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Entain reports strong performance in the third quarter with Brazil exceeding expectations

Entain reports strong performance in the third quarter with Brazil exceeding expectations

The Entain Group reported strong performance in the third quarter of 2024, with total net revenue increasing by 8% and online gaming revenue by 10%, exceeding expectations. The company has updated its EBITDA guidance for the fiscal year 2024, driven by significant growth in key markets such as Brazi

0like·0comment2024-10-17
Scientific Games Fast Play Games Lead U.S. Retail Industry

Scientific Games Fast Play Games Lead U.S. Retail Industry

The company's fast games are among the best-performing in the industry, with the Kansas Lottery being the latest to launch.According to Scientific Games, this global lottery company leads in retail performance in the top three instant lottery markets in the U.S., based on per capita retail sales.Lea

0like·0comment2024-09-20
FanDuel Continues to Lead the US Betting Market

FanDuel Continues to Lead the US Betting Market

Jefferies analysts state that according to the latest market data, Flutter Entertainment's US gambling brand FanDuel continues to outperform its competitors in the United States.This week, the stocks of Paddy Power and Betfair's owner were warmly pursued in London, rising 1.75% to 16,315 pence.In Au

0like·0comment2024-09-14
Penn Entertainment's second-quarter revenue slightly declines

Penn Entertainment's second-quarter revenue slightly declines

Penn Entertainment released its Q2 2024 earnings report, indicating a slight decline in revenue by 0.7% to $1.66 billion year-over-year.The Interactive division, which includes all online and retail sports betting (ESPN Bet), online casinos, and social gaming operations, saw its revenue decrease by

0like·0comment2024-08-11
OpenBet performs well during Euro 2024 with 140 million bets

OpenBet performs well during Euro 2024 with 140 million bets

OpenBet, a leader in the sports betting industry, performed well during this year’s European Football Championship, processing more than 140 million bets during the month-long event and overseeing more than £850 million in bets. This huge achievement highlights OpenBet’s key role in sports

0like·0comment2024-08-05
IGT posts second-quarter revenue of $1.05 billion after Apollo acquisition

IGT posts second-quarter revenue of $1.05 billion after Apollo acquisition

IGT releases financial data for the second quarter of 2024. Total revenue for the quarter was just under $1.05 billion, down 1% year-over-year. While revenue from Global Lottery fell 2% to $613 million, the gaming and digital business actually grew 1% to $436 million. Global Lottery's dec

0like·0comment2024-07-31
XLMedia revenue nearly halved in first quarter

XLMedia revenue nearly halved in first quarter

XLMedia released financial results for the six months ended June 30, 2024, which took into account the sale of its assets in Europe and Canada. Earlier this year, XLMedia announced the sale of its sports betting and gaming assets to Gambling.com for a fixed consideration of $37.5 million, w

0like·0comment2024-07-31
Euro 2024 spurs Kindred second-quarter revenue growth

Euro 2024 spurs Kindred second-quarter revenue growth

Kindred Group released results for the second quarter of 2024, as well as results for the first half of the year. Second quarter of 2024 In the second quarter, total revenue increased 7% year-on-year to 327.6 million pounds ($422.8 million), and total bonus revenue (B2C) increased 6% to 3

0like·0comment2024-07-30

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