Posts From: October 2024

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
UK government avoids raising remote gaming tax until Autumn budget

Shares in betting firms leapt after Wednesday’s budget contained no rumoured tax changes. Earlier this month, the Guardian suggested that the Treasury was considering proposals to increase gaming duty from...

Finance News
Tekkorp Capital reveals Africa-focused venture

Tekkorp Capital, the leading global betting and gaming investment and advisory boutique, is delighted to announce Conor O’Donovan is joining to lead its African business, in response to the rapidly growing...

Finance News
BlueBet Holdings refocuses strategy on Australian market

BlueBet Holdings has provided an update on its US market exit. Since announcing its decision to exit the US market on 29 August 2024, BlueBet has made excellent progress, having...

Finance News
Better Collective drops Q3 guidance for FY 2024

Following an assessment of preliminary Q3 performance, including the first six weeks of high season in the US market, Better Collective is providing a trading update and adjusting its financial...

Finance News
ATG reports third-quarter revenue jump to SEK4 billion

ATG®’s net gaming revenue for the period January–September was four billion kroner, an increase of 2 percent and the highest ever for the group. We are in the plus over...

Finance News
Betsson Group shares surge on strong Q3

Betsson’s Group Q3 revenue was EUR 280.1 (237.6) million, an increase of 18%. Organic increase of 51%. Casino revenue increased by 22%. Sportsbook revenue increased by 8% and the sportsbook...

Finance News
High Roller Technologies announces pricing of its initial public offering

High Roller Technologies said that it priced its initial public offering of 1.25 million shares of the company’s common stock at a public offering price of $8.00 per share, for...

Finance News