Posts From: August 2023

The Future of Online Casinos: Navigating Challenges and Embracing Innovation

The online casino landscape is expanding at an unprecedented rate, presenting us with abundant opportunities for growth and success. However, with every new horizon comes a unique set of challenges...

Finance News
Stats Perform extends Football DataCo deal

Stats Perform, home of pioneering sports data brand Opta, today announced it has extended its 10 year-long exclusive official rights deal with Football DataCo until the end of the 2024/25 season to collect detailed...

Finance News
Acroud revenue hits record high in second quarter

Acroud’s second quarter revenue amounted to an all-time high of EUR 10 281 (7 200) thousand, corresponding to a growth of 43% and an organic growth of -26.5%. Adjusted EBITDA...

Finance News
GAN narrows losses to $18.4m in second quarter

GAN today reported its unaudited financial results for the quarter ended June 30, 2023. Total revenue of $33.8 million decreased $1.2 million compared to the prior year quarter. B2B segment revenue was $9.9 million versus $14.2 million. The decrease...

Finance News
NeoGames second-quarter revenue surges 98%

NeoGames second quarter revenues and the company’s share in NPI revenues was $62.0 million , compared to $31.3 million during the second quarter of 2022, representing a 98.2% increase from...

Finance News
Entain puts aside £585 million to settle bribery probe

Entain has taken a £585million provision for a potential settlement following a bribery investigation by HM Revenue & Customs. The investigation included a review of the gambling firm’s former Turkey-facing...

Finance News
PENN Entertainment reports 3% Q2 revenue increase 

Penn Entertainment reported a better-than-expected quarterly profit on Wednesday, as visitors return to its casinos and demand for online sports betting rises. Shares of the company rose 15% in premarket hours....

Finance News
New York Sports Betting Revenue jumps 43% Year-Over-Year

The state of New York more than lived up to the hype in its first full year, occasionally producing pinball-like numbers while quickly seizing the No. 1 spot across the board among...

Finance News
Flutter swings back to first-half profit with impressive US revenue

Flutter Entertainment has announced interim results for six months ended 30 June 2023. Group revenue of strategic goals drove Flutter’s growth engine; strong H1 player momentum with average monthly players (“AMPs”) +28%, driven...

Finance News
Playtika reports second-quarter earnings in line with expectations

Playtika Holding on Tuesday reported second-quarter profit of $75.7 million. Revenue of $642.8 million decreased (2.0)% sequentially and (2.5)% year over year. Net income of $75.7 million decreased (10.0)% sequentially and increased 108.0% year...

Finance News