Posts From: May 2022

Wynn’s quarterly loss narrowed as revenue increased

Wynn Resorts narrowerd loss and revenue below analysts’ expectations in the first quarter as headwinds from the Covid-19 pandemic continue to affect the company. The operator narrowed its loss to...

Finance News
EveryMatrix reports strong start to 2022 with revenue up 14% year on year

B2B iGaming technology provider EveryMatrix reveals strong results for Q1 of 2022. EveryMatrix’s Q1 update shows Gross Profit growth across all business segments (Casino, Sports, and Platform), a strong cash...

Finance News
Zynga reports first-quarter revenue up 2%

Zynga today released financial results for the first quarter ended March 31, 2022. In Q1, the company achieved revenue of US$691 million, up two per cent year-over-year, and quarterly bookings...

Finance News
IGT reports strong first quarter as revenue surpasses $1bn

International Game Technology have released earnings for its first quarter results, operating income was $252 million; operating income margin of 24% exceeds outlook by 200 basis points. Adjusted EBITDA of...

Finance News
Shareholders approve Tabcorp lottery demerger

Tabcorp shares are rose this week amid news of the company’s vote on demerging from The Lottery Corporation, shareholders voted with an overwhelming majority to proceed with the demerger.  Tabcorp Chairman...

Finance News
fuboTV sees losses widen but delivers $236.7 in revenue 

FuboTV’s North American (U.S. and Canada) streaming business delivered a record $236.7 million in total revenue in the first quarter, an increase of 98% year-over-year. The company also delivered solid...

Finance News
Bally’s first-quarter revenues ‘below expectations’ 

Bally’s Corporation on Thursday reported first-quarter net income of $1.9 million, after reporting a loss in the same period a year earlier. The operator posted revenue of $548.3 million in...

Finance News
DraftKing’s first-quarter earnings jump 34%

DraftKings reported revenue was up 34% in Q1 to $417M, led by a 44% increase in the B2C segment. The company pointed to strong demand across segments and said it is not seeing...

Finance News
‘Record’ first quarter for Aspire global as revenue rises 31.7%

Aspire Global reported the highest first quarter revenue in its history, as revenue rocketed in its most important markets. First-quarter revenues rose 31.7% to €46.3m, which was a record for the...

Finance News
Flutter Entertainment reports revenue up 6%

Flutter Entertainment t grew revenue in the first quarter, led by a strong performance in the US market which offset a decline in the UK & Ireland. First quarter, total...

Finance News