
  • “This achievement builds on Bragg's existing collaboration with Golden Nugget, aligning with the company's vision to deliver cutting-edge gaming solutions to players in the rapidly growing U.S. iGaming market.”

FONTAINEBLEAU DEVELOPMENT NAMES MAURICE WOODEN PRESIDENT OF FONTAINEBLEAU LAS VEGAS

Retrieved on: 
Dimanche, janvier 28, 2024

LAS VEGAS, Jan. 28, 2024 /PRNewswire/ -- Maurice Wooden has been appointed the president of Fontainebleau Las Vegas, a five-star luxury resort and casino on the Las Vegas Strip. A 36-year veteran of the luxury hospitality sector, Mr. Wooden's experience and expertise complement the newly opened Fontainebleau Las Vegas, which is built upon a 70-year legacy of sublime beauty, unparalleled service, and timeless design.

Key Points: 
  • Las Vegas gaming and hospitality veteran to lead Fontainebleau Las Vegas, the newest chapter in the 70-year history of the iconic Fontainebleau brand
    LAS VEGAS, Jan. 28, 2024 /PRNewswire/ -- Maurice Wooden has been appointed the president of Fontainebleau Las Vegas, a five-star luxury resort and casino on the Las Vegas Strip.
  • Wooden's experience and expertise complement the newly opened Fontainebleau Las Vegas, which is built upon a 70-year legacy of sublime beauty, unparalleled service, and timeless design.
  • "Throughout his career, Maurice has proven himself as a leader dedicated to evolving the luxury hospitality experience on the Las Vegas Strip," says Fontainebleau Development Chairman and Chief Executive Officer Jeffrey Soffer.
  • Maurice will be an excellent steward of our brand, its culture, and heritage; and we eagerly anticipate his leadership in driving the growth and development of Fontainebleau Las Vegas as we continue our focus on an excellent guest experience."

Galaxy Gaming® and ODDSworks Debut Roulette Up™ in North America

Retrieved on: 
Jeudi, janvier 4, 2024

Now available to play online with Draft Kings, Golden Nugget, and WynnBET in multiple states and coming soon to Canada, this launch marks the debut of Roulette Up in the iGaming space.

Key Points: 
  • Now available to play online with Draft Kings, Golden Nugget, and WynnBET in multiple states and coming soon to Canada, this launch marks the debut of Roulette Up in the iGaming space.
  • Using its BETguard™ Remote Gaming Server (RGS) platform, ODDSworks is well suited to handle the high volume of play anticipated for these Galaxy Gaming Digital titles.
  • Matt Reback, President and CEO of Galaxy Gaming commented: “We’re thrilled to partner with ODDSworks to introduce some of our best-in-class table games to online players in North America for the first time.
  • ODDSworks will do everything in our power to make sure our casino partners and their players, love these games as much as we do.”

July 2023 Unveils Unprecedented Revenue Surge in New Jersey's Thriving Online Gaming Scene

Retrieved on: 
Mercredi, août 30, 2023

Atlantic City, the very heart of New Jersey's gaming ethos, takes center stage with its record-breaking performance.

Key Points: 
  • Atlantic City, the very heart of New Jersey's gaming ethos, takes center stage with its record-breaking performance.
  • James Plousis, Chairman of the New Jersey Casino Control Commission, beams with pride as he heralds July's gaming revenue in the city as unprecedented in over a decade.
  • The pivotal role of internet gaming and sports wagering revenue is emphasized, contributing to the remarkable 5% upswing in total gaming revenue year-over-year.
  • July witnesses the stalwart amassing an awe-inspiring $127 million in total gaming revenue, a nearly 3% elevation from the previous year.

Invisible Urban Charging Deploys Golden Nugget’s Largest EV Charging Installation to Date in Danville

Retrieved on: 
Jeudi, juin 1, 2023

Invisible Urban Charging (“IUC”) announced today that its partnership with the Golden Nuggets Casino in Danville, Illinois to roll out a suite of chargers for electric vehicles (“EV”) has gone live and is operational.

