Penn National Gaming has reported a 22.7 per cent increase in revenue to $1.56bn in the first quarter of 2022, although higher expenses pushed net income down 43 per cent to $52m.
Penn National grew revenue across all segments compared to the first quarter of 2021, with revenue from the Northeast [...]
Sports entertainment group DAZN has agreed a distribution deal with Red Bull Media House to stream the Red Bull TV linear channel on the DAZN platform globally.
The multi-year agreement sees DAZN expand its offering into live extreme sports, including coverage of the Crankworx World Tour, the Red Bull Cliff Diving [...]
New York-listed sports data and technology supplier Sportradar has appointed Michael Gandolfo as group head, regional sales for North America.
Gandolfo joins Sportradar from Fiserv, where he led the company’s financial institution sales and service team. He also served as the president of Fiserv’s client advisory board (CAB) and on the [...]
London-listed gaming operator and technology supplier Playtech has delivered a strong start to the year with Adjusted EBITDA of more than €100m for the first quarter.
Playtech said in a trading update Thursday that the very strong performance has been driven by both the B2B and B2C businesses, with the Snaitech [...]
Rush Street Interactive (RSI) has increased its full year revenue guidance after growing first quarter revenue by 21 per cent year-on-year.
The online betting and gaming operator generated revenue of $134.9m in the first quarter of 2022 as Monthly Active Users (MAU) in the United States increased by 32 per cent [...]
Endeavour Group’s sports subsidiary IMG Arena has been selected as the official sports betting data supplier of the National Basketball League of Canada (NBL Canada).
The exclusive audio-visual sports betting and data rights deal begins at the start of the 2022/23 season with distribution to IMG Arena’s network of sportsbook operators [...]
The Alcohol and Gaming Commission of Ontario (AGCO) has issued its first fines less than a month after the opening of the regulated market.
BetMGM and PointsBet received fines of CA$48,000 ($37,400) and CA$30,000 respectively for breaking Ontario’s new rules on public advertising of bonuses or other gambling offers.
A statement from [...]
Mohegan Gaming & Entertainment has selected Kambi to power its PlayFallsview online sportsbook brand in Ontario, Canada.
The deal comes one year after Mohegan dropped Kambi in Connecticut, paying it the full expected earnings of its contract after it received a better offer from FanDuel.
Mohegan Digital president Rich Roberts commented: “It’s [...]
New York-listed gaming supplier Everi Holdings has acquired historical horse racing games developer Intuicode Gaming for up to $27m.
The acquisition will provide Everi with additional Historical Horse Racing expertise as it prepares to enter the expanding HHR market in the United States.
Everi will make an initial payment of $12.5 million to [...]
Flutter Entertainment-owned FanDuel Group has appointed David Jennings as the company’s new chief financial officer.
Jennings' responsibilities will include the oversight of all finance functions including financial planning and analysis, strategy, accounting, procurement, tax and treasury, in support of the company's Sportsbook, Casino, Racing, Daily Fantasy, Retail and corporate functions.
“David is [...]
Stockholm-listed gaming supplier Aspire Global grew revenue by 31.7 per cent to a record €46.3m in the first quarter of the year.
The UK and Ireland now represents Aspire Global’s largest geographic segment with revenue of €21.3m in Q1 2022, an increase of 101.6 per cent year-on-year, with Rest of World [...]
Flutter Entertainment’s first quarter revenue increased by 5 per cent year-on-year to £1.57bn, with growth across gaming and sports betting.
Sports revenue climbed by 4 per cent to £930.0m in the first quarter of 2022, with Gaming revenue 8 per cent higher than the same period a year ago at £636.0m.
The [...]