Posts From: May 2023

EveryMatrix flying high with record first-quarter financial results

B2B iGaming technology provider EveryMatrix announces its highest growth in company history.  EveryMatrix’s Q1 2023 update shows record financial performance and profitability across all business segments (Casino, Sports and Platform),...

Finance News
Lottomatica Group lists on Euronext Milan

Lottomatica shares were sold at a generous discount to its peers at the bottom of a €9–€11 range, yet the stock opened on Euronext Milan at €8.50, nearly 5.6% below...

Finance News
Ohio bet $739 million on sports in March

Ohio’s sports betting industry bounced back in March, taking in more bets compared to February but not reaching the highs seen when legal gambling was first launched in the state. In March,...

Finance News
Rush Street Interactive revenue jumps 20%

Rush Street Interactive reported its Q1 earnings results on Wednesday, May 3. Revenue was up $27.42 million from the same period last year, an increase of 20%, compared to $134.9 million...

Finance News
Flutter Entertainment posts £2.4bn in first quarter revenue

Flutter Entertainment said a “very strong performance” in the US drove a 46% increase in first-quarter revenue. The owner of FanDuel, Paddy Power and Betfair said total revenue rose to £2.4bn...

Finance News
Denmark’s gambling revenue drops below DKK500 million

The Danish Gambling Authority said the total gambling spend on betting, online casino, gaming machines and land-based casino amounted to DKK 496 million compared to February 2022. This corresponds a...

Finance News
Italy’s Lottomatica expected to price IPO at bottom of range

Italian gambling firm Lottomatica is expected to price shares for its initial public offering (IPO) at 9 euros, at the bottom of its target range, according to a bookrunner message...

Finance News
MGM revenue hits $3.9bn

MGM Resorts International reported first-quarter financial results after the market close Monday. Here are the key highlights. MGM Resorts International reported first-quarter revenue of $3.87 billion, up 36% year-over-year. The revenue...

Finance News
iGaming in Asia: Key Sportsbook Features to Score Big

Asia is a very promising region for the iGaming industry because of its large population and strong economic prospects. iGaming in Asia generated an estimated $72.2 billion in revenue in...

Finance News
Flutter shareholders approve US listing

Flutter Entertainment has received approval from shareholders to pursue, as a second step, a primary stock market US listing. These benefits include access to much deeper capital markets and to...

Finance News