Posts From: May 2023

Rush Street Interactive revenue jumps 20%

Rush Street Interactive reported its Q1 earnings results on Wednesday, May 3. Revenue was up $27.42 million from the same period last year, an increase of 20%, compared to $134.9 million...

Finance News
Flutter Entertainment posts £2.4bn in first quarter revenue

Flutter Entertainment said a “very strong performance” in the US drove a 46% increase in first-quarter revenue. The owner of FanDuel, Paddy Power and Betfair said total revenue rose to £2.4bn...

Finance News
Denmark’s gambling revenue drops below DKK500 million

The Danish Gambling Authority said the total gambling spend on betting, online casino, gaming machines and land-based casino amounted to DKK 496 million compared to February 2022. This corresponds a...

Finance News
Italy’s Lottomatica expected to price IPO at bottom of range

Italian gambling firm Lottomatica is expected to price shares for its initial public offering (IPO) at 9 euros, at the bottom of its target range, according to a bookrunner message...

Finance News
MGM revenue hits $3.9bn

MGM Resorts International reported first-quarter financial results after the market close Monday. Here are the key highlights. MGM Resorts International reported first-quarter revenue of $3.87 billion, up 36% year-over-year. The revenue...

Finance News
iGaming in Asia: Key Sportsbook Features to Score Big

Asia is a very promising region for the iGaming industry because of its large population and strong economic prospects. iGaming in Asia generated an estimated $72.2 billion in revenue in...

Finance News
Flutter shareholders approve US listing

Flutter Entertainment has received approval from shareholders to pursue, as a second step, a primary stock market US listing. These benefits include access to much deeper capital markets and to...

Finance News
BlueBet reports 9% third-quarter revenue dip

BlueBet Holdings has provided its quarterly cash flow report and quarterly activities Report for the quarter ended 31 March 2023 (Q3 FY23). BlueBet continued to gain market share in Q3,...

Finance News
Betsson Group reports record quarterly revenue

Betsson’s Group revenue was EUR 221.9 (170.2) million, an increase of 30%. Organic increase of 38%. Casino revenue increased by 37%. Sportsbook revenue increased by 19% and the sportsbook margin...

Finance News
ATG reports drop in first-quarter revenue 

ATG’s net gaming revenue and total revenue both decreased by 6 percent in the first quarter of 2023. Sports and casino show continued growth, while horse betting decreased by 12...

Finance News