Posts From: August 2023

Rank Group posts full year loss despite digital revenue increase

Rank Group swung to a pretax loss for fiscal 2023 after a significant rise in cost of sales and impairment charges, though revenue rose. The gambling group which houses the...

Finance News
US gaming revenue tops record $16 billion

U.S. commercial gaming continued its long run of consecutive quarterly revenue growth in the second quarter, hitting a Q2 record of $16.07 billion, according to the American Gaming Association’s (AGA) Commercial...

Finance News
Gaming Innovation Group second-quarter revenue tops €31 million

Gaming Innovation Group achieved all-time high revenues in the second quarter of 2023 amounting to €31.1m (22.1), an increase of 40% YoY, where of 22% was organic. Adjusted EBITDA was...

Finance News
World Cup sparks surge in women’s sports betting

As the biggest women’s sporting event in the world comes to a close this weekend, Entain, the global sports betting, gaming, and interactive entertainment group, reveals the exponential growth in betting...

Finance News
888 Holdings half-year earnings rises 9%

888 Holdings on Tuesday said it did not expect any operational impact from the ongoing probe by the UK gambling regulator, after posting a 9% rise in first-half earnings helped...

Finance News
Allied Gaming & Entertainment posts 182% revenue rise in Q2

Allied Gaming & Entertainment a global experiential entertainment company, has announced financial results for the second quarter ended June 30, 2023. Revenues: Total revenues of $3.3 million increased 182% compared...

Finance News
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