The Latest in finance
Industry
May 11, 2022
Q1 Results: US Gambling Prepares for a Record Year
The commercial gambling industry in the United States continues to move forward despite certain setbacks. As proof, the American Gaming Association (AGA) posted the revenue figures for the first quarter of the year. The AGA Reported Yet another Remarkable Quarter The Association shared that the total commercial gambling revenue for the first three months of […]
Industry
May 11, 2022
Raketech’s Q1 Results Maintain Its Momentum
Raketech, a leading gambling-oriented affiliate marketing and analytics company, has posted its results for the first three months of 2022. According to the figures, Raketech’s business is doing great, especially in the key US region. Raketech’s Revenues Continue to Grow Raketech’s results show that the company earned a total of $13.5 million during the first […]
Industry
May 11, 2022
Ebet’s Meets Q2 Revenue Targets and Posts Strong Results
Ebet, an esports-oriented betting tech provider formerly known as Esports Technologies, provided insights into its Q2 results of the current fiscal year. The company’s revenues went up drastically, driven by strategic acquisitions. Ebet’s Q2 Results Are Promising Ebet’s recent rebranding marked a new chapter for its business. The company kicked off 2022 with a 166% […]
Industry
May 11, 2022
Everi Holdings Revenues Skyrocketed in Q1 2022
Everi Holdings, a Nevada-based slot machine, and casino equipment provider, has reported a strong start to the year. The company’s revenues and adjusted EBITDA scored a new record as it continues to grow its quality. Everi Holdings Had a Strong Q1 2022 Everi provided a look at its financial results, showing that it earned over […]
Industry
May 10, 2022
IGT’s Q1 Financial Results Show Promise
International Game Technology, a multinational provider of gambling tech and slot machines, has seen a moderate increase in its revenues. The company reported that its earnings for the first quarter of 2022 rose by 4%. IGT’s Business Is in a Good Place According to IGT’s official figures, the company earned $1.1 billion for the first […]
Business
May 4, 2022
Caesars Entertainment Reports 21% Revenue Rise and $680 Million Loss for Q1
After reaching its highest revenue of all time ($9.6 billion) in 2021 and setting the scene for an even more lucrative 2022, Caesars Entertainment has now published its first-quarter results. Did the Reno-based hotel and casino entertainment company kick off 2022 on a similar note? Let’s find out. 21% Revenue Boost for Q1 2022 For […]
Casino
May 4, 2022
LeoVegas Shares 2022 Q1 Report, Revenue Reaches $103.6 Million
LeoVegas has released its revenue report for the first quarter of 2022 and it shows that its YoY revenue has grown by 2% and it reached €98.5 million ($103.6 million). The revenue for the previous year was €96.5 million ($101.7 million). The number of depositing players, however, dropped from 462,386 to 455,843, which is a […]
Industry
May 3, 2022
BlueBet’s Q3 FY22 Revealed Strong Growth ahead of US Debut
BlueBet, an Australian-based sports wagering operator, released its third quarter fiscal year (FY) 2022 report, posting strong growth across all key financial performance metrics, yet ending the period with net cash outflow and the rate of new customer acquisition is slowing down. Key Performance Metrics BlueBet provided its Q3 FY22 Quarterly Activities Report for the […]
Casino
May 3, 2022
MGM China Reports 9% Revenue Drop in 1Q2022 Due to Travel Restrictions
The top developer and operator of gaming venues and resorts in the Greater China region MGM China Holdings Limited (MGM China) have reported its Q122 results. According to data provided by its parent company MGM Resorts International, MGM China recorded a revenue of $268 million in the first quarter of the year that ended on […]
Industry
April 29, 2022
PointsBet’s Q3 FY22 Report Revealed Solid Growth
Australian-based sports betting and gaming operator PointsBet released today its third quarter report for the fiscal year (FY) 2022 posting a 54% increase in turnover. Markets picked up the news and PointsBet shares rose by double digits in morning trading. Quarterly Financial Results PointsBet’s turnover reached nearly AU$1.4 billion ($1 billion) in the reported quarter […]