Posts From: February 2024

BetMGM on track after top-end 2023 revenue

BetMGM LLC one of the leading sports betting and iGaming operators across North America, jointly owned by Entain plcand MGM Resorts International has provided an update on performance for FY...

Finance News
Svenska Spel full year revenue in line with expectations

Svenska Spel’s focus on sustainable gaming continues to have an effect during the fourth quarter with an increase in the share of healthy revenues and the number of sustainable customers....

Finance News
Super Bowl bets could hit a record $23.1 billion

A record 67.8 million American adults (26%) are expected to bet on Super Bowl LVIII, a 35 percent increase from 2023, according to a new American Gaming Association (AGA) survey. Bettors plan...

Finance News
Jefferies names Flutter as top European gaming stock

Jefferies Group one of the world’s leading full-service investment banking and capital markets firms has named Flutter Entertainment as its top UK pick in the European gaming sector. In a report on...

Finance News
Gaming Realms expects revenue above market expectations

Gaming Realms the developer and licensor of mobile focused gaming content, is delighted to announce its pre-close trading update for the full year to 31 December 2023 (“FY23”). The Company...

Finance News
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