Posts From: March 2022

Senior Flutter executive nets multi-million pound payout

Paddy Power owner Flutter Entertainment paid CEO Peter Jackson £2.6m annual bonus in 2021, the board had awarded Peter Jackson ‘a significant salary increase’ that then boosted other bonuses calculated from base...

Finance News
Betting Report Analyses Billion-Dollar Canadian Opportunity

Leading sportsbook platform provider BtoBet has published its latest Industry Report, with the report focusing on the newly legalised Canada market. The “Canada Betting Focus” analyses the market’s opportunities since...

Finance News
888 reports record turnover of $980m

888 Holdings said its pre-tax profit tripled from a year earlier, as online casino services in its core European markets remained popular during lockdowns. Annual revenue from 888’s core markets, the...

Finance News
Aspire Global pulls out of business with Russian National Lottery operator

Leading iGaming provider Aspire Global has terminated its contract with the Russian National Lottery’s operators Sports Lotteries LLC due to different view of the business.  The contract was announced in October...

Finance News
Paf donates €300,000 to Ukraine

Paf and the Government of Åland chooses to urgently donate 300,000 euros in humanitarian aid to Ukraine. The money will go to support the international relief work carried out by...

Finance News
Danske Spil profits rise on online gambling surge

The Danske Spil Group annual results increased by more than 10 per cent. to 1,627 million. kr. in a year marked by challenging conditions. Danske Spil’s solid progress has been...

Finance News
Entain revenues up 7% to £3.9bn

Entain said that the furlough scheme had helped it keep its 14,000 retail staff on full pay, while betting shops were closed for several months in the year. Entain had...

Finance News
Bet365 posts flat revenue of £2.8bn in fourth quarter

Bet365 made a profit of £470m before tax in the year to the end of March 2021, on revenues that were flat at £2.8bn. Denise Coates founder and CEO was...

Finance News
Scientific Games revenue exceeds expectations

Scientific Games on Tuesday reported net income of $95 million in its fourth quarter. For the year, the company reported profit of $371 million, revenue was reported as $2.15 billion....

Finance News
IGT full year revenue boosted by record performance

International Game Technology today reported financial results for the fourth quarter and full year ended December 31, 2021. Full year operating income of $902 million, was he highest in company history, on...

Finance News