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Business
August 31, 2023
Codere Online Maintains Positive Momentum with Q2 2023 Results
The leading online gaming operator in Latin America and Spain, Codere Online, released its preliminary second quarter financial results. On Thursday, the company unveiled details regarding its performance for the second quarter ended June 30, 2023, reporting strong growth of average monthly active players along with an increase in net gaming revenue. Judging by the […]
Business
August 31, 2023
Gambling Sector in Nevada Posts Gaming Win Increase in July
The regulator in charge of gambling activities in Nevada, the Nevada Gaming Control Board (NGCB), released Wednesday its latest report, revealing details regarding the performance of nonrestricted gaming locations for July. Judging by the latest figures, the total gaming win, posted by nonrestricted gaming licensees last month marked strong growth, hitting $1.4 billion. This result, […]
Business
August 30, 2023
EveryMatrix Enjoys Exceptional Second Quarter with Strong Results
The business-to-business (B2B) iGaming technology provider, EveryMatrix, released its second quarter results, posting the seventh consecutive record quarter with an increase in profit margin and revenue. The latest financial update reveals that the company’s net revenue in Q2 this year hit €27 million ($29.4 million), marking a year-over-year growth of 82%. Similarly, EveryMatrix’s EBITDA for […]
Business
August 30, 2023
Veikkaus Records €519.3M in Revenue for H1 2023, Embraces Licensing Model
Veikkaus, the state-owned gambling monopoly of Finland, has reported steady growth in its interim financial report for the first half of the year, while also reaffirming its support for transitioning to a licensing model for gambling. Eurojackpot’s Success Fuels 20.8% Rise in Revenue Veikkaus’s revenue for the period from January to June reached €519.3 million […]
Business
August 29, 2023
Rivalry Publishes Q2 Results, Reports Spectacular Growth
Esports betting specialist Rivalry has published its Q2 2023 report, highlighting another favorable quarter. The gaming and sports betting operator reported a spectacular increase in handle and updated its guidance. Rivalry reported record-breaking Q2 revenue of roughly $6.4 million (converted to USD from CAD). This represents a remarkable 60% increase from Q2 2022, demonstrating the […]
Business
August 29, 2023
The Star Posts FY23 Results, Sees Net Loss of AU$2.44bn
The Australian gambling and entertainment company, The Star, released its FY23 financial report, revealing a normalized EBITDA and significant statutory loss for the period. The report emerged Tuesday and sees the company post a statutory net loss of AU$2.44 billion ($1.57 billion). At the same time, the latest financial report reveals that normalized EBITDA hit […]
Industry
August 28, 2023
UK Creditors Are Lending Millions to At-Risk Players, Abound Says
A new report suggests that the UK’s financial institutions may be exacerbating gambling harm by lending money to at-risk players. As reported by The Guardian, financial companies are unknowingly fueling problem gambling by lending millions to risky players. Abound, a credit technology company, examined the open banking data of loan applicants. By leveraging AI, the […]
Industry
August 23, 2023
Golden Rock Global Hints at Reverse Takeover Plans with 2mee
2Mee Limited is a company that specializes in the development of next-generation omnichannel communication by delivering messages from influencers on-screen and via applications. Such messages stand out with personalization and customization options, allowing for humanized messaging over the internet and helping brands engage with their audiences via an innovative method. The company anticipates further growth […]
Business
August 23, 2023
Better Collective Posts Strong Second Quarter Results
Digital sports media group Better Collective released its latest interim report, revealing details regarding its performance for the three months ended June 30, 2023. In Q2, the company posted a strong increase in revenue, complemented by growth of EBITDA and a surge of new depositing customers. Overall, Better Collective reported group revenue of €78 million […]
Business
August 22, 2023
Catena Posts Decrease in Revenue for Q2 2023
The fast-growing company focused on producing dedicated content for the gambling market in the United States, Catena Media, released its latest financial report, revealing details regarding its performance for the second quarter of 2023 and the first half of the year. The new report, released Tuesday, reveals that the company’s revenue from continuing operations for […]
