Finances

Slovaks Spent €1.45 Billion on Gambling in 2024
Online Casinos Lead the Market
Online casinos maintained their dominance in the Slovak gambling landscape, recording a 29.9% increase in revenue to nearly €476 million. Tax...

MGA Launches Consultation on Financial Reporting Amendments for Licensees
Enhanced Financial Reporting Requirements
Under the proposed changes, licensees must submit new monthly reports detailing player funds and managed accounts.
The MGA also plans to...

The 20 Biggest Fines Imposed on Gambling Operators in Europe
1. William Hill – £19.2 million (2023, UK)
William Hill received the largest fine in UK Gambling Commission history due to serious failings in...

Entain Reports Strong FY24 Performance
Return to Growth and Strategic Expansion
In FY24, Entain saw its total Group Net Gaming Revenue (NGR), including its 50% share in BetMGM, increase...

Veikkaus Faces Declining Sales Amid Market Transition in Finland
Revenue Decline Continues for Veikkaus
Veikkaus, Finland’s state-owned gambling monopoly, reported another year of declining sales in 2024, reflecting an ongoing downward trend. The company’s total...

Gambling Losses in Australia Soar as Cost-of-Living Crisis Worsens
Gambling Expenditure Outpaces Essential Costs
Despite rising inflation and declining real wages, gambling losses have continued to increase, contradicting expectations that discretionary spending would shrink during...

Flutter Entertainment Reports Strong Q4 2024 Growth
Q4 Performance Overview
Flutter Entertainment’s fourth-quarter revenue reached $3.79 billion, up from $3.31 billion in the same period last year. The company's net income...

Lottomatica Reports Strong 2024 Results with 23% Revenue Growth
Revenue Surges Past Initial Forecasts
Lottomatica generated €2 billion in revenue for the year ending 31 December 2024, marking a 23% rise from €1.63 billion in...

Genius Sports Reports Strong Revenue Growth in 2024
Q4 Revenue Growth Led by Betting Technology
In the fourth quarter of 2024, Genius Sports generated $175.5 million in group revenue, marking a 38% increase from...

Gegidze CEO on Georgia’s New iGaming License and Its Global Impact
A New iGaming Destination
As the sole provider of this gaming license in Georgia, Gegidze ensures a streamlined, fully remote onboarding process. The country’s business-friendly regulatory...

Galaxy Entertainment Group Reports Strong Financial Growth in 2024
Rising Adjusted EBITDA and Net Profit
In Q4 2024, GEG's Group Adjusted EBITDA rose 15% year-on-year and 10% quarter-on-quarter, reaching HKD 3.2 billion ($412 million).

GiG Software Targets €44M Revenue in 2025 Following Transformational Year
Financial Performance and Market Adjustments
Reporting as a Nasdaq Swedish First North-listed company, GiG Software posted Q4 2024 revenues of €8.8 million, reflecting a 3% decline...