Posts From: August 2026

Entain net gaming revenue tops £2.5 billion

A record-breaking World Cup final helped to narrow first-half losses at Ladbrokes owner Entain as it tries to stem the impact from higher taxes. The gambling giant reported post-tax losses...

Finance News
Rank Group lifts FY26 revenue to £835 million

Rank Group said full-year operating profit rose 21% as stronger and tighter costs and growth in digital betting helped offset a sharp rise in UK gaming taxes. The company also...

Finance News
Oregon reports $82.9 million in July sports wagers

Oregon sportsbooks processed $82.9 million in wagers during July 2026, producing $9,063,000 in gross gaming revenue at a 10.0% hold. The state collected $725,040 in taxes for the month. The results reflect a balanced performance for the...

Finance News
evoke takes hit from higher gambling taxes as it shuts shops ahead of takeover

Higher gambling taxes cost evoke £46 million in the first half, wiping out an underlying improvement in profitability at the group. The company, which is being bought by Bally’s Intralot, reported...

Finance News
DoubleDown Interactive revenue rises 11.2% in second quarter to $94.3 million

DoubleDown Interactive has reported an increase in revenue to $94.3 million for the second quarter of up 11.2%, The company achieved a significant milestone as direct-to-consumer revenue accounted for 52%...

Finance News
Catena Media shares slide 25% on second quarter earnings

Catena Media shares were down by 25% today as revenue from continuing operations in Q2 was EUR 9.5m (9.6), a decrease of 1%. Revenue in North America increased by 6...

Finance News
Genius Sports raises revenue guidance after strong Q2

Genius Sports has boosted its year-end revenue guidance to between $1.005 billion and $1.025 billion, while also raising its EBITDA expectations to the range of $285 million to $295 million,...

Finance News
DraftKings reports surprise second quarter loss

DraftKing’s second-quarter revenue fell, as sports bettors won their wagers and the company offered promotions to attract new customers. DraftKings reported a loss of $67.6 million in its second quarter. The...

Finance News
Interactive drives Q2 revenue for Penn Entertainment

PENN Entertainment reported Q2 2026 revenue of $1.86 billion, up 5.2% from $1.77 billion a year earlier, while GAAP diluted EPS improved to $0.24 from a loss of $0.12. Net...

Finance News
BlackRock increases stake in Entain above 5%

BlackRock has increased its total holdings in Entain PLC to 5.01% of voting rights, crossing the 5% disclosure threshold, according to a regulatory filing statement. The investment firm held 4.06%...

Finance News