Posts From: April 2023

Svenska Spel posts record first-quarter revenues

Svenska Spel begins the year with growth and an eventful quarter with the launch of new games such as Momang and improvements to the customer experience in existing games such...

Finance News
Mississippi sports handle tops $45m

Mississippi reported its sports wagering handle for the month of March toppings $45.7m. In Mississippi, football bettors continued to win big on the Gulf Coast, where the hold was 1.4 percent....

Finance News
Tennessee reports record $1.1 billion in sports wagers

Sports betting has been growing in popularity ever since its launch in Tennessee. March saw record-breaking revenue numbers for mobile sports wagering sites. The state recently reported that these sites...

Finance News
FDJ first-quarter revenue tops €662 million

La Française des Jeux (FDJ), France’s leading gaming operator, announced its Q1 2023 revenue. The revenue in Q1 2023 amounts to €662 million. On a pro forma basis in 2022, including...

Finance News
Rank Group sees revenue jump in third-quarter

Rank Group PLC said Thursday that like-for-like net gaming revenue for its fiscal third quarter ended March 31 was up 13% to 174.4 million pounds ($216.9 million) and that it...

Finance News
Betr signs exclusive partnership with media duos

The Cavinder Twins are making big moves to kickstart their post-basketball careers — the social media superstars are becoming business partners with Jake Paul and his Betr company! The gambling and media...

Finance News
Esports Entertainment Group reduces workforce following Bethard sale

Esports Entertainment Group CEO, Mr Alex Igelman, provided a lengthy and detailed letter to the company’s shareholders, outlining a more positive future ahead for the once-beleaguered company. As a business-to-consumer (B2C)...

Finance News
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