Posts From: February 2023

DraftKings reports fourth quarter revenue of $855 Million 

Draftkings shares have jumped in after-hours trading as the digital sports entertainment and gaming company posted a fourth-quarter revenue beat and raised its fiscal 2023 guidance.   DraftKings stock had...

Finance News
U.S. sports betting and online gaming revenue hits $60.4 billion 

U.S. commercial gaming revenue reached an annual record of $60.4 billion in 2022, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This marks the first $60 billion year...

Finance News
FDJ raises dividend following very strong 2022 results 

FJD’s 2022 revenues were up 9% to €2.5 billion, on a 9% increase in stakes to €20.6 billion. After a first half of the year that benefited from the post-Covid...

Finance News
GiG reports record Q4 as revenue jumps to €26m

Gaming Innovations Group achieved all-time high revenues in Q4 2022 amounting to €26.0m (18.1), an increase of 44% YoY, whereof 35% organic. Adjusted EBITDA was €10.8m (6.3), up 71%, adjusted...

Finance News
Super Bowl betting in Nevada drops nearly 15%

The Gaming Control Board said Tuesday that wagers placed on the Kansas City Chiefs’ 38-35 win over the Philadelphia Eagles in Super Bowl LVII were the fourth highest of all...

Finance News
Flutter Entertainment mulls additional US listing

Flutter Entertainment  has revealed that it is considering a secondary listing of its shares in the US and the option to pursue, as a second step, a primary US listing – one...

Finance News
Betsson shares jump on Q4 revenue and World Cup boost

Betsson Group today reported group revenue for EUR 220.6 (157.5) million, an increase of 40%. Organic increase of 48%. Casino revenue increased by 27%. Sportsbook revenue increased by 76% and...

Finance News
New York online sports betting reach new record high in January

New York online sports betting has officially eclipsed more than $1.79bn billion in handle since its January launch. The New York State Gaming Commission reported the state took in more...

Finance News
GeoComply records 100 million transactions for Super Bowl LVII

GeoComply conducted a record 100 million geolocation checks across 23 US states and the District of Columbia with legal, online sports betting during Super Bowl LVII weekend. This was the...

Finance News
Svenska Spel full year revenue tops SEK 8bn 

The Svenska Spel Group’s fourth quarter is characterized by continued investments in new gaming experiences and a maintained focus on sustainable gaming. Svenska Spel’s board intends to propose a dividend...

Finance News