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BlueBet

Higher expenses push BlueBet to full year loss

Sydney-listed betting operator BlueBet Holdings has reported a 53.5 per cent increase in net win to AUD$54.6m for the year ended 30 June 2022, buoyed by a strong performance in its Australian business.

Exceeding management expectations, turnover for the year increased by 48.5 per cent to $511.9m, of which $259.4m was [...]

1 min read
Intralot

Intralot H1 turnover climbs marginally following Americas growth

Athens-listed gaming supplier and operator Intralot has reported a 1 per cent increase in turnover to €204.8m for the first half of 2022, with growth in the Americas offsetting declines in Europe and other jurisdictions.

The year-on-year growth was driven by a 6.5 per cent increase in B2C turnover, following growth [...]

1 min read
PointsBet

PointsBet continues North America expansion but full year loss widens

Sydney-listed betting and gaming operator PointsBet has reported a 48 per cent increase in group net win to AUD$309.4m for the year ended 30 June 2022, with net win from the United States more than doubling during the year.

Total sports betting handle generated during the company’s financial year rose by [...]

1 min read

Light & Wonder seeks new CEO as Barry Cottle steps down

New York-listed gaming supplier Light & Wonder is looking for a new chief executive after confirming the departure of Barry Cottle as president and CEO.

Cottle has served as CEO of Light & Wonder (formerly Scientific Games) since June 2018, with the company announcing Tuesday that he has now stepped down [...]

3 mins read
BlueBet

BlueBet awarded its first US license in Iowa

Sydney-listed betting operator BlueBet Holdings has secured license approval to launch its ClutchBet brand in Iowa.

The approval by the Iowa Racing and Gaming Commission marks ClutchBet's first license in the United States, where the company has agreed market access deal in Colorado, Louisiana, Indiana, and Iowa.

“We are excited to announce [...]

1 min read

Jumbo Interactive grows profit as full year revenue surpasses $100m

Sydney-listed lottery provider Jumbo Interactive has posted a 25 per cent increase in revenue to AUD$104.3m for the financial year ended 30 June.

Total transaction value (TTV) rose 36 per cent to $659.9m, buoyed by a strong domestic jackpot environment with 43 Powerball/OzLotto jackpots of more than $15m, compared to 38 [...]

1 min read

BetMakers’ full year revenue soars 371%

Sydney-listed betting technology supplier BetMakers has seen revenue soar by 371 per cent to AUD$91.7m in the financial year ended 30 June.

The strong performance was driven by growth in platform and managed trading services, the integration of Sportech’s racing and digital assets, as well as the expansion of content distribution [...]

1 min read

Record year for The Lottery Corporation as revenue climbs to $3.28bn

Sydney-listed lottery and keno provider The Lottery Corporation has reported an 11 per cent increase in full year revenue to AUD$3.28bn in its maiden results as a standalone company.

Following its demerger from Tabcorp, comparable revenue, which includes Keno in both reporting periods and excludes significant items, increased by 9 per [...]

1 min read
Tabcorp

Tabcorp profits from demerger but full year revenue dips 4%

Sydney-listed gaming operator Tabcorp Holdings has posted a net profit of AUD$6.78bn for the financial year ended 30 June, including a gain of $6.51bn from the demerger of its lottery and keno arm.

Having successfully implemented the demerger of its former lottery and keno businesses on 1 June, revenue from Tabcorp’s [...]

1 min read

OpenBet expands football offering with StatsBomb partnership

Sports betting technology provider OpenBet has partnered with StatsBomb to enhance its player props markets ahead of the 2022 FIFA World Cup.

Openbet will integrate StatsBomb’s rich data with the BetBuilder, pre-built BetBuilder and singles product sets developed by SportCast, which the company acquired in May 2021.

StatsBomb’s data includes shots on [...]

3 mins read

ACMA blocks illegal offshore gambling and affiliate marketing websites

The Australian Communications and Media Authority (ACMA) has requested that Australian internet service providers (ISPs) block access to additional illegal offshore gambling and affiliate marketing websites.

The latest sites to be blacklisted by the ACMA for targeting players in Australia include Casino Moons, Winnerama, Extra Vegas, Win Paradise, LegitGamblingSites and Gamblers [...]

1 min read
Sportradar

Sportradar raises full year guidance as Q2 revenue grows 23%

New York-listed Sportradar Group has reported a 23 per cent increase in revenue to €177.2m for the second quarter of 2022, buoyed by strong growth in the United States.

The company recorded growth across all business segments during the second quarter of the year, with revenue from the RoW Betting segment [...]

1 min read
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