Posts From: October 2023

888 CEO Per Widerstrom buys £950,000 in shares

888 Holdings Gibraltar-based betting operator with William Hill and Mr Green brands – Chief Executive Officer Per Widerstrom buys 1.1 million shares at 84.3 pence each, worth GBP948,829, in London...

Finance News
Sports betting and online gaming drive FDJ’s third-quarter revenue

FDJ’s Q3 revenue was €1,875m on a like-for-like basis, revenue rose by +1% and by 5% excluding Amigo and Euromillions, a solid performance in line with the first half. At...

Finance News
Rank Group expects to deliver full year profit in line with expectations

Rank Group said its first-quarter revenue grew driven by higher visitor numbers and gaming revenue, and despite a challenging environment. The gambling group–which houses the Grosvenor casino and Mecca bingo...

Finance News
888 pens lower revenue on tougher gambling rules

888 Holdings said that third-quarter revenue fell as it invested in the business, and backed its fourth quarter and full-year guidance. The London-listed online betting-and-gaming company–which houses its namesake 888...

Finance News
New Jersey online wagers near-record levels

Sports betting and online gambling were at near-record levels in New Jersey in September, and nearly half of the Atlantic City casinos won more money from in-person gamblers than they...

Finance News
Esports Entertainments shares slump as revenue falls

Esports Entertainment Group, a global iGaming company and B2B esports solutions provider, published its financial results for the fiscal year ending on June 30, 2023. Revenue: $23.0 million for the fiscal...

Finance News
Tabcorp wagering revenue falls, shares plunge 10%

Tabcorp Holdings posted a dip in its revenue in its first quarter update for the fiscal year 2024, sending its shares down to their lowest level in over two years....

Finance News
U.S. Horse racing betting handle surges to $9 billion

Horse racing, and the horse industry in general, is one of the biggest entertainment and sporting industries in the United States. More than $9 billion was wagered on races across the country in...

Finance News
Genius and Sportradar face patent infringement suits in the US

PANDA Interactie, a pioneering sports technology company with proprietary cloud-based software that enables media, leagues, and sportsbooks to offer interactive viewing experiences including the ability for viewers to see real-time...

Finance News
Iowa wagers increase to $245.8m September

Numbers from the Iowa Racing and Gaming Commission came in on Monday, it showed new high marks for sports betting earnings and state tax for betting between September at $245.8m. More than...

Finance News