Finances

16.09.2024Finances

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...
Golden Matrix Group Provides Update on Pending MeridianBet Group Acquisition
16.09.2024Online Casino

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...
11.09.2024Finances

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'...
10.09.2024Finances

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...
10.09.2024Finances

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...
10.09.2024Finances

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...
09.09.2024Finances

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...
06.09.2024Finances

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...
05.09.2024Legal

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,...
04.09.2024Finances

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 Adapts to New Finnish Gambling System with Organizational Changes
02.09.2024Finances

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...