Posts From: May 2021

EveryMatrix invests in Lady Luck Games ahead of stock market listing

iGaming technology supplier EveryMatrix announces an investment into LL Lucky Games AB, an up-and-coming gaming studio from Sweden set to list on NASDAQ First North Growth Market on June 23,...

Finance News
OPAP sees revenue fall 47% to €174m in first quarter

OPAP, Europe’s fourth-biggest betting business, reported a 47% drop in first quarter gaming revenue o €174.2m due to the closure of outlets during the coronavirus lockdown in Greece and Cyprus....

Finance News
Kindred Group launch new employee share incentive plan

Kindred will give employees the opportunity to share in the success of the Group through share ownership. Building on the All Employee Share Plan (AESP) that was launched in 2017...

Finance News
GAN posts strong revenue in first quarter

GAN has reported a 263% revenue rise of $27.8 million  for the first quarter 2021. The increase was driven by the $14.3 million contribution from Coolbet. B2B segment revenues were up 76% to $13.5 million,...

Finance News
Record first quarter for Golden Nugget Online Gaming

Golden Nugget Online Gaming has reported its financial results for the first quarter ended March 31, 2021. Revenue was $26.7 million, representing an increase of 54.2%, compared to $17.3 million during the first quarter...

Finance News
Rush Street momentum holds up in strong first quarter

Rush Street Interactive has raised its revenue guidance for the full year after a strong first quarter performance. Revenue was $111.8 million during the first quarter of 2021, an increase...

Finance News
Playstudios lifts forecast as it swings to first quarter profit

Social game developer Playstudios has announced its financial results for the first quarter ended March 31, 2021. Revenue was $74.1 million during the first quarter of 2021, representing an increase...

Finance News
Playtika raises full year guidance

Playtika reported financial results for the first quarter that topped last year’s performance today. But its stock price fell 5% in early trading after the company’s first quarterly report as a public...

Finance News
FanDuel IPO delayed as Matt King departs

Flutter Entertainment has said the  proposed IPO of FanDuel will be delayed due to the departure of Matt King. Matt King has resigned as chief executive officer of FanDuel. King, in...

Finance News
Wynn to take online business public in SPAC merger

Wynn Resorts and Austerlitz Acquisition Corporation have announced that they have entered into a definitive agreement under which Austerlitz I will combine with Wynn Interactive a subsidiary of Wynn Resorts,...

Finance News