Posts From: February 2025

BlueBet announces trading halt ahead of acquisition and equity raising

BlueBet Holdings Ltd has requested a trading halt on its securities pending a significant announcement regarding a material acquisition and an equity capital raising transaction. This move signals a potential...

Finance News
Gaming Realms sets new revenue record in 2024

Gaming Realms the developer and licensor of mobile focused gaming content, is pleased to announce its pre-close trading update for the full year to 31 December 2024 (“FY24”). The Company...

Finance News
BETMGM set to reach revenue of $2.4 to $2.5 billion

BetMGM the sports betting and iGaming operator co-owned by Entain has reported its financial performance for Fiscal Year 2024, revealing a positive outlook for 2025. The company anticipates an EBITDA-positive...

Finance News
BetMakers Technology Group Reports financial turnaround amid strategic restructure

BetMakers Technology Group Ltd has reported significant improvements in its financial performance, driven by technology upgrades and restructuring efforts. The company has focused on lowering its cost base, exiting unprofitable...

Finance News
Australian political parties took more than $450,000 in donations from gambling firms

Political donations from gambling companies has surged, Unions were a significant cash cow for Labor while banks, consultants and legal firms donated across party lines. Gambling companies donated tens of...

Finance News
PointsBet narrows FY2025 EBITDA guidance to $11M-$14M

PointsBet Holdings has reported flat net win revnue of AU$69.9 million for its financial second quarter ended 31 December. Revenue guidance for FY2025 was revised downward from $280 million-$290 million...

Finance News
Evolution Gaming shares slide following Q4 earnings

Shares of Evolution Gaming fell by 8% yesterday after the company disclosed its financial results for the fourth quarter of 2024.  Despite reporting a 12.3% increase in net revenue to...

Finance News
BlueBet Holdings turnover surges 131% in fiscal Q2

BlueBet Holdings has reported turnover of AU$357 million in the fiscal second quarter ended Dec. 31, 2024, up 131% from AU$154.8 million last year, according to a Thursday filing with...

Finance News
Rank boosts full-year profit guidance, profits surge 55%

Rank Group boosted its full-year guidance on Thursday, following strong trading over the Christmas and New Year holidays. The owner of Mecca Bingo and Grosvenor Casinos, as well as a...

Finance News
Len Blavatnik ‘pumps further $827m’ into DAZN

The Financial Times has revealed the numbers in an interview with DAZN CEO Shay Segev, in which Segev also says that the company is now profitable in most of its top ten...

Finance News