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 [...]
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 [...]
The new National Tote agreed to by India’s Turf Clubs will go live on 28 August with racing from Hyderabad Race Club. The National Tote will collect horse racing bets from across the different Turf Clubs and is intended to provide a larger, less volatile pool, as well as better [...]
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 [...]
London-listed betting and gaming operator Flutter Entertainment has announced the planned departure of director Andrew Higginson at the end of this year.
Having served three years as non-executive director, Higginson has notified the Board of his intention to step down by December 31.
In the meantime, Alfred F. Hurley Jr will assume [...]
FanDuel Group is rebranding its TVG Network to FanDuel TV ahead of the launch a new over-the-top (OTT) platform for North American viewers.
Set for launch in September, FanDuel TV and FanDuel+ will become the first linear and digital network dedicated to sports betting, with Kay Adams headlining the network with [...]
Swedish betting and gaming operator AB Trav och Galopp (ATG) has reported a 2 per cent drop in net gaming revenue (NGR) to SEK2.6bn for the first half of 2022, with a decline in retail offsetting continued growth online.
After last year’s record performance, NGR from ATG’s core horse race betting [...]
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 [...]
New York-listed racing and gaming operator PENN Entertainment has exercised its right to acquire all of the remaining shares in Barstool Sports.
PENN Entertainment (previously Penn National Gaming) had acquired a 36 per cent stake in the business in February 2020 for $161.2m, including call rights with respect to all of [...]
New Jersey’s betting and gaming market grew by 7 per cent in July as revenue from casinos, racetracks and their partners reached $480.7m.
While sports betting revenue declined again, falling 18 per cent year-on-year to $45.0m in July, this was offset by an 8 per cent increase in land-based casino win [...]
New York-listed gaming operator Churchill Downs Incorporated (CDI) has agreed to sell a 49 per cent stake in its United Tote business to a subsidiary of the New York Racing Association (NYRA).
The stake is being acquired by NYRA Content Management Solutions, with the transaction subject to customary closing conditions, including [...]
London-listed betting and gaming operator Flutter Entertainment has reported an 11 per cent increase in revenue to £3.39bn for the first half of 2022, of which more than £1bn was generated in the United States.
Benefiting from a 14 per cent increase in recreational customers to 8,716,000, first half revenue from [...]