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Business
March 6, 2025
Entain Posts Robust 2024 Financials, Expects Continued Growth
Global gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billion), supported by an 8% increase in EBITDA to £1.09 billion ($1.41 billion). Entain remains optimistic regarding its prospects […]
Business
March 6, 2025
FDJ Rebrands as FDJ UNITED, Posts Impressive 2024 Financials
La Française des Jeux (FDJ), the operator of France and Ireland’s national lotteries, has published its latest financial report, highlighting strong 2024 results. In addition to that, the company unveiled a new identity, rebranding itself to FDJ UNITED. FDJ Ends 2024 on a Strong Note According to FDJ UNITED, its acquisition of Kindred was a […]
Business
March 6, 2025
Bally’s Posts Mixed Q4, Cancels Earnings Call as Shares Plummet
Bally’s Corporation suddenly canceled its earnings call shortly after its stock’s value plummeted. The company’s Q4 report wasn’t very reassuring either, as EBITDA remained unimpressive across all segments, suggesting a troubled period for the American operator. The Earnings Call Was Canceled On March 5, Bally’s Corporation’s shares took a sudden dip, experiencing a 23.6% decline […]
Industry
March 5, 2025
Lottomatica Reports Record-Breaking FY 2024 Financials, Poised for Further Growth
Lottomatica Group S.P.A. has published impressive financial results for fiscal year 2024, surpassing its guidance with an adjusted EBITDA of €739 million ($792 million). The Italian gaming giant continues strengthening its market leadership position with substantial growth in online gaming and sports betting. Robust early 2025 momentum indicates the company is on pace to meet […]
Business
March 5, 2025
Flutter Entertainment Reports Strong Q4 2024 Performance, Signals Bullish 2025 Outlook
Flutter Entertainment enjoyed a robust fourth-quarter 2024 performance, exceeding expectations with better-than-expected earnings and a confident outlook for 2025. The global gaming giant maintained momentum, supported by stable revenue growth in its key markets, an expanding player base, and strategic acquisitions. Overall Results Remain Consistent Flutter recorded a 14% year-on-year revenue increase, reaching $3.79 billion […]
Industry
March 5, 2025
UK Bank Santander Criticized for Sending Anti-Gambling Emails to Customers
Santander, a prominent UK bank, has been sending customers emails about their gambling habits, which many have said is an infringement of their privacy. Santander Comes Under Fire Santander customers have reported receiving emails warning them about “high” levels of gambling. According to many of them, this is a “massive overreach” on the part of […]
Business
March 4, 2025
Genius Sports’ Q4 and FY 2024 Report Highlights Strong Financials
Genius Sports has become the latest sports data company to publish its Q4 and full-year report. The company has likewise posted its guidance for 2025, confirming that it expects its metrics to continue hiking. Genius Sports’ Metrics Increased Across the Board In the fourth quarter of the year, Genius Sports’ group revenue was up 38% […]
Business
February 28, 2025
Nevada Gambling Operators Post Solid Gaming Win in January
The gambling industry in Nevada is off to a stellar start of the year, the latest revenues and collections report by the state’s gambling regulator reveals. On Thursday, the Nevada Gaming Control Board (NGCB), the gambling regulator in the state, released the latest financial update, highlighting that gaming win last month soared by nearly 13% […]
Business
February 28, 2025
Star Entertainment Shares Dip amid Financial, Trading Woes
The Star Entertainment Group, Australia’s embattled casino operator, saw its share price dip amid potential delays in the release of its recent financial report and threats about a temporary trading halt on the ASX. Star Entertainment Looks for Liquidity Proposals The troubled operator released a statement Thursday revealing that one of its substantial shareholders decreased […]
Business
February 27, 2025
GiG Software Publishes 2024 Report, Expresses Optimism Despite the Challenges
GiG Software, a leading business-to-business provider of iGaming technology, has posted its report for Q4 and FY 2024. The report highlighted mixed results in the wake of GiG’s historic business split into GiG Software and Gentoo Media. GiG Software Reports Suboptimal Q4 Results For the fourth quarter of the year, GiG Software reported underlying revenue […]
