Finland study finds online betting ads contribute to problem gambling and financial harms
A study in Finland has found online gambling ads contribute to problem gambling and financial harm, especially among online offshore gamblers. The study was conducted by Iina...
DraftKings increases FY guidance after Q1 growth
The operator said efficient acquisition of new customers, product innovation driving higher hold percentage, decreased promotional intensity in more mature states and continued healthy customer retention helped...
Waterhouse VC: The next era of prediction markets
We first spotlighted prediction markets in November 2024, when the US election sent trading volumes parabolic. The question back then was whether these platforms could sustain engagement...
Bally’s raises earnings guidance after Q1 growth
The operator reported “strong” growth across all of its segments, but singled out Casino & Resorts in particular, with revenue within this area of the business reaching...
PointsBet reduces net loss in FY25, MIXI edges closer to takeover
PointsBet has posted a reduction in net loss for its 2025 financial year, following a rise in revenue and decrease in expenses. Meanwhile MIXI Australia has taken...
Macau recovery pushes Melco revenue up 51% YoY
Melco chairman and CEO Lawrence Ho outlined the recovery the city’s gaming industry has made in 2023 compared to the previous year. “We have seen a very...
Macau rally continued in August with strongest GGR since pandemic
The Macau gaming industry just checked off another winning month. The Gaming Inspection and Coordination Bureau (DICJ) reported gross gaming revenue (GGR) of MOP22.15 billion (US$2.76 billion)...
DoubleDown stems bleeding with first revenue increase in eight quarters
DoubleDown framed the “solid” Q1 results as consequence of the company’s strong business model, highlighting that it often achieved adjusted EBITDA margins of more than 30% in...
Delta Corp backpedals on India IR project, citing tax concerns
Delta Corp, a Mumbai-based gaming and hospitality firm, has put on hold its plans for an integrated casino resort in Goa, known as the casino capital of...
Net loss down at Allied Gaming despite revenue drop in Q1
Q1 was the first full quarter since the group set out plans to restructure its existing esports business operations and expand its focus into a wider range of markets,...
- Advertisement -
