Posts From: February 2025

New York mobile sports betting tops $2.4 billion in January  

After a record setting 2024, the Empire State started off 2025 at an accelerated clip. New York online sports bettors wagered $2,480,723,678  in January, topping the previous handle record in October...

Finance News
Superbet Group agrees €1.3 billion refinancing deal with Blackstone

With one of the fastest growing companies in the global technology and entertainment industry, Superbet Group is refinancing its global business with 1.3 billion euros. Six years after its first...

Finance News
Britain’s online gambling market tops £1.5 billion in Q4 2024

The total online Gross Gambling Yield (GGY) in the UK has increased 21 percent, compared to the same period last year, to £1.54 billion. The increase was mostly driven by...

Finance News
Svenska Spel reports flat revenue and profit

Svenska Spel is ending the year on a strong note. During the fourth quarter, the positive development for the Luck business area continues with the highest growth ever, and within...

Finance News
Betsson reports record year as revenue tops €1 billion

Betsson Group’s full year revenue was EUR 306.8 (251.9) million, an increase of 22%. Organic increase of 48%. Casino revenue increased by 17%. Sportsbook revenue increased by 36% and the...

Finance News
BlueBet announces trading halt ahead of acquisition and equity raising

BlueBet Holdings Ltd has requested a trading halt on its securities pending a significant announcement regarding a material acquisition and an equity capital raising transaction. This move signals a potential...

Finance News
Gaming Realms sets new revenue record in 2024

Gaming Realms the developer and licensor of mobile focused gaming content, is pleased to announce its pre-close trading update for the full year to 31 December 2024 (“FY24”). The Company...

Finance News
BETMGM set to reach revenue of $2.4 to $2.5 billion

BetMGM the sports betting and iGaming operator co-owned by Entain has reported its financial performance for Fiscal Year 2024, revealing a positive outlook for 2025. The company anticipates an EBITDA-positive...

Finance News
BetMakers Technology Group Reports financial turnaround amid strategic restructure

BetMakers Technology Group Ltd has reported significant improvements in its financial performance, driven by technology upgrades and restructuring efforts. The company has focused on lowering its cost base, exiting unprofitable...

Finance News
Australian political parties took more than $450,000 in donations from gambling firms

Political donations from gambling companies has surged, Unions were a significant cash cow for Labor while banks, consultants and legal firms donated across party lines. Gambling companies donated tens of...

Finance News