Posts From: May 2022

Bet365 CEO sees net worth jump by £189m

Denise and John Coates, the founders of Bet365 are named 17th in this year Sunday Times Rich List, the same position as in 2021. Their net worth is put at £8.637bn,...

Finance News
Tabcorp complete demerger of lottery arm

Tabcorp Holdings is pleased to announce that the Supreme Court of New South Wales today approved the scheme of arrangement for the demerger of The Lottery Corporation from Tabcorp. As...

Finance News
Paf reports full year revenue boost of 105%

Paf reports a strong result for 2021 despite the ongoing pandemic negatively affecting Land & Ship operations. The result amounts to €34.3 million (€16.7 million in 2020). The trend is...

Finance News
Catena Media posts record first quarter revenue

Catena Media reported record first-quarter revenue as sports revenue more than doubled in North America after New York and Louisiana legalised online sports betting in January.  Revenue was EUR 45.2m, an increase...

Finance News
UK’s online gaming yield dips 1% to £1.2bn

The UK Gambling Commission has published further data showing how gambling behaviour is reacting to the easing of lockdown measures and current environmental factors in Great Britain. The operator data...

Finance News
Better Collective posts record first-quarter revenue of €67.4m

Better Collective has reported a first-quarter revenue rise of 74% to 67.4 mEUR . Organic revenue growth was up 44%.  EBITDA before special items increased 75% to 23.1 mEUR. Revenue...

Finance News
GAN sees revenue rise 38%

GAN today reported its unaudited financial results for the quarter ended March 31, 2022. Total revenue was $37.5 million versus $27.1 million, up 38% compared to the prior year quarter. The...

Finance News
Lottery.com reports first quarter revenue increase of 287%

First quarter 2022 revenue was $21.2 million, an increase of $15.7 million, or 287%, from the first quarter of 2021. The growth was primarily driven by the sale of LotteryLink credits...

Finance News
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