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Business
February 23, 2023
CDI Reports Revenue Growth of 13% To Record $1.81B in 2022
Overall, the net revenue reported by Churchill Downs Incorporated (CDI) for the year ended December 31, 2022, hit $1.81 billion, a new record for the company. This result, when compared to the $1.6 billion figure reported in 2021, marked an increase of 13%. Not unexpectedly, the net income reported by CDI in 2022 increased as […]
Business
February 23, 2023
NetBet Italy and Amusnet Interactive Ink Win-Win Partnership
As a result of the newly inked agreement, several of Amusnet Interactive’s most popular casino games will soon reach NetBet’s online platform and become fully accessible for Italian players. Amusnet Interactive to Grow Its Presence in the Industry Previously known as EGT Interactive, Amusnet Interactive hopes to use the new deal to further expand its […]
Business
February 23, 2023
TonyBet Integrates Greentube Content into Its Latvian Portfolio
Greentube, NOVOMATIC’s digital gaming and entertainment division, has consolidated its presence in the regulated Latvian market thanks to a deal with TonyBet. Per the agreement, Greentube will provide the local operator with its engaging gaming content. Following the integration, a selection of classic and innovative Greentube and blue chip NOVOMATIC games are available to Latvian […]
Business
February 23, 2023
The Star Reports Loss in H1 FY23, Plans to Raise Equity
Australian entertainment and gambling company The Star Entertainment Group released its H1 FY23 results acknowledging net loss and plans for equity raising. The company’s gross revenue for the period was AU$1.01 billion ($689.1 million), while normalized EBITDA was AU$200 million ($136.4 million) and net profit was AU$44 million ($30 million) for the six months until […]
Business
February 22, 2023
Kambi Group Delivers Impressive 2022 Financial Results
Kambi’s Q4 2022 report reveals growth across all key verticals after the hugely successful World Cup. Solid financials, many new partnerships, and expanding growth opportunities provide the company with a solid jump-off point to tackle 2023’s challenges and take the first steps towards its goal of €50 billion gross gaming revenue (GGR) by 2027. The […]
Business
February 22, 2023
Lottomatica’s IPO May Become a Reality in April
Apollo Global Management, the American global private-equity firm behind the Italian operator Lottomatica, plans to have the casino brand go public. As reported by sources earlier, Lottomatica’s initial public offering listing may be ordered very soon. Apollo’s strategy would be to list Lottomatica on the Borsa Milan Exchange. The rumors were later confirmed by Lottomatica […]
Business
February 22, 2023
Hacksaw Gaming Inks Content Partnership with William Hill
Announced Tuesday, the new deal will deliver games from the leading provider of content for the iGaming industry, expanding William Hill’s offering. Per the terms of the new deal, the leading operator will benefit from Hacksaw Gaming’s portfolio of games including the recently released hit Dead or a Wild, among other leading titles. Besides innovative […]
Business
February 22, 2023
Betsson Goes Live in Ontario via Betsafe Brand
The holding company that invests in and leads quick-developing iGaming companies has been granted a business-to-business and a business-to-consumer online gaming authorization for the locally regulated market in the Canadian province. Shortly after, a complete business-to-consumer offering was officially launched by Betsson with the help of the company’s international brand Betsafe. The decision perfectly matches […]
Business
February 22, 2023
Raketech Posts Spectacular Q4 Results, Will Focus on Key Products in 2023
Raketech published its financial results for the final quarter of 2022, highlighting its performance. The company experienced good organic growth and recorded record-breaking revenues. Revenues for the period sat at $16.7 million (converted to USD) thanks to the performance of Raketech’s core portfolio of affiliation marketing. Revenues from the United States increased to $2.45 million, […]
Business
February 22, 2023
Better Collective Surpassed 2022 Targets, Hopes to Do Even Better in 2023
Better Collective has published its interim report for Q4 2022. In the period between October 1 and December 31, the company’s metrics rose across the board, contributing to the record-breaking results it already expected. In Q4 2022, the company’s revenue reached around $91.6 million (converted to USD), which represents a growth of 63% year-on-year. Recurring […]
