Posts From: February 2023

Baking a Perfect Brand: Recipe for a successful iGaming brand in LATAM

The LATAM iGaming scene is like a savory pie fresh from the oven! You can easily create a highly successful brand with the right recipe and cut yourself a delicious...

Finance News
Churchill Downs reports record fourth-quarter revenue

CDI reports that Churchill Downs racetrack saw a $77.6 million increase in net revenue primarily due to the running of the 2022 Kentucky Derby without capacity restrictions that were in place in...

Finance News
Better Collective posts record revenue in Q4

Better Collective has reported a 63 per cent increase in revenue to €86.1m for Q4 and full year of 2022. Recurring revenue was 41.3 mEUR; growth of 94% YOY. Revenue...

Finance News
Catena announces 31% rise in North American Q4 revenue

Catena Media increased revenue by 31 percent in North America in Q4, led by the launch of licensed online sports betting in Maryland. Total group revenue from continuing operations rose...

Finance News
Tabcorp expands online presence after $52m half-year profit

The 2021/22 financial year (FY22) was an historic year for Tabcorp. On 1 June 2022, the Company successfully implemented the demerger of its former Lotteries and Keno business, which is...

Finance News
Belgium World Cup stakes reach €217 million

In the World Cup football report presented today, the Gaming Belgium Commission (GC) comes to 10 fascinating observations with figures and provides an interesting insight into the gambling behaviour of...

Finance News
DraftKings reports fourth quarter revenue of $855 Million 

Draftkings shares have jumped in after-hours trading as the digital sports entertainment and gaming company posted a fourth-quarter revenue beat and raised its fiscal 2023 guidance.   DraftKings stock had...

Finance News
U.S. sports betting and online gaming revenue hits $60.4 billion 

U.S. commercial gaming revenue reached an annual record of $60.4 billion in 2022, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This marks the first $60 billion year...

Finance News
FDJ raises dividend following very strong 2022 results 

FJD’s 2022 revenues were up 9% to €2.5 billion, on a 9% increase in stakes to €20.6 billion. After a first half of the year that benefited from the post-Covid...

Finance News
GiG reports record Q4 as revenue jumps to €26m

Gaming Innovations Group achieved all-time high revenues in Q4 2022 amounting to €26.0m (18.1), an increase of 44% YoY, whereof 35% organic. Adjusted EBITDA was €10.8m (6.3), up 71%, adjusted...

Finance News