Finances

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...

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...

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...

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...

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)...

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...

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...

Financial Highlights This strategic divestment, coupled with robust lottery performance, helped offset weaker results from its digital and gaming hall operations. Group Revenue: Total Revenue: DKK1.24bn (£140.5m/€166.2m/$178.3m), a 2.2% increase from...

No Relief in Sight Despite ongoing appeals from the iGaming sector, the GST Council provided no indications of a possible reevaluation of the current tax framework. This retention of the...

Adjusted EBITDA Set to Plummet The company's adjusted EBITDA is anticipated to drop significantly, ranging from €0.5 million to €1.5 million, down from €2.6 million in Q2 2023. This stark...

Background of the Issue In December 2023, Entain agreed to pay nearly £600 million, one of the largest financial penalties ever imposed in the UK, after an investigation into alleged...