Posts From: November 2022

Playtika reports 2% revenue jump in third-quarter 

New York-listed social gaming operator Playtika has reported  $647.8 million in revenue for third-quarter 2022, up 1.9%. Playtika expects full-year revenue in the range of $2.6 billion to $2.66 billion. Net income was $68.2 million compared to $80.5 million in the...

Finance News
Enteractive seal deal with NetBet

Enteractive, the leader in iGaming retention and engagement services, has begun activity with  NetBet customers in the Italian market, both for their casino and sports betting player segments. The iGaming...

Finance News
Gaming Innovation Group posts 35% revenue increase

Gaming Innovation Group has reported Q3 2022 revenues of €22.9 million and an adjusted EBITDA of €8.5 million.  Adjusted EBITDA was €8.5m (5.8), up 47%, adjusted EBITDA margin* increased to...

Finance News
Kindred pays out on its biggest ever sports bet

Kindred Group, with its multi-product brand Unibet, has settled the largest bet in the Group’s history following the Houston Astros winning the World Series against the Philadelphia Phillies on 5...

Finance News
Fox holds option to buy $20bn stake in FanDuel

On 7 April 2021, FOX initiated an arbitration process with respect to a legal dispute over the terms of FOX’s option to acquire an 18.6% stake in FanDuel and related...

Finance News
Super Group maintains revenue guidance of €1.15 billion

Super Group maintains its outlook for 2022 and is reiterating previously stated guidance on its revenue and adjusted EBITDA of between €1.15 billion and €1.28 billion, and €200 million and...

Finance News
DraftKings reports higher revenue for start of football season

Draftkings said it now expects revenue for the year to be in the range of $2.16 billion to $2.19 billion, up from its previous call for between $2.08 billion and...

Finance News
PENN Entertainment revenue surges to $1.63bn

Soaring revenues from online revenue propelled Penn National Gaming to a handsome third-quarter profit, but in-person wagering on slot machines and table games at its Grantville property continued to slide. Publicly traded...

Finance News
Danske Spil full year revenue up 10%

Danske Spil’s full year profit after tax in the Danske Spil Group was DKK 1,627 million. This is an improvement of more than 10% in relation to the result after...

Finance News
Bally’s raises full year revenue forecast to $2.25bn

Bally’s has reported third quarter revenue of $578.2 million versus the previous estimate of $577.11 million. Bally’s expects full-year revenue of $2.25 billion. Lee Fenton, Chief Executive Officer said, “In...

Finance News