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Business
February 2, 2024
Rank Group Enjoys Strong Results, Remains Optimistic about UK Growth
The Rank Group released its latest interim results, uncovering details regarding its progress over the six months ended December 31, 2023. The company referred to the period as H1 2023/24, with results pointing to an increase in net gaming revenue (NGR) year-over-year. Besides financial data, Rank Group released details regarding its expectations for 2024 in […]
Business
February 1, 2024
20SHOTS Secures an Investment from Steve Rogers
Steve Rogers’ new infusion of funds in the provider of “best in class, free-to-play games” that boost customer acquisition and engagement, 20SHOTS, joins similar investments aimed at the same company announced by other big names in the industry. The list includes Gambit Research’s former chief executive officer, Jasper White, Playtech BGT Sports’ chief commercial officer, […]
Sports
February 1, 2024
Nearly $8bn Wagered for the First Year of Legal Betting in Ohio
Ohio, a US state that has a population of approximately 11.8 million people, legalized sports betting late in 2021. A few years later, on January 1, 2023, the state launched officially its legal retail and online sports betting market, delivering a wide range of options for bettors and sports fans alike. A year and one […]
Business
February 1, 2024
BetMakers Reports Revenue Growth, Highlights Achievements in Q2 FY24
The leading international provider of business-to-business betting technology, content data, services and solutions, BetMakers Technology Group, released its latest quarterly activities report earlier this week. The company’s unaudited Q2 FY24 report reveals details regarding its performance for the three months ended December 31, 2023. For the latest trading period, BetMakers posted strong revenue which hit […]
Business
February 1, 2024
Evolution Wraps up a Successful Q4 and 2023, Posts Strong Results
Evolution, the leading business-to-business supplier of technology, content and solutions, catering to the global gambling and betting industry, uncovered details regarding its fourth quarter and full year 2023 performance. The company’s latest financial update emerged Thursday, pointing to strong growth in operating revenues, EBITDA and operating profit. The latest trading update reveals that Evolution’s operating […]
Business
January 31, 2024
Yolo Investments Injects €1.13M Funding into Just Slots
Emerging gaming software developer that describes itself as the game-changer in online gaming, “driven by innovation, speed, and creative excellence,” Just Slots, has obtained a €1.125 million ($1.35 million) investment from a venture capital firm that specializes in seed and A-stage investments within the gaming and fintech sectors, Yolo Investments. The latter focuses on investing […]
Business
January 31, 2024
PointsBet Posts Record-Breaking Q2 Results in Australia and Canada
PointsBet has published its Q2 report, posting record net win in both Australia and Canada. The company’s sports betting activities continued to underpin the results as both handle and net win increased. However, the biggest growth was recorded by PointsBet’s iGaming vertical. Taking a look at how PointsBet performed in Australia, the company posted a […]
Business
January 31, 2024
PlayGreen Secures $6M Funding Round for LatAm Expansion
The fast-growing Brazilian gaming and sports media company, PlayGreen, was founded back in 2020. Aiming at disrupting the betting sector in Latin America, the company has been growing its offering and expanding its footprint in Brazil, as well as Ecuador. Earlier this week, PlayGreen announced another important achievement after closing a multi-million funding round. The […]
Business
January 31, 2024
Fitch Bumps Wynn Resorts to BB- with Stable Outlook
Wynn Resorts, the global hospitality, entertainment and gaming company, secured a first-time BB- rating from Fitch Ratings, the leading provider of credit ratings, commentary and research for global capital markets. Announcement about the rating and the stable outlook, applicable for the gaming company along with its related companies, came Tuesday. Per the leading credit research […]
Business
January 30, 2024
GamePLAI Receives £1.5M Funding from Betting Industry Vets
The sportsbook trading supplier that employs machine learning and real-time technology to assess each second of a sporting event to curate rich analytics and forecasts that generate fan engagement, GamePLAI, has scooped up £1.5 million ($1.9 million) in new investment. The funding comes from a number of gambling industry veterans, including Pinnacle’s former trading director, […]
