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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 […]
Industry
March 3, 2025
Elon Musk Equates Investing in Meme Coins to Casino Gambling
In a recent podcast with Joe Rogan, Elon Musk warned investors that meme coins are akin to gambling, despite him previously also supporting Dogecoin. Elon Musk Criticizes Meme Coins Elon Musk recently went on the popular Joe Rogan Experience to talk about various subjects with the titular host of the show. One of the topics […]
Industry
March 3, 2025
Prediction Markets Ask You to Bet on the Pope’s Health and Successor
Prediction markets came with a promise to make it fun to place a bet on the outcome of certain events that lay outside the purview of most legalized sportsbooks in the United States – politics comes to mind. Betting on Pope’s Health Raises Objections, Generates Money Kalshi launched its offer just in time for the […]
Sports
February 28, 2025
ALT Sports Data to Develop Betting Odds for Formula 1
Formula 1 (F1), the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l’Automobile, has unveiled a new gaming-oriented partnership. ALT Sports Data Joins F1 as Official Betting Data Supplier According to the official announcement, ALT Sports Data, a company that provides operators with a seamless path […]
Business
February 27, 2025
GiG Software Publishes 2024 Report, Expresses Optimism Despite the Challenges
GiG Software, a leading business-to-business provider of iGaming technology, has posted its report for Q4 and FY 2024. The report highlighted mixed results in the wake of GiG’s historic business split into GiG Software and Gentoo Media. GiG Software Reports Suboptimal Q4 Results For the fourth quarter of the year, GiG Software reported underlying revenue […]
