DraftKings announced the launch of syndication for a proposed senior secured term loan B credit facility in an aggregate principal amount of $600M. DraftKings intends to utilize the net proceeds...
Robinhood Markets launched its second venture fund on Thursday, allowing retail investors to access early-stage startups that have typically been available only to venture capital firms and wealthy individuals. The...
Grandstand formerly known as Gambling.com Group the intelligence layer powering informed decisions for consumers and partners across sports, gaming and entertainment, has reported financial results for the second quarter ended...
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...
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...
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...
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%...
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...
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,...
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...
