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Gambling News - 'Finance'
Business
July 22, 2025
Evoke Posts Solid Q2 Gains, Holds Course on FY25 Targets
Betting and gaming giant Evoke, the parent company of William Hill, 888, and Mr Green, has reported a second-quarter surge in revenue and earnings, driven by robust growth across its international digital business and an impressive recovery in retail operations. CEO Widerström noted that the company would strive to maintain this trajectory and deliver lasting […]
Business
July 18, 2025
Betsson’s Shares Plummet in Spite of Favorable Q2 Report
Betsson Group has published its report for the second quarter of 2025, reporting a significant organic increase in revenue. Despite that, the company’s shares have taken a dip. Betsson’s Report Outlined Double-Digit Revenue Growth According to Betsson’s report, its group revenue stood at EUR 303.7 million ($353 million) for the period, up 12% year-on-year. This […]
Industry
July 17, 2025
New Jersey Gaming Posts $581.6M in Revenue for June
The New Jersey Division of Gaming Enforcement has published its official report about the performance of the state’s gambling industry in June. As it turns out, the overall revenue reflected significant growth, underpinned by strong performance across all verticals. The Nine Casinos’ Revenues Increased Slightly The NJ DGE reported that the total casino win recorded […]
Industry
July 8, 2025
Maryland Casino Revenue Dips in June as Fiscal Year Ends
Maryland’s six licensed casinos brought in $160.67 million in revenue from slot machines and table games in June 2025, reflecting a 1.4% decrease compared to the same month last year. Maryland Casinos See Less Revenue in June Compared to Last Year This decline comes after a stronger performance in May, when statewide revenue increased by […]
Industry
July 7, 2025
Singapore Regulator Fines 9 Financial Orgs Over AML Lapses Related to Gambling
Singapore’s Monetary Authority of Singapore (MAS), has imposed a total fine of S$27.45 million ($21.45 million USD) on nine financial institutions for anti-money laundering (AML) lapses connected to one of the country’s biggest-ever money laundering cases. Singapore Regulator Fines Several Institutions Over AML Failures According to the MAS, the financial institutions involved failed to enforce […]
Business
July 2, 2025
Fintech Powerhouse Yaspa Secures $12M in Funding to Expand in the US
Yaspa, a hyper-growth financial technology company based in London, confirmed that it has received $12 million in its latest funding round. The extra money will allow the business to double down on US expansion plans. Yaspa Eyes US Growth Yaspa clarified that the funding round was led by Discerning Capital, which single-handedly contributed $10 million […]
Industry
July 2, 2025
Cirsa’s IPO to Seek Valuation of Almost $3B
Blackstone’s gambling company Cirsa is steadily proceeding with its initial public offering plans. As it turns out, the company is seeking а valuation of approximately $3 billion, according to reports. Cirsa Targets $2.95B Valuation Reuters reported that Cirsa’s upcoming IPO will target a total valuation of approximately $2.95 billion. The company is set to offer […]
Business
June 25, 2025
Hacksaw Completes Incredibly Successful IPO
Hacksaw AB, which had sought to raise $378 million via its initial public offering (IPO), has officially begun trading on Nasdaq Stockholm. The company’s IPO was a spectacular success and saw it raise approximately $404 million, surpassing the earlier projections. The IPO Valuated Hacksaw at over $2B Hacksaw’s IPO proved to be a success as […]
Business
June 25, 2025
The Star Entertainment’s Shareholders Give the Go-Ahead to Bally’s AUD 300M Lifeline
The Star Entertainment Group just held its General Meeting. Among other important developments, the Australian casino & hospitality giant secured shareholder approval for Bally’s AUD 300 million rescue proposal. Shareholders Greenlight Bally’s Aid In April, The Star revealed that it had entered into a binding term sheet with Bally’s Corporation with respect to a multi-tranche […]
Business
June 23, 2025
JPMorgan Bullish on Penn Entertainment’s Long-Term Trading Prospects
JPMorgan has shared an optimistic outlook for Penn Entertainment’s stock, expecting it to experience a significant recovery. The favorable forecast was largely due to Penn’s upcoming projects and market presence. JP Morgan Is Optimistic About the Company’s Trading Future JPMorgan’s coverage outlined a price target of $24.00 for Penn, expecting it to experience growth of […]