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Business
August 12, 2025
Entain Raises FY 2025 Guidance Following Strong H1
Global sports betting and gaming giant Entain has published its interim H1 report, highlighting results that exceeded its leadership’s initial expectations. As a result, the company has updated its guidance and raised its FY 2025 forecasts. Entain’s H1 Was Very Strong In the first half of the year, Entain’s total net gaming revenue, including its […]
Business
August 12, 2025
Full House Resorts Posts Q2 Report, Highlights Stable Revenue
Casino and hospitality company Full House Resorts has published its financial results for the second quarter of the year. The company’s revenue remained mostly stable, with its team continuing its efforts to identify and address inefficiencies. Full House Resorts’ Revenue Was Mostly Stable In its report, Full House Resorts outlined revenues of $73.9 million – […]
Business
August 12, 2025
Novig’s Latest Funding Round Nets the Company $18M
Novig, a US-focused peer-to-peer sports prediction market, has announced the completion of its latest Series A funding round. The round saw participation from a variety of longtime Novig allies and netted the company some $18 million. Supporters Fueled Novig’s Future Growth Per Novig’s official announcement, the latest funding round was led by Forerunner and saw […]
Industry
August 11, 2025
New York Sports Betting Slows in July as Handle Hits 12-Month Low
Consumer spending on online sports betting in New York fell to a 12-month low in July, according to the New York State Gaming Commission. This marked the lowest monthly total since July of last year, when $1.27 billion was wagered. The figure also represented a 15.2% decline compared to the $1.65 billion spent on sports […]
Business
August 8, 2025
Flutter’s Q2 Report Shows Strength Across Multiple Markets
International online gaming and sports betting giant Flutter Entertainment has published its results for the second quarter of the year, highlighting double-digit revenue and EBITDA growth. The strong results reflected the company’s stable position in the US and beyond and led to an update in Flutter’s full-year guidance. Flutter’s Revenue and EBITDA Experienced Double-Digit Growth […]
Business
August 8, 2025
DraftKings Demonstrates Enduring Resilience with Impressive Q2 Financials
DraftKings posted an impressive performance in the second quarter of 2025, setting all-time highs in revenue and Adjusted EBITDA. The iGaming and sports betting giant achieved $1.51 billion in revenue during the quarter, a 37% year-over-year rise. Adjusted EBITDA hit $301 million, more than twice the company’s highest mark, translating to a 20% margin. Sports […]
Casino
August 8, 2025
Wynn Shines on Strip with Record Q2, Eyes Strong 2026
While competitors like MGM Resorts and Caesars Entertainment have been experiencing the effects of slower Las Vegas visitor numbers, Wynn Resorts is swimming against the tide, posting its best-ever second-quarter adjusted earnings on the Strip. Wynn, an “Outstanding Performer on the Strip” Second-quarter revenue from Wynn’s Las Vegas operations rose to $638.6 million, signaling a […]
Industry
August 7, 2025
Philippine Central Bank Eyes Stringent Rules on Gambling Transactions
As the Philippines’ fight against illegal gambling and gambling harm continues, the Philippine Central Bank (Bangko Sentral ng Pilipinas/BSP) has decided to introduce more stringent rules on gambling-related transactions. BSP Is Considering New Rules to Shield the Public According to a report by The Inquirer, the BSP is currently working on a new pack of […]
Business
August 7, 2025
Super Group’s Q2 Broke Its Revenue and EBITDA Records
Global gaming giant Super Group has published its financial report for the second quarter of 2025, highlighting a new quarterly revenue record. The leadership praised the results and said that the investments in technology should position the group for long-term growth. The Company’s Quarterly Performance Was the Strongest on Record In the second quarter of […]
Business
August 7, 2025
Penn Entertainment Posts Strong Q2 Results as Interactive Segment Marks New Record
American gaming giant Penn Entertainment has published its financial report for the second quarter of the year, reporting an increase in revenue and EBITDA, as well as a significant narrowing of the company’s net loss. Penn’s Interactive Segment Reported Record-Breaking Figures In the second quarter of 2025, Penn Entertainment’s revenue reached almost $1.8 billion, marking […]
