Goldman Sachs is recognizing Jeremy Levine, CEO and Founder of Underdog Fantasy, one the fastest-growing sports gaming and media companies in the U.S., as one of the Most Exceptional Entrepreneurs...
Entain expects full-year profits to come in at the top end of guidance as strong growth in online gambling continues to offset a decline in bricks-and-mortar trade. The Ladbrokes owner’s...
Entain and Flutter Entertainment were trading 12.6% and 7.3% lower, respectively. As per media reports, Treasury officials are exploring proposals to raise between £900m and £3bn by increasing taxes on...
JMP Securities analyst Jordan Bender raised the firm’s price target on Flutter Entertainment to $287 from $255 and keeps an Outperform rating on the shares. Gaming has been a mixed bag year-to-date,...
RotoUnderworld, a technology company that analyzes statistical data for fantasy sports, announced today that it has raised $1.5 million in a pre-seed funding round to build the next-generation fantasy gaming platform. The...
PENN Entertainment said it expects third-quarter retail operations adjusted EBITDAR to be in the range of $465 million to $475 million. The company also raised its interactive adjusted EBITDA guidance for...
Sporttrade a Philadelphia-based sports betting operator is pleased to publicly announce that it has added strategic investor SIG Sports Investments Corp. In addition to providing substantial growth capital to the business through two...
Allwyn, a leading multi-national lottery operator headquartered in Switzerland, today announces that the Allwyn entity Allwyn International a.s. (“AIAS”) has relocated from the Czech Republic to Switzerland. Effective 1 October 2024, AIAS...
United Kingdom Prime Minister Keir Starmer and his Labour Party received tens of thousands of pounds worth of money as donations and corporate hospitality from betting companies and other senior figures...
Flutter, the world’s largest online betting company, said on Wednesday it expects to more than double its core profit by 2027 and that it had authorised a share buyback of...