Posts From: February 2024

Record quarter for Lottomatica as online drives revenue up 33%

Lottomatica Group and together with its subsidiaries the), the holding company of Lottomatica S.p.A, the largest player in the Italian gaming market based on revenues, announces that on 15 May 2023 its...

Finance News
Diamond Sports secures $450M in debt financing

Diamond Sports Group has secured $450 million in debtor-in-possession (DIP) financing, the agreement marked a turning point for the owner of the Bally Sports RSNs. The financing was announced last month and includes...

Finance News
BlueBet reports jump in first-half revenue to $298.7m

BlueBet is pleased to provide H1 FY24 results. Turnover is up 6.9% to $298.7m, driven by sports and thoroughbred racing where we are outperforming. Group Net Win margin remains robust...

Finance News
Loto-Québec revenue tops $2.1B

For the period from April 1 to December 25, 2023, Loto-Québec posted total revenues of $2.111B and a net income of $1.076B. The group has, therefore, met its objectives despite an economic...

Finance News
Playtika Q4 revenue hits $637.9 million

Playtika Holdings recorded higher revenue but lower earnings in the fourth quarter as costs rose and its average daily paying user count declined year-over-year. The Israel-based mobile gaming company posted...

Finance News
Pointsbet Holdings reports first-half revenue rise

PointsBet Holdings Limited today reported earnings results for first half 2024, the company reported revenue of $101.7m, up 7% vs PCP, a record half and a gross profit of $50.1m,...

Finance News
Sports betting and online casino drive ATG full-year revenue to SEK 5.3 billion

Increased net gaming revenue, reduced costs and thus an improved result for ATG®. This is clear when ATG presents its year-end statement for 2023. Considering that 2023 started really tough,...

Finance News
Illinois eyes 35% sports betting Tax Hike

Gov. JB Pritzker called to more than double the Illinois sports betting tax rate to 35% as part of his $52.7 billion Fiscal Year 2025 budget presented to the public Wednesday. Though Pritzker did...

Finance News
Tabcorp sees first half revenue slide 5%

Tabcorp’s first half revenue slid 5 per cent to $1.2 billion and group earnings fell 14 per cent to $170 million figures that reflect the broader challenges facing the Australian...

Finance News
Online drives Bally’s full year revenue up 8.6% to $2.45bn

Bally’s today reported financial results for the fourth quarter and full year ended December 31, 2023. Revenues were $611.7 million, up 6.1% year-over-year and up 8.6% for the full year....

Finance News