Posts From: May 2025

Robinhood beats on earnings and revenue in Q1

Robinhood Markets has announced financial results for the first quarter of 2025, which ended March 31, 2025. Total net revenues increased 50% year-over-year to $927 million.  Transaction-based revenues increased 77% year-over-year to $583...

Finance News
Bet365 weigh up potential £9bn sale of gambling empire

The Guardian reports the billionaire Coates family is exploring a potential sale of bet365 in a deal that could value the business at up to £9bn. The company, headed by Denise Coates, has held talks with Wall...

Finance News
Betsson Group revenue up 18% to €293.7 million in first-quarter

Betsson Group’s first-quarter revenue increased by 18 percent to EUR 293.7 million, casino sportsbook revenue increased by 22% and the sportsbook margin was 8.0% (6.6%). EBITDA was EUR 77.7 (71.6)...

Finance News
BetMGM’s first-quarter net revenue up 34%

BetMGM one of the leading sports betting and iGaming operators across North America, jointly owned by Entain and MGM Resorts International is today providing an update on its 1Q 2025...

Finance News
evoke makes a steady exit from the Q1 starting gate

Evoke said revenue for the first quarter to March grew 1% and reiterated expectations for an acceleration in growth from the second quarter onwards. In support of its upbeat view, the Mr...

Finance News
Svenska Spel first quarter revenue up 96%

Svenska Spel has had an eventful first quarter with the launch of the new game Lyckoplatsen, high participation in Tips-SM, and Sweden’s highest gaming win ever. Despite many positive events...

Finance News
Betby accelerates in 2025 with triple-digit Q1 growth

BETBY, a leading sportsbook supplier, has reported an exceptional start to the year, posting strong Q1 results marked by significant growth in Gross Gaming Revenue (GGR), active bettors across its...

Finance News
Churchill Downs posts record first quarter

Churchill Downs first quarter 2025 revenue increased $27.5 million due to an $18.2 million increase at the Virginia HRM venues, an $8.9 million increase from our Kentucky HRM venues, and a...

Finance News
New Jersey posts $1.58 billion in revenue for the month of March

The New Jersey Division of Gaming Enforcement announced the February 2025 total gaming revenue results. Internet Gaming Win for the casinos and their partners was $243.9 million for March 2025,...

Finance News
Rivalry reports first-quarter revenue dip amid ongoing restructure

Rivalry, the leading sportsbook and iGaming operator for digital-first players, today shared preliminary key performance indicators and revenue figures for the three months ended March 31, 2025, underscoring the success...

Finance News