Draftkings posts positive 2024 EBITDA although misses guidance
The group reported a positive EBITDA of $181.3 million, up from the previous year’s loss of $151 million. This is the first time the operator has posted...
Legislative update: icasino dead in Indiana; mixed bag for gambling in Hawaii
Late last week, there was a flurry of legislative activity across the US, resulting in yet another state killing hopes for online gaming. But there’s still plenty...
KSA chairman warns against raising legal gambling age in Netherlands
Groothuizen published a blog on 18 February responding to Struycken’s most recent letter to parliament, laying out his latest plans for gambling reform in the market. ...
Thailand council on casinos: Only millionaires allowed
To address public concerns about gambling addiction, Thailand lawmakers may limit casino gambling to locals with a minimum of 50 million baht (£1.167 million/€1.4 million/$1.48 million) in...
Faced with a huge budget deficit, Hong Kong may legalise basketball bets
An “insider” last week told the South China Morning Post that Hong Kong’s 2024-25 budget, to be released tomorrow (26 February), may include a plan for legal...
IGT posts slight declines in Q4, full-year results as it prepares for Everi merger
According to a release, the company posted $651 million (£513.9 million/€619.1 million) in Q4 revenue, down 4% year-on-year. Adjusted EBITDA for the quarter was $290 million, an...
Formula 1 signs ALT Sports Data as official betting data supplier
Under the terms of the deal, announced today (28 February), ALT Sports Data becomes the official betting data supplier to Formula 1. The length of the new...
Betsson receives full Brazil betting licence as VaideBet gains court authorisation
Betsson was among the first 10 companies to apply for a betting licence in Brazil, but it was notably absent from the list of 43 operators that...
Flutter touts growth, particularly in US despite tough NFL season
Executives also reported that for FanDuel in the US, the number of average monthly players grew 7% in the quarter and 13% for the fiscal year. Overall,...
Virgina hits second-best sports betting handle total in September
Sports betting handle in Virginia reached its second-highest monthly total in the history of the state’s regulated market in September, while revenue hit a four-month high. Customers...
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