Entain’s 1Q2021 financial results show a strong start to the year with growth across all major online markets. Entain Ready to Challenge Second Place in the US Today, global sports-betting and gaming entertainment group Entain posted its financial results for the period from 1 January to 31 March 202. The company reported a 33% rise […]
Omni-channel land-based and interactive gaming and entertainment provider Bally’s Corporation announced today a definitive terms agreement for the combination with Gamesys Group was reached. “We believe that this combination will mark a transformational step in our journey to become a leading integrated, omni-channel gaming company with a B2B2C business.” Soo Kim, Chairman, Bally’s Corporation Interim […]
Catena Media estimates its revenue and adjusted earnings before interest, tax, depreciation, and amortization (Ebitda) in 1Q2021 to reach record figures due to US growth, according to the company’s preliminary report. US Growth Boosts 4Q2020 and 1Q2021 Results Catena Media expects all-time high revenues and earnings, well above the market’s expectations, according to the affiliate […]
JPMorgan Chase & Co has released a new report noting a drop in Bitcoin volatility over the past three months. Bitcoin Volatility Drops Further, JPMorgan Says Volatility has curbed the enthusiasm of many early crypto adopters who thought twice before venturing into Bitcoin once the currency started climbing rapidly and then took its ceremonial fall […]
Kambi has finished 2020 with remarkable results with the Americas being the largest market for the supplier by the end of the year. US Market in the Core of Kambi’s Business Sports betting provider Kambi has finished 2020 with outstanding results despite the Covid-19 pandemic. The company reported 28% revenue increase to €117.7 million ($138.6 […]
Bally’s Corporation is making the headlines again after an announcement Wednesday it reached a principle agreement to merge with Gamesys Group in a cash deal worth in excess of £2 billion. Teasing Investor Appetite The news for the possible combination stirred into action investors at London FTSE250 and the demand for Gamesys shares caused the […]
The sports betting firm has improved its long-term financial projections after publishing strong 2020 results and due to heightened demand in online sports betting. EBITDA Expectations Up to $1.7 billion DraftKings has increased its long-term earnings before interest, tax, depreciation, and amortization (EBITDA) expectations from $1 billion to $1.7 billion. The forecast comes after the […]
Sports betting and gaming group bet-at-home.com AG released Monday its full calendar 2020 financial report posting double-digit decrease in gross betting and gaming revenue. 2020 Revenues Decrease The group revealed gross betting and gaming revenue in 2020 amounted to €126.9 million, 11.4% down compared to the €143.3 million the company generated in 2019. The slump […]
The acquisitions of Bet.Works, Monkey Knife Fight, SportCaller, as well as f Bally’s Atlantic City Hotel & Casino and Eldorado Resort Casino Shreveport have boosted Bally’s Corporation outlook for the current year. January and February Show Increase in Consumer Demand On March 4, Bally’s Corporation posted its financial results for the fourth quarter and full […]
UK-based global gaming group William Hill released its final 52 week ended December 29, 2020 earnings report posting a 16% slump in net revenues year-over-year. Growth in Online Gaming The final 2020 earnings report showed no surprises from the trading statement featuring unaudited results William Hill released in January, in which the gaming company outlined […]
