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NorthStar reports growth in wagers, revenue, and margin for Q3 2024

NorthStar reports growth in wagers, revenue, and margin for Q3 2024

NorthStar Gaming Holdings Inc. announced its financial highlights for Q3 2024, with double-digit year-over-year increases in wagers and revenue.Total wagers for Q3 at Northstarbets.ca were CA$234 million (US$167 million), a 69% year-over-year increase. Revenue was CA$6.8 million (US$4.8 million), a

23like·0comment2024-12-02
IGT reports Q3 revenue decline, net loss amid Gaming & Digital division sale to Apollo Global

IGT reports Q3 revenue decline, net loss amid Gaming & Digital division sale to Apollo Global

International Game Technology (IGT) announced a decline in Q3 revenue and a shift to net losses as the company continues its transition toward a lottery-focused business model. This marks the first quarter that IGT’s Gaming and Digital divisions have been classified as discontinued operations, follo

24like·0comment2024-11-13
Sportradar reports a 27% increase in revenue to €255 million after a record third quarter

Sportradar reports a 27% increase in revenue to €255 million after a record third quarter

Sportradar published its financial results for the three months ending September 30, 2024, with total revenue increasing by 27% year-over-year, reaching €255.2 million for the period, while adjusted EBITDA grew by 30% to €65.8 million. The company stated that the outcome of betting content and gamin

23like·0comment2024-11-09
Crown Resorts reveals narrowed AU$165 million loss in FY24 but flat revenues show operating challenges remain

Crown Resorts reveals narrowed AU$165 million loss in FY24 but flat revenues show operating challenges remain

Australia’s Crown Resorts has announced a narrowed AU$164.8 million (US$111 million) loss for the 12 months to 30 June 2024, although the 17.4% improvement over last year’s AU$199 million (US$133 million) loss appears to be a result of cost cutting rather than any uptick in business volumes.Accordin

0like·0comment2024-10-21
TRLEI GGR down 33.4% in Q3

TRLEI GGR down 33.4% in Q3

Gross gaming revenue for the third quarter of the year was PHP8.23bn (US$140.0m).The Philippines.-Universal Entertainment Corphas shared the financial results of Tiger Resort, Leisure and Entertainment (TRLEI) for the third quarter of the year. The casino operator posted gross gaming revenue (GGR) o

0like·0comment2024-10-16
Rivalry announces another round of layoffs

Rivalry announces another round of layoffs

Toronto-based Rivalry has announced more layoffs, as part of the company’s restructuring to support growth into new areas like crypto. The company says they have laid off 28 employees. In July, Rivalry announced the layoffs of 29 people.“Rivalry recently completed a company restructuring, affecting

0like·0comment2024-10-14

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