The National Indian Gaming Commission reported a record-breaking $46.2 billion in gross gaming revenue for FY 2023, marking a $2.3 billion or 5.3% increase from FY 2022. This figure underscores sustained growth and robust performance within the Indian gaming sector.
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Bank of America has identified the digital trading card-pack market as an emerging adjacent frontier for gambling operators seeking new revenue streams. However, analysts cautioned that the sector presents distinct regulatory and inventory-related risks that operators must navigate.
Codere Online reported a 31% year-on-year increase in third-quarter revenue to €62.6 million ($69.2 million), driven primarily by strong performance in Mexico. Adjusted EBITDA rose 45% to €4.2 million, with net income reaching €5.5 million. Chief Executive Aviv Sher maintained the company's full-year outlook despite regulatory changes and foreign exchange headwinds.
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High Roller Technologies subsidiary ROLR FCM LLC has signed a commercial agreement with ProphetX to offer access to its federally regulated prediction markets exchange. The integration will feature a ROLR-branded interface allowing eligible customers to trade contracts on sports outcomes and individual player performances.
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