Finances

Supporting Innovative Ideas With this new initiative, Soft2Bet aims to support the next wave of groundbreaking ideas in the iGaming sector. Known for its approach to innovative solutions, the company...

Casino Leads Revenue Generation Casino remains the primary source of revenue, generating €167.8m in Q1, accounting for 47.8% of all market revenue. The quarterly total was 17.0% higher than last...

A Strong Year for Alderney's Gambling Industry The AGCC has been a pivotal entity in regulating online gambling for the States of Alderney since 2000, ensuring that the jurisdiction remains...

Record Betting Volume Drives Growth In the first three months of 2024, NorthStar Bets, the company's Ontario-based casino and sportsbook platform, saw an impressive CA$218 million ($159.5 million) in wagers. This...

Robust Performance in Line with Expectations Allwyn’s CEO, Robert Chvatal, expressed contentment with these figures, indicating that the performance was "broadly in line" with the group’s projections at the year's...

Impact on the Legal Gambling Market NOGA's Director, Peter-Paul de Goeij, highlighted the potential adverse effects of this substantial tax increase on the industry. "The proposed increase in the tax...

During the buyback period from 13 May to 17 May 2024, Kambi repurchased a total of 92,000 ordinary B shares at a volume-weighted average price of 104.89 SEK as...

Bet365’s Financial Downturn In January 2023, Bet365 reported a loss of £72.6 million, a stark contrast to the company’s consistently strong financial performance over the past two decades. This unexpected...

Financial Performance and Operational Highlights The growth trajectory of FansUnite is not just limited to revenue. The company also saw its gross margin rise to CA$5.22 million in Q1 2024,...

Financial Highlights and Market Dynamics During the first quarter of 2024, Raketech reported revenues of EUR 19.0 million, marking an impressive organic growth of 20.1%. This growth is largely attributed...

Strategic Expansion and Financial Enhancements Ian Bowden, Senior Director UK & Ireland at Better Collective, expressed enthusiasm about the acquisition: "I am thrilled to announce the addition of AceOdds to...

Sportradar attributed the adjusted EBITDA increase to revenue growth and enhanced operating efficiency, both of which offset increasing sports rights costs. Broad-Based Strength Across Product Portfolio Sportradar pointed to "broad-based strength"...