Flutter Entertainment is cutting about 220 positions in the UK and Ireland, a move closely related to its strategy to accelerate expansion into the US market. The company has initiated a staff consultation process, with the affected positions mainly concentrated in the technology and product teams i
Online gambling operator Codere Online announced its first quarter 2025 financial results, with net gaming revenue (NGR) increasing by 8% year-over-year to 57 million euros (64 million USD), and a 17% increase at constant exchange rates. The Mexican market performed particularly well, with NGR reach
Light & Wonder has started 2025 with steady revenue growth, achieving a 2% year-over-year increase in total revenue for the first quarter, reaching $774 million. This marks the 16th consecutive quarter of year-over-year revenue growth, thanks to the robust performance of its gaming and iGaming divi
Lottomatica Group's consolidated revenue for the first quarter of 2025 was EUR 585.7 million (USD 665.8 million), a 33% increase year-over-year.The online sector led the growth, with revenues reaching EUR 239.8 million, up 59% year-over-year. The increase in online betting volume by 46%, reaching EU
DraftKings’ chief financial officer Alan Ellingson said achieving a first year of positive adjusted EBITDA made 2024 a “milestone year” for the North American gaming and betting operator. Company revenue for the 12-month period rose to US$4.77bn, up from $3.67bn, with Q4 contributing revenue of $
Red Rock Resorts reported fourth-quarter increases in revenue and adjusted earnings, while net income fell, the company announced Tuesday.Net revenue was $495.7 million for the fourth quarter, an increase of 7.1% or $33 million from $462.7 million in the same period of 2023. Net income was $87.7 mil
These milestones reflect the brand’s expansion and its strengthened presence in regulated markets, as well as industry-leading product innovation and credibility on a global scale. Important iGaming turnkey solutions supplier Soft2Bet has shared a very positive 2024 Growth Report today. The 74-pages
Bragg Gaming Group has stated that its Special Committee has concluded its strategic alternatives process, with its board declining several proposals.In its financial results for the third quarter of 2024, the company remarked that its board “unanimously determined that none of the proposals receive
Gentoo Media (formerly known as the Game Innovation Group) reported that its revenue for the third quarter of 2024 achieved a record increase, a result of its recent restructuring efforts and focus on high-value markets.The company's revenue for the third quarter of 2024 grew by 35% year-over-year t
Bragg Gaming Posts Q3 Report, Shares Plummet as Execs Rule Out SaleBragg Gaming Group has published its Q3 report, highlighting a stable and growing business with record-breaking revenue growth. The company, however, saw its share price decline after it denied a potential sale of its business.The Co
Bragg Gaming Group says none of the proposals received regarding a potential sale or merger reflected the company’s “intrinsic value,” as it posted record third-quarter revenue. A special committee began looking into strategic alternatives for Bragg in March, with a “significant number” of potent
Flutter Publishes Q3 Results, Prepares for Share BuybackGambling and betting giant Flutter Entertainment has published its Q3 report, highlighting significant increases across multiple metrics. As a result, the company updated its guidance, introducing a small raise, and announced the launch of the
Strength in the Las Vegas Locals market propelled Red Rock Resorts to a record third quarter for revenue and adjusted earnings. Stephen Cootey, the company’s executive vice president and chief financial officer, said Red Rock approached its historical adjusted earnings margin in the quarter.“Durango
Wynn Resorts reported healthy demand in Las Vegas for its luxury segment during the third quarter, saying revenue rose 1% and adjusted earnings were flat over difficult comparisons with the third quarter of 2023.During an earnings call Monday, CEO Craig Billings said Wynn Las Vegas and Encore grew h
RSI Posts Strong Q3 Report, Boosts FY GuidanceLeading gaming and betting operator Rush Street Interactive (RSI), published its financials for the quarter ended September 30, outlining a vast increase in revenue and income.Because of the strong performance, Rush Street Interactive updated its guidanc
Evoke announced a 3% increase in revenue for the third quarter of 2024, reaching 417 million pounds (544 million dollars). This marks the company's first year-over-year revenue growth since the first quarter of 2022. The overall performance was primarily due to strong growth in core international ma
