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FanDuel Predicts Market Expansion to US States Where Sports Betting is Not Yet Legal, Strategic Layout and Challenge Analysis

FanDuel Predicts Market Expansion to US States Where Sports Betting is Not Yet Legal, Strategic Layout and Challenge Analysis

Flutter Entertainment's brand FanDuel announced that it will launch a prediction market service in states where sports betting has not yet been legalized in the US, following a similar move by competitor DraftKings. CEO Peter Jackson noted that this strategy aims to tap into new user groups while ad

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Banijay Game Growth Unstoppable Media Plan

Banijay Game Growth Unstoppable Media Plan

Banijay Group CEO François Riahi emphasized that the company will not sell its content business division, despite significant growth in the gaming sector. In the first nine months before 2025, the group's total revenue reached 3.22 billion euros, a year-on-year increase of 3.2%, of which gaming reve

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Genius Sports' third-quarter revenue increases by 38%, raises full-year forecast

Genius Sports' third-quarter revenue increases by 38%, raises full-year forecast

Genius Sports recently announced its third-quarter financial results, with revenue increasing by 38.2% to $166.3 million, marking the best growth record since 2022. Despite a net loss due to foreign exchange losses and increased operating expenses, the company has raised its full-year revenue and ad

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Super Group raises annual revenue forecast to $2.2 billion

Super Group raises annual revenue forecast to $2.2 billion

Super Group, based on strong third-quarter results, has raised its full-year revenue forecast for 2025 to between $2.17 billion and $2.27 billion. This growth is primarily due to significant improvements in the UK and African markets, as well as record-high user activity.Core Financial PerformanceTh

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Jumbo Interactive acquires Dream Giveaway to enter the US lottery market.

Jumbo Interactive acquires Dream Giveaway to enter the US lottery market.

Australian listed company Jumbo Interactive announced the acquisition of the American lottery company Dream Giveaway for AUD 57.8 million (approximately USD 37.6 million), officially entering the US market. This is Jumbo's second international acquisition following the early October purchase of UK-b

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Evolution expects the UK Gambling Commission review to be updated in December.

Evolution expects the UK Gambling Commission review to be updated in December.

Evolution Group CEO Martin Carlesund stated that the results of the review of the group's supplier license by the UK Gambling Commission are expected to be announced in December 2024, but the regulatory body has not provided a specific timetable. This review originated in December 2023, due to the d

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FDJ United's revenue fell 3% to 864 million euros in the third quarter, with increased taxation in Europe being the main influencing factor.

FDJ United's revenue fell 3% to 864 million euros in the third quarter, with increased taxation in Europe being the main influencing factor.

French gaming group FDJ United announced its financial results for the third quarter of fiscal year 2025, with revenue down 3% year-on-year to 864 million euros (approximately $1.01 billion). The company attributed the decline in revenue primarily to an increase in gambling taxes in Europe, especial

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Philippine gambling giant DigiPlus faces strategic turning point: acquisition obstacles and industry challenges under regulatory changes.

Philippine gambling giant DigiPlus faces strategic turning point: acquisition obstacles and industry challenges under regulatory changes.

The Philippine gaming industry is facing a major turning point. Regulatory policy changes and market transformation are reshaping this important industry, which accounts for 1.2% of the national GDP.Philippine listed company DigiPlus Interactive Corp recently encountered strategic setbacks. Accordin

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Flutter focuses on the US market, cutting 220 employee positions in the UK and Ireland, sparking attention.

Flutter focuses on the US market, cutting 220 employee positions in the UK and Ireland, sparking attention.

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

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Codere Online's Mexico business leads in the first quarter, with a 15% increase in net gaming revenue.

Codere Online's Mexico business leads in the first quarter, with a 15% increase in net gaming revenue.

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

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Light & Wonder's first-quarter revenue increased by 2% to $774 million, with an expanded profit margin in gaming.

Light & Wonder's first-quarter revenue increased by 2% to $774 million, with an expanded profit margin in gaming.

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

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Lottomatica's first-quarter revenue increased by 33% to $665.8 million, with online business growing by 59%.

Lottomatica's first-quarter revenue increased by 33% to $665.8 million, with online business growing by 59%.

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

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DraftKings CFO hails positive adjusted EBITDA 'milestone'

DraftKings CFO hails positive adjusted EBITDA 'milestone'

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 $

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Red Rock Resorts reports fourth-quarter revenue and adjusted earnings gains, net income drop

Red Rock Resorts reports fourth-quarter revenue and adjusted earnings gains, net income drop

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

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Soft2Bet examines its successful 2024 through a valuable corporate report

Soft2Bet examines its successful 2024 through a valuable corporate report

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

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BetMGM streamlines rewards program into a single account

BetMGM streamlines rewards program into a single account

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

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