Business
March 20, 2024
Gambling.com Group Closes $50M Credit Facility with Wells Fargo
Gambling.com Group Limited, an award-winning performance marketing company serving the iGaming industry, has announced the closing of a new credit facility with Wells Fargo Bank in the principal amount of $50 million. The credit facility is comprised of a $25 million revolving credit facility and a $25 million term loan facility, the marketing specialist added. […]
Business
March 19, 2024
Codere to Use Legal and Financial Advisors to Support Growth
The leading multinational group in the private gaming industry with 40 years of experience and a strong presence in Europe and Latin America, Coedere, has recently inked agreements with Houlihan Lokey and Allen & Overy. Codere to Boost Its Capital & Record More Growth The two firms will become Codere’s financial and legal advisors in […]
Industry
March 19, 2024
Denmark Records Lower Gambling Spend, iGaming Grows
Spillemyndigheden, Denmark’s gambling regulator, published a new statistic about the market’s performance in 2023. According to the authority, Danes spent a total of DKK 10.3 billion ($1.5 billion) on gambling in 2023. The figure, Spillemyndigheden added, represents a slight decrease of 1.7% year-on-year. The gambling regulator added that spending has been on the decline every […]
Business
March 15, 2024
Kansas Betting Revenue Soars Year-over-Year in February
February was a busy month for sports betting operators in Kansas. While licensed retail and online sports wagering suppliers in the state posted an increase in their revenue and betting handle year-over-year, the results from last month fell behind the figures posted a month earlier, in January, data released by the Kansas Lottery reveals. In […]
Business
March 15, 2024
Golden Matrix Enjoys Strong First Fiscal Quarter Results
The leading global online gambling operator, developer, licensor and supplier of gaming content, systems and platforms, Golden Matrix Group, released its latest financial report, outlining details regarding its performance for the first fiscal quarter ended January 31, 2024. The latest report highlights another successful quarter for the company considering its reported increase in revenue and […]
Business
March 15, 2024
Penn Entertainment’s CEO Celebrates the Success of ESPN BET
In mid-November, ESPN BET, the newest sportsbook at the time that is the result of a transformation of Barstool Sportsbook, officially launched in 17 US states. The launch came after an agreement between ESPN and Penn Entertainment that paved the way for the new exclusive sportsbook that promised exceptional betting experiences. The entry of ESPN […]
Business
March 15, 2024
Analyst Highlights FanDuel’s Impact on Flutter’s Growth
Currently, FanDuel holds a leadership role within the betting and gaming vertical across the United States. The Flutter Entertainment-owned brand continues to enjoy success and expands across the country while growing its customer base. A testament to FanDuel’s success isn’t only the growing player base but its outstanding financial performance which ultimately contributes toward the […]
Business
March 14, 2024
OPAP Posts Record-Breaking FY 2023 Results
OPAP, the leading gaming company in Greece, has published its financial results for 2023, reporting record-breaking revenue levels. According to the company, the strong figure was underpinned by the solid growth of both digital and land-based operations. Gross gaming revenue (GGR) for the period hit EUR 2.08 billion ($2.27 billion), an increase of 7.7% year-on-year. […]
Business
March 14, 2024
Century Casinos Reports Strong Q4 and 2023 Results
Century Casinos, the leading gaming and hospitality operator, released details regarding its fourth quarter and full year 2023 financial results, pointing to a strong increase in adjusted EBITDAR and operating revenues. The latest financial update emerged Thursday with the company highlighting key metrics of its performance for the year and three months ended December 31, […]
Business
March 14, 2024
Entain Puts Ladbrokes and BetCity on the Chopping Block in Mulled Sale
Entain, one of the biggest gambling companies in the United Kingdom, is reportedly considering selling some of its brands. People familiar with the matter told the Financial Times that the UK-based gambling powerhouse has hired Wall Street boutique advisory Moelis to advise the board on what brands to divest. A potential divestment of assets could […]
