Posts From: August 2025

evoke first-half revenues rise 3% to £888m

evoke Plc reported its H1 2025 interim results, showcasing a fourth consecutive quarter of uplift in revenue and improved profitability with a 44% increase in Adjusted EBITDA. The company achieved...

Finance News
Bally’s second-quarter revenue up 5.8% to $657.5 million

Bally total revenue for the post-merger three months ended June 30, 2025 of $657.5 million increased 5.8%, or $35.9 million, from $621.7 million in the pre-merger three months ended June...

Finance News
Entain lifts guidance after net gaming revenue rises

Global sports betting and gaming group Entain reported better-than-expected first-half results on Tuesday, with total group net gaming revenue up 7% to £2.63 billion and underlying EBITDA rising 11% to...

Finance News
Levr Bet secures $3m to build leveraged sports betting platform 

Levr Bet, has announced it has completed a $3 million round led by Blockchain Capital and Maven 11 for the world’s first leveraged sports betting platform. Building on Monad, the seed round...

Finance News
Novig secures $18 million in funding to scale peer-to-peer sports prediction market

Novig, the leading peer-to-peer sports prediction market in the United States, today announced the successful close of an $18 million Series A funding round. The round was led by Forerunner,...

Finance News
Flutter upgrades full-year forecast as FanDuel steals the show

Flutter Entertainment, the Dublin-headquartered owner of FanDuel, has upgraded its forecast for full-year profit growth following a turnaround in US betting fortunes during the second quarter. After a six-month winning...

Finance News
North Carolina sports handle tops $6 billion

North Carolina sports betting reached approximately $6.4 billion in total wagers for the last fiscal year, according to the North Carolina State Lottery Commission, putting the total handle at almost $8.4...

Finance News
Virginia Lottery announces record revenues, payouts

The Virginia Lottery pulled in more than $901 million for public schools in fiscal year 2025, Gov. Glenn Youngkin announced this week. That money, which by law goes straight to...

Finance News
Penn Entertainment exceeds Q2 expectations

PENN Entertainment, Inc. reported strong financial results for the second quarter of 2025, with significant contributions from its interactive segment, which achieved record gaming revenue. The company highlighted stable customer...

Finance News
Former Prime Minister Gordon Brown backs gambling tax reform 

Gordon Brown has urged ministers to hike taxes on online casinos and slot machines to cover the cost of lifting children out of poverty. Reforms to gambling taxes could generate...

Finance News