Finance News

Entain eyes 2023 BetMGM revenue of up to $2.0 billion 

Entain has given an outlook for BetMGM, its joint-venture in the US, owned jointly with MGM Resorts International. The London-based...

Finance News
Camelot acquisitions boost Allwyn’s third quarter revenue growth

In Q1 2023, Allwyn completed the acquisitions of Camelot UK, the current operator of the UK National Lottery, and of...

Finance News
888 reject £700m takeover bid by Playtech

888 Holdings PLC leapt over 18% to 83.34p on Monday morning after The Sunday Times reported it was the target of a £700...

Finance News
Virginia sports wagers break new records in October

The Virginia Lottery has released its report on sports wagering activity submitted by licensed operators for the month of October...

Finance News
Nasdaq sends ‘warning letter’ to Inspired for late filing of third-quarter results  

Inspired Entertainment has announced that it received a standard notification letter from the Listing Qualifications Department of the Nasdaq Stock Market stating the...

Finance News
UK gambling revenue surpasses £15 billion in 2023

The betting and gaming industry’s revenues reached £15.1bn in the year to March 2023, or £10.95bn excluding the National Lottery,...

Finance News
Picklebet secures $15M investment with backing from DraftKings

Picklebet, the Australian next gen betting and media company at the nexus of esports, sports, and internet culture, has closed...

Finance News
Kindred Group to exit North America market as board mulls sale

As part of its strategic review, Kindred Group will exit the North American market with the expectations to have fully...

Finance News
Pointsbet on track to deliver revenue forecast

Brett Paton, Chairman, Ponitsbet 2023 AGM, speech to shareholders at the Annual General Meeting today. A lot has happened since...

Finance News
Goldman downgrades Entain to ‘sell’, slashes price target

Goldman Sachs has downgraded Entain to sell from buy saying that the company has been having problems with growth due...

Finance News