Posts From: October 2022

Tabcorp sees digital expansion drive revenue 14%

Tabcorp’s market share was up 23.9 per cent to 24.7 per cent in the September quarter. It’s also sticking to its cost growth guidance of 3-4 per cent on last...

Finance News
Svenska Spel’s revenue falls 1% in Q3 2022

Svenska Spel has a third quarter with a strong operating margin on par with the previous year. The group continues to invest in new gaming experiences in all business areas. ...

Finance News
Record third quarter for Betsson as revenue jumps 18%

Betsson Group today reported third quarter revenue of EUR 200.3 (170.0) million, an increase of 18%. Organic increase of 35%. Casino revenue increased by 8%. Sportsbook revenue increased by 45%...

Finance News
PointsBet announces strong first-quarter results

PointsBet today reported its first quarter of FY2023. Turnover increased 18% to $1,156.7 million. PointsBet’s gross win margin of 10%, down from 11.9% a year earlier. This led to a...

Finance News
ATG posts flat third-quarter revenue of SEK4.5bn

ATG single game revenues for 1 January – 30 September 2022 are largely at the same level as the comparison period last year. This also applies to the period’s total...

Finance News
Sightline Payments receives strategic investment from J.P. Morgan

Sightline Payments, a leading FinTech specializing in payments technology for the regulated gaming industry, today announced the completion of a funding round following a strategic investment from J.P. Morgan Payments....

Finance News
Entain agrees upsized $1bn loan to finance acquisition of SuperSport

Entain announces the pricing and allocation of a $1,000m First Lien Term Loan B in USD the New Loan, with maturity in October 2029. The New Loan was upsized from...

Finance News
Enteractive Media agrees Nasdaq SPAC merger

Parsec Capital Acquisitions a special purpose acquisition corporation sponsored by Parsec Acquisitions Sponsor, LLC, announced the execution of an agreement and plan of merger with Enteractive Media Inc. The transaction...

Finance News
888 Holdings sees revenue drop 7% in Q3

888 Holdings said on Tuesday its third-quarter revenue fell due to the country’s tightened online player safety measures and closure of its Dutch operations. Revenue in the reported period fell...

Finance News
Esports Entertainment reports fourth quarter revenue of $11.7 Million

Esports Entertainment Group has announced its financial results for the fiscal 2022 fourth quarter ended June 30, 2022. Net revenue of $11.7 million, an increase of $2.9 million compared to...

Finance News