Posts From: April 2023

Sportech posts 2% YoY Q4 revenue jump

Sportech reported Tuesday a revenue leap of 2% to to £26.0 million. Gross profit +11% to £14.2 million. The London-listed betting-technology company said its pretax loss widened to 934,000 pounds...

Finance News
Entain’s net gaming revenue surges on robust demand

Entain PLC said Tuesday that it has made a strong start to 2023, with increased net gaming revenue and record levels of active customers. The Ladbrokes owner said first-quarter group...

Finance News
Wyoming sports wagers hit $40 million 

The Wyoming Gaming Commission’s January 2023 revenue report revealed that Wyoming online sportsbooks nearly doubled their revenue compared to January 2022. The growth is a good sign for a relatively young market that launched...

Finance News
New Jersey gambling revenue up 15% 

New Jersey’s online partners of both types of gambling won over $487 million in March, an increase of 15% from a year earlier. But figures released Friday by the New...

Finance News
Italy’s Lottomatica seeks up to $3 bln valuation in IPO

Italian gambling group Lottomatica said on Thursday it aimed to launch an initial public offering (IPO) in Milan by the end of April, with the proceeds largely earmarked to reduce...

Finance News
888 Holdings posts 5% revenue drop

888 Holdings PLC said Friday that pretax profit fell for 2022, but that adjusted earnings rose following its combination with William Hill. The London-listed online betting-and-gaming company posted a pretax...

Finance News
STS Group posts 12% year-on-year jump in wagering revenue

The value of amounts staked in Q1 2023 in the STS S.A. (excluding the UK and Estonia operations) – the main operating company in the STS Group – was PLN...

Finance News
New York mobile sports betting revenue tops $5 billion 

New York mobile sports revenue has been released by the New York State Gaming Commission (NYSGC). Revenue for March was up 9 per cent to $1.8 billion and took the first quarter...

Finance News
Denmark gambling revenue reaches DKK595m

The Danish Gambling Authority has previously published statistics on the Danish gambling market every quarter and in addition published selected key figures for the gambling market on a monthly basis....

Finance News
Sisal Italian operations merge into one subsidiary

Sisal announces the simplification of the Group structure aimed at rationalizing the corporate structure and defining a legal entity for each country in which the company operates. Sisal Italia SpA,...

Finance News