Posts From: February 2024

Playtika Q4 revenue hits $637.9 million

Playtika Holdings recorded higher revenue but lower earnings in the fourth quarter as costs rose and its average daily paying user count declined year-over-year. The Israel-based mobile gaming company posted...

Finance News
Pointsbet Holdings reports first-half revenue rise

PointsBet Holdings Limited today reported earnings results for first half 2024, the company reported revenue of $101.7m, up 7% vs PCP, a record half and a gross profit of $50.1m,...

Finance News
Sports betting and online casino drive ATG full-year revenue to SEK 5.3 billion

Increased net gaming revenue, reduced costs and thus an improved result for ATG®. This is clear when ATG presents its year-end statement for 2023. Considering that 2023 started really tough,...

Finance News
Illinois eyes 35% sports betting Tax Hike

Gov. JB Pritzker called to more than double the Illinois sports betting tax rate to 35% as part of his $52.7 billion Fiscal Year 2025 budget presented to the public Wednesday. Though Pritzker did...

Finance News
Tabcorp sees first half revenue slide 5%

Tabcorp’s first half revenue slid 5 per cent to $1.2 billion and group earnings fell 14 per cent to $170 million figures that reflect the broader challenges facing the Australian...

Finance News
Online drives Bally’s full year revenue up 8.6% to $2.45bn

Bally’s today reported financial results for the fourth quarter and full year ended December 31, 2023. Revenues were $611.7 million, up 6.1% year-over-year and up 8.6% for the full year....

Finance News
Kinectify secures new funding from Aristocrat

Kinectify, a pioneering technology firm spearheading risk management innovation in gaming, has announced an incremental investment by Aristocrat Leisure. Aristocrat’s investment in Kinectify is joined by current investors contributing additional...

Finance News
New Hampshire Lottery partnership with DraftKings generates $100 million for public education

The New Hampshire Lottery and DraftKings are celebrating four successful years of sports betting by marking a major milestone. Since its inception in December 2019, the New Hampshire Lottery has...

Finance News
US gaming industry surpasses $6.6bn in 2023 revenue

U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total surpasses 2022’s previous high of...

Finance News
Gibraltar Minister meets senior gambling sector leaders as part of wider outreach programme

Over the past few weeks, the Minister for Justice Trade and Industry, Nigel Feetham has met with a number of senior leaders from the gambling sector in Gibraltar.  These have...

Finance News