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Business
March 7, 2025
Lottery.com Acquires PlusEVO’s Spektrum Tech Platform for $1.5M
Lottery.com, a provider of technology to the digital lottery and sports betting industries, has unveiled a major acquisition agreement that will support its launch and global expansion. According to the announcement, Lottery.com will acquire the Spektrum Ltd division of PlusEVO in an all-stock deal. Lottery.com Acquires Spektrum in an All-Stock Deal In its official release, […]
Business
March 7, 2025
LV Sands CEO Goldstein to Step Down, Dumont Expected to Succeed
NYSE-listed Las Vegas Sands has announced that chairman and chief executive officer Robert Goldstein will transition to the role of senior advisor beginning March 1, 2026. The leader in developing and operating integrated resorts with pioneering properties also revealed that its board of directors plans on nominating current president and chief operating officer Patrick Dumont […]
Business
March 6, 2025
Entain Posts Robust 2024 Financials, Expects Continued Growth
Global gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billion), supported by an 8% increase in EBITDA to £1.09 billion ($1.41 billion). Entain remains optimistic regarding its prospects […]
Business
March 6, 2025
Flutter Leaders Discuss the Company’s Q4 Results and 2025 Prospects
Flutter Entertainment’s recent earnings call highlighted the company’s optimism about its business and long-term potential. CEO Peter Jackson and CFO Rob Coldrake were happy with the performance and looking forward to continued success in 2025. CFO Coldrake Says Flutter Is “Quite Sanguine” about Its Margins The call, which took place on March 4, saw the […]
Business
March 6, 2025
Bally’s Posts Mixed Q4, Cancels Earnings Call as Shares Plummet
Bally’s Corporation suddenly canceled its earnings call shortly after its stock’s value plummeted. The company’s Q4 report wasn’t very reassuring either, as EBITDA remained unimpressive across all segments, suggesting a troubled period for the American operator. The Earnings Call Was Canceled On March 5, Bally’s Corporation’s shares took a sudden dip, experiencing a 23.6% decline […]
Casino
March 6, 2025
Kick Co-Founder Says Twitch Uses Double Standards in Ban Lifting
Bijan Tehrani, the co-founder of Kick, has long been critical of Twitch, so much that when the Amazon-owned streaming platform began banning gambling streamers en masse, he launched his own venture, offering them harbor from over-restrictive rules. Twitch Needs to Treat All Streamers the Same, Says Kick Founder Since then, Tehrani has been involved by […]
Industry
March 5, 2025
Lottomatica Reports Record-Breaking FY 2024 Financials, Poised for Further Growth
Lottomatica Group S.P.A. has published impressive financial results for fiscal year 2024, surpassing its guidance with an adjusted EBITDA of €739 million ($792 million). The Italian gaming giant continues strengthening its market leadership position with substantial growth in online gaming and sports betting. Robust early 2025 momentum indicates the company is on pace to meet […]
Business
March 5, 2025
Flutter Entertainment Reports Strong Q4 2024 Performance, Signals Bullish 2025 Outlook
Flutter Entertainment enjoyed a robust fourth-quarter 2024 performance, exceeding expectations with better-than-expected earnings and a confident outlook for 2025. The global gaming giant maintained momentum, supported by stable revenue growth in its key markets, an expanding player base, and strategic acquisitions. Overall Results Remain Consistent Flutter recorded a 14% year-on-year revenue increase, reaching $3.79 billion […]
Business
March 4, 2025
Genius Sports’ Q4 and FY 2024 Report Highlights Strong Financials
Genius Sports has become the latest sports data company to publish its Q4 and full-year report. The company has likewise posted its guidance for 2025, confirming that it expects its metrics to continue hiking. Genius Sports’ Metrics Increased Across the Board In the fourth quarter of the year, Genius Sports’ group revenue was up 38% […]
Business
March 4, 2025
Adventure Box to Spend $16M on iGaming Assets Acquisition
Adventure Box Technology, a Swedish computer game technology company based in Stockholm, announced that it has entered into a non-binding Letter of Intent to purchase a portfolio of iGaming assets. This move reflects Adventure Box’s continued intense M&A activity. Adventure Box Seeks Affiliate Marketing Growth According to the announcement, the new assets will highlight the […]
