Finances
Loto-Québec Faces Revenue Decline, but Results Stay on Forecast
Steady Results Despite Revenue Decline
The lottery product sector contributed $219.1 million to total revenues, while the casino and gaming hall sector brought in $275 million. Gaming establishment sector revenues...
Meridianbet Achieves Record-Breaking Growth in August 2024
Significant Performance Gains Across Multiple Markets
Golden Matrix Group (GMGI) has announced exceptional results for its subsidiary, Meridianbet, during August 2024. The company, which operates across multiple regulated markets, reported...
Swedish Gambling Market Sees 6% Year-on-Year Growth in Q2 2024
Growth in Online Gambling Leads the Market
According to data from Spelinspektionen, the Swedish gambling market experienced notable growth during the second quarter of 2024. Turnover – defined as players'...
Betsson Explores New Bond Issuance as Part of Financial Strategy
Financial Restructuring Plans
Betsson has appointed Swedbank AB as the Global Coordinator and Arctic Securities (AS) as the bookrunner for the proposed bond offering. Beginning September 9, 2024, these partners...
Grupo CIRSA Increases EBITDA Forecast Amid Revenue Growth and Strategic Acquisitions
Revenue Surpasses $1 Billion in H1
In the first half of the year, Grupo CIRSA’s revenue exceeded the $1bn mark, signaling robust growth across key business segments. Casino revenue saw...
Danske Spil Reports Growth in First Half of 2024
Strong Performance from Lottery Division
The Danske Lotteri Spil division contributed significantly to the overall performance, generating 56.9 per cent of the total revenue. The lottery segment saw a 5.9...
Entain Exceeds Online Revenue Expectations in Q2 2024
Success Across Diverse Markets
The company's international operations, particularly in Central and Eastern Europe, have shown sustained growth, complementing the recovery in its core U.K. and Irish online markets.
“The diversity...
Allwyn’s Q2 2024 Performance Boosted by European Operations
Steady Revenue Growth Across European Operations
Allwyn International, a global leader in lottery operations, has reported continued revenue growth, posting €2.15bn in Q2 2024, a 5% increase compared to the...
Finnish Operator Veikkaus Plans Restructuring Ahead of Multi-Licence Market Launch
Impacts of Finland’s Market Transformation
The Finnish government’s decision to end Veikkaus’ monopoly, set to take effect “no later than 2026,” has triggered significant operational changes for the company. Veikkaus,...
OPAP Reports 5.6% Revenue Growth Driven by Online Casino Expansion in H1
Strong Performance in H1 2024
OPAP's group revenue for the first six months of 2024 reached €1.08bn, up from €1.03bn in the same period last year.
While the operator's traditional lottery...
Veikkaus Struggles with Revenue Losses Ahead of Major Industry Overhaul in Finland
Revenue and Profit Down in H1 2024
Veikkaus, Finland’s state-owned gambling monopoly, reported significant decreases in both revenue and profit for the first half of 2024. The group’s sales revenue...