Posts From: April 2024

New York sports betting handle tops  $19.6 billion

New York online operators took in more than $19.6 billion for the financial year. The just-released report for sports gaming from the New York State Gaming Commission reveals that $1.35 billion in bets were accepted...

Finance News
Rivalry full year revenue tops $35m

Rivalry has announced preliminary and unaudited financial results for the three and 12-month periods ended December 31, 2023. Betting handle was $423.2 million in the year ended December 31, 2023,...

Finance News
GiG Media & Platform business issued to shareholders

Gaming Innovation Group announced a strategic split of its Media and Platform businesses by distributing GiG Platform to its shareholders. As part of this process, the nomination committee of GiG...

Finance News
UK Gambling Commission launches ‘Gambling Regulation in a Digital Age’ strategy

Titled ‘Gambling Regulation in a Digital Age’. The strategy underlines the Commission’s commitment to deliver on the decisions set out in the Government’s White Paper High Stakes – Gambling reform for the...

Finance News
Dutch online gambling market reports €1.39 billion in revenue

The Dutch legal market for online gambling will have grown again in 2023. The gross gaming result (BSR; stake minus prizes paid) has increased; this growth is significantly less than...

Finance News
ZEAL Ventures leads financing round in prize draw platform DAYMADE

ZEAL has led a financing round in the successful UK prize gaming platform DAYMADE at a valuation of 12 million Euro via its Ventures division. In addition to ZEAL Ventures, other existing...

Finance News
K&F advises Bally’s to reject Standard General’s ‘undervalued’ buyout offer

K&F Growth Capital, an asset management firm and shareholder of Bally’s Corporation, has publicly recommended that the Special Committee of Bally’s Board of Directors reject an acquisition proposal from Standard...

Finance News
NeoGames extends SAZKA partnership

NeoGames has announced a three-year contract extension with its long-standing Czech lottery customer, SAZKA, with the agreement to remain in effect until the end of 2028. SAZKA, a part of...

Finance News
Gaming Realms revenues up by a quarter as Slingo delivers again

Mobile games developer Gaming Realms has cheered a 47% surge in annual profits after notching up record sales thanks to further global releases of its Slingo franchise. The group, which...

Finance News
Nuvei goes private in $6.3 billion sale to Advent International

Private equity firm Advent International has agreed to buy Nuvei in an all-cash deal that values the Ryan Reynolds-backed payments technology firm at $6.3 billion. The deal, announced on Monday, will...

Finance News