Tag Archive : sales

Relax Gaming Announces Appointment of Nadiya Attard as Director of Sales

Relax Gaming, iGaming aggregator and supplier of unique content, has appointed Nadiya Attard as Director of Sales to push forward on its global expansion strategy and realise new growth opportunities.

Assuming the position on 30th March, Attard brings over 15 years of B2B and B2C online gaming experience to the company, having held several senior positions at NetEnt, which she joined in 2013 after five years with Betfair, as well as Pari Match, Marathonbet, and Microgaming.

During her tenure as Director of Business Development at the casino games supplier, Attard was a driving force behind its sales department, having played an instrumental part in its commercial success and global expansion into new and regulated markets.

She joins Relax Gaming at an exciting time in its business journey after the company has significantly expanded its geographical reach this year and grown its portfolio with the addition of several tier one operators and reputable platform providers.

Daniel Eskola, CCO at Relax Gaming, said: “Nadiya’s track record for delivering results and going above and beyond targets is admirable. We are thrilled that she is joining the Relax team and are positive that with her ability to develop long-lasting business relationships she will further the company’s success and make a huge contribution to our future growth. 

Nadiya Attard, Director of Sales, said: “Relax Gaming’s reputation for being a forward-thinking, progressive company makes it a fantastic business to be a part of and I’m looking forward to working with some of the most innovative thinkers in the industry. Relax is already growing rapidly so now is the perfect time for me to help accelerate its success.

“I feel motivated by the opportunities and challenges that lay ahead, and together with all the team I’m convinced that we can transform possibilities into realities. When a product and company’s reputation is this strong, it is a pleasure to be a part of.”

Relax Gaming provides its partners with a selection of over 1000 premium casino games, including high-quality aggregated content from selected Powered By and Silver Bullet studios along with its innovative proprietary products.

Denver’s stay-at-home order triggered huge sales – and safety concerns – for city’s cannabis businesses

When Denver Mayor Michael Hancock announced recreational marijuana shops would be forced to close under the city’s stay-at-home order Monday, the response from customers was swift. They swarmed local dispensaries to stock up on products and caused enough of a stir that the mayor rescinded the moratorium just three hours later.

As more counties announce stay-at-home orders that will affect more than 2 million people in the metro area, cannabis industry personnel say it’s worth reflecting on the Denver announcement’s impact — both good and bad.

Colorado Gov. Jared Polis deemed marijuana dispensaries “critical” retail businesses, meaning they’re allowed to remain open during the coronavirus pandemic with some restrictions. If a city or county individually imposes stricter rules on how they operate, however, those will supersede state regulations.

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Calls for social distancing spark demand for online cannabis sales

Americans can purchase pet supplies, medication and even alcohol online, so why not marijuana?

That thought is crossing many Coloradans’ minds as calls for the general public to practice social distancing have spurred a trend in online shopping for cannabis products.

On March 16, Terrapin Care Station, which operates six dispensaries throughout the Front Range, saw an 1,800% increase in online sales over the same day a week prior, according to Communications Director Peter Marcus. Historically, online ordering accounted for a fraction of the company’s sales, as consumers preferred to peruse cannabis selections in person to decide what to buy.

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IGT sees growth in product sales as FY 2019 revenue stable

IGT revenue was $4.79bn for the full year 2019, a decrease of 1% year-on-year.

Operating income was $637m, down 2%, while adjusted EBITDA was $1.71bn, a fall of 1%.

For Q4 2019, the supplier generated revenue of $1.25bn, also down 1% from the prior year, while operating income was $81m, a rise of 99%.

Adjusted EBITDA for the quarter was $436m, up 5%, and the supplier was able to reduce its net debt by 5%, totalling $7.38bn by the end of Q4.

IGT said the results matched expectations for profit and cash flow for 2019, led by strong results in the supplier’s North America gaming and Italian segments.

The supplier also outlined significant growth in its global gaming product sales for the year.

Marco Sala, CEO of IGT, said: “In the full year, we grew global gaming product sales by more than 20% thanks to higher unit shipments and the success of our new games. Global lottery same-store revenue also rose.

“We are closely monitoring the impact of the coronavirus outbreak. Apart from this, solid operational performance across products and regions should support continued momentum in 2020.”

Colorado marijuana sales hit a record $1.75 billion in 2019

Last year was the most lucrative 12 months for cannabis sales in Colorado since the state’s voters legalized recreational marijuana.

Medical and recreational cannabis sales hit a record $1.75 billion in 2019, up 13% from 2018, according to data from the Department of Revenue’s Marijuana Enforcement Division. Marijuana tax collections also hit an all-time high, at more than $302 million in 2019.

RELATED: “Where’s all that marijuana money?” Colorado’s pot dollars help schools, but maybe not as much as you think

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