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Business
August 10, 2022
Fantasma Games Shares Its Q2 2022 Report, Shows Massive YoY Growth
Fantasma Games, a well-known slot developer, has shared its report for the second quarter of 2022. According to the report, the company’s YoY GGR has increased by a staggering 314% and its net sales surged by 396%. The Developer Had Several Significant Events in Q2 The quarter was labeled by Fantasma as busy as it […]
Business
August 10, 2022
Bragg Posts Record Financial Results, Adjusts Full Year Revenue Guidance
Global B2B gaming content provider Bragg Gaming Group raised its revenue guidance for the full year 2022 to €76-80 million ($78-82 million) from €68-72 million ($70-74 million) as it reported record-breaking financial results during the second quarter of 2022 ending on June 30. Revenue Rises 34.2% Year-On-Year Global gaming technology provider Bragg did exceptionally […]
Business
August 9, 2022
AGS Posts Strong Q2 2022 Results
American Gaming Systems (AGS) has reported that recent investments in key teams have greatly contributed to the company’s rising revenues. The company closed the second quarter of 2022 with 14.6% higher revenues. A Positive Net Income for the First Time in 10 Quarters The gaming experiences provider earned $76.6 million for the period. This number […]
Business
August 5, 2022
Sega Sammy FY22/23 Q1 Results Behind Pre-pandemic Figures Still
Gross profit for Q1 in FY22/23 was up YoY by 4.6% but still 11.3% behind 2019Q1, with expenses seeing an approximately 10% uptick compared to last financial year’s same period as well. Overall Good Financial, Still Lagging Pre-pandemic Levels Sega Sammy released its financial results for the first quarter of the financial year FY2022-23, which […]
Business
August 5, 2022
Q2 Playtika Revenue Stable, Net Income Down Almost 60%
The company’s Q1 results were much stronger and the tougher operating climate seems to be the story most companies to show such results resort to. Financial Results Speak for Themselves Although Playtika’s revenue has remained almost unchanged, sitting at $659.6 million, compared to $659.2 million in the same period last year, net income has seen […]
Business
August 5, 2022
FuboTV Reports Strong Growth, Subscribers and Liquidity in Q2, 2022
Fubo TV Inc. is well on track in terms of financial results during the second quarter of the year and the latest update published by the company has seen a significant increase in FuboTV’s North American streaming business, ad revenue, and paid subscribers. FuboTV Reports on Strong Revenue and Subscriber Growth FuboTV reported that its […]
Industry
August 4, 2022
PENN Entertainment Posted Q2 2022 Results, Changed Name
Penn National Gaming released its report reflecting the company’s performance in the second quarter of the year and announced its new name, PENN Entertainment. Net Income Sank PENN reported $1.63 billion in revenue for the three months ended June 30, 2022, to post an increase of 5.2% compared to $1.55 billion in second quarter 2021 […]
Industry
August 4, 2022
Bally’s Reported Q2 2022 Results, Revised Full Year Guidance
Hospitality, gaming and entertainment company Bally’s Corporation released today its financial results for the second quarter of the year posting 106% growth in revenue year-over-year. Revenue more than Doubled For the three months ended June 30, 2022, Bally’s Corporation generated revenue of $552.5 million to more than double the $267.7 million the gaming and entertainment […]
Industry
August 3, 2022
IGT’s Second Quarter 2022 Financial Performance Stalled
Supplier of gambling technology, software and equipment International Game Technology (IGT) announced Tuesday its second quarter 2022 results and revealed the business is slowing down. Revenues Showed the Business Stalled For the three months ended June 30, 2022, IGT showed total consolidated revenue of $1.02 billion, down 2% from $1.04 billion for the same three […]
Industry
August 2, 2022
SJM Holdings’ H1 2022 Performance Continued to Deteriorate
Macau casino concessionaire SJM Holdings announced today in a filing to the Hong Kong Stock Exchange the company’s unaudited consolidated interim results for the first half of 2022, posting a loss attributable to the owners of the company nearly twice as much that in the same period in 2021. Key Performance Metrics For the first […]
