Posts From: August 2023

New York Sports Betting Revenue jumps 43% Year-Over-Year

The state of New York more than lived up to the hype in its first full year, occasionally producing pinball-like numbers while quickly seizing the No. 1 spot across the board among...

Finance News
Flutter swings back to first-half profit with impressive US revenue

Flutter Entertainment has announced interim results for six months ended 30 June 2023. Group revenue of strategic goals drove Flutter’s growth engine; strong H1 player momentum with average monthly players (“AMPs”) +28%, driven...

Finance News
Playtika reports second-quarter earnings in line with expectations

Playtika Holding on Tuesday reported second-quarter profit of $75.7 million. Revenue of $642.8 million decreased (2.0)% sequentially and (2.5)% year over year. Net income of $75.7 million decreased (10.0)% sequentially and increased 108.0% year...

Finance News
TAB NZ increases racing industry funding to to $215 million

TAB New Zealand has today announced its direct funding to the domestic racing industry will reach a record-setting $215 million for the upcoming 2023/24 racing season. TAB NZ’s direct funding...

Finance News
Play AGS shares rally on record second-quarter results

Play AGS’s second-quarter revenue Increased 17% Y/Y a record $89.8 Million; growth achieved across all three business segments. Global EGM sales topped 1,250 units; Up 35% Y/Y and 7% ahead...

Finance News
Spiffbet to divest game development business

Spiffbet divests the game development business to Million Games AB, which is a Swedish game studio. Million Games was founded by Thomas Nimstad who has been active in the gaming...

Finance News
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