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Business
August 5, 2022
FuboTV Reports Strong Growth, Subscribers and Liquidity in Q2, 2022
Fubo TV Inc. is well on track in terms of financial results during the second quarter of the year and the latest update published by the company has seen a significant increase in FuboTV’s North American streaming business, ad revenue, and paid subscribers. FuboTV Reports on Strong Revenue and Subscriber Growth FuboTV reported that its […]
Industry
August 4, 2022
PENN Entertainment Posted Q2 2022 Results, Changed Name
Penn National Gaming released its report reflecting the company’s performance in the second quarter of the year and announced its new name, PENN Entertainment. Net Income Sank PENN reported $1.63 billion in revenue for the three months ended June 30, 2022, to post an increase of 5.2% compared to $1.55 billion in second quarter 2021 […]
Industry
August 4, 2022
Bally’s Reported Q2 2022 Results, Revised Full Year Guidance
Hospitality, gaming and entertainment company Bally’s Corporation released today its financial results for the second quarter of the year posting 106% growth in revenue year-over-year. Revenue more than Doubled For the three months ended June 30, 2022, Bally’s Corporation generated revenue of $552.5 million to more than double the $267.7 million the gaming and entertainment […]
Industry
August 3, 2022
IGT’s Second Quarter 2022 Financial Performance Stalled
Supplier of gambling technology, software and equipment International Game Technology (IGT) announced Tuesday its second quarter 2022 results and revealed the business is slowing down. Revenues Showed the Business Stalled For the three months ended June 30, 2022, IGT showed total consolidated revenue of $1.02 billion, down 2% from $1.04 billion for the same three […]
Industry
August 2, 2022
SJM Holdings’ H1 2022 Performance Continued to Deteriorate
Macau casino concessionaire SJM Holdings announced today in a filing to the Hong Kong Stock Exchange the company’s unaudited consolidated interim results for the first half of 2022, posting a loss attributable to the owners of the company nearly twice as much that in the same period in 2021. Key Performance Metrics For the first […]
Business
August 1, 2022
Playtech Relinquishes Its SPAC Plans for Caliplay
The board of directors of gambling software developer Playtech announced that they are suspending their plans to publicly list Caliplay, the company’s joint venture with Mexico-based operator Caliente Interactive. An Alternative Solution for Caliplay Is Still Possible Earlier this year, Playtech revealed that it intended to merge Caliplay with a special-purpose acquisition company (SPAC) to […]
Industry
July 29, 2022
CDI Revealed another Impressive Quarterly Performance in Q2 2022
Racing, wagering and entertainment business Churchill Downs Incorporated (CDI) released today the financial results for the second quarter of 2022 posting increases in revenue and income. Double Digit Revenue Growth CDI registered in Q2 2022 net revenue of $582.5 million, up 13% as compared to $515.1 million in the second quarter of 2021. The company […]
Industry
July 29, 2022
PointsBet Continued to Impress with Q4 FY2022 Performance
Australian-based sports betting operator PointsBet released today its quarterly financial results for the three months ended June 30, 2022, posting impressive performance for the fourth quarter of the fiscal year 2022. Significant Increase in Q4 FY2022 Net Win PointsBet registered a turnover of AU$1.3 billion ($906 million), up 32% on the AU$986 million (%687 million) […]
Casino
July 29, 2022
The Star Entertainment Group Revenues Recovered in FY2022
The Star Entertainment Group filed with the Australian Securities Exchange (AUS) today a trading update on its expected revenue in the fiscal year 2022, balance sheet position and early fiscal year 2023 performance. FY2022 Unaudited Results For the 12 months ended June 30, 2022, The Star Entertainment Group expects normalized revenue of AU$1.53 billion ($1.06 […]
Business
July 29, 2022
FDJ Buoyant on Lottery Results in H1 and Cautiously Optimistic about Future
Groupe FDJ has posted results for the first half of the year noting a significant improvement in lottery operations in France. The organization reported that group revenues reached €1.2 billion during the first half of the year, which was 12% higher year over year. Lottery Remains Driver of Sales for FDJ Lottery and sports betting […]
