Posts From: March 2023

Allied Gaming reports fourth quarter revenue jump of 28%

Allied Gaming & Entertainment a global experiential entertainment company, today announced financial results for the fourth quarter and full year ended December 31, 2022. Revenues: Total revenues of $6.4 million...

Finance News
Arkansas sports betting revenue up 25%

Arkansas legalized mobile sports betting on July 1, 2019. This means it is now possible to play college sports betting, MLB sports betting, and NBA sports betting in the state....

Finance News
STS profits on record revenue performance

The STS Group one of the largest bookmakers in Central Europe and the market leader in Poland – recorded consolidated revenue of PLN 579 million €123m in 2022, compared to...

Finance News
Better Collective acquisitions drive Q4 revenue

Better Collective’s 2022 revenue and EBITDA grew significantly, fueled by the big single standing events meaning performance broke all records. In January, the state of New York launched sports betting....

Finance News
Flutter’s online brands rake in over £250m during Cheltenham Festival

Last week’s Cheltenham Festival saw Flutter’s three flagship UK&I brands – Sky Betting & Gaming, Paddy Power and Betfair – take in well over £250m in stakes and execute around...

Finance News
888 Holdings drop out of FTSE index in reshuffle

888 Holdings PLC has been removed from London’s mid-cap 250 and 350 index as part of the London Stock Exchange’s index rebalancing  888 in late-January said its chief executive has...

Finance News
Tabcorp targets a 30 percent digital revenue market share

Tabcorp is transforming its entire wagering ecosystem as it targets a 30 percent digital revenue market share. The company unveiled the plans in its half-year results last week, with managing...

Finance News
Lottomatica reports revenue rise ahead of IPO

Italy’s Lottomatica expects revenues of between 1.57-1.67 billion euros ($1.68-1.79 billion) and core profits in the range of 550-570 million euros this year, the group said in statement. Last year’s...

Finance News
Strong World Cup performance drives Q4 revenue for FL Entertainment

FL Entertainment’s full year revenue was up +15.7% to €4,047m driven by strong performance of both businesses. Production & distribution: content catalogue up 30% to 160,000 hours, streaming platform revenues up...

Finance News
Spiffbet targets debt reduction as earnings edge 

Spiffbet intends to carry out a set-off issue and a parallel rights issue. The settlement issue resolves the company’s debt and interest burden. The rights issue gives all shareholders the...

Finance News