Posts From: March 2023

TAB New Zealand sees revenue jump to $230.1m

TAB New Zealand (TAB NZ) provides the sixth monthly trading update for the 2022/2023 financial year, with the results and highlights for January 2023.  TAB NZ operated through its online and...

Finance News
Flutter revenue boosted 27% amid US expansion

Flutter’s results showed why it aims to list in the US, as its American arm became its largest division in 2022. The betting operator’s revenue grew by 27% to £7.69bn,...

Finance News
Light & Wonder revenue tops $2.5bn in 2022

Light & Wonder’s gaming revenue increased to $438 million, up 18% compared to the prior year period. Online gaming revenue increased 15% and AEBITDA grew 27% from the prior year...

Finance News
Allwyn International lands €335m loan facility

A group of lenders has committed to provide Allwyn International €335m of 6 year term loans as accordion facilities under Allwyn International’s existing senior facilities agreement.  Allwyn International will use...

Finance News
Taiwan Sports Lottery revenue hits record on World Cup

The Taiwan Sports Lottery reported record revenues of NT$6.46 billion (US$1.42 billion) last year, with record wagers placed on The FIFA World Cup  The lottery said that NT$4 billion of the...

Finance News
Lottomatica readies IPO as 2022 revenue hits €1.4bn

The stock exchange listing process for Lottomatica Group has started. The shareholders’ meeting of the group active in the Italian gaming market approved the launch of the process of listing the company’s...

Finance News
Playtika shares jump 7% after record performance 

Playtika Holding Corp. shares were up 7% to $10.29 Tuesday after the company reported fourth-quarter earnings that beat analysts’ expectations. The Israel-based mobile gaming company said it had quarterly earnings...

Finance News
IGT revenue rises to $4.2bn

International Game Technology on Tuesday reported a fourth-quarter loss of $64 million, after reporting a profit in the same period a year earlier. For the year, the company reported profit...

Finance News
BlueBet sees revenue jump to €280.5m

BlueBet Holdings today announced its half year financial results for the six months ended 31 December 2022 (H1 FY23). Active Customers up 33.8% to 60,328 with continued market share gains...

Finance News
Pointsbet shares dip on $178 million loss

PointsBet has reported a net loss of $178 million in the latest half, despite nearly doubling its US revenue. The result comes amid growing speculation about new-kid-on-the-block Betr taking over...

Finance News