Posts From: October 2021

Entain reports strong third-quarter results

Entain said net gaming revenue rose 4% in the third quarter ended Sept. 30, while revenue from online sports betting jumped 12%. Gambling volumes at its betting shops, a feature...

Finance News
Optimove raises $75 million in new finance

Optimove has announced a $75 million investment led by global growth investor Summit Partners. The financing will support continued investment in strategic hiring and M&A, expansion of the company’s Customer Relationship...

Finance News
Kentucky Lottery reports strong start to new financial year

Kentucky Lottery’s board of directors, announced sales remain on their brisk pace. According to Vice President and Corporate Controller Maggie Garrison, overall sales for the first two months of FY22...

Finance News
Holland Casino looks to online growth after profits plunge

Over the past six months, the casino company was forced to close for more than 5 months due to the corona measures. As anticipated, this had a negative impact on the...

Finance News
Britain’s online gambling yield drops in July

The UK Gambling Commission has published further data showing how online gambling behaviour is reacting to the easing of lockdown measures in Great Britain.The operator data reflects the period between...

Finance News
Penn National Gaming acquires stake in PointsBet

PointsBet Holdings has attracted an investment from Penn National Gaming’s Penn Interactive Ventures of 16.5M shares, which works out to a 6.27% voting stake. PointsBet recently announced the launch of its market-leading...

Finance News
Gaming Realms swings back to profit

Gaming Realms expects full-year results will be in line with expectations after it made “exceptional progress” in the first half of the year. Revenue grew 50% in the first half...

Finance News
Sportech posts revenue growth despite challenging retail environment

Sportech Group continued to operate all business lines through most of the period before announcing the completion of the disposals of the Global Tote business to BetMakers Technology; the sale of...

Finance News
“Strong” first-half performance by OPAP

OPAP posted a 12% year-on-year (YoY) revenue increase for Q1 2021 to €570.1m. Gross profit from gaming operations was up by 30.2% to €248.8m. EBITDA came in at €143.5m up...

Finance News
BCLC enjoys record year as sales top $544 million

BCLC has released its 2020/21 financial performance in its Annual Service Report, highlighting record-setting revenues from its lottery and eGaming channels.  BCLC is focused on delivering entertainment in a socially responsible...

Finance News