Posts From: February 2024

EveryMatrix achieves record-breaking revenue surge above 50%

EveryMatrix has registered the strongest financial results in its 16-year history setting record growth and profitability including 56% quarterly profit margin for Q4 2023 – its third consecutive quarter above...

Finance News
Rank Group posts uplift in first half revenue

Rank Group’s half year like-for-like net gaming revenue in H1 was up 9% year-on-year with all businesses seeing an increase in revenue. LFL underlying operating profit increased to £21.7m (H1...

Finance News
Britain’s online gambling yield up 4% to £1.3 billion

The UK Gambling Commission has published further data on the gambling industry in Great Britain.  This data, sourced from operators, reflects the period between March 2020 and December 2023, inclusive,...

Finance News
Record quarter for PointsBet as net win surges 11%

PointsBet Holdings Limited today reported its Q2 FY24 Quarterly Activities Report (Appendix 4C). All numbers referred to below are unaudited and in Australian dollars. Net Win of $69.9m up 11%.Record quarterly...

Finance News
Flutter’s shift to main listing in US is a blow to London Stock Exchange

The Ireland-based gambling group said a primary US listing would offer “access to much deeper capital markets” as well as new investors across the Atlantic.  The board plans to retain...

Finance News
GamePLAI announces £1.5 million funding round led by former Pinnacle director

GamePLAI, an emerging supplier of automated trading products for global sportsbooks, has secured funding from a group of heavyweight industry names, including Pinnacle’s former trading director Marco Blume, as it...

Finance News
PlayGreen raises $6m in funding

PlayGreen has raised $6 million in funding to expand its sports betting business in Latin America. Brazil-based PlayGreen, a sports media and gaming company, said that Vice Ventures led the funding round. The...

Finance News
Flutter debut on New York Stock Exchange amid US gambling boom

Flutter is pleased to announce today, 29 January 2024, the listing of the Company’s ordinary shares on the New York Stock Exchange (“NYSE”). Flutter also confirms that the cancellation of...

Finance News
Bet365 family’s whopping £375m tax bill is third highest in UK

The Coates family who run gambling empire Bet365, was Britain’s biggest taxpayer last year, according to the Sunday Times Tax List. They are among 100 wealthy individuals or families revealed in...

Finance News
Playmaker Capital shareholders approve acquisition by Better Collective

Playmaker Capital the digital sports media company that delivers authentic content experiences through its portfolio of sports media brands, is pleased to announce that holders of its common shares have...

Finance News