Posts From: June 2023

DraftKings, Fanatics had merger negotiations prior to PointsBet deal

When DraftKings swooped in with a late effort to snatch the U.S. operations of PointsBet from Fanatics, it felt like there was more to the story. And there reportedly is. DraftKings CEO...

Finance News
Northstake raises $3 mln backed by Funfair Ventures

Northstake, a cryptocurrency staking platform aimed at institutional investors, raised 2.8 million euros ($3 million) from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund. The...

Finance News
Better Collective upgrades its financial targets

Executing on its vision to become the leading digital sports media group, Better Collective announces an upgrade of its 2023 financial targets. Following its record-breaking Q1, the group has carried...

Finance News
Louisiana sports handle tops $193.6 million in May

There are now 8 Louisiana sportsbooks available, such as FanDuel Sportsbook Louisiana, BetRivers Sportsbook Louisiana, and DraftKings Sportsbook Louisiana. Louisiana sports betting originally launched on January 28th, 2022. The Bayou State also has retail sportsbooks at...

Finance News
NeoGames Joins United Lotteries for Integrity in Sports 

NeoGames, a technology-driven provider of end-to-end iLottery solutions, has become an Associate Member of the United Lotteries for Integrity in Sports (ULIS). This membership is a testament to NeoGames’ commitment...

Finance News
EveryMatrix game rounds and monthly turnover tops €4 billion

Rapid growth B2B iGaming technology provider EveryMatrix has exceeded more than 4 billion monthly game rounds and €4 billion monthly turnover across its CasinoEngine platform. CasinoEngine, the group’s casino productivity...

Finance News
Danske Spil first-half revenues up 8%

The Danske Spil Group achieved a total BSI of DKK 1,217 million. and a result after tax of DKK 459 million DKK per 31 March 2023. This is an improvement...

Finance News
Second activist firm reveals stake in 888 Holdings

888 Holdings has reported that a consortium of activists who declared a 6.57% stake in the betting firm last week have put themselves forward as a putative new management team. The Times said it...

Finance News
Paf profits on record revenue performance

A successful year makes big dividends of Paf funds possible, with both revenue and profit increasing. Paf continues to invest in responsible gaming measures and the newly published figures for...

Finance News
Danish gambling revenue up 5% in April

The Danish Gambling Authority has updated the monthly statistics with data from March and April 2023.  In the monthly statistics, you can see the development in the gambling sectors betting,...

Finance News