Posts From: February 2025

DraftKings secures new $500 million loan facility

DraftKings has announced the launch of syndication for a proposed $500 million senior secured term loan B credit facility. The company plans to use the net proceeds from this Term Loan...

Finance News
FDJ sees 2024 turnover top €3 billion

La Française des Jeux (FDJ), a leader in betting and gaming in Europe, reports its 2024 revenue and recurring EBITDA. In view of the legislation in the process of being...

Finance News
New Jersey gambling revenue hits $558 million in January

The New Jersey Division of Gaming Enforcement announced the January 2025 total gaming revenues. Internet Gaming Win for the casinos and their partners was $221.6 million for January 2025, reflecting...

Finance News
Entain shares jump as activist hedge fund becomes major investor in Ladbrokes owner

Ladbrokes owner Entain surged to the top of the FTSE 100 on Friday as it emerged that US activist hedge fund Corvex Management now has about 5.3% voting rights in the company....

Finance News
Online gambling revenue hits record DKK 3,520 million in Denmark

The Danish Gambling Authority has published statistics on the Danish gambling market covering December 2024. Thereby, statistics for all of 2024 are now available on the Danish Gambling Authority’s website....

Finance News
DraftKings revenue surges 30% to $4.77 billion

DraftKings digital sports entertainment and gaming company, has released its financial results for the fourth quarter and fiscal year 2024. The company has also raised its 2025 revenue guidance midpoint...

Finance News
Robinhood stock surges as earnings blow past forecasts

Robinhood reported record-breaking Q4 2024 results with total net revenues up 115% year-over-year to $1.01 billion.  Net income increased over 10X to $916 million, with diluted EPS of $1.01. Transaction-based revenues...

Finance News
DoubleDown Interactive reports Q4 revenue of $82 million

DoubleDown Interactive a leading developer and publisher of digital games on mobile and web-based platforms, has announced unaudited financial results for the fourth quarter and full year ended December 31,...

Finance News
New York mobile sports betting tops $2.4 billion in January  

After a record setting 2024, the Empire State started off 2025 at an accelerated clip. New York online sports bettors wagered $2,480,723,678  in January, topping the previous handle record in October...

Finance News
Superbet Group agrees €1.3 billion refinancing deal with Blackstone

With one of the fastest growing companies in the global technology and entertainment industry, Superbet Group is refinancing its global business with 1.3 billion euros. Six years after its first...

Finance News