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Business
November 7, 2023
EveryMatrix Q3 2023 Results Reaffirm Growth Trajectory
The fast-growing supplier of iGaming solutions, software, services and content, powering sports betting and casino operators, EveryMatrix, released its latest trading update, uncovering details regarding its performance for the third quarter of 2023. The report, released Tuesday, shares insights regarding the company’s performance between July and September, pointing to record growth. Overall, EveryMatrix reported net […]
Legal
November 6, 2023
Netherlands Court Orders Unibet and Another Online Casino to Refund Gamblers
The court’s decision stems from a change in Dutch gambling laws in October 2021, legalizing online gambling, which has prompted individuals who lost substantial amounts of money before this date to pursue legal action, claiming their losses were unlawful. Unibet has expressed its intention to object to the ruling, opening the case for reexamination at […]
Business
November 6, 2023
Bally’s Reports Strong Q3 Performance amid Regulatory Challenges
Bally’s Corporation’s third-quarter trading report revealed consistent growth across most metrics, reflecting its successful efforts to adapt to rising industry challenges. The United Kingdom is emerging as an increasingly significant market for the renowned US gambling group despite the country’s ongoing regulatory changes. Such successful financial results should set the stage for further growth in […]
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 […]
