Posts From: February 2025

New Jersey Budget raises online gambling taxes by over 66%

Gov. Phil Murphy is proposing the state spend a record $58.1 billion in its next budget year, calling for a series of revenue raisers in an attempt to bridge New Jersey’s...

Finance News
DraftKings chief legal officer sells $7.7 million in stock

Dodge R. Stanton, Chief Legal Officer of DraftKings recently sold a significant portion of his holdings in the company. The sports betting giant, currently valued at $21.8 billion, has seen...

Finance News
Super Group’s revenues surge 112% to $500m

Super Group the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced fourth quarter 2024 and full year 2024...

Finance News
Swedish gambling revenue nears €2.5 billion in 2024

Swedish-licensed gaming companies had a turnover of SEK 27.8 billion in 2024. In total, Swedish-licensed gaming companies had a turnover of SEK 27.8 billion (players’ stakes minus paid out winnings)...

Finance News
Tabcorp swings to profit in first half, boosted by new Victorian licence

Tabcorp Holdings Limited is a leading Australian company specializing in gambling, entertainment, and integrity services, operating primarily in the wagering and media sectors. Higher wagering revenues and lower costs have...

Finance News
Better Collective reports €371.5 million in revenue for 2024

Better Collective has announced revenue of €96.2 million for the final quarter of 2024, taking full year revenue to €371.5 million with recurring revenue of €231 million up 21%. EBITDA...

Finance News
Gambling.com shares rise on strong results

Revenue rose 37% year-over-year to a third quarter record $32.1 million. The Company delivered more than 116,000 NDCs to clients, a 35% year-over-year increase. Gross profit increased 43% to $30.4...

Finance News
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