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Gambling News - 'Finance'
Industry
May 1, 2023
NSW’s Pokies Industry Has Recovered at the Expense of Vulnerable People, Critics Say
Liquor and Gaming NSW, a regulatory body responsible for gambling in the Australian state of New South Wales, has published the local pokies industry’s 2022 results. The financial figures show that the sector has rebounded since the end of the COVID-19 pandemic but some fear this might be at the expense of the players’ safety. […]
Business
April 28, 2023
GLPI Q1 Results Highlight the Success of Its Diversification Strategy
Gaming and Leisure Properties (GLPI) has published its financial results for the first quarter of the year. The company recorded favorable results with metrics increasing across the board. As reported by GLPI, the total company revenue increased by 12.7% year-on-year to $355 million. Its income from operations, meanwhile, skyrocketed from $199.8 million in Q1 2022 […]
Business
April 28, 2023
ATG Posts Suboptimal Q1 Results amid Economic Headwinds
Aktiebolaget Trav och Galopp (ATG), Sweden’s former horse racing monopoly, posted its Q1 financial results, highlighting a bumpy period for the company. The suboptimal results were attributed to the macroeconomic headwinds. ATG’s net gaming revenue for the first three months of 2023 was SEK 1.19 billion (around $116 million). This figure represents a 5.9% year-on-year […]

Business
April 27, 2023
Betsson Posts 30% Revenue Increase for Q1 2023
The globally recognized company that manages and invests in fast-growing businesses primarily within the iGaming vertical, Betsson AB, published its interim report covering the period between January and March 2023. The new financial report reveals the company enjoyed a strong start of 2023 with revenue increasing year over year. In Q1 2022, Betsson reported revenue […]

Business
April 27, 2023
Evolution Celebrates Stellar 2023 Start with Q1 Revenue Increase
Leading business-to-business (B2B) solutions provider for the iGaming industry Evolution released its results for the first quarter of 2023. Judging by the latest figures, between January and March this year, the company reported strong growth with operating revenue hitting €429.6 million ($474.4 million). This result, when compared to the corresponding period in 2022 when the […]

Business
April 26, 2023
Boyd Gaming Shows No Signs of Slowing Down, According to Q1 Results
Boyd Gaming has built upon its substantial 2022 momentum, capitalizing on its diverse and resilient portfolio. Successful launches in new jurisdictions and the further development of existing markets were instrumental in maintaining revenue and EBITDAR growth. Such stellar results put the operator in a comfortable position to consolidate its market position and remain vigilant for […]

Business
April 26, 2023
Kambi Reports Revenue Increase of 19% For Q1 2023
The business-to-business (B2B) provider of sports betting services and solutions for the gambling industry, Kambi Group plc, released Wednesday its unaudited report outlining the company’s performance for the first quarter of 2023. Judging by the figures, the company reported growth with revenue hitting €44.0 million ($48.6 million) in Q1 2023. This result, when compared to […]
Industry
April 21, 2023
Funanga Expands to North America via Now Prepay Partnership
Funanga is a fast-growing, Berlin-based instant cash payment services provider, delivering convenient solutions for online payment providers. The company has been continuously expanding its global reach and earlier this week celebrated its launch in North America. The provider unveiled a new deal with Payment Source’s Now Prepay, effectively expanding its services to Canada. The launch […]
Business
April 21, 2023
Ontario’s Online Gambling Industry Enjoys Stellar Growth in Its First Year
The first year of operations for Ontario’s gambling market put the Canadian province among one of North America’s leading jurisdictions. Online sports betting and iGaming exceeded expectations thanks to the local regulator’s efforts to foster a diverse and flowing ecosystem promoting healthy competition. The region’s strict rules have proven that responsible gaming measures and financial […]
Industry
April 20, 2023
Denmark Allocates Funds for Combating Gambling Harm
Denmark has a concerning gambling problem. The country, which has a population of 5.85 million, has a whopping 500,000 people suffering from gambling problems. This figure was reported by Rambøll last year, as commissioned by the Gambling Authority. The harm rates have more than doubled since 2016, sparking concerns about the future of the country. […]