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Business
August 11, 2023
Star Entertainment Strikes Tax Relief Deal in NSW
Earlier this year, Star Entertainment Group, an Australian casino and hospitality company, had to slash hundreds of jobs and executive bonuses to deal with the underperformance of its properties and the tax hike in New South Wales. However, the company has now managed to reach a concession on casino duty rates with the NSW government […]
Business
August 10, 2023
NeoGames Posts Strong Q2 Results, Anticipates Further Growth
The technology-driven provider of leading iLottery and iGaming solutions and content, NeoGames, released its latest trading update Wednesday. Judging by the figures within its unaudited report, the company saw strong growth within the iLottery and iGaming vertical for the second quarter ended June 30, 2023. Overall, the company’s total revenues and share in NPI revenues […]
Business
August 10, 2023
Entain’s Strong H1 2023 Report Reflects Impressive Growth
Entain’s impressive financial achievements highlight the group’s continued success and ability to navigate the evolving landscape of the iGaming industry. Despite a potentially costly HMRC settlement, the gambling giant achieved notable success in its core markets and seized many new expansion opportunities, guaranteeing enduring growth. A growing customer base and improved community-focused efforts should ensure […]
Business
August 10, 2023
Penn Entertainment Sees Q2 Revenue Surge Amid Transformative ESPN Agreement
The entertainment giant reported revenues of $1.67 billion for the quarter, with a net income of $78.1 million, marking a substantial improvement from the $26.1 million recorded during the same period in the prior year. PENN Entertainment’s Q2 Earnings Call Centers on ESPN Partnership and Barstool Divestiture Despite these promising figures, the company’s Q2 earnings […]
Casino
August 10, 2023
Wynn Resorts Reports Strong Q2 Performance and Unveils UAE Resort Project
Wynn Resorts, a prominent player in the global hospitality and gaming industry, released its second-quarter financial results, showcasing robust growth in both North America and Macau. Wynn Resorts Reports Strong Revenue Surge and Resilience in Macau Market The company reported operating revenues of $1.60 billion for the second quarter ended June 30, 2023, marking a […]
Business
August 9, 2023
Sportradar Sees Revenue Growth Along with Profits Decrease in Q2
The leading sports technology company delivering unique experiences for sports fans and bettors, Sportradar Group AG, released its latest financial results, revealing details regarding its performance for the second quarter of 2023. Results emerged Wednesday, revealing strong revenue growth and an increase in adjusted EBITDA for the quarter ended June 30, 2023. Overall, Sportradar’s revenue […]
Business
August 9, 2023
Catena Successfully Completes Share Buyback Program
Such a strategic move should have many significant long-term benefits to the organization, aligning with its goals to streamline its business and refocus on core markets. A sturdy financial foundation will be instrumental in Catena Media’s planned 2024 North Carolina launch, requiring significant capital and lasting shareholder confidence. The Company Completed Its Short-Term Objectives Catena […]
Business
August 9, 2023
Flutter Enjoys Exceptional Performance for First Half of 2023
Globally-recognized sports betting group, Flutter Entertainment, released its latest interim results, highlighting strong growth in revenue, EBITDA and the number of average monthly players for the first half of 2023. Released Wednesday, the financial results outline details regarding the company’s performance for the six months ended June 30, 2023, pointing to a solid growth of […]
Business
August 8, 2023
Century Casinos Reports Strong Revenue for Q2 2023
The leading hospitality and gaming operator, Century Casinos, released its latest trading update, revealing details regarding its financial performance for the second quarter and first half of 2023. The company announced Tuesday the latest unaudited financial figures, revealing that its net operating revenue for the three months ended June 30, 2023, hit $136.8 million. When […]
Business
August 7, 2023
Genius Sports Updates 2023 Guidance in the Wake of Spectacular Q2 Results
Genius Sports, a data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, has published its financial results for the second quarter of the year, highlighting its recent successes. The company’s revenue for the period exceeded the company’s expectations, causing it to update its guidance. As reported by Genius Sports, […]
