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Sportradar

Sportradar sees revenue climb 22% in Q2 2023

Sportradar is on track to generate full year revenue of over €900 million after posting revenue growth of 22 per cent in the second quarter of 2023.

The Nasdaq-listed sports technology company grew revenue by 22 per cent to €216.4 million in Q2 2023, although foreign exchange costs weighed on the [...]

1 min read

Bragg Gaming revenue hits record high in second quarter

Nasdaq and Toronto-listed gaming supplier Bragg Gaming has posted record results for the second quarter as revenue grew by 19 per cent to €27.7 million.

Wagering revenue generated by games and content offered by the supplier increased by 31 per cent to €5.5 billion, while the number of unique players (excluding [...]

1 min read

Jackpots boost ZEAL as first half revenue grows to €54.8 million

Frankfurt-listed online lottery provider ZEAL Network has reported an 11 per cent increase in revenue to €54.8 million for the first half of 2023.

Total transaction volumes were up 15 per cent versus the same period last year to €411.7 million, boosted by attractive jackpot phases in January, March and June.

In [...]

1 min read
GAN

GAN reveals M&A interest as Q2 revenue falls 3%

Nasdaq-listed GAN is evaluating interest from prospective bidders as the gaming supplier and operator posted a 3 per cent drop in second quarter revenue to $33.8 million.

Revenue from B2B declined by 30 per cent year-on-year to $33.8 million, which GAN attributed to a decrease in contractual revenue rates pursuant to [...]

1 min read
Entain

Entain revenue tops £2.4 billion in first half of 2023

Entain has reported a 14 per cent increase in net gaming revenue (NGR) to £2.40 billion for the first half of 2023, benefiting from strong performances in both Online and Retail.

Online NGR was 15 per cent ahead of last year at £1.68 billion, with Sports NGR up 6 per cent [...]

1 min read
NeoGames

NeoGames maintains strong growth ahead of Aristocrat merger

NeoGames grew revenue by 127 per cent to $47.9 million in the second quarter of 2023, driven by strong increases in the Sports and Games segments.

The lottery and gaming supplier reported growth of 7.8 per cent in the NeoGames iLottery business to $13.75 million, while net revenue from Aspire Global [...]

1 min read

Entain sets aside £585 million for Turkish settlement with CPS

London-listed betting and gaming operator Entain has taken a £585 million provision in respect of its ongoing deferred prosecution agreement (DPA) negotiations with Britain’s Crown Prosecution Service (CPS).

The HMRC has been investigating Entain’s legacy Turkish-facing business, which was sold in 2017, with the company entering into DPA negotiations with the [...]

3 mins read
Flutter Entertainment

Flutter Entertainment revenue up 42% in H1 2023

Flutter Entertainment has reported a 42 per cent increase in group revenue for the first half of 2023, aided by the addition of Sisal following its acquisition in August 2022.

Total revenue in the first half of 2023 was 42 per cent higher at £4,809 million, as sports betting revenue climbed [...]

1 min read

Light & Wonder revenue grows 20% in strong second quarter

New York-listed gaming supplier Light & Wonder (L&W) has reported a 20 per cent increase in revenue to $731 million for the second quarter of 2023, its ninth consecutive quarter of year-on-year growth.

The Q2 performance was driven by double-digit growth across all of the company’s business segments, including another record [...]

1 min read

Relax Gaming releases Torii Tumble slot

Casino content developer Relax Gaming has released its latest warrior-themed slot title with the launch of Torii Tumble.

Players enter the torii gates and channel their fighting spirit on a journey to Japan’s dark underbelly for a battle between good and evil, and if triumphant, can land a maximum win of [...]

2 mins read
SciPlay

Light & Wonder set to acquire remaining stake in SciPlay

Light & Wonder (L&W) has entered into a definitive agreement to take over full ownership of social and casual gaming operator SciPlay.

The agreement will see L&W acquire the remaining17 per cent equity interest in SciPlay that it does not currently own for $22.95 per share in an all-cash transaction.

The offer [...]

1 min read
Catena Media

Catena Media to streamline support functions to reduce costs

Stockholm-listed iGaming affiliate Catena Media has initiated a cost reduction programme of up to €4.2 million to optimise its business following the recent sale of its UK and Australian operations.

The annual cost reductions are expected to be between €3.8 million and €4.2 million, and are in addition to the €2.8 [...]

2 mins read
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