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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 […]
Business
August 11, 2022
Entain Posted H1 Results, Unveiled Entain CEE Launch
Entain, an international sports betting and gambling company, has posted its interim results for the first half of the year. The results show that the company continues to grow and evolve. The Company’s Business Is Doing Great According to Entain’s results, its gross profits increased by 17% to $1.61 billion. Group EBITDA improved by the […]
Business
August 11, 2022
Disney CEO Suggests Sportsbook Partnership During Financial Results Call
The Walt Disney Company reported a 26% increase in revenue for the company’s third fiscal quarter ending on July 2, 2022. However, what made the news was not the sound financial results, but CEO Bob Chapek discretely hinting that Disney is looking to expand its diverse product portfolio with sports betting. 14.4 million New Subscriptions […]
Business
August 10, 2022
SciPlay Is Happy with Its Q2 2022 Results
SciPlay, an operator bringing engaging and thrilling casino, casual and bingo mobile social games, has posted its Q2 results. The company’s report shows it earned $160.1 million for the quarter. SciPlay Posted Its Q2 Results SciPlay earned $160.1 million during the second quarter of the year, the company reported. This number represents a 4% year-on-year […]
Business
August 10, 2022
Fantasma Games Shares Its Q2 2022 Report, Shows Massive YoY Growth
Fantasma Games, a well-known slot developer, has shared its report for the second quarter of 2022. According to the report, the company’s YoY GGR has increased by a staggering 314% and its net sales surged by 396%. The Developer Had Several Significant Events in Q2 The quarter was labeled by Fantasma as busy as it […]
Business
August 10, 2022
Bragg Posts Record Financial Results, Adjusts Full Year Revenue Guidance
Global B2B gaming content provider Bragg Gaming Group raised its revenue guidance for the full year 2022 to €76-80 million ($78-82 million) from €68-72 million ($70-74 million) as it reported record-breaking financial results during the second quarter of 2022 ending on June 30. Revenue Rises 34.2% Year-On-Year Global gaming technology provider Bragg did exceptionally […]
Business
August 9, 2022
AGS Posts Strong Q2 2022 Results
American Gaming Systems (AGS) has reported that recent investments in key teams have greatly contributed to the company’s rising revenues. The company closed the second quarter of 2022 with 14.6% higher revenues. A Positive Net Income for the First Time in 10 Quarters The gaming experiences provider earned $76.6 million for the period. This number […]
Business
August 5, 2022
Sega Sammy FY22/23 Q1 Results Behind Pre-pandemic Figures Still
Gross profit for Q1 in FY22/23 was up YoY by 4.6% but still 11.3% behind 2019Q1, with expenses seeing an approximately 10% uptick compared to last financial year’s same period as well. Overall Good Financial, Still Lagging Pre-pandemic Levels Sega Sammy released its financial results for the first quarter of the financial year FY2022-23, which […]
Business
August 5, 2022
Q2 Playtika Revenue Stable, Net Income Down Almost 60%
The company’s Q1 results were much stronger and the tougher operating climate seems to be the story most companies to show such results resort to. Financial Results Speak for Themselves Although Playtika’s revenue has remained almost unchanged, sitting at $659.6 million, compared to $659.2 million in the same period last year, net income has seen […]
