Posts From: November 2023

Entain shares dip on lower third-quarter profit margins

Entain on Thursday lowered its profit margin forecast for the year after it posted a drop in gaming revenue in the third quarter, hurt by adverse sporting results and regulatory pressures,...

Finance News
PENN Entertainment reports strong online revenue in Q3

PENN Entertainment on Thursday reported a loss of $724.8 million in its third quarter. PENN reported Q3 revenues of $1.62 billion, with a net loss of $725.1 million. The company’s...

Finance News
Britain’s online gambling yield hits £1.2bn in Q2

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 September 2023, inclusive, and...

Finance News
Flutter Entertainment pledge £500k to Mixed Ability Sports

Following on from last weekend’s dramatic Rugby World Cup Final, Flutter Entertainment is pleased to announce a three-year partnership worth c.£500,000 with International Mixed Ability Sports (IMAS) – the champion...

Finance News
Bally’s third-quarter revenue tops $633 million

Bally’s today reported financial results for the third quarter ended September 30, 2023. Bally’s reported revenue of $633.5 million, an increase of 9.4% year-over-year. International Interactive revenue of $243.9 million, up 7.2% year-over-year, driven...

Finance News
Online drives Lottomatica Q3 revenue

Lottomatica Group’s nine month revenue was €1.2 billion and €426 million EBITDA, with solid third quarter results driven by online market share growth across all product and brand segments. GGR3...

Finance News
BetMakers revenue jumps by 9%

BetMakers Technology Group is pleased to provide this activity report for the quarter ended 30 September 2023 (Q1 FY24). Solid revenue was achieved in Q1 FY24, up 9.3% to $26.1...

Finance News
Rhode Island sports betting handle rises in September  

Revenue from sports betting in Rhode Island was  $37.6m in September according to the state’s gaming financial statements published in an annual report Tuesday by the office of the Auditor General.  Even...

Finance News
Churchill Downs posts record revenue in third-quarter of 2023

Churchill Downs today reported business results for the third quarter ended September 30, 2023. Record net revenue was $572.5 million, up 49% compared to the prior year quarter.Net income of $61.0...

Finance News
Betsson reports record breaking third-quarter earnings

Betsson announces new record numbers and the seventh quarter in a row with sequential growth in revenue and earnings Group revenue was EUR 237.6 (200.3) million, an increase of 19%. Organic...

Finance News