Posts From: June 2023

Britain’s online gambling yield jumps 5% to £1.3 billion

The UK Gambling Commission has published further data showing how gambling behaviour is reacting to current environmental factors in Great Britain.  This data, sourced from operators, reflects the period between...

Finance News
Entain sees TAB NZ partnership delivering additional earnings of £20m

Entain is pleased to provide further detail on both its strategic partnership with TAB New Zealand and its recent acquisition of 365scores.   Presentations from the members of Entain’s senior...

Finance News
Virginia sports betting handle tops $426 million  

Virginians wagered $425.98 million in April, up 6.6% from the year prior, according to data released June 1 by the Virginia Lottery. About $422 million in sports betting revenue came...

Finance News
Investor group including Kenny Alexander takes punt on 888

888 Holdings surged on Wednesday after it emerged that investor group FS Gaming Investments has built up a 6.6% stake in the company. The stake was disclosed in a filing after...

Finance News
XLMedia completes disposal of personal finance assets

XLMedia a leading global digital media company, today announces that it has sold the domain and website, MoneyUnder30, for $675,000. This now completes the disposal of the Group’s entire Personal Finance...

Finance News
MyRacehorse raises $7 million in funding round

MyRacehorse, today announced a $7 million funding round. The funding round is comprised of several investors led by 1/ST, North America’s dominant Thoroughbred racing and gaming company, through its 1/ST...

Finance News
Unleash the Power of Player’s Data in iGaming

For iGaming operators, success depends on understanding and adapting to their players’ preferences. This requires constant data accumulation and analysis and a willingness to adapt and evolve as player preferences...

Finance News
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