Finances

Shea, a former VP of Sportsbook at DraftKings, expressed that live betting in the US is yet to reach its full potential, despite being legal for over five years. In-Play...

Electronic Gambling As a country, Japan is almost entirely inaccessible to the iGaming industry. Electronic casinos are legally banned, with the only exception being bookmaker bets on a limited number...

The purchase of 270,000 shares at a price of NOK 30.00 per share marks a substantial increase in Warrer's stake in the company. Following this transaction, Jonas Warrer, along...

A comparative analysis shows a 17.4% decrease year-on-year, contrasted with a 21.8% increase from the previous month. This fluctuation highlights the variable nature of the sports betting market. Caesars,...

The company reported a consolidated total revenue of €2,007 million, marking a significant 98% year-on-year increase. This growth was primarily fueled by Allwyn's recent strategic acquisitions. Impact of Strategic Acquisitions The...

The bid, which was presented in the summer of 2023, amounted to a striking £700 million (approximately $883 million). Playtech's Offer and 888 Holdings' Valuation Playtech proposed acquiring 888 Holdings at...

JP Morgan downgraded 888 Holdings from 'overweight' to 'neutral', significantly reducing the target price for the stock from £1.50 to £0.97 per share. This adjustment had an immediate impact...

This surge has prompted the government to consider regulatory measures due to concerns about addiction and financial losses. Online Slot Machines: A Lucrative but Concerning Trend The industry's total revenue hit...

Year-to-year increase Between April 2022 and March 2023, the total Gross Gambling Yield (GGY) of the industry reached a notable £15.1 billion, marking a 6.8% increase from the previous year. Excluding...

The company achieved impressive growth in its financial metrics despite challenging global conditions. It reported a significant increase in operating revenues to 493 million euros and an operating profit...

This figure represents a modest increase from the PHP56.61 billion reported in the preceding quarter and a significant 15.1 percent rise from the same period in the previous year. Data...

Despite a year-over-year decrease, the month saw a notable increase in betting handle and revenue, mainly driven by the ongoing National Football League (NFL) season. NFL Season Boosts Gambling Metrics The...