Posts From: May 2024

Denmark reports record DKK1.76 billion in first-quarter revenue  

The total gambling spend on betting, online casino, gaming machines and land-based casinos amounted to DKK 627m in March 2024. This corresponds to an increase of 4.6 per cent compared...

Finance News
Playtika net income down 0.8% in Q1

Playtika Holding reported $651.2 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.8%. EPS of $0.15 for the same period compares to $0.23 a...

Finance News
Stake.com reports betting surge during IPL after adding Indian rupees

Stake.com has witnessed unprecedented levels of sports betting activity during the 2024 Indian Premier League (IPL). The operator customised its global sportsbook for cricket-crazy customers this season by enabling deposits in...

Finance News
DoubleDown Interactive reports strong first quarter

DoubleDown Interactive aa leading developer and publisher of digital games on mobile and web-based platforms, today announced its unaudited financial results for the first quarter ended March 31, 2024. The...

Finance News
Super Group reports record Q1 as revenue tops €379 million

Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, has announced first quarter 2024 unaudited consolidated financial results....

Finance News
Enteractive secures investment from Bettor Capital

Enteractive, the leader in player conversion and reactivation services to online sportsbook and casino operators, has welcomed Bettor Capital, the investment firm focused on backing best-in-class technology suppliers to the...

Finance News
GIG reports €36.2m in Q1 revenue

GiG reported revenues (GiG Media) at all-time high of €28.0m (18.4), an increase of 52% (21% organic), with an EBITDA of €13.5 (8.0). The group, including Platform & Sportsbook achieved...

Finance News
DraftKings revenue surges 53% to $1,175 million

DraftKings today announced its first quarter 2024 financial results. The company also posted a first quarter 2024 business update and an earnings. For the three months ended March 31, 2024, DraftKings...

Finance News
PENN Entertainment reports quarterly revenue below estimates

PENN Entertainment missed analysts’ expectations in Q1 CY2024, with revenue down 4% year on year to $1.61 billion. It made a GAAP loss of $0.76 per share, down from its...

Finance News
Flutter shareholders vote in favour of US primary listing

Flutter Entertainment shareholders voted on Wednesday in favour of moving the Paddy Power owner’s primary listing to New York from London. At the annual general meeting in Dublin, the resolution was...

Finance News