Posts From: November 2023

Entain agrees to pay £585m after bribery investigation

Entain will pay penalties of more than half a billion pounds after a probe into alleged bribery at a former Turkish subsidiary. Entain said it had reached an agreement with...

Finance News
Activist investors pile pressure on Entain

Entain shares spiked on reports that it faces growing investor unrest from activist investors. Following the shares recently sinking to a three-year low below 840p, two more US activist hedge funds...

Finance News
Golden Matrix Group reports record revenues of $44 million

Golden Matrix Group a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced that pursuant to preliminary revenue estimates, it achieved record...

Finance News
OPAP third-quarter GGR revenue up 8%

OPAP the leading gaming operator in Greece, announces its consolidated financial results for the nine-month period ended September 30th, 2023. OPAP’s revenues (GGR) in 9M 2023 increased by 8% y-o-y reaching €1,506.5m...

Finance News
Oregon Lottery breaks record as annual sales top $310 million 

The Oregon Lottery will return nearly $900 million to the state for the 2023 fiscal year, down slightly from the previous year due to an increase in operating costs.  Unclaimed...

Finance News
New Jersey reports record revenue in October

New Jersey’s casinos, racetracks that take sports bets and their online partners won over $423 million in October, up 6.6% from a year earlier, according to figures released Friday by...

Finance News
Rivalry secures $14 million strategic equity investment

Rivalry has announced a non-brokered private placement offering of convertible debentures, and the closing of the first tranche of such offering for aggregate gross proceeds of $14,000,000. The investment comprising...

Finance News
U.S. Commercial Gaming Revenue Reaches $16.17B

Q3 2023 marked the U.S. commercial gaming industry’s best third quarter on record, generating $16.17 billion, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total is up 6.1...

Finance News
Better Collective sees revenue jump 26% 

Better Collective has delivered another strong quarter with group revenue up by 26% to €75m. Recurring revenue was €46m, implying 49% growth. Making up 61% of total group revenue. Group...

Finance News
Gambling.com shares soar on record Q3 revenue performance

New York-listed online gaming affiliate Gambling.com Group has reported third quarter revenue of USD 23.46 million compared to USD 19.65 million a year ago. Net income was USD 5.01 million...

Finance News