Posts From: May 2024

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
Better Collective first-quarter revenue up 8% to €95m

Better Collective first-quarter group revenue increased by 8% to 95 mEUR (Q1 2023: 88 mEUR) with organic growth down 6%. The growth was attained despite extraordinary performance last year, which included...

Finance News
DC Lottery & Gaming reports strong performance from new mobile sportsbook operator FanDuel

The DC Office of Lottery and Gaming (OLG) announced a successful transition to FanDuel as its new sports wagering platform. During its first 30 days of operation, the FanDuel mobile...

Finance News
Entain set to offload Georgia buisness following strategic review

Entain, the global sports betting and gaming group, announces the conclusion of a strategic review by the Board’s Capital Allocation Committee of Entain’s portfolio of markets, brands and verticals, which...

Finance News
Allwyn trades in line with expectations

Allwyn’s Revenue from gaming activities (GGR) increased significantly year-on-year in Q1 2024, with solid GGR momentum across most markets, reflecting continued focus on driving organic growth, in addition to a...

Finance News
PointsBet ups guidance as revenue rises in first quarter

PointsBet Holdings announces that, as a result of continued strong year-to-date trading in H2 FY24, and increased operational efficiency and productivity, the Company upgrades its expected Normalized EBITDA1 loss for FY24 to be...

Finance News
Bet365 boss Denise Coates takes home almost £300m pay packet

Denise Coates has been named Britain’s youngest female billionaire while also being the only female in the top 10 richest. Ms Coates was paid about £300 million in the year...

Finance News