Posts From: June 2023

BetMakers to cut 100 jobs in bid to reduce costs

BetMakers Technology Group is pleased to provide shareholders an update on its cost base reduction and global efficiencies program, which is expected to result in significant operating overhead reductions and...

Finance News
FL Entertainment sees revenue reach €900m 

FL Entertainment has reported a revenue rise of +1.1%1 to €900m in Q1. Online sports betting & gaming was up +14.5% revenue. Adjusted EBITDA2 stable at €145m in Q1 2023, resulting in an EBITDA...

Finance News
LeoVegas Group first quarter revenue dips 4%

LeoVegas Group first-quarter revenue decreased 4% and amounted to EUR 95.0 m (98.5). Organic growth in local currencies adjusted for closed markets was 5%. Reported EBITDA was EUR -3.1 m...

Finance News
bet-at-home.com first-quarter revenue dips 5%

The bet-at-home.com AG Group has announced its first quarter 2023 financial results. In early February, after several months of preparation, the Malta-licensed offering (domain .com) of bet- at-home.com Internet Ltd....

Finance News
Rivalry revenue hits record high in first quarter

Rivalry an internationally regulated sports betting and media company, today announced its financial results for the three-month period ended March 31, 2023, and closing of the second tranche of its...

Finance News
Super Group first-quarter revenue edge up 1% to €338.5m

Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, has announced first quarter 2023 consolidated financial results. Revenue increased...

Finance News
Danish gambling market dips 2.8%

For the third time, the Danish Gambling Authority releases the report “The Gambling Market in Numbers”, which provides an overview of the year that has passed on the Danish gambling...

Finance News
Inspired Entertainment extends Paddy Power deal

Inspired Entertainment has signed a long-term contract extension as the provider of Virtual Sports to Paddy Power, a bookmaker that owns and operates over 600 betting shops across the UK...

Finance News
Head of Bet365 gambling firm Denise Coates tops list of UK’s biggest taxpayers

Denise, John and Peter Coates are together worth just under £8.8 billion – £158m more than in 2022 – according to the new edition of The Sunday Times Rich List. They...

Finance News
Light & Wonder offers $422m for remaining SciPlay stake

Light & Wonder is pleased to propose acquiring the 17% equity interest in SciPlay Corporation (that it does not currently own pursuant to a merger in which SciPlay’s shareholders, other...

Finance News