Posts From: October 2022

Tabcorp to dabble in social betting with new investment

Tabcorp Holdings is tipping $33 million into social betting group Dabble Sports Pty Ltd in a bid to expand its younger customer base, just weeks after offloading its gaming systems...

Finance News
BoyleSports in talks over potential sale

Ireland’s largest independent bookie worth ‘hundreds of millions of euro’ has started talks with a number of interested parties for a potential sale of the company, with bids expected by the...

Finance News
Betsson Group expects to break revenue records 

Betsson expects to report new record revenue and EBIT in the third quarter, driven by both sportsbook and casino. Group revenue is expected to be in the range of EUR...

Finance News
New York mobile sports betting handle hits $1.3B in September

Gamblers wagered over $1.26 billion on sports through mobile gaming apps in New York in January, according to a report by New York State Gaming Commission, beating the record for monthly handle set by New...

Finance News
Tekkorp Digital set to delist from Nasdaq and liquidate

Tekkorp Digital Acquisition announced that it will no longer pursue a merger deadline extension and will instead begin the process of winding down, effective Oct. 26, which is the SPAC’s...

Finance News
STS posts record third quarter revenue of €33.7m

STS Group one of the largest bookmakers in Central Europe and the market leader in Poland – generated NGR of over PLN 458 million in Q1-Q3 2022, compared to nearly PLN 429...

Finance News
French online betting and gaming gathers momentum

Stakes recorded by Française Des Jeux (FDJ) continued their growth momentum in the first half of 2022 and amounted to more than € 10 billion compared to €9.1 billion in the first...

Finance News
Light & Wonder merger with Sciplay sought by Engine Capital

Engine Capital an investor in Light & Wonder and its subsidiary Sciplay is urging the gaming companies to merge in an effort to improve value for their shareholders.  Engine Capital,...

Finance News
FL Entertainment sees first half revenues rise 19%

Betclic owner FL Entertainment has reported first half revenue of €1,801m in H1 2022, up +19% on a reported basis and +15.6% at constant exchange rates Adjusted EBITDA: €301m, up...

Finance News
Scout raise SEK101m through new share rights issue 

Scout Gaming Group AB has announced the outcome of the company’s rights issue of shares corresponding to approx. SEK 101 million in which the subscription period expired on 22 September 2022,...

Finance News