Posts From: May 2022

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
BlueBet sees third quarter turnover jump 44.6%

BlueBet Holdings has annonced its quarterly cash flow report and quarterly activities report for the quarter ended 31 March 2022. Turnover of $120.7 million up 44.5% driven by customer and...

Finance News
LeoVegas first quarter revenue rises 2% to €98.5m

LeoVegas began the year in solid fashion with revenue growing 2% in the first quarter to €98.5m. Excluding the Netherlands, growth was 9%. Growth in the sport vertical was a...

Finance News
ATG earnings matches first quarter estimates

AB Trav och Galopp ( ATG ) said net gaming revenue for the first quarter of 2022 was SEK 1.3 billion. Revenues from sports betting increased by 27 percent and...

Finance News
PointBet turnover surges by 54% to $1,398m

For the three months ended 31 March, PointsBet reported a 54% increase in turnover to $1,398 million. This was driven by a 37% increase in Australian turnover to $579.4 million...

Finance News
Churchill Downs hits record first-quarter revenue despite TwinSpire woes

Churchill Downs reported first quarter earnings, and its historical horse racing and gaming operations powered much of the record first-quarter performance. CDI posted $87.2M in net revenue from its live...

Finance News