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Gambling News - 'Finance'
Business
November 10, 2022
Raketech Revenue up 35% In Third Quarter to €13 Million
One of the largest online marketing affiliate companies within the growing iGaming industry, Raketech, released its Q3 interim report. The company acknowledged it has seen strong growth in revenue between July and September this year. Raketech Reveals Q3 Trading Update, Reports Revenue Increase Overall, Raketech’s revenue hit €13 million ($12.9 million) for the third quarter […]
Lottery
November 10, 2022
Pollard Banknote Enjoys $125.5M Sales Record in Q3
Pollard Banknote, a leading provider of products and solutions to charitable and lottery gaming industries, released its latest trading update. The company reported its financial results for the three and nine months ended September 30, 2022. The Company Enjoys Stellar Third Quarter In Q3 this year, the company’s sales increased hitting a quarter record of […]
Business
November 10, 2022
Light & Wonder Plans to Keep Positive Momentum after Strong Q3
The leading cross-platform global game company, Light & Wonder, released its Q3 results Wednesday. Light & Wonder Posts Q3 Results, Sees Revenue Increase Judging by the recent unaudited results, the company enjoyed a strong performance for the three months ended September 30, 2022. Overall, Light & Wonder’s revenue in Q3 hit $648 million, marking an […]
Business
November 10, 2022
Wynn Resorts Released 3Q22 Financial Results
The company is showing great US results and losses from its Macau operations yet again, but the general sentiment is still positive. Q3 Results Tell Familiar Story Wynn Resorts recently held an earnings call and the company’s financial results for the third quarter are out. Operating revenue was $889.7 million, which was down around 10% […]
Business
November 10, 2022
Inspired Reports Declining Revenues in Q32022, Growth Only in Virtual Sports
Following a very strong second quarter, gaming content and technology B2B provider Inspire Entertainment has seen a year-on-year decline in its third-quarter financial results. Declining Revenues for Inspired in Q3 Game technology firm Inspired Entertainment saw decreasing total revenue and revenues from its various divisions in the third quarter of 2022 with virtual sports revenue […]
Industry
November 10, 2022
DoubleDown Reported Lower Revenue and Higher Expenses in Q3
Social casino publisher DoubleDown Interactive reported its unaudited financial results for the third quarter of 2022, posting a loss of $24 million as revenue fell and operating expenses more than doubled due to the Benson class action settlement’s quarterly incremental charge. Revenue Impacted by Rising Inflation DoubleDown Interactive posted for the three months ended September […]
Lottery
November 9, 2022
Lottery.com’s Woes Continue as Kivel Resigns
Richard Kivel, chairman of Lotery.com’s board of directors, has handed in his resignation after trying to get the company’s finance under control in vain. In his resignation letter, Kivel listed the reasons for his departure. Kivel cited the delayed arrival of the funding from Woodford Eurasia and the federal investigation into Lottery.com’s chief compliance officer, […]
Business
November 9, 2022
Gaming Innovation Group Posts €22.9M Revenue in Q3, up 35%
The iGaming company offering cloud-based product and platform services, Gaming Innovation Group (GiG), released its third quarter revenue results. Announced Wednesday, the company outlined it has seen an increase in revenue and EBITDA in Q3. Gaming Innovation Group Releases Q3 Revenue Report GiG reported an all-time high revenue of €22.9 million ($23 million) in Q3. […]
Business
November 9, 2022
Accel Entertainment Reports 38% Revenue Boost
Leading distributed gaming operator and preferred partner for local businesses in Nevada, Montana, and Illinois, Accel Entertainment, has published its operating and financial results for the third quarter than ended September 30. The NYSE-listed company has reported a 108% net income increase to $22.4 million in Q3 2022 compared to $10.8 million in Q3 2021. […]
Business
November 9, 2022
Flutter Reports Strong Revenue Growth Hitting £1.89bn in Q3
The global sports betting, gaming and entertainment provider, Flutter Entertainment, released Wednesday its latest trading update outlining the company’s performance in the third quarter. In its latest report, Flutter recorded strong revenue growth for the three months ended September 30, 2022. Flutter’s Revenue in Q3 Soars to £1.89bn The company’s total unaudited revenue for the […]