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Industry
February 20, 2025
AGA: US Gaming Had Yet Another Record-Breaking Year
The American Gaming Association (AGA) has published its latest Commercial Gaming Revenue Tracker report, highlighting a new annual revenue record for the US industry. This notably marked the fourth consecutive year in which the commercial gambling sector has broken its revenue record. The Commercial Industry’s Momentum Continues According to the AGA, American gaming reached annual […]
Business
February 19, 2025
Gambling.com Publishes Preliminary Q4 Report, Introduces FY 2025 Guidance
Gambling.com Group, one of the leading providers of affiliate services to the global iGaming industry, has published its preliminary results for 2024. In addition to that, the company published its FY 2025 guidance, raising its expectations for the year. The Report Outlined Favorable Metrics In its report, Gambling.com said that its revenue for the fourth […]
Business
February 19, 2025
Raketech Q4 Report Outlines Continued Challenges
Gaming specialist Raketech has published its report for the fourth quarter of 2024, highlighting a decline in revenue. In the wake of the sale of the Tipster business in the US, the company has been focused on improving conversion rates and monetization for its digital tipster platforms. The Financials Were Not Optimal In Q4 2024, […]
Business
February 18, 2025
Gentoo Media Publishes Strong Q4 as Business Keeps Momentum
Gentoo Media, formerly GiG Media, has published its financial report for the fourth quarter of 2024, highlighting record-high revenue. The business has been going from strength to strength ever since its split from Gaming Innovation Group and is poised for further growth. Gentoo Media’s Revenues Grew for the 16th Consecutive Quarter According to Gentoo Media, […]
Business
February 17, 2025
FDJ Confident in Growth Despite French Tax Hike
Despite regulatory challenges and increased gambling taxes, La Française des Jeux (FDJ) is optimistic about its growth prospects for 2025 and beyond. The group’s robust 2024 performance, strategic adjustments, and multi-year action plan perfectly position it to mitigate the impact of recent tax increases and sustain its impressive momentum. Core Financials Remain Robust FDJ generated […]
Business
February 17, 2025
Star Entertainment Receives Debt Financing Proposal from Oaktree Capital
The Star Entertainment Group Limited announced that it has received a debt financing proposal. The Australian operator has experienced significant financial struggles in the wake of regulatory hurdles and has been in a precarious position for a while. Oaktree to Help Star Recover As stated in an ASX filing, Star Entertainment has received a debt […]
Industry
February 17, 2025
New Jersey iGaming Expanded, Sports Betting Slowed Down in January
The New Jersey Division of Gaming Enforcement (DGE) has published data about the performance of Atlantic City’s nine casinos. According to the authority, January marked a stable start to the year despite a slight drop in total gaming revenue. The change was attributed to a decrease in sports betting that was partially offset by a […]
Business
February 14, 2025
DraftKings Boosts Revenue Guidance Midpoint, Reaffirms Adjusted EBITDA
In January, leading US online sports betting and gaming operator DraftKings announced fourth-quarter losses caused by unpredicted sports results. Fast-forward to Thursday, the NASDAQ-listed company experienced a sudden rise in its stock in after-hours trading amid an upward revision of its 2025 revenue forecast while announcing its fourth quarter and fiscal year 2024 financial results. […]
Business
February 13, 2025
MGM Resorts Posts Strong 2024 Report Despite Mixed Q4
Gaming giant MGM Resorts has posted its results for 2024, reporting an all-time high net revenue, underpinned by the steady growth of MGM China. The BetMGM digital business, on the other hand, is nearing profitability. The Q4 Report Was Mixed The fourth quarter of the year saw MGM Resorts report consolidated net revenues of $4.3 […]
Business
February 13, 2025
FanDuel Hits 23M App Downloads, DraftKings Is Close Behind
According to data from a leading company that analyzes app marketplace intelligence, Sensor Tower, a whopping 23 million people chose to download and install FanDuel’s sportsbook and casino apps between January 2020 and December 2024, which is more than any other operator in the country. This means the popular operator surpassed all competitors in terms […]
