Posts From: August 2023

DraftKings earnings jump on second-quarter results

Draftkings stock shot up in after hours trading as it reported an 88% jump in second-quarter revenue and earnings ahead of management’s previous expectations. It highlighted a 44% increase in MUPs (that’s...

Finance News
Entain reveals the ‘Wrexham Betting Effect’

Wrexham AFC is making its debut in League Two of the English Football League this weekend, after scoring a promotion from the National League and climbing to Hollywood fame with...

Finance News
FL Entertainment sees first-quarter revenue reach €1,923m

FL Entertainment’s first-half revenue was up 7.9% at constant exchange rates to €1,923m in H1 2023 (+6.8% reported) with double-digit growth in Q2 2023 (+14.2% at constant exchange rates) Strong growth in Adjusted...

Finance News
Rush Street Interactive Q2 revenue tops $165.1 million

Rush Street Interactive has announced financial results for the second quarter ended June 30, 2023. Revenue was $165.1 million during the second quarter of 2023, an increase of 15%, compared to...

Finance News
Bally’s reports 9.7% surge in revenue

Bally’s today reported financial results for the second quarter ended June 30, 2023. Revenue for the second quarter was $606.2 million, an increase of 9.7% year-over-year. International Interactive revenue of...

Finance News
Online drives Caesars second quarter revenue

Caesars Entertainment reported $2.88 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 2.1%. The casino operator, which runs Caesars Atlantic City and Caesars Palace,...

Finance News
bet-at-home.com reports 9% drop in first-half revenue

The bet-at-home.com AG Group announces financial results for the first six months of 2023. By the end of the 2023 financial year, the bet-at-home.com AG Group intends to have key...

Finance News
IGT second quarter revenue tops $1billion 

IGT had delivered strong Q2’23 financial performance with revenue and operating income margin meeting high end of outlook range. Revenue of $1.06 billion increased 3% as reported, 11% net of...

Finance News
FDJ raises full-year guidance on strong first-half earnings

FDJ’ has reported first half revenue of €1,289m, up 6% compared to H1 2022 and 4% on a like-for-like basis. Recurring EBITDA of €300m, a 23.3% margin.Net income of €181m,...

Finance News
PointsBet full year net win jumps 26% to $391.1 million

PointsBet chief executive Sam Swanell says he expects the wagering group to break even by April and be profitable by the next financial year after posting a significant rise in...

Finance News