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Business
May 7, 2025
Genius Sports Reports Strong Q1 as Revenue Grows, Losses Shrink
Genius Sports, a leading data, tech and broadcast partner at the intersection of sports, betting and media, has published its results for the first quarter of the year, announcing an increase in revenue and a drastic decline in net loss. Thanks to the favorable results, the company’s board approved a $100 million share buyback program. […]
Business
May 2, 2025
EveryMatrix Q1 Results Spark Hope for Outstanding 2025 Performance
EveryMatrix, a leading provider of gaming content, technology and services, has published its report for the first quarter of 2025, saying that it is “set for another powerhouse year.” EveryMatrixs Started 2025 on a Strong Note In its report, the tier-1 supplier outlined a Q1 net revenue of EUR 54 million ($61.3 million), marking an […]
Business
May 2, 2025
Rush Street Interactive Starts 2025 with Big Revenue Jump and Better Profits
Rush Street Interactive (RSI) has kicked off 2025 well, showing great financial results for the first quarter with big revenue increases, better profits, and more users getting involved in the main markets. Rush Street Interactive Surges in Q1 with 21% Revenue Growth and Return to Profitability The Chicago-based online gaming and sportsbook operator saw its […]
Industry
May 1, 2025
Macau: April GGR Exceeds Expectations But Remains Lower Than in March
Macau’s revenue for April has run ahead of expectations in the wake of a suboptimal start to the year. The results for the month followed suboptimal performance in March, which sparked certain concerns about the future of local gaming. The April Results Exceeded Expectations In April, Macau’s casinos generated total gross gaming revenue of […]
Business
May 1, 2025
Star Entertainment Announces Losses in Third Quarter
Earlier this week, the Star Entertainment Group explained it had swung to an operating loss in the third quarter, which ended on March 31. Star Entertainment Announces Concerning Trends The company posted a loss of A$21 million ($13.41 million) in earnings before interest, taxes, depreciation, and amortization (EBITDA), excluding significant items, compared to an EBITDA […]
Business
May 1, 2025
Las Vegas Sands Strengthens Balance Sheet with $1.5 Billion Bond Offering
Las Vegas Sands Corp. is bolstering its financial foundations with a $1.5 billion refinancing initiative, part of a strategic push to reduce its debt profile and retain flexibility as the company expects long-term growth and lasting dividends across its global gaming portfolio. This move reflects the casino giant’s continued dedication to conservative financial practices and […]
Business
May 1, 2025
Robinhood: Customers Traded 1 Billion Contracts in the Past 6 Months
Robinhood Markets has published its Q1 2025 report. Among other things, the trading platform announced that a billion contracts have been traded in the past six months alone. The Company Kicked 2025 off with a Bang In the three months ended March 31, Robinhood’s total net revenues reached $927 million, up 50% year-on-year. The company […]
Business
April 30, 2025
Kambi Confident in Long-Term Success Despite Mixed Q1
Kambi has published its financial report for the first quarter of the year. The company noted that its results for the three-month period have been in line with expectations and that the company is positioned for further growth. Kambi’s Q1 Performance Slowed Down Kambi’s revenue for Q1 reached EUR 41.5 million, marking a decrease of […]
Business
April 30, 2025
Evolution Stock Plummets Following Suboptimal Q1 Report
Evolution Gaming’s stock has experienced a sharp decline following the company’s recent Q1 report. The company’s stock, which was worth approximately SEK 835.60 ($86.69) apiece, has plummeted to SEK 674.20 ($69.95) as of the time of this writing. The Q1 Results Did Not Meet Expectations Evolution Gaming saw its shares plummet following the publication of […]
Business
April 29, 2025
Betsson Records Double-Digit Q1 Growth Thanks to LatAm Revenue
Betsson posted an 18.3% year-on-year rise in group revenue for Q1, driven by a record-high level of customer deposits during the quarter. Betsson Records Sizable Growth in Q1 of 2025 For the first quarter of the year, revenue reached $334.7 million, significantly up from $282.8 million in the same period last year, though 4.3% lower […]
