Posts From: January 2025

Danish gambling revenue tops DKK650 million in November

Danes’ gambling spend increased in November 2024 compared with November 2023. The statistics show that all gambling categories saw an increase in gross gaming revenue. Online casino especially contributed to...

Finance News
bet365 family’s massive £265m tax bill is third biggest in the UK

The Coates family are the third biggest taxpayers in the UK, latest figures show. An eye-watering tax bill of £265m means Denise, John and Peter Coates – the family behind...

Finance News
Pennsylvania gambling revenue tops $6 billion in 2024

Pennsylvania gambling revenues soared to record heights in 2024, exceeding $6 billion for the first time thanks primarily to growth in online gaming. Income hit these highs despite declining revenue...

Finance News
Allwyn announces repricing and upsizing of its loan facility

Allwyn International a leading multi-national lottery operator, announces the repricing of its USD 450 million term loan B facility due in 2031 (“TLB”) and syndication of a USD 100 million fully fungible...

Finance News
Super Group ups guidance after solid Q4

Super Group the parent company of Betway, a leading online sports betting and gaming business and Spin, the multi-brand online casino, today provided an update on its preliminary, unaudited fourth...

Finance News
EveryMatrix reports record fourth quarter and fiscal year 2024 results

EveryMatrix, the iGaming industry’s fastest growing technology provider, has achieved historic quarterly and annual financial results with record revenues, its greatest ever growth and soaring profitability. The global tier-1 provider’s...

Finance News
Evoke shares surge as revenue tops expectations

Evoke PLC said full-year earnings for 2024 will surpass market expectations, with strong double-digit revenue growth in the fourth quarter driven by its online business. The group, whose stable also includes 888 and...

Finance News
Entain shares jump after reiterating FY24 guidance

Entain came out to defend itself after seeing its shares fall 10% last week on the back of warnings from rivals about customer-friendly sports results. The FTSE 100-listed owner of...

Finance News
Flutter takes $400m hit as punters win big on American Football

Flutter Entertainment downgraded its US guidance on Wednesday, citing unfavourable sports results. Flutter said that following its third-quarter earnings on 12 November, continued strong US player momentum has been offset by...

Finance News
Denise Coates paid £150 million by Bet365

Bet365 boss Denise Coates maintained her position as one of the UK’s top-paid executives last year after taking home more than £150 million. However, the billionaire betting boss gave herself a heavy...

Finance News