DraftKings has raised its full year revenue guidance as third quarter revenue increased by 57 per cent to $790 million from $502 million a year ago.
The company attributed the very strong performance to new market launches, efficient customer acquisition, and an increased parlay mix that contributed to a higher hold [...]
PENN Entertainment has reported a 24 per cent increase in revenue from its Interactive business to $196.3 million during the third quarter of 2023, as the operator prepares to transition its online sportsbook to the ESPN BET brand later this month.
Despite the strong Interactive performance, PENN recorded a marginal 0.3 [...]
London-listed betting and gaming operator Entain said Thursday that its third quarter performance is in line with its recently updated expectations, with group net gaming revenue (NGR) increasing by 7 per cent.
Excluding its BetMGM joint venture in the United States, Entain’s NGR was up 7 per cent year-on-year and 9 [...]
Online betting and gaming operator Rush Street Interactive (RSI) has reported a 15 per cent increase in revenue to $169.9 million for the third quarter of 2023.
The revenue growth was driven by an 8 per cent increase in average revenue per monthly active user (ARPMAU) in the United States and [...]
Nevada’s gaming revenue was $11.40 billion for the first nine months of 2023, a rise of 3 per cent, with September contributing revenue of $1.27 billion.
September’s gaming revenue was up by 2 per cent following a very strong performance from Nevada’s baccarat tables, where revenue increased by 86 per cent [...]
Sports data provider Sportradar has reported a 12 per cent increase in revenue to €201.0 million for the third quarter of 2023, alongside announcing a reduction in its global workforce as part of a broader set of strategic initiatives.
The company posted year-on-year growth across all business segments, with its core [...]
New York-listed betting and gaming operator Bally’s Corporation has posted record results for the third quarter of 2023, as revenue increased by 9 per cent to $632.5 million.
The solid Q3 performance was driven by a 9 per cent rise in revenue from the company’s core Casinos & Resorts segment to [...]
Stockholm-listed sportsbook technology provider Kambi Group has reported a 15 per cent increase in revenue to €42.1 million for the third quarter of 2023, driven by growth in Europe.
The revenue growth was boosted by certain non-recurring fees relating to Penn Entertainment and Shape Games, with operator turnover up by 9 [...]
Caesars Entertainment has reported a 4 per cent increase in net revenue to $2.99 billion for the third quarter of 2023, helping the operator to a record adjusted EBITDA of $1.04 billion.
The year-on-year growth was driven by a 4 per cent increase in net revenue from the company’s Las Vegas [...]
Rhode Island’s sports wagers declined by 10 per cent to $37.6 million in September, caused by a heavy fall in retail betting.
Wagers at the Twin River and Tiverton casinos were down by 40 per cent to $9.0 million in the month and September was the sixth consecutive month that retail [...]
New York-listed International Game Technology (IGT) has recorded a marginal increase in revenue to $1.065 billion for the third quarter of 2023, despite posting a decline from its lottery business.
Global Gaming revenue increased by 8 per cent year-on-year to $409 million in Q3, primarily driven by growth in the installed [...]
Italian operator Lottomatica Group has reported a 17 per cent increase in revenue to €1.19 billion for the first nine months of 2023, buoyed by strong growth Online.
Benefiting from the acquisition of Betflag last December, total amounts wagers rose 34 per cent year-on-year to €21.7 billion, with Online seeing the [...]