Finances

14 hours agoFinances

FDJ Reports Strong Growth in First Half of 2024

Performance in France In France, gaming revenue increased by 7% to €1,299 million. Lottery revenue contributed €1,005 million, representing a 5% rise overall and 7.8% excluding the Amigo game. Digital growth...
25.07.2024Finances

Ontario’s Online Gambling Market Sees Significant Growth in Q2 2024

Increase in Player Accounts The number of active player accounts also saw significant growth. In Q2 2024, nearly 1.9 million active accounts were reported, compared to approximately 920,000 in Q2...
25.07.2024Finances

Kindred Reports Strong Q2 Results with 7% Revenue Increase

Financial Highlights This growth was largely driven by strong performance in Western Europe and the commencement of the Euro 2024 tournament towards the end of the period. Excluding the North...
24.07.2024Finances

Kambi Reports 6.5% Revenue Increase in Q2 2024 Amid Leadership Transition

Impact of Major Sports Events Wagers placed through Kambi-powered operators increased by 3.1% during the quarter. However, excluding the migration of Penn Entertainment to its proprietary platform, turnover would have...
19.07.2024Finances

Betsson Reports Strong Q2 2024 Financial Performance

Revenue Growth and Financial Highlights EBITDA increased by 15% year-on-year to €77.6 million, reflecting an EBITDA margin of 28.6%. Operating income was up by 18% to €64.1 million, and the...
18.07.2024Finances

Evoke Reports Stable Q2 2024 Revenue Amid Strategic Shifts and Challenges

UK Online and Retail Performance In the UK online segment, Evoke saw a 3% revenue increase to £174 million, driven primarily by a 6% growth in gaming. This growth was...
17.07.2024Finances

Operating Profit Surges for Svenska Spel Despite Revenue Drop in Q2 2024

Casino Cosmopol's Impact The Casino Cosmopol segment experienced significant challenges, with NGR plummeting by 72% to SEK35 million. This steep decline was primarily due to the closure of casinos in...
15.07.2024Finances

Philippine Gaming Sector Sees Significant Growth in H1 2024

Significant Rise in Net Income Pagcor reported a net income of PHP6.56 billion for the first six months of 2024, marking an impressive 121.48 percent increase from the previous year. This...
10.07.2024Finances

Betfred Reports Significant Loss Despite Revenue Growth in Challenging Fiscal Year

Revenue Growth and Internet Performance The company's revenue dynamics revealed a strong performance, primarily driven by a 99% surge in internet revenue. Online revenue soared from £165.5 million ($211.7 million)...
28.06.2024Finances

Xanada Investments Backs Promofy to Revolutionize iGaming Gamification

The move aims to bolster Promofy’s expansion into European markets, starting with Georgia, following its successful debut in the CIS region. About Promofy Promofy stands out with its AI-driven gamification solutions...
27.06.2024Finances

Soft2Bet Launches €50M iGaming Innovation Fund

Vision and Goals The fund aims to support both growth-stage and mature companies within the iGaming sector, offering investments ranging from €500,000 to €1 million. Soft2Bet CEO Uri Poliavich, who announced...