Posts From: April 2023

New Jersey gambling revenue up 15% 

New Jersey’s online partners of both types of gambling won over $487 million in March, an increase of 15% from a year earlier. But figures released Friday by the New...

Finance News
Italy’s Lottomatica seeks up to $3 bln valuation in IPO

Italian gambling group Lottomatica said on Thursday it aimed to launch an initial public offering (IPO) in Milan by the end of April, with the proceeds largely earmarked to reduce...

Finance News
888 Holdings posts 5% revenue drop

888 Holdings PLC said Friday that pretax profit fell for 2022, but that adjusted earnings rose following its combination with William Hill. The London-listed online betting-and-gaming company posted a pretax...

Finance News
STS Group posts 12% year-on-year jump in wagering revenue

The value of amounts staked in Q1 2023 in the STS S.A. (excluding the UK and Estonia operations) – the main operating company in the STS Group – was PLN...

Finance News
New York mobile sports betting revenue tops $5 billion 

New York mobile sports revenue has been released by the New York State Gaming Commission (NYSGC). Revenue for March was up 9 per cent to $1.8 billion and took the first quarter...

Finance News
Denmark gambling revenue reaches DKK595m

The Danish Gambling Authority has previously published statistics on the Danish gambling market every quarter and in addition published selected key figures for the gambling market on a monthly basis....

Finance News
Sisal Italian operations merge into one subsidiary

Sisal announces the simplification of the Group structure aimed at rationalizing the corporate structure and defining a legal entity for each country in which the company operates. Sisal Italia SpA,...

Finance News
Gaming Realms profits as revenue surges 27% in 2022

Gaming Realms the developer and licensor of mobile focused gaming content, announces its annual results for the year ended 31 December 2022 and Q1 highlights for 2023. Gaming Realms’ continued...

Finance News
GAN posts fourth-quarter of $36.9 million up 21%

GAN’s fourth quarter revenue was $36.9 million an increase of 21% compared to the prior year quarter. B2B revenues increased 26% or $2.9 million and B2C revenue increased by $3.6 million. Operating expenses were $172.4...

Finance News
DraftKings CEO Jason Robins’s pay packet more than triples to nearly $50 million

DraftKings reported $1.38 billion in losses in 2022, narrower than the $1.52 billion it lost the year before, while revenue grew 73% to $2.24 billion.  The stock (DKNG) plunged 58.5%...

Finance News