Toronto-listed Northstar Gaming has posted a net loss of CAD$25.5 million for 2023 after seeing operating expenses increase by 59 per cent during the year.
In its first full year of operations, total wagers at Northstarbets.ca grew by 251 per cent to $648.8 million, generating gross gaming revenue of $22.5 million for the year.
Including managed services, net gaming revenue rose by 240 per cent year-on-year to $19.4 million.
The company said it reduced its customer acquisition [...]
