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Business
November 6, 2023
Konami Posts H1 FY2024 Results, Reports Increase in Gaming & Systems Segment
Entertainment powerhouse Konami Group has posted its results for the first half of the fiscal year. The company reported its results for the six-month period ended September 30, marking a sharp increase in its Amusement and Gaming & Systems segments. The company’s overall revenue increased by 3.7% year-on-year to JPT 153.9 billion (roughly $1.02 billion). […]
Business
November 3, 2023
DraftKings’ Q3 Results and Improved Guidance Highlight the Success of Its Strategy
DraftKings has published its Q3 2023 results, updating its guidance thanks to its strong performance. The American betting company posted revenue of $790 million for the period – a figure that represents a staggering 57% year-on-year increase from the $502 million recorded in 2022. In the wake of this strong figure, DraftKings raised its FY […]
Business
November 3, 2023
Legal Betting Market in Kentucky Grows Steadily since Launch
Early in September, Kentucky introduced retail and mobile sports betting. Nearly two dozen mobile and land-based sports betting operators licensed in the state started offering their services to bettors and sports fans alike. The move of lawmakers to legalize sports betting comes as no surprise, considering the growing popularity of the activity across the United […]
Business
November 2, 2023
Entain Posts Strong Growth with Group NGR Up by 7% In Q3
The global sports betting and gaming group, Entain plc, released its latest unaudited financial report, revealing insights regarding the company’s performance for the third quarter of 2023. The new update encompasses the trading period between July 1 and September 30, 2023. Overall, Entain reported a 7% increase in total group net gaming revenue (NGR), including […]
Business
November 2, 2023
Sportradar Hints at Reducing Workforce Amid Strong Q3 Results
The leading global sports technology company developing immersive experiences for bettors and sports fans across the globe, Sportradar Group AG, released its latest trading update Wednesday. The company uncovered details regarding its financial performance for the quarter ended September 30, 2023, revealing an uptick in revenue along with a decrease in total profit from continuing […]
Business
November 1, 2023
Caesars Posts Good Q3 Results, Anticipates Strong Finish of 2023
The leading gaming and entertainment company, Caesars Entertainment, released its latest trading update Tuesday. The company unveiled details regarding its third quarter results, pointing to strong performance and an increase in net revenues. Overall, Ceasars’ net revenues for the three months ended September 30, 2023, were just shy of $3 billion. The company’s $2.99 billion […]
Business
November 1, 2023
Kambi Publishes Q3 Report, Highlights Importance of Recent Deals
Kambi Group has published its report for the third quarter of 2023, highlighting its financial results and its recent achievements. In addition to recording higher metrics across the board, Kambi scored “landmark signings” with Svenska Spel and LiveScore Group. In Q3, Kambi recorded revenue of €42.1 million ($44.4 million), exceeding Q3 2022’s result of €36.7 […]
Business
November 1, 2023
Nevada Gaming Win Increases by 2% in September to $1.27bn
The Nevada Gaming Control Board (NGCB), the gambling operator in the state, released its newest revenue and collections report, outlining details regarding the performance of nonrestricted gaming operators for September this year. The new report emerged Tuesday and saw nonrestricted gaming licensees across the state report a total gaming win of $1.27 billion this September. […]
Business
October 31, 2023
IGT’s Q3 Revenue Stagnates, but the Company Remains Healthy
International Game Technology (IGT), the global gaming and lottery solutions provider, announced its third-quarter financial results, reporting revenue of $1.06 billion. This figure is consistent with the previous year and the preceding quarters, indicating steady fiscal performance. IGT leadership remains optimistic that the company can further leverage its leadership position and achieve lasting success. Negative […]
Business
October 30, 2023
Gamblers in Deadwood, South Dakota Bet $140M in September
Last month was a busy period for casinos in Deadwood, South Dakota, a newly released report from the state’s Department of Revenue reveals. The report unveils details regarding the total handle and win reported by licensed operators offering slot games, sports betting and table games. The total gaming handle reported in September was $140.1 million, […]
