Posts From: June 2024

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
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