Tag: Earnings
Evolution’s second-quarter revenue grows 3.1% year-on-year to hit US$607 million
18 July 2025 at 7:28am UTC-4
Live casino and slot game provider Evolution has reported net revenue of US$607.4 million for the second quarter, a 3.1% year-over-year increase.
Adjusted EBITDA for the period ...
Rivalry announces CA$1.3 net income in Q1 results
16 July 2025 at 6:24am UTC-4
Canadian Online sports betting provider and media company Rivalry Corp. has announced its financial results for Q1 2025. Operating expenses fell by 58% to CA$4 million year over ...
Super Group plans US igaming exit after record-setting quarter
10 July 2025 at 6:52am UTC-4
Online sports betting and gaming holding company Super Group is preparing to exit the US igaming market, even as it celebrates its strongest ever second-quarter results.
The ...
Analysts split on BetMGM revenue forecast
17 June 2025 at 4:30am UTC-4
A pair of stock analysts offered differing takes on BetMGM’s announcement that it was raising revenue and cash-flow guidance for 2025. Their views were expressed in competing 16 ...
Fitch: Tax hikes could stunt sports betting’s growth
16 June 2025 at 4:41pm UTC-4
“Recent and proposed state sports betting tax hikes could dampen the online gaming sector’s positive growth momentum,” Fitch Ratings Associate Director David Lowenstein ...
BetMGM upgrades financial outlook for 2025
16 June 2025 at 9:00am UTC-4
MGM Resorts International and Entain co-owned BetMGM has upgraded its financial outlook for 2025, citing a sustained positive momentum from the first to the second quarter.
The ...
Bragg Gaming reports first-quarter 7.1% revenue increase driven by US growth
16 May 2025 at 7:43am UTC-4
Gambling technology and igaming content provider Bragg Gaming saw a 7.1% increase in its first-quarter revenues, bringing in €25.5 million.
Meanwhile, gross profits increased ...
Aristocrat Interactive sees revenue jump 201% in H1
14 May 2025 at 7:29am UTC-4
Aristocrat Interactive has recorded a 201% rise in revenue for the first half of this year, according to figures released by parent company Aristocrat Leisure this week ...
Despite ‘bad quarters,’ DraftKings remains bullish about future
9 May 2025 at 2:20pm UTC-4
During Friday’s earnings call, DraftKings Chief Executive and Co-Founder Jason Robins painted a mostly positive picture of the company’s finances.
But that doesn’t mean ...
DraftKings’ revenue rises 20% year-over-year in first quarter
8 May 2025 at 4:55pm UTC-4
DraftKings on Thursday reported first-quarter revenue of $1.409 billion, an increase of US$234 million, or 20%, compared to US$1.175 billion during the same period in 2024 ...