Posts From: January 2024

FDJ in $2.5 billion swoop for Kindred Group

The Board of Directors of Kindred unanimously recommends the shareholders of Kindred to accept the public offer from La Française des Jeux SA of SEK 130 in cash per share....

Finance News
FDJ full year revenue tops €2.6 billion

Française des Jeux (FDJ), France’s leading gaming operator, announces its revenue and recurring EBITDA margin for 2023. Good level of activity in the fourth quarter: revenue up 13.8 % to €747...

Finance News
Amazon invest in Diamond Sports as part of a restructuring agreement

Diamond announced Thursday that Amazon had taken a minority stake in the company as part of its bankruptcy restructuring. More significantly for sports fans across the country, Amazon’s stake in the...

Finance News
Gamma Intermediate sell 6.4% stake in Lottomatica

Italian gaming group Lottomatica said on Thursday that majority shareholder Gamma Intermediate had completed the sale of a 6.4% stake, or 16 million shares, worth 152 million euros ($166 million)....

Finance News
Revenue at Flutter rises as group prepares for US listing

Flutter Entertainment PLC reported a strong end to 2023, with revenue and numbers of players up on a year before, but its US revenue fell short of guidance due to...

Finance News
888 shares slump after Q4 results

888 Holdings Q4 revenue was £424m, 5% higher than Q3 2023 and down 7% year-over-year, with actives up 5% year-over-year, with ongoing growth in the customer base setting the foundation...

Finance News
New Jersey posts record gambling revenue of $5.8 billion

New Jersey’s casino and sports betting operators and their online partners won nearly $5.8 billion in 2023, setting a new record, figures released Tuesday show. That’s up nearly 11% from...

Finance News
Flutter finalises registration for debut on New York Stock Exchange

Flutter Entertainment has provide a preliminary update on full-year trading. Paddy Power owner Flutter has filed its formal registration statement with the Securities and Exchange Commission in the US in...

Finance News
Dutch Gambling Authority study finds bonuses drive unlicensed sites

The Danish Gambling Authority has published the study “Online gambling in Denmark”. The study, carried out by the Danish Gambling Authority in collaboration with Statistics Denmark, has a particular focus on...

Finance News
UK affordability checks to be debated in February

A debate will be held to discuss the implementation of affordability checks on February 26, the Petitions Committee has announced. Participants and fans of racing signed a petition, which needed...

Finance News