Posts From: November 2023

Pointsbet on track to deliver revenue forecast

Brett Paton, Chairman, Ponitsbet 2023 AGM, speech to shareholders at the Annual General Meeting today. A lot has happened since I addressed you at our 2022 Annual General Meeting. The...

Finance News
Goldman downgrades Entain to ‘sell’, slashes price target

Goldman Sachs has downgraded Entain to sell from buy saying that the company has been having problems with growth due to a combination of regulatory headwinds, competition, market dynamics, and...

Finance News
Lottomatica sells new investment-grade bonds to fund SKS365 acquisition

Lottomatica’s joint stock company (societàperazioni) established under the laws of the Republic of Italy (and a wholly owned subsidiary of Lottomatica Group S.p.A. has announced today its intention to issue and...

Finance News
Entain agrees to pay £585m after bribery investigation

Entain will pay penalties of more than half a billion pounds after a probe into alleged bribery at a former Turkish subsidiary. Entain said it had reached an agreement with...

Finance News
Activist investors pile pressure on Entain

Entain shares spiked on reports that it faces growing investor unrest from activist investors. Following the shares recently sinking to a three-year low below 840p, two more US activist hedge funds...

Finance News
Golden Matrix Group reports record revenues of $44 million

Golden Matrix Group a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced that pursuant to preliminary revenue estimates, it achieved record...

Finance News
OPAP third-quarter GGR revenue up 8%

OPAP the leading gaming operator in Greece, announces its consolidated financial results for the nine-month period ended September 30th, 2023. OPAP’s revenues (GGR) in 9M 2023 increased by 8% y-o-y reaching €1,506.5m...

Finance News
Oregon Lottery breaks record as annual sales top $310 million 

The Oregon Lottery will return nearly $900 million to the state for the 2023 fiscal year, down slightly from the previous year due to an increase in operating costs.  Unclaimed...

Finance News
New Jersey reports record revenue in October

New Jersey’s casinos, racetracks that take sports bets and their online partners won over $423 million in October, up 6.6% from a year earlier, according to figures released Friday by...

Finance News
Rivalry secures $14 million strategic equity investment

Rivalry has announced a non-brokered private placement offering of convertible debentures, and the closing of the first tranche of such offering for aggregate gross proceeds of $14,000,000. The investment comprising...

Finance News