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Gambling News - 'Finance'
Business
August 2, 2023
Caesars Digital Improves in Q2 2023 Report Reveals
Specifically, Caesars Entertainment’s online gaming arm, Caesars Digital, posted a strong quarter in the second quarter ended on June 30. The division includes the Caesars Sportsbook brand which has been fast-growing across the United States at a time of rapid mass market legalization. Caesars Digital Shows Robust Performance in Q2 Caesars Digital managed to notch […]
Business
August 1, 2023
IGT Enjoys Strong Q2 Results Despite Lottery Revenue Dip
International Game Technology, the leading gaming company powering lotteries, betting and gaming operators around the world, released its second quarter 2023 results, highlighting strong performance and growth. On Tuesday, the company released its unaudited result for the three months ended June 30, 2023, revealing that its total revenue for the period hit $1.06 billion. This […]
Business
August 1, 2023
Golden Entertainment Posts Q2 Results, Considers M&A Activity
Golden Entertainment has reported its results for the second quarter of the year, highlighting changes to its performance. The company recently finalized its latest divestments and is now planning M&A activity to support its growth. Golden Entertainment reported revenues of $286.7 million for Q2, representing a slight 1% year-on-year drop. Net income, meanwhile, sat at […]
Business
July 31, 2023
BetMakers Reports Q4 Results, Highlights and Restructuring Progress
BetMakers released a report on its performance in Q4 of the fiscal year ended June 30, 2023. The company recorded improvements across the board and unveiled an upcoming webinar for its full-year report. The betting tech and data partner reported $16.6 million (converted to USD) in cash receipts in Q4, which represents a modest 5% […]
Business
July 31, 2023
Lottomatica Posts Strong Q2 Results, Updates Guidance
Lottomatica has posted its Q2 2023 results, updating its full-year guidance on the back of continued double-digit growth. In Q2, the company reported revenue of $439 million (converted to USD). This represents a significant 20.7% year-on-year growth from the $380 million recorded in Q2 2022. However, the quarter failed to surpass Q1 2023’s record-breaking revenue […]

Business
July 31, 2023
Nevada Sees Dip in Slots, Table and Card Games Revenue for June
The gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB) has announced its latest revenue report, outlining details regarding the performance of nonrestricted gambling locations across the state for June. Although it was a busy month for operators in the state, the total revenue reported by table, counter and card games, along with slot […]

Business
July 31, 2023
Epoxy.ai Secures Investment from SeventySix Capital, Andover Capital
The leading AI and ML personalization software provider for the sports betting vertical, Epoxy.ai, announced it secured a multi-million-dollar investment round. The company confirmed Monday that the latest round was led by Andover Ventures, as well as SeventySix Capital, along with several other investment funds. According to Epoxy.ai, the latest investment round will help propel […]

Business
July 28, 2023
PointsBet Reports Impressive FY 2023 Financials
PointsBet’s sale of its US arm to Fanatics in the final quarter of the fiscal year represented one of the primary drivers behind its stellar performance, allowing the company to focus on its other lucrative markets while unlocking significant value through the sale. Despite the tense acquisition process, the Australian operator emerged stronger than ever, […]

Business
July 28, 2023
Boyd Gaming’s Revenue Increases Slightly in Q2 2023
The leading American gaming and hospitality company, Boyd Gaming Corporation, released its latest trading update, outlining details regarding its performance for the second quarter of 2023. The unaudited report released Thursday shows that the company’s total revenue for Q2 2023 hit $917 million. A comparison to the corresponding period last year, when revenue halted at […]
Industry
July 28, 2023
UK Gambling Commission Commits £32.8M to Support GambleAware
In a move to ensure a smooth transition from voluntary funding to a statutory levy, the UK Gambling Commission has pledged a staggering £32.8 million ($41.9 million) to harm prevention charity GambleAware. GambleAware Backs Proposed Statutory Levy for Funding Stability The concept of a statutory levy was introduced as a key proposal in the Gambling […]