Posts From: November 2022

DraftKings reports higher revenue for start of football season

Draftkings said it now expects revenue for the year to be in the range of $2.16 billion to $2.19 billion, up from its previous call for between $2.08 billion and...

Finance News
PENN Entertainment revenue surges to $1.63bn

Soaring revenues from online revenue propelled Penn National Gaming to a handsome third-quarter profit, but in-person wagering on slot machines and table games at its Grantville property continued to slide. Publicly traded...

Finance News
Danske Spil full year revenue up 10%

Danske Spil’s full year profit after tax in the Danske Spil Group was DKK 1,627 million. This is an improvement of more than 10% in relation to the result after...

Finance News
Bally’s raises full year revenue forecast to $2.25bn

Bally’s has reported third quarter revenue of $578.2 million versus the previous estimate of $577.11 million. Bally’s expects full-year revenue of $2.25 billion. Lee Fenton, Chief Executive Officer said, “In...

Finance News
LeoVegas revenue slides 1% in third quarter

LeoVegas reported revenue of EUR 98.7 m during the third quarter, corresponding to a decrease of 1% compared with the preceding year. Organic growth in local currencies was unchanged. In...

Finance News
Rush Street Interactive posts third quarter revenue of $143.7m

Rush Street Interactive posts record Q3 revenue of $143.7m. Net loss was $22.7 million during the third quarter of 2022, compared to a net loss of $18.9 million during the...

Finance News
Caesars digital third-quarter revenue jumps 120%

Caesars Entertainment Inc. posted better-than-expected revenue and a return to profit in the latest quarter, buoyed by revenue from online sports betting. Net income was $52 million, or 24 cents...

Finance News
BetMakers take full ownership of Punting Form

BetMakers Technology Group is pleased to announce that it has completed the acquisition of ABettorEdge Pty Ltd trading as “Punting Form”. Punting Form uses proprietary IP and artificial intelligence to...

Finance News
Enteractive secures data security accreditation

Enteractive has been awarded the Cyber Essentials Plus certification, enabling the company to highlight its credentials as trustworthy and secure when it comes to cyber security. The Cyber Essentials Plus...

Finance News
Wynn stock rises as Houston Rockets owner Tilman Fertitta reveals Stake

Wynn’s stock rose 6.4% after a SEC filing showed that investor Tilman Fertitta has taken a 6.1% stake in the resort operator. Fertitta, who owns the National Basketball Association’s Houston...

Finance News