The Latest in finance
Industry
March 10, 2023
Genius Sports Revealed Impressive Full-Year 2022 Performance
Data, technology and broadcast company Genius Sports released today its fourth quarter and full year 2022 financial report, posting an impressive increase in revenue and a significant drop in the group’s net loss. Quarterly and Full-Year Revenue Genius Sports generated $105.34 million in revenue in the fourth quarter and $341.03 million in the full year […]
Casino
March 10, 2023
Century Casinos Registered Double-Digit Revenue Growth in 2022
Gaming and hospitality operator Century Casinos released today its fourth quarter and full year 2022 financial report, posting increases in revenue and EBITDA despite the decline from US operations. Net Operating Revenue, Adjusted EBITDA Net operating revenue for the three months ended December 31, 2022, was $103.75 million, down 3% from $107.3 million registered in […]
Industry
March 10, 2023
Veikkaus Revenues Stagnate as the Agency’s Future Remains Uncertain
Veikkaus Oy’s 2022 profits remained roughly in line with last year. Fennica Gaming, the group’s first subsidiary, showed promising results and should soon significantly contribute to the group’s market presence. Despite optimistic remarks from board members, rising political pressures may soon disrupt Veikkaus’ undisputed reign over the Swedish market. Financials Remained Stable across the Board […]
Business
March 10, 2023
Danske Spil Group Reports Satisfactory Performance for 2022
Despite what has been described as an uncertain backdrop molded by the decreased consumer confidence that reached an all-time low in 2022, Russia’s attack on Ukraine, the growing inflation, and the European energy crisis, the national lottery in Denmark has reported a satisfactory full-year performance. Overall Gross Gaming Revenue up 3% in 2022 The group […]
Business
March 10, 2023
Flutter Entertainment’s Results Boosted by Online Gaming Segment
Flutter Entertainment, a leading sports betting and gaming company, has released its annual financial report for the year 2022, and it’s full of impressive numbers. Online Gaming Segment Boosts Flutter Entertainment’s Revenue by 49% In the report, Flutter Entertainment announced a significant increase in revenue and profits compared to the previous year. The company’s revenue […]
Business
March 10, 2023
PlayAGS Posts Record-Breaking Q4 2022 Results
PlayAGS, a designer and developer of gaming solutions, has published its results for the fourth quarter of 2022, demonstrating strong growth across its verticals. The company’s revenues and EBITDA improved significantly as interest in its products grew. As reported by the company, its total revenue increased to a record $81.7 million, representing a favorable 16% […]
Business
March 9, 2023
Entain Posts FY22 Results, Commits to Diversification and Sustainability
Global gambling giant Entain posted its financial results for the year ended December 31, 2022. The company highlighted its successes, noting that 2022 was a very strong year for the company. Entain reported that gaming revenue for the period increased by 12% year-on-year to around $5.17 billion (converted to USD). Online net gaming revenue experienced […]
Industry
March 8, 2023
Loto-Québec Reported Exceptional Fiscal Third Quarter Results
Canadian lottery and casino operator Loto-Québec released its third-quarter financial report for the fiscal year 2022-2023, posting its best performance since the Tobacco Control Act came into force. Impressive Financial Performance Revenue during the quarter was C$2.225 billion ($1.61 billion), posting an increase of 30.7% from C$2.747 billion ($1.99 billion) in the third fiscal quarter […]
Business
March 7, 2023
NeoGames Posts Good Results Boosted by Aspire Global Takeover
The technology-driven provider of innovative iGaming and iLottery solutions, NeoGames SA, released its unaudited results for the fourth quarter and 2022, outlining strong growth of revenue. The new trading update reveals that the total revenues and the company’s share in NPI revenues for 2022 hit $210.2 million. When compared to the $84.5 million reported for […]
Legal
March 3, 2023
Fugitive Showered Kardashian and DiCaprio with Gifts
Several years ago, Kim Kardashian and Leonardo DiCaprio were interrogated by the FBI about their ties with Low Taek Jho “Jho Low,” a wanted fugitive. Low had a thing for celebrities and spent tons of embezzled money on expensive parties with famous stars and sponsored some of their gambling sessions. Who Is Jho Low and […]