Social gaming

6th August 2021

Zynga announces acquisitions as it returns to profit in first half

Zynga posted a net profit of $4.8m for the first half of its 2021 financial year after a 63.7% year-on-year increase in revenue during the…

5th August 2021

Playtika seeks M&A after lower H1 costs help business return to profit

The chief financial officer of social gaming business Playtika said the business is excited about future merger and acquisition opportunities, as slightly higher revenue and…

22nd July 2021

State of the Union: DraftKings, Sands, New Jersey and more

This week’s State of the Union, in partnership with Segev LLP, includes DraftKings’ expansion into the world of NFTs, Las Vegas Sands’ earnigns report for…

21st July 2021

DoubleDown targets $91.4m proceeds as long-awaited IPO moves ahead

DoubleU subsidiary DoubleDown Interactive has filed for its initial public offering (IPO) on the Nasdaq exchange, from which it expects to receive proceeds of $91.4m.…

15th July 2021

State of the Union: Las Vegas Sands, New York, FanDuel and more

This week’s state of the Union, in partnership with Segev LLP, includes Las Vegas Sands’ moves into the world of igaming, New York’s request for…

15th July 2021

Scientific Games to reincorporate remainder of SciPlay in $1.9bn deal

Scientific Games Corporation has submitted a proposal to acquire the outstanding shares of its social gaming division SciPlay Corporation in a deal with an implied…

7th July 2021

Playtech partners with Kindbridge for US gambling treatment research

Playtech has partnered with virtual mental health clinic Kindbridge in a union that will aimed at creating a new framework for gambling treatment across the…

24th June 2021

State of the Union: Canada, Wire Act, Sports Illustrated and more

This week’s State of the Union, in partnership with Segev LLP, is highlighted by passage of a bill to allow single-event sports wagering in Canada.…

24th June 2021

DoubleU Games to seek new underwriter for DoubleDown IPO

Korean social gaming operator DoubleU Games has terminated its contract with the underwriter responsible for listing its DoubleDown Interactive subsidiary on the Nasdaq exchange, and…

17th May 2021

Game Taco acquires Game Show Network’s WorldWinner

Game Taco has agreed to acquire WorldWinner, the skill gaming arm of US television channel and games developer Game Show Network. The deal follows private…

14th May 2021

Ohio problem gambling charity raises “underregulated” electronic bingo concerns

The Problem Gambling Network of Ohio warned of the number of electronic bingo machines – which it said were effectively “underregulated slot machines” – that could…

14th May 2021

Playstudios Q1 revenue and profit grows despite decline in overall customers

Social gaming developer Playstudios posted revenue figures of $74.1m (£52.7m/€61.1m) for the first quarter of 2021 – a 27.1% increase on this time last year…

12th May 2021

Playtika raises full-year guidance after revenue growth in Q1

Social gaming giant Playtika has raised its full-year revenue and earnings guidance after experiencing an increase in revenue during the first quarter of its 2021…

6th May 2021

Zynga posts increase in gaming revenue as losses decline

Social gaming company Zynga saw a sharp increase in gaming revenue and overall revenue, but still made a $23m net loss in the first quarter…