Posts From: January 2024

LiveScore Group full year revenue tops £129 million

LiveScore Group has posted a 48% increase in annual revenue to £129.7 million for the year ended 31 March 2023. Virgin Bet, Livescore Bet and Livescore Media continue to contribute...

Finance News
Bet365 chief Denise Coates’s salary rises to £221mn

Bet365 pocketed more than £270m last year in another huge payday for the founder of the Stoke-on-Trent-based gambling company. Denise Coates, who set up Bet365 in a portable building in...

Finance News
New York mobile sports betting revenue hits new records

The mobile sports wagering industry has raked in nearly $3 billion in revenues in New York in the first two years since it was legalized in New York. The New...

Finance News
Amazon ‘weighing up’ Diamond Sports Group investment

Amazon is in talks with Diamond Sports Group operator of Bally Sports regarding a strategic investment into the beleaguered regional sports giant, according to Wall Street Journal. An investment from...

Finance News
Penn Entertainment stock up 7% on potential board shake-up

HG Vora Capital Management, a major shareholder in Penn Entertainment with an 18.5% economic interest, is reportedly engaged in discussions with the casino operator regarding board representation.  The hedge fund, as...

Finance News
Yolo Investments launches new €100 million fund

Yolo Investments has announced the launch of its new flagship investment fund, targeting a capital raise of €100 million, as it further expands its fast-growing ecosystem of investments across gaming, blockchain,...

Finance News
Ohio sports wagers top $746 million in October

Ohioans have now placed more than $4 billion worth of bets on sports gambling in 2023, though July was the slowest month for sports betting so far this year. Combined...

Finance News
Virginia gaming revenue tops $51 million in November

Revenues totaled $51.2 million in November, according to Virginia Lottery data released Friday. Virginia’s first casino, the Bristol Casino: Future Home of Hard Rock temporary facility, opened July 2022. The Virginia...

Finance News
Loto-Québec first half revenue tops $1.41 billion

Loto-Québec announced results for the first half of the 2023–2024 fiscal year that are in line with its normal growth trajectory. The corporation posted total revenues of $1.412G and a...

Finance News
Entain stocks soar as fourth New York activist fund takes 4.4% stake

Corvex Management LP today announced that funds affiliated with Corvex recently acquired approximately 28 million shares of Entain PLC representing approximately 4.4% of the total shares outstanding. Corvex issued the following statement...

Finance News