The Latest in finance
Industry
November 10, 2022
DoubleDown Reported Lower Revenue and Higher Expenses in Q3
Social casino publisher DoubleDown Interactive reported its unaudited financial results for the third quarter of 2022, posting a loss of $24 million as revenue fell and operating expenses more than doubled due to the Benson class action settlement’s quarterly incremental charge. Revenue Impacted by Rising Inflation DoubleDown Interactive posted for the three months ended September […]
Lottery
November 9, 2022
Lottery.com’s Woes Continue as Kivel Resigns
Richard Kivel, chairman of Lotery.com’s board of directors, has handed in his resignation after trying to get the company’s finance under control in vain. In his resignation letter, Kivel listed the reasons for his departure. Kivel cited the delayed arrival of the funding from Woodford Eurasia and the federal investigation into Lottery.com’s chief compliance officer, […]
Business
November 9, 2022
Gaming Innovation Group Posts €22.9M Revenue in Q3, up 35%
The iGaming company offering cloud-based product and platform services, Gaming Innovation Group (GiG), released its third quarter revenue results. Announced Wednesday, the company outlined it has seen an increase in revenue and EBITDA in Q3. Gaming Innovation Group Releases Q3 Revenue Report GiG reported an all-time high revenue of €22.9 million ($23 million) in Q3. […]
Business
November 9, 2022
Accel Entertainment Reports 38% Revenue Boost
Leading distributed gaming operator and preferred partner for local businesses in Nevada, Montana, and Illinois, Accel Entertainment, has published its operating and financial results for the third quarter than ended September 30. The NYSE-listed company has reported a 108% net income increase to $22.4 million in Q3 2022 compared to $10.8 million in Q3 2021. […]
Business
November 9, 2022
Flutter Reports Strong Revenue Growth Hitting £1.89bn in Q3
The global sports betting, gaming and entertainment provider, Flutter Entertainment, released Wednesday its latest trading update outlining the company’s performance in the third quarter. In its latest report, Flutter recorded strong revenue growth for the three months ended September 30, 2022. Flutter’s Revenue in Q3 Soars to £1.89bn The company’s total unaudited revenue for the […]
Business
November 9, 2022
PlayAGS Q3 Report Highlights Favorable Results
PlayAGS, a provider of gaming solutions for operators, has posted its financial results for the third quarter of the current year. During that period, the company recorded a satisfactory revenue increase. PlayAGS’ Income Increased Dramatically As announced by PlayAGS, the provider’s revenue for Q3 2022 sat at $78.2 million, which represents a 16% increase from […]
Lottery
November 8, 2022
IGT Revenue up 8% In Q3 Boosted by Growth in Global Gaming
International Game Technology (IGT), the leading gaming technology and software solutions provider, released its third quarter 2022 results. IGT’s Total Revenue in Q3 Hits $1.06 Billion In Q3, 2022, the company enjoyed strong growth with revenue hitting $1.06 billion, marking an increase of 8% when compared to the same period last year. Constant currency change […]
Business
November 8, 2022
Everi Holdings Posts Quarterly Revenue Record
At the beginning of the month, Everi Holdings saw its online gaming business Everi Digital join Fusion’s aggregation platform. Now, the provider of brick-and-mortar and online casino gaming content, player loyalty services, and financial technology has published its third-quarter report for 2022. Right off the bat, the company has announced a 21% increase in revenue, […]
Business
November 8, 2022
Playtika Holdings Reports Stable Revenue and a Drop in Net Income for Q3
At the beginning of August, NASDAQ-listed mobile gaming entertainment and technology company Playtika Holdings reported a stable revenue for Q2 2022 along with a net income drop of around 60%. Now, the company has published its third-quarter results for the period ending September 30. Among the most important markers highlighted by the report, we can […]
Business
November 8, 2022
Full House Resorts Revenue Decreases by 12% In Q3 to $41.4M
Fast-growing casino operator, Full House Resorts, released a trading update outlining its performance for three months ended September 30, 2022. Full House Resorts Revenue Down 12% In Q3 The latest unaudited results reveal that the company’s revenue in Q3 this year hit $41.4 million. When compared to the $47.2 million reported in Q3 last year, […]