Posts From: August 2022

20SHOTS raises £400,000 in its latest seed funding round

20SHOTS, the UK technology supplier behind fast-growing free-to-play fantasy football game Fantasy5, have secured an additional £400,000 of investment at a £5 million valuation, with backers including Gen-Z focused US...

Finance News
Super Group reports first half revenue of €320.8 million

Super Group the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced second quarter 2022 financial results for its...

Finance News
Flutter Entertainment shares rise despite post-tax loss

Flutter Entertainment swung to a first-half pretax loss due to higher operating and sales costs, though revenue rose and the second half has begun well. The FTSE 100 gambling group...

Finance News
888 Holdings interim profit down 65%

888 Holdings announces its financial results for the six months ended 30 June 2022. The acquisition of the international (non-US) business of William Hill completed on 1 July 2022, and...

Finance News
Aspire Global acquisition boosts NeoGames second quarter revenue

NeoGames S.A, a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today financial results for the second quarter ended June 30, 2022. Revenues and the company’s share in NPI...

Finance News
LeoVegas reports slight revenue increase for second quarter

LeoVegas reported a second quarter revenue increase of 1% to EUR 98.0 m (96.8). Excluding the Netherlands, revenue increased 9%. Adjusted EBITDA was EUR 9.0 m (10.6), corresponding to an...

Finance News
Entain first half gaming revenue rises 19%

Entain PLC left annual guidance unchanged and declared a dividend for the first time since the onset of Covid-19, with the bookmaker promising a “progressive” payout going forward.  The Ladbrokes...

Finance News
Catena Media initiates strategic European review 

Catena Media plc announces that it is expanding the strategic review it initiated on 20 May 2022 to its entire European online sports betting and casino affiliation business. The European...

Finance News
Light & Wonder posts $610m in second quarter revenue

Second quarter revenue was $610 million compared to $581 million, up 5% compared to the prior year period. Prior year revenue benefited from $38 million VAT recovery, reducing the year-over-year revenue...

Finance News
Jake Paul raises $50M to launch Betr

Founder and CEO Joey Levy and Founder and President Jake Paul has announced the creation of Betr, the first direct-to-consumer micro-betting focused sports betting company. As part of the company’s efforts, the two are also launching...

Finance News