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Gambling News - 'Global'
Business
March 27, 2024
Playtech Publishes Strong FY 2023 Results, Posts Optimistic Outlook
Playtech, a leading provider of gaming platform, content and services, has published its FY 2023 results, reporting an increase in revenue and adjusted EBITDA. The supplier reported strong performance across both its B2B and B2C segments and a resilient balance sheet. The company reported revenue of EUR 1.7 billion ($1.84 billion), representing an increase of […]
Business
March 27, 2024
MyPrize Closes Funding Rounds, Enjoys Enterprise Value Soar to $140M
The first online crypto casino, promising to revolutionize the gambling industry thanks to multiplayer capabilities, MyPrize, is preparing to launch its platform and technology this spring. Ahead of the launch, the company confirmed it completed two funding rounds, raising some $13 million. Thanks to the recently completed funding rounds, MyPrize’s enterprise value soared to a […]
Business
March 26, 2024
Bragg Gaming Releases Strong 2023 Results, Updates Guidance
Bragg Gaming Group, a global provider of iGaming tech, has published its Q4 and FY 2023 results, reporting very favorable figures. The company subsequently updated its growth targets for 2024. In Q4 2023, revenue decreased by 1.4% to $25.2 million, reflecting the revised commercial terms with a key strategic partner. Betting handle, on the other […]
Business
March 26, 2024
888 Confirms FY 2023 Results, Expresses Optimism about 2024
Gambling group 888 has posted its FY 2023 results, highlighting its performance in the year ended December 31. The figures confirm some of the figures first announced in January. In 2023, 888 recorded revenue of £1.71 billion ($2.16 billion) – a figure that was affected by the company’s dotcom exits, safer gambling-related changes in the […]
Business
March 26, 2024
888 Unveils Potential Rebrand Following FY 2023 Results
London-listed gambling operator 888 has unveiled a comprehensive value creation plan (VCP) following its full-year 2023 results, which saw a significant 38% increase in reported revenue. The company has outlined priority targets for the upcoming year, revealing potential changes such as a rebranding to evoke plc, subject to shareholder approval at the 2024 AGM. Ongoing […]
Poker
March 26, 2024
Alexandra Botez Is GGPoker’s Latest Brand Ambassador
Popular online streamer and top-tier chess player Alexandra Botez has proudly joined the GGPoker team as its latest brand ambassador. “I’m So Happy to Be on Team GG!” Botez will bring her excellent strategic insight and undeniable charisma to the complex world of poker not only online, but also in real life, as announced by […]
Business
March 25, 2024
Catena Media Proposes New Board Appointments Ahead of AGM
The Nomination Committee of affiliate giant Catena Media proposed the reelection of several directors and the appointment of new ones. Under the committee’s plan, the company’s new board of directors will have six members instead of seven. As reported by Catena Media, the Nomination Committee proposed the re-election of Øystein Engebretsen, Theodore Bergquist, Adam Krejcik […]
Business
March 25, 2024
BetMakers Starts Search for New Chief Financial Officer
BetMakers Technology Group, the leading international provider of business-to-business betting data, technology, services and solutions, announced changes to its senior-level team. In a statement on Monday, the company said that its chief financial officer (CFO), Anthony Pullin, confirmed his intention to resign from his role with the company. The executive first joined BetMakers five years […]
Business
March 22, 2024
Gambling.com Posts FY 2023 Results & FY 2024 Guidance
Gambling.com Group, a provider of high-performance digital marketing services for the iGaming industry, has posted its Q4 and FY 2023 results. In addition to that, the company updated its guidance for 2024. In Q4 2023, Gambling.com recorded revenue of $32.5 million, up from $21.3 million in Q4 2022. The company also reported quarterly adjusted EBITDA […]
Business
March 21, 2024
Better Collective Execs Enjoy Large Combined Pay Jump in 2023
February has been a busy month for the digital sports media group Better Collective. After finalizing the acquisition of Playmaker Capital and publishing the unaudited FY 2023 report that showcased 2023 as a very strong year, the company announced it was targeting double-digit revenue growth and busy completing a capital raise of around 10% new […]