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Gambling News - 'Finance'
Business
March 25, 2025
Flutter Changes Reporting from 2025, Recasts Financials for 2021-2024
Online gaming and sports betting powerhouse Flutter Entertainment has revealed upcoming changes to its reporting. Set to take effect from the company’s upcoming quarterly report, the changes will see its reports split into two segments. Flutter Will Change Its Reporting Flutter Entertainment announced that its new approach will see it report the financials of its […]
Business
March 24, 2025
Wynn Resorts CEO: UAE Expansion, “Substantial Market Opportunity”
Last November, despite its less-than-ideal Q3 earnings report, NASDAQ-listed Wynn Resorts announced it would double down on its bold expansion plan aimed at the United Arab Emirates (UAE), specifically through its Al Marjan Island project in Ras Al Khaimah. Then, chief executive officer Craig Billings expressed optimism regarding the project set to launch in 2027. […]
Industry
March 24, 2025
Denmark’s Gambling Spend Increased Slightly in February
Denmark’s gambling regulator, the Spillemyndigheden, published data about the local gambling industry’s performance in February 2025. The regulator also published data about the overall gaming metrics in 2024. The Gambling Spend in Denmark Was 0.6% Higher in February According to the Spillemyndigheden, Danes spent 0.6% more on gambling in February 2025 than they did in […]
Business
March 24, 2025
Billionaire Pub Baron Mathieson Endorses Bally’s Bid for the Star
One of the world’s leading entertainment companies recognized for its “innovation, energy, and dedication to creating thrilling gaming experience,” Bally’s Corporation, has received endorsement from Star Entertainment Group’s largest shareholder in its bid to take control of the struggling Australian casino operator. Billionaire Pub Baron Bruce Mathieson Supports Bally’s Offer According to local reports, Bruce […]
Business
March 21, 2025
XLMedia Receives Only $1M Despite Robust Sportradar Financials
XLMedia PLC, a once-leading digital media company, recently announced it will receive a performance-related earnout of $1 million from Sportradar AG. This development comes after XLMedia sold its North American business to Sportradar in November 2024, a deal that initially envisioned a maximum total potential consideration of up to $30 million. Sportradar’s Business Model Proved […]
Business
March 20, 2025
Gambling.com Confirms Strong Q4, Expects Continued Momentum
Gaming industry affiliate services provider Gambling.com has published its official Q4 and 2024 report, showing results that were mostly consistent with the figures outlined in its earlier preliminary report. The company reiterated its optimistic 2025 revenue and EBITDA outlook, expressing confidence in its position. The Company’s Results Are Consistent with Its Preliminary Report The company’s […]
Business
March 20, 2025
Bragg Gaming Publishes 2024 Financials, Reaffirms Guidance
Bragg Gaming Group has published its official financials for 2024, confirming many of the metrics outlined in its previously published preliminary report. The company reiterated its optimistic outlook for 2025, saying that it expects its revenue to continue soaring. The Report Was Strong, as Expected In Q4, the company’s revenue increased 16.3% year-on-year to a […]
Legal
March 20, 2025
Turkey Cracks Down on Payment Providers Facilitating Illegal Gaming
Turkey has cracked down on several payment firms believed to be connected to illegal iGaming. Dozens of individuals were arrested in the process, including the firms’ chairman. Dozens of People Were Arrested On Monday, the Turkish police made a total of 52 arrests in Istanbul as part of its crackdown on illegal gambling. The police […]
Industry
March 19, 2025
Pennsylvania iGaming Thrives Despite February Revenue Dip
Pennsylvania’s gambling sector saw a moderate slowdown in February, with total revenue dropping 4.3% year-on-year to $477.2 million, according to data from the Pennsylvania Gaming Control Board (PGCB). Despite this dip, iGaming revenue surged, helping offset losses from traditional casino games and sports wagering. While the data does not encompass verticals like skill games or […]
Business
March 19, 2025
Sportradar Publishes FY24 Report, Confirms IMG ARENA Acquisition
Sports data giant Sportradar has published its FY 2024 results, reporting a significant increase in revenue. In addition to that, the company unveiled a major new acquisition deal, announcing that it will acquire IMG ARENA in a $225 million deal. Sportradar Publishes Its 2024 Report In its report, Sportradar outlined full-year revenue of EUR 1.1 […]