PENN today reported financial results for the three months ended March 31, 2023. Revenue for the first-quarter was $1.67 billion, an increase of 7.0% year-over-year. Net income of $514.4 million and net income margin of...
B2B iGaming technology provider EveryMatrix announces its highest growth in company history. EveryMatrix’s Q1 2023 update shows record financial performance and profitability across all business segments (Casino, Sports and Platform),...
Lottomatica shares were sold at a generous discount to its peers at the bottom of a €9–€11 range, yet the stock opened on Euronext Milan at €8.50, nearly 5.6% below...
Ohio’s sports betting industry bounced back in March, taking in more bets compared to February but not reaching the highs seen when legal gambling was first launched in the state. In March,...
Rush Street Interactive reported its Q1 earnings results on Wednesday, May 3. Revenue was up $27.42 million from the same period last year, an increase of 20%, compared to $134.9 million...
Flutter Entertainment said a “very strong performance” in the US drove a 46% increase in first-quarter revenue. The owner of FanDuel, Paddy Power and Betfair said total revenue rose to £2.4bn...
The Danish Gambling Authority said the total gambling spend on betting, online casino, gaming machines and land-based casino amounted to DKK 496 million compared to February 2022. This corresponds a...
Italian gambling firm Lottomatica is expected to price shares for its initial public offering (IPO) at 9 euros, at the bottom of its target range, according to a bookrunner message...
MGM Resorts International reported first-quarter financial results after the market close Monday. Here are the key highlights. MGM Resorts International reported first-quarter revenue of $3.87 billion, up 36% year-over-year. The revenue...
Asia is a very promising region for the iGaming industry because of its large population and strong economic prospects. iGaming in Asia generated an estimated $72.2 billion in revenue in...
