Posts From: November 2023

Picklebet secures $15M investment with backing from DraftKings

Picklebet, the Australian next gen betting and media company at the nexus of esports, sports, and internet culture, has closed a $15M AUD Series A round of financing. The financing round was...

Finance News
Kindred Group to exit North America market as board mulls sale

As part of its strategic review, Kindred Group will exit the North American market with the expectations to have fully exited operations in the market by the end of Q2...

Finance News
SOFTSWISS unveils Jackpot Aggregator Q3 results

The SOFTSWISS Jackpot Aggregator, a comprehensive solution aimed at elevating player engagement in online casinos, shares its Q3 2023 performance results. A notable achievement during this period was surpassing 1.5...

Finance News
Pointsbet on track to deliver revenue forecast

Brett Paton, Chairman, Ponitsbet 2023 AGM, speech to shareholders at the Annual General Meeting today. A lot has happened since I addressed you at our 2022 Annual General Meeting. The...

Finance News
Goldman downgrades Entain to ‘sell’, slashes price target

Goldman Sachs has downgraded Entain to sell from buy saying that the company has been having problems with growth due to a combination of regulatory headwinds, competition, market dynamics, and...

Finance News
Lottomatica sells new investment-grade bonds to fund SKS365 acquisition

Lottomatica’s joint stock company (societàperazioni) established under the laws of the Republic of Italy (and a wholly owned subsidiary of Lottomatica Group S.p.A. has announced today its intention to issue and...

Finance News
Entain agrees to pay £585m after bribery investigation

Entain will pay penalties of more than half a billion pounds after a probe into alleged bribery at a former Turkish subsidiary. Entain said it had reached an agreement with...

Finance News
Activist investors pile pressure on Entain

Entain shares spiked on reports that it faces growing investor unrest from activist investors. Following the shares recently sinking to a three-year low below 840p, two more US activist hedge funds...

Finance News
Golden Matrix Group reports record revenues of $44 million

Golden Matrix Group a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced that pursuant to preliminary revenue estimates, it achieved record...

Finance News
OPAP third-quarter GGR revenue up 8%

OPAP the leading gaming operator in Greece, announces its consolidated financial results for the nine-month period ended September 30th, 2023. OPAP’s revenues (GGR) in 9M 2023 increased by 8% y-o-y reaching €1,506.5m...

Finance News