Posts From: May 2023

Danish gambling market dips 2.8%

For the third time, the Danish Gambling Authority releases the report “The Gambling Market in Numbers”, which provides an overview of the year that has passed on the Danish gambling...

Finance News
Inspired Entertainment extends Paddy Power deal

Inspired Entertainment has signed a long-term contract extension as the provider of Virtual Sports to Paddy Power, a bookmaker that owns and operates over 600 betting shops across the UK...

Finance News
Head of Bet365 gambling firm Denise Coates tops list of UK’s biggest taxpayers

Denise, John and Peter Coates are together worth just under £8.8 billion – £158m more than in 2022 – according to the new edition of The Sunday Times Rich List. They...

Finance News
Light & Wonder offers $422m for remaining SciPlay stake

Light & Wonder is pleased to propose acquiring the 17% equity interest in SciPlay Corporation (that it does not currently own pursuant to a merger in which SciPlay’s shareholders, other...

Finance News
Entain nearing $200m deal to buy Angstrom Sports

Entain is in talks to buy London-based pricing and analytics company Angstrom Sports in a deal that would value the business at around $200m but terms have yet to be agreed....

Finance News
Americas drive first half revenue for Aristocrat

Aristocrat Leisure has announced unaudited revenue growth of 12 per cent to AU$3.08 billion (US$2.05 billion/ MOP 16.5 billion) for the six months ending on 31 March, 2023, primarily driven...

Finance News
STS Group sees first quarter revenue rise 7%

STS Group one of the largest bookmakers in Central Europe and the market leader in Poland – from January to March of this year generated revenue of PLN 153 million,...

Finance News
Italy’s Lottomatica reports record first-quarter results

Lottomatica reported higher net profit and revenues in the first quarter as it confirmed its guidance for 2023, the Italian gambling firm said on Tuesday. Net profit in the first three...

Finance News
U.S. gaming revenue tops record $16 billion

U.S. commercial gaming revenue reached a quarterly record of $16.60 billion in Q1 2023, marking the industry’s eighth straight record-breaking quarter, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue...

Finance News
Better Collective sees revenue jump 30%

Better Collective’s Q1 Group revenue grew by 30% to 88 mEUR, which is another record quarter (Q1 2022: 67 mEUR). Organic revenue growth was 23%. Recurring revenue was 41 mEUR,...

Finance News