Posts From: February 2023

Better Collective posts record revenue in Q4

Better Collective has reported a 63 per cent increase in revenue to €86.1m for Q4 and full year of 2022. Recurring revenue was 41.3 mEUR; growth of 94% YOY. Revenue...

Finance News
Catena announces 31% rise in North American Q4 revenue

Catena Media increased revenue by 31 percent in North America in Q4, led by the launch of licensed online sports betting in Maryland. Total group revenue from continuing operations rose...

Finance News
Tabcorp expands online presence after $52m half-year profit

The 2021/22 financial year (FY22) was an historic year for Tabcorp. On 1 June 2022, the Company successfully implemented the demerger of its former Lotteries and Keno business, which is...

Finance News
Belgium World Cup stakes reach €217 million

In the World Cup football report presented today, the Gaming Belgium Commission (GC) comes to 10 fascinating observations with figures and provides an interesting insight into the gambling behaviour of...

Finance News
DraftKings reports fourth quarter revenue of $855 Million 

Draftkings shares have jumped in after-hours trading as the digital sports entertainment and gaming company posted a fourth-quarter revenue beat and raised its fiscal 2023 guidance.   DraftKings stock had...

Finance News
U.S. sports betting and online gaming revenue hits $60.4 billion 

U.S. commercial gaming revenue reached an annual record of $60.4 billion in 2022, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This marks the first $60 billion year...

Finance News
FDJ raises dividend following very strong 2022 results 

FJD’s 2022 revenues were up 9% to €2.5 billion, on a 9% increase in stakes to €20.6 billion. After a first half of the year that benefited from the post-Covid...

Finance News
GiG reports record Q4 as revenue jumps to €26m

Gaming Innovations Group achieved all-time high revenues in Q4 2022 amounting to €26.0m (18.1), an increase of 44% YoY, whereof 35% organic. Adjusted EBITDA was €10.8m (6.3), up 71%, adjusted...

Finance News
Super Bowl betting in Nevada drops nearly 15%

The Gaming Control Board said Tuesday that wagers placed on the Kansas City Chiefs’ 38-35 win over the Philadelphia Eagles in Super Bowl LVII were the fourth highest of all...

Finance News
Flutter Entertainment mulls additional US listing

Flutter Entertainment  has revealed that it is considering a secondary listing of its shares in the US and the option to pursue, as a second step, a primary US listing – one...

Finance News