888 Holdings has reported an 18 per cent fall in revenue for the first quarter of the year as a result of its temporary withdrawal from the Netherlands, tough trading conditions in the UK, and the impact of the strong comparable period last year.
888’s total revenue in the first quarter [...]
Land-based businesses bounced back from the pandemic and online operators continued their upwards trajectory, with M&A powering companies up the GIQ30.
GAN has been one of the early beneficiaries of the opening up of the US sports betting and iGaming market, but it was its acquisition of operator Coolbet that took [...]
Stockholm-listed betting and gaming operator Kindred Group has reported a 30 per cent fall in revenue to £247m for the first quarter of 2022.
Kindred said that results were negatively impacted by the company's temporary withdrawal from the Netherlands iGaming market last October, as well as very strong trading in [...]
London-listed betting and gaming operator Entain has reported a 31 per cent increase in group net gaming revenue (NGR) for the first quarter of 2022, despite posting an 8 per cent fall in Online NGR.
Entain said that results were in line with expectations, with the strong start to the year [...]
Shares in 888 Holdings jumped by close to 30 per cent in London Thursday morning after the company announced that it has renegotiated the terms of its proposed acquisition of William Hill’s non-US business from Caesars.
888 has agreed to pay a cash consideration of £584.9m to acquire the business, down [...]
Austrian gaming giant Novomatic has reported a 6 per cent increase in group revenue to €1.84bn in 2021, despite year-on-year declines in its core markets of Germany and Austria.
The company attributed its revenue growth to relaxed Covid-19 restrictions in the latter part of the year, and the performance of its [...]
Madrid-listed gaming operator Codere has seen revenue more than double to €291m during the final quarter of 2021, benefiting from improved results from its land-based operations in Europe and Latin America.
Codere's trading recovered significantly during Q4 following Covid-related closures and restrictions in the prior year period, with its results in [...]
Spain’s regulated online betting and gaming market declined by 4 per cent in 2021 as total gross gaming revenue (GGR) fell to €815.3m.
The full year decline followed a 24 per cent drop in GGR during the final quarter of the year to €175.9m, as sports betting GGR fell by 58 [...]
European online betting and gaming operator Novibet has agreed a deal to go public on the Nasdaq stock exchange through a merger with special purpose acquisition company (SPAC) Artemis Strategic Investment.
The agreement gives Novibet a pre-transaction enterprise valuation of $625m and will see existing Novibet stakeholders hold approximately 75 per [...]
Las Vegas-based bingo and keno games developer Gaming Arts is expanding into the iGaming sector after agreeing a five-year exclusive partnership with Bally’s Corporation-owned Gamesys.
The deal provides Gamesys with access to Gaming Arts’ full library of games for deployment with all online gaming markets in which Gamesys operates around the [...]
Denmark’s regulated betting and gaming market generated total gross gaming revenue of DKK1.05bn (€141.0m) for the first two months of 2022.
Total combined GGR for January and February rose by 16 per cent compared to the same period last year, as the land-based gaming sector continued to recover from Covid-related closures [...]
London-listed gaming technology supplier Playtech has reported a 12 per cent increase in revenue to €1.21bn in 2021, buoyed by strong B2B growth in the Americas and continued growth from its Snaitech B2C business in Italy.
Playtech described the year's performance as “very strong” in light of the challenges that came [...]