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Gambling News - 'Finance'
Business
June 4, 2025
BetMakers Signs Binding Terms to Acquire LVDC for $800K in Cash
BetMakers, a specialist in technology, data and service solutions that simplify betting at critical points along the wagering lifecycle, unveiled its acquisition of LVDC, a Nevada-based service provider. The deal is expected to generate millions in revenue for the buyer. BetMakers to Acquire LVDC In its latest investor presentation, BetMakers announced that it has signed […]
Industry
June 3, 2025
Virginia’s Sportsbooks Reported an Increase in Handle in Q1
The Virginia Lottery, an organization responsible for regulating sports wagering in the Old Dominion, has published its latest wagering report. According to the figures, Virginians wagered more than they did in the prior-year period, although the handle was still lower than the handle recorded in March this year. The April Handle Increased The report, which […]
Casino
May 29, 2025
Aristocrat Gains Momentum on Slot Growth and M&A Outlook
A better-than-expected performance in April has renewed optimism in gaming manufacturer Aristocrat Leisure, according to Jefferies Equity Research analyst Kai Erman. After two sluggish months, gross gaming revenue (GGR) in the U.S. bounced back last month, giving Erman reason to believe Aristocrat’s momentum is just getting started. Slot Machine Proceeds and Gambling Revenue, Up Slot […]
Business
May 28, 2025
Acroud Shares Q1 Financial Results, Shows Growth Despite Difficulties
The first quarter of 2025 saw Acroud make significant restructuring and complete large deals in order to stay ahead of the ever-changing trends in the iGaming sphere. Acroud Delivers Mixed Q1 Results Amid Strategic Restructuring According to the company, its strategic initiatives undertaken during the first quarter of the year have strengthened its financial structure. […]
Industry
May 23, 2025
New Jersey Reports Decline in Q1 Gaming Revenue and Hotel Occupancy
The New Jersey Division of Gaming Enforcement (DGE) has published its latest report about the local gaming industry’s performance. In the three months ended March 31, the gaming revenue experienced a slight decline, which reflected a lower hotel occupancy rate. New Jersey’s Q1 Was Unexciting In its report, the DGE highlighted Q1 2025 net revenue […]

Business
May 22, 2025
Better Collective Q1 in Line with Expectations, Company Announces Share-Buyback
Better Collective, a digital sports media group, has published its financial report for Q1 2025, highlighting a slight decrease in revenue. Despite the temporary setback, the company’s leaders, who are still looking forward to a favorable 2025, reaffirmed the revenue guidance. Better Collective Experienced Setbacks In Q1 2025, Better Collective’s revenue reached EUR 83 million […]

Business
May 21, 2025
SharpLink Gaming Sets $4.5M Public Offering amid Push into Crypto iGaming
SharpLink Gaming, Inc. (Nasdaq: SBET) has posted an official press release announcing the pricing of a new public offering to raise approximately $4.5 million in gross proceeds. The offering, structured on a “reasonable best efforts” basis, includes the sale of up to 1,530,612 shares of common stock, or their equivalents, at $2.94 per share. SharpLink […]

Business
May 19, 2025
Codere Online Reports Significant Growth in Q1 2025
Codere Online announces significant growth in the first quarter of 2025, posting a €54.3 million (about $61 million) revenue, up 8% compared to the same period of 2024. Codere Online Announces Its Q1 Revenue CEO of Codere Online, Aviv Sher, said that the company is off to a great start in 2025. He noted that […]

Business
May 16, 2025
Gambling.com Group Surpasses Q1 2025 Estimates with Record Earnings
Gambling.com Group Limited’s newest report for Q1 2025 earnings shows the company has surpassed the initial estimates and is highly optimistic about the rest of the year. Gambling.com Records Great Q1 Finances The fast-growing provider of marketing and sports data services has recorded earnings of $0.46 per share, which is twice what was initially projected. […]
Business
May 16, 2025
Bragg Gaming’s Momentum Continues as Company Reports Strong Q1
Bragg Gaming Group, a leading supplier of content to the iGaming industry, has published its financial report for the first three months of 2025, highlighting “diversified revenue growth, significant margin expansion, and strong cash generation.” The company also updated its outlook for the year, saying that it anticipates double-digit growth in revenue and adjusted EBITDA. […]