Posts From: February 2023

Kindred Group harmful gambling revenue falls to 3.3% 

Kindred Group committed to its Journey towards Zero, making zero per cent revenue generated from harmful gambling an integrated part of its group strategy. The past two years have been...

Finance News
Penn National Gaming sees revenue jump to $1.6 billion

Penn National Gaming has reported revenues of $1.6 billion, an increase of $545.1 million year-over-year and $231.3 million versus 2019. Net income was $44.8 million and net income margin of 2.8%, as compared to net income of $12.7 million and net...

Finance News
DraftKings to shed 4% of its workforce

DraftKings said on Wednesday it would cut 140 jobs, or 3.5 percent of its global workforce, as part of a reorganizationor about 3.5% of its workforce, as part of a...

Finance News
France posts record revenue during World Cup

As expected, the FIFA World Cup was a highlight of the sports betting diary in 2022, with online stakes breaking records.  This economic report confirms the real enthusiasm for sports...

Finance News
EveryMatrix revenue jumps to new high in Q4

EveryMatrix’s Q4/end of year update shows record financial performance and Gross Profit ahead of expectations across all business segments (Casino, Sports, and Platform) since it was founded 15 years ago,...

Finance News
Aspire Global seal landmark deal with Metropolitan Gaming

NeoGames S.A. a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today that its subsidiary, Aspire Global, will provide its full suite of solutions to land-based UK operator group, Metropolitan...

Finance News
Gaming Realms sees revenues jump as more US states open up

Gaming Realms, the developer and licensor of mobile focused gaming content, announces a pre-close trading update for the full year to 31 December 2022.  The company is pleased to confirm...

Finance News
Entain raises profit forecast after World Cup boost

The World Cup helped drive a record fourth quarter for betting company Entain. Gaming revenue jumped 11% in the period as punters turned to their betting apps during the unusual...

Finance News
PointsBet posts record second-quarter results

Pointsbet Holdings has reported record results in the fiscal second quarter ended 31 December. Record group total net win of A$103.4m, up 34%, US total net win of A$40.6m, up...

Finance News
bet365 founders among the top five biggest UK taxpayers

The Sunday Times has released its annual list of the UK’s top taxpayers, with Denise Coates and James Dyson among the top 50 individuals and families who together paid almost...

Finance News