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Business
August 8, 2025
DraftKings Demonstrates Enduring Resilience with Impressive Q2 Financials
DraftKings posted an impressive performance in the second quarter of 2025, setting all-time highs in revenue and Adjusted EBITDA. The iGaming and sports betting giant achieved $1.51 billion in revenue during the quarter, a 37% year-over-year rise. Adjusted EBITDA hit $301 million, more than twice the company’s highest mark, translating to a 20% margin. Sports […]
Business
August 8, 2025
New South Wales Greenlights On Nut Road’s Acquisition of Donaco
New South Wales has greenlit On Nut Road Limited’s acquisition of Donaco International, securing the final approval needed to close the deal. As a result, the latter company will delist from the Australian Stock Exchange on August 8. On Nut Road to Acquire Donaco On Nut Road, a Hong Kong-based, Argyle-backed special purpose vehicle, set […]
Business
August 8, 2025
Super Group Expresses Confidence in Long-Term Success, Eyes Further Crypto Opportunities
Super Group’s leadership has addressed the company’s record-breaking Q2 and discussed future opportunities for the business. Among other things, Super Group mentioned crypto as a sector it is closely following. Super Group Experienced Strong Growth in Most Markets Super Group’s recent Q2 report outlined new revenue and EBITDA records, sparking optimism about the company’s long-term […]
Business
August 7, 2025
Super Group’s Q2 Broke Its Revenue and EBITDA Records
Global gaming giant Super Group has published its financial report for the second quarter of 2025, highlighting a new quarterly revenue record. The leadership praised the results and said that the investments in technology should position the group for long-term growth. The Company’s Quarterly Performance Was the Strongest on Record In the second quarter of […]
Business
August 7, 2025
Penn Entertainment Posts Strong Q2 Results as Interactive Segment Marks New Record
American gaming giant Penn Entertainment has published its financial report for the second quarter of the year, reporting an increase in revenue and EBITDA, as well as a significant narrowing of the company’s net loss. Penn’s Interactive Segment Reported Record-Breaking Figures In the second quarter of 2025, Penn Entertainment’s revenue reached almost $1.8 billion, marking […]
Business
August 7, 2025
Light & Wonder Drops Nasdaq, Eyes Sole Australia Listing
The global gaming tech giant that creates “content, hardware and systems that connect iconic titles across any place or channel”, Light & Wonder, is preparing for a major shift in its market strategy. The Las Vegas-headquartered company has expressed its intention to pull out its stock from the Nasdaq Stock Exchange and focus exclusively on […]
Business
August 6, 2025
Genius Sports’ Q2 Net Loss Offsets Double-Digit Revenue Growth
Genius Sports Limited, a company that powers sports, betting and media businesses with data, technology and broadcast services, has published its financial results for the second quarter of 2025. The company reported a double-digit increase in revenue and unveiled its outlook for the year. The Company’s Strong Revenues Were Offset by Net Loss of $53.9M […]
Business
August 6, 2025
Inspired Entertainment Posts Strong Q2 Results, Appoints New VP of Investor Relations
Inspired Entertainment, a leading provider of content, technology and solutions to the gaming industry, has published its financials for the second quarter of the year. In addition to that, the company unveiled the appointment of Aimee Remey as its new vice president of investor relations. The Company’s Financial Growth Was Driven by the Interactive Segment […]
Business
August 6, 2025
Bet365 Forays into Kansas, Unveils Promotions
Leading betting operator bet365 has expanded its US footprint with the launch of its award-winning sportsbook in Kansas. The company said that local fans should stay tuned for a rich variety of markets, competitive odds and cutting-edge features. Bet365 Enters Its 14th State According to the announcement, Kansas would mark the fourteenth state where bet365’s […]
Business
August 5, 2025
Inspired to Power Jenningsbet Shops with Vantage Terminals
Inspired Entertainment, a leading provider of content, technology and solutions to the gaming industry, has unveiled a new partnership with Jenningsbet, the UK’s biggest independent retail operator. Under the agreement, Inspired will supply its new partner with cutting-edge gaming products. Inspired Teams Up with the Top Independent Operator in the UK Under the agreement, Inspired […]
