Posts From: January 2023

888 Holdings CFO to step down; Revenues down 3%

888 Holdings said its trading during the fourth quarter of 2022 was in-line with Board expectations. Total revenue was 458 million pounds, down 3% from last year.  Pro forma fiscal...

Finance News
Kindred Group reports revenue ‘below expectations’ 

Kindred Group has delivered solid growth year-on-year with total Group revenue of approximately GBP 305 million (Q4 2021: GBP 244.9 million). Total revenue increased by 24 per cent (23 per...

Finance News
Super Group board announces $25m share buyback plan

Super Group the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced that its Board of Directors has authorized...

Finance News
Catena Media lauds record Ohio debut

Catena Media has recorded its strongest ever launch period for a US state launch of licensed online sports betting after reporting all-time-high revenue from new player registrations in Ohio, which...

Finance News
FL Entertainment buoyed by strong performance in Europe

FL Entertainment, a global digital entertainment group, has enjoyed strong momentum across its two business lines throughout 2022. Content production & distribution saw a 25% increase in the number of...

Finance News
Catena Media hires investment bank to lead-up sale of remaining assets

Catena Media plc has mandated Carnegie Investment Bank AB as financial adviser to assist the company in assessing strategic options as part of conversations with third parties that have shown...

Finance News
Jackpot.com secures new funding and launches in Texas

Jackpot.com, the online lottery ticket platform, launched today in Texas with $42M in funding from some of the country’s top professional sports franchises and marketing partnerships with the Dallas Cowboys,...

Finance News
New York sportsbook wagers rebound in December to $1.6bn

According to the New York gaming commission, online sports betting gross revenue for the week ended December 18 was up 4.5% just shy of $1.55 billion. FanDuel NY was the...

Finance News
Fanatics sheds 60% stake in NFT company Candy Digital

Fanatics is divesting its 60% stake in its NFT company Candy Digital. The decision comes through owing to the downturn of the industry in the bear market. The Michael Rubin...

Finance News
IG Acquisition halt $350m PlayUp SPAC listing

IG Acquisition announced in an 8-K this afternoon that it is no longer seeking its business combination with mobile gaming platform PlayUp and will instead liquidate its trust. The SPAC today disclosed that...

Finance News