Posts From: September 2022

Camelot withdraws legal action over UK National Lottery licence

As previously announced, in March 2022 the UK Gambling Commission selected Allwyn Entertainment Ltd, a subsidiary of Allwyn Entertainment AG , as its preferred applicant for the fourth license to...

Finance News
Bragg Gaming secures $8.7m in funding from Lind Global

LBragg Gaming Group has entered into a funding agreement for an investment of U.S.$8.7 million with Lind Global Fund II LP, an investment entity managed by The Lind Partners, a...

Finance News
Sportech revenue up 6% in first half of 2022

Sportech reported a pretax loss for the first half of 2022, but said that it has no debt and that online revenue grew in the period. The London-listed betting-technology company...

Finance News
BlueBet revenue surges 48% to $511m

Australian mobile betting operator BlueBet Holdings posted a record full year turnover of $511 million, up 48.5% from FY21’s result. Wagering revenue of $54.6 million, a gain of more than 53% from the year...

Finance News
PointsBet full-year revenue rises 52%

PointsBet Holdings share price is in focus this morning after the bookmaker posted its full year earnings. Revenue came in at $296.5 million 52% higher than that of the prior corresponding...

Finance News
OPAP reaffirms full-year guidance after profit jumps in first half

OPAP saw its second-quarter profit rise significantly, despite the uncertainty of high inflation, especially in energy prices.  Overall, first-half economic indicators were also significantly improved year-on-year, as last year was...

Finance News
Intralot narrows losses as first half revenue tops €204m

INTRALOT announces its financial results for the six-month period ended June 30th, 2022. Group revenue at €204.8m in 1H22 (+1.1% y-o-y). EBITDA in 1H22 at €55.1m (+1.4% y-o-y), incorporating the...

Finance News
US revenue of 342% drives Gambling.com second-quarter

Gambling.com Group has announced its operating and financial results for the second quarter ended June 30, 2022. Total revenue will be in the range of $71 million and $76 million; and...

Finance News
BetMakers full year revenue surges 371%

Betmakers Technology Group saw FY22 revenue rise 371% to $91.7 million but net loss widen 411% to $89.2 million. Revenues from ordinary activities rose 371.1% to $92 million $40 million...

Finance News
Jumbo Interactive report strong full year results

Jumbo announced its results for the full year ended 30 June 2022 and an on-market share buy-back of up to $25 million. On a reported basis, SaaS TTV increased 60%....

Finance News