Posts From: June 2024

Allwyn revenue up 28% to €2.11 billion in first-quarter

Allwyn International has announced its preliminary unaudited financial results for the three months ended 31 March 2024 and provides an update on recent developments and current trading. Total Revenue of €2,108.6 million in Q1...

Finance News
Activist shareholder ups Entain stake to over 5%

Activist investor Eminence Capital has boosted its stake in Ladbrokes owner Entain to 5.8 per cent, making it the third biggest shareholder in the gambling giant. It follows Entain’s decision...

Finance News
Flutter Entertainment lands on TIME’s most influential companies list

Flutter Entertainment has featured on TIME’s list of the top 100 most influential companies 2024. The news magazine published its 2024 list on Thursday morning. It includes businesses from a wide variety...

Finance News
Danish Gambling Authority updates AML guidance

The Danish Gambling Authority has published a revised version of the Danish Gambling Authority’s Guidance on the Prevention of Money Laundering and Financing of Terrorism (the Anti-Money Laundering Guidance).  The...

Finance News
Stake.com billionaires buy more of Pointsbet Holdings stock

Australian tech tycoons Ed Craven and Bijan Tehrani – the visionary co-founders of cryptocurrency casino Stake.com, recently announced their intentions to increase their investment in PointsBet, an ascendant figure on...

Finance News
Spain online gambling revenue tops €350m in first-quarter

The GGR for the quarter was € 350.69 million, an increase of 11.23% quarter over quarter and 15.14% year over year. Regarding the rest of the main figures, deposits and withdrawals of the players,...

Finance News
Rivalry reports first-quarter betting handle of $94.7 million up 11%

Rivalry Corp, the leading sportsbook and iGaming operator for Gen Z, today announced financial results for the three-month period ended March 31, 2024. Gross gaming revenue was $7.7 million increased by...

Finance News
Online drives OPAP revenue surge in first quarter

OPAP S.A. the leading gaming operator in Greece, announces its consolidated financial results for the three-month period ended March 31st, 2024, prepared in accordance with International Financial Reporting Standards (IFRS). Gross...

Finance News
DraftKings stocks blitzed by Illinois tax hike

Shares of fantasy sports and betting company DraftKings fell 14% as betting stocks took a hit after the Illinois State Senate passed a bill proposing higher taxes on online sports...

Finance News
Paf reports record revenue up 7% to €177.1 million

The Nordic gaming company Paf’s annual report for 2023 shows that it has been a good year which means a good sum of Paf funds for society. Paf’s published customer...

Finance News