Golden Route Operations’ Post

🚀 NorthStar Gaming has officially entered into a subscription agreement with Playtech, with closure of the $10m offer expected to occur by the end of October 2023. 🎮 The Ontario-based casino and sportsbook gaming platform first announced a proposed financing of at least $10m back in August, with Chair and CEO Michael Moskowitz highlighting the importance of strengthening the firm’s balance sheet in order to support the growth of the NorthStar Bets brand. 💰 “We are very excited about our expansion outside of Ontario starting this fall, made possible by the Slapshot Media acquisition we completed in the second quarter and the offering,” he said at the time. 🌐📈 #CanadianGamingBusiness #NorthstarPlaytech #SubscriptionAgreement #GamingNews #Playtech #BusinessUpdates #CasinoIndustry #GamingTech #OnlineGaming #CanadianBusiness #TechNews #IndustryInsights #GamingAgreement #BusinessPartnership #PlaytechNews #DigitalGaming #SubscriptionDeal #GamingCommunity #TechInnovation #NorthstarGaming #BusinessCollaboration #GamingSolutions #CanadianIndustry #PlaytechSubscription #GamingDevelopments #DigitalEntertainment Read More⬇️ https://lnkd.in/eCCszq9s

Steven Valentine, our Chief Commercial Officer, discusses the launch of our CG Games division and our strategic growth plans. As Steven says, “We can help the serious players develop a long-term platform strategy, enabling them to focus on establishing themselves or maintaining their position as market leaders.” Read the full interview for more insights. #ComtradeGaming #CGGames #iGamingNews #iGamingindustry

KWP #TrendWatch - A look at the #marketing and #branding impact in video #gaming for the young audience, in this special feature in License Global. https://lnkd.in/e53tBVD8

Games Global Limited (“Games Global”), a leading developer, distributor and marketer of innovative online, casino-style gaming (“iGaming”) content and integrated business-to-business solutions to iGaming operators, announced today that it has launched the roadshow for its initial public offering (“IPO”) of 14,500,000 ordinary shares. The offering consists of 6,000,000 ordinary shares offered by Games Global and 8,500,000 ordinary shares to be sold by Games Global’s existing shareholder (the “Selling Shareholder”). The IPO price is currently expected to be between $16.00 and $19.00 per share. Games Global has applied to list its ordinary shares on the New York Stock Exchange under the symbol "GGL". J.P. Morgan, Jefferies and Macquarie Capital are acting as joint lead book-running managers for the proposed offering. Barclays and BTIG are acting as book-running managers for the proposed offering. Read more: https://bit.ly/44qHWVw #initialpublicoffering #iponews #gamesglobal

The market size of US gaming hit an all-time high quarterly revenue of $17.4bn in Q4 2023. As Bill Miller said: “From the traditional casino experience to online options, American adults’ demand for gaming is at an all-time high.  So much room for growth and innovation in the US

NODWIN Gaming Expands Control Over Freaks 4U in Strategic Acquisition. Read more : https://lnkd.in/dcAPkx9X #NodwinGaming #Freaks4U #GamingIndustry #StrategicAcquisition #Esports #BusinessExpansion #GamingNews #Investment #MarketGrowth #GamerCommunity #IndustryNews #GamingTakeover #DigitalEntertainment #CompetitiveGaming #EsportsBusiness

2023 was a record-breaking year for gaming! 📅 According to the American Gaming Association, US commercial gaming revenue reached $66.5B in 2023. Here’s a breakdown of the numbers: ♠ Traditional gaming revenue reached $49.4B ♥ iGaming revenue reached $6.2B ♦ Sports betting revenue reached $119.8B ♣ Sportsbook revenue reached $10.9B With 2023 being such a year to beat, 2024 is already looking bright. Follow us for advice on increasing your profits by optimizing spend. #gamingindustry #gaminginsights #parlay

📈 NorthStar Gaming CEO gives insights on its outlook for 2024 🔍 🧠 NorthStar Gaming's Chairman and CEO, Michael Moskowitz, shared insights into the company's operations and outlook for 2024. Moskowitz highlighted the company's unique differentiation, focus on local markets, and partnerships with gaming and tech providers like Playtech. ⬆️ Moskowitz noted the success seen in player engagement and turnover due to their sports insights, stating, "We are seeing higher average deposits and higher casino turnover, and GGR attributed to content from players who utilize our insights content." Read more on this interesting insight from NorthStar with Ziv (Steve) Chen’s article for Canadian Gaming Business: https://lnkd.in/drWsTkWy #CanadianGaming #OntarioGambling #SportsInsights

Check out our article on M&A trends in the gaming sector discussing the 2023 market and what we expect for 2024. https://lnkd.in/dYF8vkkD

This is a drop from the average of 22 percent that went into player investments and refunds in the pre-Covid-19 period from 2017 to 2019, according to CLSA Ltd. Read more here: https://lnkd.in/gQFKHaEX #gaming #macau #ggr #profit #report #players #casino #gambling #playing #revenue #industry #performance #operators #investments #visitors #earnings #casinonews #trending