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Business
May 16, 2023
Lottomatica’s Impressive Q1 Financials Bolster Its Post-IPO Ambitions
Lottomatica’s results largely mirror the broader trend in the Italian gambling industry, which has seen significant growth in recent years. Rising revenues across the board should fuel the company’s ambitions after it went public on the Borsa Milan Exchange, hopefully surpassing its projected targets. Despite the global financial instability, Lottomatica hopes to ride the expected […]
Industry
May 16, 2023
AGA: US Gaming Set New Records in Q1 2023
The American Gaming Association (AGA) has published its quarterly Commercial Gaming Revenue Tracker report, highlighting the performance of the US gaming market. According to the association, another quarterly record was set. In the first three months of 2023, the US gaming industry recorded a quarterly record of $16.6 billion in revenue. This marks the industry’s […]
Business
May 12, 2023
Mohegan Reports Double-Digit Growth in Fiscal Q2 2023
Mohegan Tribal Gaming Authority released its second fiscal 2023 quarter report on Thursday posting double-digit increases across the key performance metrics, but net loss for the period more than tripled. Mohegan Digital Is Pulling Its Weight Net revenue for the three months ended March 31, 2023, was $405.8 million, registering an increase of 13.2% from […]
Business
May 11, 2023
GAN Is Optimistic about 2023 Despite Suboptimal Q1 Results
GAN, a major NA B2B provider of iGaming technology provider and an International B2C operator of online sports betting, has published its Q1 2023 report, highlighting its performance during the three months ended March 31. GAN reported total revenue of $35.1 million, representing a slight 6% year-on-year decrease. Both the B2B and B2C verticals were […]
Business
May 11, 2023
Codere Online Net Gaming Revenue Soars in Q1 2023
The leading online gambling operator in Latin America and Spain, Codere Online, released a new trading update, revealing details regarding its performance for the first quarter of 2023. The recent preliminary figures reveal that the company enjoyed a busy quarter and has seen strong growth in net gaming revenue which hit €39.5 million ($49.1 million) […]
Industry
May 10, 2023
Bragg Posts Record Q1 Results, Maintains Full-Year Guidance
Global B2B online gaming technology supplier, Bragg Gaming Group, released today its financial report for the first business quarter of 2023, posting an impressive performance across all key metrics. Increases across All Key Metrics Bragg Gaming Group posted for the first three months of 2023 revenue of €22.9 million ($25.2 million), up 18.1% from €19.4 […]
Business
May 10, 2023
Sportradar Retains Momentum in Q1 2023 as Net Profit Falls
In its first earnings call for the year, Sportradar registered strong growth across its revenue and adjusted EBITDA metrics. The company ended the three-month period on March 31, 2023, with a strong increase in its quarterly revenue, which was up 24% from the previous quarter, posting €207.6 million ($226.2 million), keeping its momentum from the […]
Sports
May 10, 2023
Genius Sports Beats Expectations in Q1 2023, Raises Guidance for Financial Year
As a result, Genius Sports Limited, which specializes in official data, broadcast, tech solutions, and more, has said that its group revenue hit $97.2 million in the first quarter of the year, up from $92 million, as the company continued to expand. Sustainable and Profitable Growth for Genius Sports in First Quarter The company confirmed […]
Business
May 10, 2023
Wynn Resorts Surpasses $1.4B in Revenues in Q1 2023
The company announced an all-time record for adjusted property earnings during this period and shared positive outlooks for its resorts in both the United States and Macau. Wynn Resorts Experiences Financial Revival in Q1 2023, Resumes Dividend Program Operating revenues for the first quarter of 2023 reached $1.42 billion, representing a significant increase of $470.3 […]
Business
May 10, 2023
Light & Wonder Presents Q1 2023 Results, Talks ASX Listing
As a result, Light & Wonder will now give more serious consideration to whether it should proceed with a secondary equity listing on the Australian Securities Exchange (ASX) after the company secured the backing of its Board. Light & Wonder Mulls Australian Stock Exchange Listing The recent developments come more than two months after the […]
