Posts From: November 2024

PENN Entertainment third quarter revenue leaps to $1.64 billion

PENN Entertainment today reported financial results for the three and nine months ended September 30, 2024. During the quarter revenue was of $1.4 billion, adjusted EBITDAR of $471.7 million; and adjusted EBITDAR margins...

Finance News
bet-at-home.com gross revenue up 9% to €37.6 million

The bet-at-home.com AG Group announces financial results for the first three quarters of 2024. Gross betting and gaming revenue in the first three quarters of 2024 increased by 8.9% year-on-year to...

Finance News
Bally’s reports Q3 revenue and updates FY 2024 outlook

Bally’s today reported financial results for the third quarter ended September 30, 2024. Third Quarter revenue was $630.0 million, a decrease of 0.4% year-over-year. Casinos & Resorts revenue of $353.4...

Finance News
DraftKings third-quarter revenue surges 39% to $1,095 million

DraftKings has announced results for the third quarter of 2024. For the three months ended September 30, 2024, DraftKings reported revenue of $1,095 million, an increase of $306 million, or...

Finance News
Super Group posts record quarterly revenue

Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced second quarter 2024 unaudited consolidated financial results....

Finance News
Robinhood election trade revenue set to top $2 billion

Barclays keeps an Equal Weight rating on Robinhood (HOOD) with a $23 price target after the company said it will be adding election contracts to its platform. While the near-term revenue upside...

Finance News
Danish gambling revenue hits DKK553 million in September

Danes’ gambling spend decreased in September 2024 compared with the same month last year. Data from the Danish Gambling Authority shows that the spending on online casino increased, while on...

Finance News
Britain’s online gambling yield up 11% to £1.32 billion

The UK Gambling Commission has published further data on the gambling industry in Great Britain.  This data, sourced from operators, reflects the period between March 2020 and September 2024, inclusive,...

Finance News
PointsBet boosts yearly earnings after solid Q1 results

PointsBet Holdings has reported steady growth in Q1 FY25, driven by a balanced approach of market expansion and cost optimisation. PointsBet operates across Australia, the United States, and Canada, with...

Finance News
Online drives Lottomatica third-quarter revenue to €27.8 billion

Lottomatica Group Spa announced Wednesday that its board of directors approved the consolidated interim financial statements for the nine months ended Sept. 30, reporting total revenue for the period of...

Finance News