Business
August 16, 2022
GAN Shows Mixed Results in Its Q2 Earnings Call
Online sports betting and iGaming software provider GAN Limited released its Q2 2022 earnings call. The company recorded revenues of $34.97 million for the quarter, constituting a 2% year-to-year rise compared to 2021’s $34.63 million. Despite the slight growth, this result missed estimates by 4.37%, as the earnings call revealed several underperforming metrics. Outside Factors […]
Business
August 16, 2022
GIG: Positive Net Profit & 37% Revenue Increase for Q2
Leading iGaming platform and media provider offering world-class solutions to partners and customers Gaming Innovation Group (GiG) has released the reports for the second quarter of 2022. The provider has reported a revenue boost of 37% for Q2 2022 compared to the same quarter of 2021. Out of the increase, 24% was organic, helping the […]
Business
August 16, 2022
Galaxy Gaming Posts Increased Q2 Revenue Year-On-Year And Major Net Losses
Las Vegas-based casino table games and electronic wagering systems distributor Galaxy Gaming reported its results for the first half of 2022 and the second quarter of 2022 both ending on June 30. Galaxy Gaming Reported a 20% Increase in Revenue in Q22022 Year-On-Year Despite external factors driving expenses up, Galaxy Gaming still managed to achieve […]
Business
August 15, 2022
Sands China Announces Significant Interim Losses
Macau-based integrated resort developer and operator Sands China released its financial results for the year’s first half. The company reported losses of $760 million (HK$5.96 billion), compared to $381 million (HK$2.96 billion) in H1 2021. Sands China explained the poor performance to the impact of the COVID-19 pandemic. Sands China Continues to Suffer from COVID […]
Business
August 15, 2022
Flutter’s Australian Subsidiary Sportsbet Revenue on the Rise in H12022
Global sports betting company Flutter reported its financial results for the first half of 2022 ending on June 30, which included the financial results for its subsidiary Sportsbet, the top sports betting provider in Australia. Sportsbet Reports 5% Increase in Revenue Year-On-Year Sportsbet did very well during the period from January 1 to June 30, […]
Business
August 12, 2022
Flutter Entertainment Reports 9% Rise in H1 Revenue
After announcing a 6% revenue increase to £1.56 billion ($1.96 billion) during the first quarter of 2022 compared to Q1 2021, Flutter Entertainment has reported a revenue of £3.38 billion ($4.12 billion) for the six months that ended on June 30. The figure that was published in the 2022 Interim Results for the first half […]
Industry
August 12, 2022
Table Trac Continues to Grow Despite High Cost of Sales
Table Trac, a provider of casino management systems, shared its financial results for the second quarter of the year. The company reported a substantial increase in revenues and shared that it will be expanding into Las Vegas. Table Track’s Revenues Skyrocketed Table Trac shared that its revenues have skyrocketed by an impressive 70%. As a […]
Business
August 12, 2022
NeoGames Posts Strong Q2 2022 Results
NeoGames, a Nasdaq-listed iGaming tech provider, posted its results for the second quarter of the year. The results demonstrate that the company’s business is going steadily. A Look into NeoGames’ Financial Results NeoGames shared that revenues for the period sit at $21.1 million. This is a significant 46.4% increase on last year’s results. In addition, […]
Industry
August 12, 2022
US Gaming Saw Record-Breaking Quarterly Revenues
The US gambling market continues to see impressively high revenues. After a few months of record-breaking monthly revenues, many operators announced their results for the second quarter of the year. The American Gaming Association (AGA) ran the calculations and found out this is the most profitable quarter for commercial gambling so far. US Gaming Continues […]
Business
August 11, 2022
LeoVegas Group Shares Q2 Report, Shows 1% YoY Increase in Revenue
LeoVegas Group released its Q2 report in 2022 and the results state that the revenue had a 1% YoY increase as it reached €97.9 million ($101.1 million). Local currency organic growth was also up 1% and excluding the Netherlands, the group’s revenue increased by 9%. The Number of Depositing Customers at LeoVegas Decreased Even though […]