Key Points: 
  • Invisible Urban Charging (“IUC”) announced today that its partnership with the Golden Nuggets Casino in Danville, Illinois to roll out a suite of chargers for electric vehicles (“EV”) has gone live and is operational.
  • Under the terms of the agreement, IUC installed and will service a bank of 13 EV chargers at the casino’s new location, scheduled to open this spring.
  • The installation is the single largest number of chargers in the state of Illinois, more than doubles the number of chargers in Danville, and is the largest to date at a Golden Nugget Casino nationwide.
  • “IUC is proud to be working with Golden Nugget and improving the EV infrastructure in the Danville area with the installation of one of the largest banks of EV chargers in Illinois,” said Nigel Broomhall, Co-Founder and Chief Executive Officer of IUC.

Global Online Gambling Market Report 2023: Increasing Availability of High-speed Internet Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Mercredi, avril 19, 2023

The online gambling market has grown rapidly in recent years due to the increasing availability of high-speed internet and the growing adoption of smartphones and tablets.

Key Points: 
  • The online gambling market has grown rapidly in recent years due to the increasing availability of high-speed internet and the growing adoption of smartphones and tablets.
  • The legalization and regulation of online gambling in several countries have created a more favourable environment for online gambling operators, increasing their ability to reach new customers and expand their businesses.
  • As the global economy continues to improve, more people have disposable income to spend on leisure activities such as online gambling.
  • The increasing investments in the online gambling market can be primarily credited to the rising demand for cost-effective payment mechanisms.

MOUNT AIRY CASINO RESORT APPOINTS BEN KOFF AS CHIEF OPERATING OFFICER AND GENERAL MANAGER

Retrieved on: 
Mercredi, janvier 11, 2023

MOUNT POCONO, Pa. , Jan. 11, 2023 /PRNewswire/ -- Mount Airy Casino Resort, Pennsylvania's first AAA Four-Diamond casino and premier adults-only resort, is pleased to announce the appointment of gaming and hospitality executive Ben Koff as Chief Operating Officer and General Manager, pending approval by the Pennsylvania Gaming Control Board.

Key Points: 
  • National gaming and hospitality executive joins luxury property, which is celebrating its 15th anniversary through October 2023
    MOUNT POCONO, Pa. , Jan. 11, 2023 /PRNewswire/ -- Mount Airy Casino Resort, Pennsylvania's first AAA Four-Diamond casino and premier adults-only resort, is pleased to announce the appointment of gaming and hospitality executive Ben Koff as Chief Operating Officer and General Manager, pending approval by the Pennsylvania Gaming Control Board.
  • Koff joins the iconic, luxury casino and resort in the heart of the Pocono Mountains with over 16 years' experience in the gaming industry with roles in marketing, finance and operations.
  • He has worked for companies including Caesars Entertainment, Golden Nugget, Carnival Corporation, sbe Entertainment Group and, most recently, the Scarlet Pearl Casino Resort in Mississippi.
  • "We are pleased to welcome Ben to the Mount Airy Team and look forward to all he will accomplish as Chief Operating Officer and General Manager."

LevelField Financial Appoints Trey Zeluff to Director of Strategy and Innovation

Retrieved on: 
Jeudi, mai 5, 2022

HOUSTON, May 5, 2022 /PRNewswire/ -- LevelField Financial, the organization that is uniting digital assets and traditional banking services in one trusted platform, announced today that it has appointed Trey Zeluff as the company's first Director of Strategy and Innovation.

Key Points: 
  • HOUSTON, May 5, 2022 /PRNewswire/ -- LevelField Financial ,the organization that is uniting digital assets and traditional banking services in one trusted platform, announced today that it has appointed Trey Zeluff as the company's first Director of Strategy and Innovation.
  • At LevelField, Mr. Zeluff will bring his skill and relationships to facilitating opportunities with next generation customers for commercial enterprises in the digital asset space.
  • In addition, Mr. Zeluff will be responsible for developing the overall group strategy, with a focus on building partnerships within the crypto community.
  • "Trey is a next-generation financial services strategist and connector who is well versed in the opportunities that digital assets afford investors.