Posts From: May 2022

Demographics and the implications for operators

In recent years, many industries have centered their content and marketing strategies on younger generations, with millennials commonly the primary target. However, technology has been embraced more than ever right...

Finance News
FL Entertainment Group agrees €7.2bn SPAC deal to go public

FL Entertainment Group a global leader in independent content production and the fastest-growing online sports betting platform in Europe through its Banijay Group and Betclic Everest Group businesses announced that they have...

Finance News
NeoGames sees slight increase in first quarter revenue

New York-listed supplier NeoGames has reported a 3.8 per cent rise in revenue in the first-quarter of 2022. Adjusted EBITDA was $8.5 million during the first quarter of 2022, compared to $9.7 million during...

Finance News
StreamLayer receives investment boost

StreamLayer, an audience engagement technology company focused on transforming the live sports viewing experience across mobile and other streaming devices, announced today it has received an investment from Las Vegas Sands....

Finance News
US sports betting revenue drives Raketech to record first-quarter

Raktech has reported first-quarter revenues of EUR 12.7 million. US revenues amounted to EUR 2.4 million (EUR 0.5 million), representing an increase of 379.9%. Sports revenues amounted to EUR 4.3...

Finance News
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