Posts From: July 2024

Jefferies lifts target price on FanDuel owner Flutter

Jefferies has reiterated a ‘buy’ rating on Flutter Entertainment, setting a price target of 22,000p. Despite increased gaming taxes in Illinois potentially impacting earnings, the American investment bank is optimistic about the...

Finance News
Gambling participation in the UK remains stable at 48% of adults

The data being released today is the second edition of the UK Gambling Commission’s Gambling Survey for Great Britain (GSGB) conducted by NatCen. A nationally representative sample of 5003 adults...

Finance News
Super Group pays its first dividend to shareholders

Super Group the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced that its Board of Directors has initiated...

Finance News
XLMedia reports U.S. online sports betting boost

XLMedia saw a solid start to the year in Europe and North America. North Carolina launched online sports betting on 11 March 2024, after the NFL season had finished, which saw good growth in customer registrations...

Finance News
DraftKings invests in startup LinQ 

LinQ’s founders unveiled major plans to tap into the growing multi-billion dollar online Real Money Game sector at the end of 2023, following their $1.5 million pre-seed round led by a16z SPEEDRUN....

Finance News
Danish gambling revenue tops €76 million in May

The Danish Gambling Authority has released statstics for May 2024. The figures show that the total gambling spend on betting, online casino, gaming machines and land-based casino decreased in May...

Finance News
Just 20% of UK bets on EURO 2024 back the Three Lions, according to Entain

Just one fifth of UK fans betting on EURO 2024 are backing the Three Lions despite England securing the #1 spot in Group C, new data from Entain shows. In...

Finance News
10 Ways Even Experienced Operators Can Lose Profits

In iGaming, success isn’t just about luck—it’s about mastering the nuances, understanding player psychology, and delivering an experience that keeps them coming back for more. Join Uplatform as they explore...

Finance News
Mississippi sports wagers up by 1% in May

Mississippi sports betting revenue in May was up 1% to f $27.0 million  This time, Mississippi sportsbooks likely took a hit from local teams, while casinos nationally rebounded last month. Magnolia State books held...

Finance News
Lottery drives Danske Spil’s first quarter revenue surge

The Danske Spil Group achieved a total BSI of DKK 1,244 million and a result after tax of DKK 510 million. DKK per 31 March 2024. This is an improvement...

Finance News