Posts From: November 2022

Revenue soars at NeoGames following Aspire Global acquisition

NeoGames announced today financial results for the third quarter ended September 30, 2022, the first full quarter after the completion of the Aspire Global combination. The total of Revenues and...

Finance News
Wynn shares fall following third-quarter revenue slump

Wynn’s operating revenues were $889.7 million for the third quarter of 2022, a decrease of $104.9 million, from $994.6 million for the third quarter of 2021. Net loss attributable to...

Finance News
Light & Wonder records 20% Q3 revenue rise 

Light & Wonder on Wednesday reported revenues of $648 million for the quarter ended September 2022 up 20.2%. Overall, the company delivered on its strategic initiatives and balance sheet transformation...

Finance News
Flutter upgrades US revenue guidance after strong third-quarter

Flutter Entertainment said Wednesday that it was upgrading its 2022 guidance for U.S. revenue after strong growth in the country and that group revenue for the third-quarter rose 22%.  The...

Finance News
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