Stoke-on-Trent-based online gambling operator bet365 Group filed its annual report for the financial year 2021-22, posting a marginal increase in revenue but a nearly 95% slump in profit. Stable Revenue, Spike in Administrative Expenses For the 52 weeks ended March 27, 2022, bet365 Group registered revenue of £2.87 billion ($3.42Continue Reading
Online betting giant bet365 has announced £2.8 billion ($3.4 billion) in 2022 revenue, corresponding to the financial year ended March 27, a figure that implies a 2.9% increase from the prior-year period. However, increased customer acquisition costs in new markets led to an almost 90% drop in profit, which totaledContinue Reading
Daniel Negreanu is one of the best tournament players ever, as evidenced by his no. 3 ranking on poker’s all-time money list. The 48-year-old Poker Hall of Famer has racked up more than $49 million over his storied career, and 10 percent of that was won in 2022. Negreanu, whoContinue Reading
A lack of disposable income, cold weather and the World Cup have left British punters spending less at casinos, said gaming operator Rank Group on Friday, pointing to weaker-than-expected three months to the end of December. The owner of the Mecca Bingo and Grosvenor Casinos brands also warned of lowerContinue Reading
Gaming and lottery solutions and technology provider Intralot reported its financial results for the third quarter of 2022, registering an 83% drop in earnings before tax year-over-year. Three Months to September 30, 2022 For the three months ended September 30, 2022, Intralot reported a turnover of €96.9 million ($101.75 million),Continue Reading
The fast-growing bookmaker in Central Europe and leading operator in Poland, STS Group, released its latest trading update Friday. The company revealed it enjoyed a strong performance for the third quarter, boosted by an increase in customer activity because of an action-packed sports schedule. STS Posts Third Quarter Results Overall,Continue Reading
Penn Entertainment has reported its financial results for the third quarter of the year. For the three months ended September 30, the business delivered revenues of $1.6 billion, an increase of 7.5% year-over-year; and net income of $123.2 million, up from $86.1 million in the comparable quarter last year. AdjustedContinue Reading
New Zealand’s only racing and sports betting agency, TAB NZ, released its latest trading update, revealing figures for its performance in September this year. TAB NZ Reveals Data for Performance in September The agency revealed that the trading update for September 2022 is the second monthly trading update as aContinue Reading
Betfred Group Limited filed its annual report and consolidated financial statements for the period ended September 26, 2021, to reveal the significant impact of the coronavirus-related closures on its betting shops. Key Performance Indicators For the 12 months ended September 26, 2021, Betfred generated £6,999 billion ($8,398 billion) in amountsContinue Reading
08:2610 Jun Mike Matusow has hit the headlines again with a World Series of Poker offer to bet up to $50k that he will profit by at least $50k over the course of this year’s WSOP! Anyone want to bet I show a profit of 50k or more for entireContinue Reading