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Business
November 14, 2023
Paysafe Maintains Its Momentum, Posts Favorable Q3 Results
Leading global payments provider Paysafe has published its Q3 results, reporting increased financial results for the third quarter of the year. The company, which just penned a major agreement with Fanatics Betting and Gaming, is optimistic about its continued momentum. In Q3, Paysafe reported revenue of $396.4 million, up 8% year-on-year. This increase represents a […]
Business
November 14, 2023
Genius Sports Raises Full-Year Guidance after Robust Q3 Performance
Genius Sports, the data, technology, and broadcast company, has reported a significant increase in Q3 revenue, prompting an upward revision of its full-year guidance. The leadership team remained optimistic regarding prospects, noting that the business had reached a critical turning point. Genius will likely focus on improving customer onboarding and utilization and forging new strategic […]
Business
November 10, 2023
Flutter Entertainment to Delist from Euronext Dublin, Eyes New York Listing in Q1 2024
Flutter Entertainment, the parent company of FanDuel, has decided to delist from Euronext Dublin, Ireland’s stock exchange, as part of its strategy to add a New York listing in the first quarter of 2024. The move comes amid regulatory considerations and technical challenges in maintaining the company’s Dublin listing. Europe Remains a Challenging Regulatory Environment […]
Business
November 10, 2023
Super Group’s Third Quarter Revenue Increases by 16% to $381M
Super Group, the parent company of the multi-brand online casino, Spin, and the leading online sports betting and gaming operator, Betway, released Thursday its latest financial report. The company posted an increase in operational EBITDA, as well as revenue for the third quarter of this year or the three months ended September 30, 2023. Overall, […]
Business
November 10, 2023
New York Becomes First State to Surpass $2bn Betting Handle
Launched nearly two years ago, New York’s mobile sports betting market broke records for revenue and betting handle set by states that operated for years. Now, it became the first US state to surpass $2 billion in mobile betting handle for a single month, results released by the gambling regulator, the New York State Gaming […]
Business
November 9, 2023
NeoGames Posts Q3 Report, Says Gaza Conflict Is Unlikely to Affect Its Business
NeoGames, a tech-driven provider of end-to-end online lottery and online casino solutions, has published its Q3 financial results. In the report, the company highlighted a total revenue of $63.3 million for the period ended September. This represents a noticeable decrease from the $73.3 million NeoGames recorded in Q3 2022. However, NeoGames added that if iGaming […]
Business
November 9, 2023
Flutter’s Q3 Growth Unhindered by Revenue Dip in Australia
The global gaming, sports betting and entertainment provider, Flutter Entertainment plc, released its latest trading update, covering the three months ended September 30, 2023. Released Thursday, the new unaudited results reveal that the company’s total revenue in Q3 this year hit £2.04 billion ($2.5 billion). A comparison to the £1.89 billion ($2.32 billion) result from […]
Business
November 9, 2023
MGM Reports Strong Q3 Results despite September Cyberattack
The global gaming and entertainment company, MGM Resorts International, released its latest unaudited financial report, revealing details regarding its performance for the third quarter of 2023. The new report covers the three-month period ending September 30, 2023, revealing strong growth of consolidated net revenues. Overall, MGM Resorts posted consolidated net revenues of $4 billion. This […]
Business
November 8, 2023
GiG Reports Robust Q3 2023 Revenues and Growth across Core Verticals
Oslo-based Gaming Innovation Group (GiG) announced impressive financial results for Q3 2023, showcasing its leadership position in the iGaming industry. The company’s Q3 revenues reached an all-time high as it heads to a record-breaking year-end. Several high-profile appointments bolstered GiG’s leadership team, helping to manage its growing international footprint. Metrics Are Up across the Board […]
Business
November 7, 2023
Dodge & Cox Increases Stake in Entain amidst Strong Investor Confidence
US mutual fund company Dodge & Cox has more than doubled its stake in the global sports betting and gaming group Entain, making it the second-largest single shareholder in the gambling giant. This increased stake can be interpreted as a show of confidence in Entain’s potential, as the company recently revealed its updated plans to […]
