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Business
May 4, 2023
EveryMatrix Enjoys Stellar 2023 Start with Strong Q1 Results
The provider of iGaming software, content, solutions and services for sports betting and online gambling operators, EveryMatrix, released its latest trading update, revealing data regarding its performance for the first quarter of 2023. The new figures show that between January 1 and March 31, 2023, the company has seen a strong financial performance that marked […]
Business
May 4, 2023
Rush Street Interactive Reports 20% Revenue Growth for Q1 2023
The company reported revenue of $162.4 million in Q1 2023, a 20% increase from the same period in the previous year. Additionally, the net loss for Q1 2023 was $24.5 million, a significant improvement from the $52.3 million net loss in Q1 2022. Adjusted EBITDA loss for Q1 2023 was $8.7 million, an improvement from […]
Business
May 4, 2023
Affinity Interactive Brings Halise Ekmen Uysal as CFO
Affinity Interactive, an omnichannel media and operator of casino properties in multiple jurisdictions across the United States, has announced the appointment of Halise Ekmen Uysal as the company’s new chief financial officer. More Than 20 Years of Relevant Experience The media, which is owned by Z Capital Group, has brought Uysal as an executive, tapping […]
Business
May 4, 2023
Blixx Gaming Brings Patrick Jonker as CEO
Blixx Gaming is part of HappyHour.io’s portfolio of investments in the gambling industry, and the brand will now benefit from the leadership of an iGaming veteran who brings a wealth of expertise to the company and its operations. Blixx Gaming Hails Arrival of Industry Expert Jonker is well-positioned to help with growth for Blixx and […]
Business
May 4, 2023
FanDuel Confident in Profitability as Customer Acquisition Soars
FanDuel is on its own a champion within Flutter’s ecosystem and one of the company’s most important assets in the US market. Group revenue increased by 54% in the first quarter, but FanDuel was the real winner as the brand’s revenue jumped by 92% on an annual basis, demonstrating that the company may indeed be […]
Business
May 3, 2023
Caesars Publishes Q1 Report, Seeks to Reduce Outstanding Debt
Caesars Entertainment has published its Q1 2023 report, highlighting its financial performance during the period. The company recorded rising net revenues, while net losses continued to decrease. In Q1 2023, Caesars saw its quarterly revenues rise to $2.8 billion, representing an increase of 23.7% from Q1 2022’s results. Meanwhile, the company’s net losses decreased as […]
Business
May 3, 2023
Betfred and US Integrity Hit the Refresh Button on Long-Standing Partnership
The wholly-owned American subsidiary of Betfred Group which operates more than 1400 betting shops and online and mobile products across the UK and South Africa has decided to extend its lucrative partnership with US Integrity. The two started collaborating in 2020 when the sports wagering monitoring company started to provide the sportsbook with its top-tier […]
Business
May 3, 2023
Flutter Posts Strong First Quarter Results with Revenue Up 54%
The international sports betting and gambling company, Flutter Entertainment, released a new trading update, outlining its performance for the first quarter of 2023. Judging by the preliminary figures revealing the performance for the three-month period ended March 31, 2023, the company has seen strong growth in revenue as well as an increase in its number […]
Business
May 3, 2023
Kambi Group Secures Independence and Bolsters Capital Flexibility
Kambi’s impressive 2022 financials have given the group sufficient leeway to sort out its capital and achieve improved flexibility, aiding its objectives and providing additional shareholder value. The two recent measures should make the company significantly more attractive to investors and enable it to pursue its goals on its own terms. The Company Secured Its […]
Business
May 3, 2023
Microgaming Promotes Stephen Fisk to CEO Role
Gambling software company Microgaming, confirmed Tuesday a senior-level leadership change. The leading developer of iGaming software and solutions revealed that Stephen Fisk has taken over the role of chief executive officer (CEO). The appointment, which Microgaming says is with immediate effect, sees Fisk take over the role from Andrew Clucas. Stepping in as CEO, Fisk […]
