Posts From: January 2023

Catena Media lauds record Ohio debut

Catena Media has recorded its strongest ever launch period for a US state launch of licensed online sports betting after reporting all-time-high revenue from new player registrations in Ohio, which...

Finance News
FL Entertainment buoyed by strong performance in Europe

FL Entertainment, a global digital entertainment group, has enjoyed strong momentum across its two business lines throughout 2022. Content production & distribution saw a 25% increase in the number of...

Finance News
Catena Media hires investment bank to lead-up sale of remaining assets

Catena Media plc has mandated Carnegie Investment Bank AB as financial adviser to assist the company in assessing strategic options as part of conversations with third parties that have shown...

Finance News
Jackpot.com secures new funding and launches in Texas

Jackpot.com, the online lottery ticket platform, launched today in Texas with $42M in funding from some of the country’s top professional sports franchises and marketing partnerships with the Dallas Cowboys,...

Finance News
New York sportsbook wagers rebound in December to $1.6bn

According to the New York gaming commission, online sports betting gross revenue for the week ended December 18 was up 4.5% just shy of $1.55 billion. FanDuel NY was the...

Finance News
Fanatics sheds 60% stake in NFT company Candy Digital

Fanatics is divesting its 60% stake in its NFT company Candy Digital. The decision comes through owing to the downturn of the industry in the bear market. The Michael Rubin...

Finance News
IG Acquisition halt $350m PlayUp SPAC listing

IG Acquisition announced in an 8-K this afternoon that it is no longer seeking its business combination with mobile gaming platform PlayUp and will instead liquidate its trust. The SPAC today disclosed that...

Finance News
Bet365 profit drops nearly a third despite 2% revenue rise

Gambling giant Bet365 saw a slight revenue increase by 2% to £2,852.0m for the financial year of 2021 from £2,788.6m the previous year. Gaming revenues were up 25% as gaming...

Finance News
FansUnite full year revenue tops $20m

FansUnite has generated significant revenue growth, as highlighted by its total revenue of $20.08 million for the nine months ended September 30, 2022, an all-time high for any nine-month period...

Finance News
Jingle bets: how to increase revenue in January

December is a joyous holiday season in many cultures, filled with celebration, laughing, and the need to buy presents for loved ones. The cost of living, increased expenses in December,...

Finance News