Posts From: October 2022

PointsBet announces strong first-quarter results

PointsBet today reported its first quarter of FY2023. Turnover increased 18% to $1,156.7 million. PointsBet’s gross win margin of 10%, down from 11.9% a year earlier. This led to a...

Finance News
ATG posts flat third-quarter revenue of SEK4.5bn

ATG single game revenues for 1 January – 30 September 2022 are largely at the same level as the comparison period last year. This also applies to the period’s total...

Finance News
Sightline Payments receives strategic investment from J.P. Morgan

Sightline Payments, a leading FinTech specializing in payments technology for the regulated gaming industry, today announced the completion of a funding round following a strategic investment from J.P. Morgan Payments....

Finance News
Entain agrees upsized $1bn loan to finance acquisition of SuperSport

Entain announces the pricing and allocation of a $1,000m First Lien Term Loan B in USD the New Loan, with maturity in October 2029. The New Loan was upsized from...

Finance News
Enteractive Media agrees Nasdaq SPAC merger

Parsec Capital Acquisitions a special purpose acquisition corporation sponsored by Parsec Acquisitions Sponsor, LLC, announced the execution of an agreement and plan of merger with Enteractive Media Inc. The transaction...

Finance News
888 Holdings sees revenue drop 7% in Q3

888 Holdings said on Tuesday its third-quarter revenue fell due to the country’s tightened online player safety measures and closure of its Dutch operations. Revenue in the reported period fell...

Finance News
Esports Entertainment reports fourth quarter revenue of $11.7 Million

Esports Entertainment Group has announced its financial results for the fiscal 2022 fourth quarter ended June 30, 2022. Net revenue of $11.7 million, an increase of $2.9 million compared to...

Finance News
Acroud completes £5.1m acquisition

Acroud AB has entered into a purchase agreement to acquire 60% shares in an Affiliation and Media company. Acroud Media for a total consideration of approximately GBP 5.1 million. The...

Finance News
La Française des Jeux revenue tops €0.5bn in Q3

FDJ’s performance up to the end of September was better than the Group’s forecast, after a first six months of the year in which results were amplified by a basis...

Finance News
Entain’s Q3 gaming revenues rise 2%, expects a boost from the World Cup

Entain the global sports betting, gaming and interactive entertainment group, today reports trading for the period from 1 July to 30 September 2022 (“Q3”). Group net gaming revenue up +2%.Online NGR...

Finance News