Posts From: May 2022

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...

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...

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...

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...

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...

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...

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...

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...

Beach Point Capital Management LP, a private credit focused investment manager, announced a $30 million private credit investment in GAN. GAN operates a North American B2B technology offering for real money internet...

Kindred Group’s first quarter revenue slumped by 31% as the firm blames “temporary headwinds” but continues with long-term optimism. Total revenue (B2C and B2B) was GBP 246.7 (352.6) million. Gross winnings revenue (B2C)...