Posts From: May 2023

PlayAGS posts record first-quarter as revenue tops $81m

For the quarter ended March 2023, PlayAGS (AGS) reported revenue of $83.18 million, up 14.2% over the same period last year. AGS generated a net loss of $334 thousand in...

Finance News
IGT first quarter revenue up 8%

International Game Technology has reported financial results for the first quarter ended March 31, 2023. Revenue was $1.06 billion, fueled by 8% Global Lottery same-store sales growth and double-digit revenue growth in...

Finance News
Light & Wonder first quarter revenue hits $670 million

Light & Wonder today reported results for the first quarter ended March 31, 2023. First quarter consolidated revenue was $670 million compared to $572 million, up 17% compared to the prior...

Finance News
New York sports wagers top $1.5 billion in April

According to New York State data, the State has generated more than $1.54 billion in revenue from mobile sports wagering in April. “In just six months, New York has become a leader...

Finance News
DraftKings revenue surges 84%

DraftKings today announced its first quarter 2023 financial results. For the three months ended March 31, 2023. DraftKings reported revenue of $770 million, an increase of 84% compared to $417...

Finance News
Playtika revenues and earnings in line with expectations

Playtika Holdings has released financial results for its first quarter for the period ending March 31, 2023. Revenue of $656.2 million increased 4.0% sequentially and decreased (3.1)% year over year. DTC platforms revenue...

Finance News
PENN Entertainment’s Interactive revenue up 65%

PENN today reported financial results for the three months ended March 31, 2023. Revenue for the first-quarter was $1.67 billion, an increase of 7.0% year-over-year. Net income of $514.4 million and net income margin of...

Finance News
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