Posts From: August 2024

Entain shares surge on H1 results

Sports betting and gaming group Entain has lifted its full-year guidance after a stronger-than-expected second quarter along with the revised timing of regulatory implementation in Brazil and the Netherlands, causing shares to...

Finance News
Playtika sees Q2 revenue drop 3.7% to $627.0 million

Playtika Holding today released financial results for its second quarter for the period ending June 30, 2024. Revenue was $627.0 million decreased (3.7)% sequentially and (2.5)% year over year.. DTC...

Finance News
Super Group reports record Q2 as revenue reaches €414.7 million

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
Banijay Group record-level Q1 leads to €2,093m revenue for first half

Banijay Group has reported a 9% increase in revenue to €2,093m in H1 2024. Adjusted EBITDA up +11.7% to €368m, Adjusted EBITDA margin of 17.6% up 60bp vs H1 2023 Adjusted...

Finance News
Bet365 to divest shares from Stoke City FC

Stoke City’s ownership structure has been changed with the Championship club ‘demerged’ from bet365. It is a move which means John Coates now owns the controlling stake in the Potters outright, one...

Finance News
DraftKings Q2 revenue jumps 26% to $1.1bn 

DraftKing has announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase of an aggregate of up to $1.0 billion of its Class...

Finance News
Betby hits record revenue high in first-quarter

BETBY, a leading provider of sportsbook solutions, experienced a robust first half of 2024, with overall sportsbook turnover increasing by 192% compared to the same period last year. This remarkable...

Finance News
bet-at-home.com revenue bounces back in Q1

The bet-at-home.com AG Group announces financial results for the first six months of 2024. Gross betting and gaming revenue in the first half 2024 increased by 4.9% year-on-year to EUR...

Finance News
BlueBet reports record Q4 revenue and strong earnings 

BlueBet delivered record quarterly Q4 Turnover of $162.5 million, up 19.8% on the prior corresponding period (PCP), driven by continued market share gains in Australia and the US. Net Win...

Finance News
Bally’s second-quarter revenue hits $621.7 million up 2.5%

Bally’s today reported financial results for the second quarter ended June 30, 2024. Company-wide revenue was $621.7 million, an increase of 2.5% year-over-year. Casinos & Resorts revenue of $343.1 million,...

Finance News