Finance
GNOG Q1 revenue rises while SPAC warrants help profit skyrocket 1,000%
Golden Nugget Online Gaming (GNOG) reported a revenue increase of 54.2% in the first quarter of 2021, and while operating losses rose by almost $12m…
Esports Entertainment Group revenue rises as losses widen in 2021
Esports Entertainment Group has published its financial results for the third quarter of its financial year – the three months ending March 31, 2021 –…
GAN Q1 revenue soars to $27.8m after Coolbet addition
Gaming software provider GAN recorded revenue figures of $27.8m (£19.6m/€22.8m) for the first quarter of 2021, marking a significant 263.0% increase on the same period…
Game Taco acquires Game Show Network’s WorldWinner
Game Taco has agreed to acquire WorldWinner, the skill gaming arm of US television channel and games developer Game Show Network. The deal follows private…
Online success partially offsets pandemic hit for Galaxy Gaming in Q1
Gaming equipment supplier Galaxy Gaming has posted revenue figures of $4.3m (€3.5m/£3.0m) for the first quarter of 2021, which represents a 4.7% decrease on the…
Michigan revenue falls in April after March Madness boom
Michigan online betting and gaming operators brought in $115.2m in April, a drop of 9.5% after March Madness helped to bring March’s revenue to $127.4m.…
New Jersey gambling revenue rockets 326.4% YoY in April
Gambling revenue in New Jersey jumped 326.4% year-on-year to $352.2m in April as the US state continued its recovery from the novel coronavirus (Covid-19) pandemic.…
NeoGames sees Q1 rise in revenue and net income thanks to NeoPollard success
Online lottery platform provider NeoGames enjoyed a revenue rise of 46.5% in Q1, while overall net income rose by 4.8% year on year, thanks in…
Playstudios Q1 revenue and profit grows despite decline in overall customers
Social gaming developer Playstudios posted revenue figures of $74.1m (£52.7m/€61.1m) for the first quarter of 2021 – a 27.1% increase on this time last year…
Delaware online gaming revenue edges up in April
The Delaware Lottery has reported a 2.1% year-on-year increase in online gaming revenue in April, despite players staking 24.6% less during the month. Revenue in…
RSI raises full-year guidance after 217.6% YoY revenue growth in Q1
Betting and igaming operator Rush Street Interactive (RSI) has raised its full-year guidance after reporting a 217.6% year-on-year increase in revenue during the first quarter…
Indiana betting revenue and handle rocket YoY but down from March
The sports betting market in Indiana saw handle come to $236.4m in April, a 25% decrease from March, but a 798.7% increase compared to the…
Bragg Gaming enters US market with $30m Spin Games acquisition
Gaming technology provider Bragg Gaming has acquired Nevada-based B2B gaming content provider Spin Games, signaling the company’s first foray into the US market. The deal…
Playtika raises full-year guidance after revenue growth in Q1
Social gaming giant Playtika has raised its full-year revenue and earnings guidance after experiencing an increase in revenue during the first quarter of its 2021…