Posts From: December 2022

FIFA World Cup Final Is the Second Most Popular Sports Match for US Bettors 

Argentina’s stunning victory over France in the World Cup final emerged as the second most popular sports match of the year for bettors in the US, according to data from...

Finance News
DraftKings leads the way in Kansa sports betting market in November

The Kansas Lottery which oversees sports wagering at casino sportsbooks, online and via mobile apps in the state since it became legal in September released its monthly report for November,...

Finance News
Tennessee sets record with $439.5M in sports wagers in November

Tennessee’s record month also sent the national gross revenue for the 2022 calendar year over $6 billion, with that figure accounting for nearly 46% of the nearly $15.2 billion. Sports betting is...

Finance News
Rank Group lowers full year earnings guidance

The Rank Group today provided an overview of trading performance for the five months to 30 November 2022 and an update on its profit expectations for the year ending 30...

Finance News
PlayStar to receive $15m investment from Meyer Global Management

PlayStar have been bolstered with a letter of intent with Meyer Global Management, LLC (MGM) that outlines a $15 million equity investment into its future growth. One of the newest...

Finance News
XLMedia explores sale of personal finance division 

XLMedia the global digital media company that manages a portfolio of premium brands with an emphasis on Sports and Gaming in regulated markets, announces that the business is restructuring its...

Finance News
US gaming revenue hits record $5.29bn in October

The U.S. commercial gaming industry maintained its momentum in October with revenue reaching $5.29 billion, increasing 10.5 percent year-over-year and marking 20 consecutive months of growth. October was the industry’s...

Finance News
Playtika to layoff about 600 employees

Playtika will cut 15 per cent of its workforce. About 600 employees worldwide will be dismissed including 180 in Israel, the media reported. ”Playtika’s success is rooted in our agility, efficiency,...

Finance News
New York sportsbooks wagers hit $1.55bn in November

Online sports betting in New York is trending back up, and towards record levels. Numbers reported recently by the New York State Gaming Commission show the state’s online sports betting...

Finance News
Esports Entertainment puts online gaming assets up for sale

Esports Entertainment Group to announced the departure of Grant Johnson from his position as Chairman and Chief Executive Officer, effective December 3, 2022. The Board of Directors has identified several...

Finance News