The German online lottery provider delivered strong revenue growth and a significant EBITDA uplift in Q1 despite lower jackpot activity. Key points: Key points: – Q1 2025 revenue rose 42% year-on-year to €51.1m – Q1 2025 revenue rose 42% year-on-year to €51.1m – EBITDA surged 89% to €17.7m; EBIT more than doubled to €15.6m –…
Lottomatica has recorded its highest-ever Q1 revenue, driven by continued growth in online gaming and strong performance across its sports betting operations. Key points: Key points: – Group revenue for Q1 2025 reached €585.7m, up 33% year-on-year – Group revenue for Q1 2025 reached €585.7m, up 33% year-on-year – Net profit rose 72% to €51.5m;…
Net income drops 49.6% year-on-year as VIP hold rates fall below expectations and event-driven Las Vegas comps weigh on results. Key points: Key points: – Q1 2025 revenue fell 8.7% year-on-year to $1.70bn – Q1 2025 revenue fell 8.7% year-on-year to $1.70bn – Net income declined 49.6% to $72.7m; diluted EPS down 46.9% to…
Following the positive results, the Board of Directors is feeling confident enough in the long-term profitability and cash flow outlook to launch a share repurchase programme. Key points: – Genius Sports has reported a 20.3% boost in revenue, although there was not growth across every vertical – Net loss improved by 67.9% to $8.2m, which…
The organisation is reportedly seeking buyers for the land upon which the unfinished project is built. Key points: Key points: – China Banking Corp. has opened up its Emerald Bay Resort development for sale – China Banking Corp. has opened up its Emerald Bay Resort development for sale – The company is now seeking potential…
The SEK 10m fine follows a SEK 30m fine received in December. Key points: – Kindred Group subsidiary Spooniker has been fined SEK 10m for customer due diligence failings by the Swedish gambling regulator, Spelinspektionen – The fine follows previous investigations into its operations Swedish gaming regulator Spelinspektionen has issued a warning and fined Kindred-owned subsidiary Spooniker…
The Commission has sought settlement approval from the US District Court. Key points: Key points: – The CFTC has requested permission from the US Court of Appeals to settle with Kalshi – The CFTC has requested permission from the US Court of Appeals to settle with Kalshi – If granted, this move would likely…
A year after launching in Argentina, Betano has partnered with one of the biggest clubs in the country. Key points: – Kaizen Gaming has signed a partnership with Argentinian football club, Club Atlético River Plate – Betano will be the brand featured on the front of the players’ shirts – The partnership will be active…
A Government representative stated that, when wagers are involved, these games can no longer be considered games of skill. Key points: – Government and gaming industry representatives have debated status of games of skill when wagers are placed against them – They have also debated whether these wagers are subject to the nation’s Goods…
The initiative aims to help women pursue higher-level coaching certifications by providing financial and educational support. Key points: – Svenska Spel will support the “Coach Lift” initiative to boost the number of trained female football coaches – Since 2023, 144 women have received UEFA B licences through the program, with 48 more set to join…
