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Spanish online gambling revenue tracks 15.1 per cent higher in Q1

Revenue for the first quarter totalled €350.7m. Spain.- Gross online gambling revenue in Spain was €350.7m in the first three months of the year. That's a 15.1 per cent increase from Q12023 and an 11.2 per cent rise from the previous quarter. According to figures from the Spanish gambling regulator, DGOJ, online casino was again the main driver,…

Industry ・ 05 June 2024

The Motley Fool

A "Powerful Recovery" in Macao Could Help Lift Las Vegas Sands Stock

The pandemic dealt a tough blow to casino resorts, but business is gearing up again. With its Singapore resort humming along nicely and Macao back open for business, Las Vegas Sands (LVS 2.62%) is focused on recovery and a bright future. Let's look at the company's recent quarterly results to get a better idea of where the casino stock might be…

Finance ・ 01 May 2023

Yogonet

Full House sees revenue down in 2022, officials pleased with early Waukegan casino response

Casino developer and operator Full House Resorts has announced its financial results for the fourth quarter and full year 2022. For Q4, the company posted revenue of $36.1 million, a decrease from $43.3 million in the prior-year period; and as for the full year, revenues were down by almost $17 million to $163.3 million. Management noted that the…

Finance ・ 09 March 2023

GGRAsia

Casino tech firm RGB rebounds to US$2mln profit in 4Q

Malaysia-based casino electronic games and services supplier RGB International Bhd posted a net profit of just over MYR9.3 million (US$2.1 million) for the three months to December 31, compared to a loss of MYR549000 in the prior-year quarter, it said in a Monday filing to Bursa Malaysia. Its performance earlier in the year meant that its full-year…

Finance ・ 28 February 2023

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Gaming Intelligence

Spanish Q3 iGaming revenue tops €240m on betting and slots growth

Spain's quarterly online gambling revenue rose by 31 per cent to €240.8m during the third quarter of 2022, helped by strong growth from online slots and live dealer roulette. Online casino gross gaming revenue (GGR) was up by 28 per cent year-on-year to a new quarterly high of €128m, equivalent to 53 per cent of the total market, with online slot…

Industry ・ 04 January 2023

GGRAsia

Casino tech firm RGB returns to profit in 3Q

Casino electronic games and services supplier RGB International Bhd posted a profit of almost MYR1.3 million (US$288800) for the three months to September 30, it said in a Wednesday filing to Bursa Malaysia. Such profit compared with a loss of just below MYR2.7 million in the second quarter. In the third quarter of 2021, the firm had posted a loss…

Finance ・ 01 December 2022

iGaming Brazil

High demand for live casinos drives Evolution's quarterly revenue

Evolution reported a 37% increase in revenue for the third quarter of the year, driven by a "high demand" for live casino content. The group generated 378.5 million euros (US$381 million) in operating income in the third quarter, up from 276 million euros in the prior-year period. EBITDA, in turn, increased by 35% to 261 million euros. However,…

Finance ・ 11 November 2022

This Is Money

888 revenues slip as bookmaker blames tightened gambling regulations

Bookmaker 888 has blamed new online safety regulations in Britain for a 7 per cent fall in revenues in its third quarter. Total revenues fell to £449million, which the group also pinned on the closure of its Netherlands operations, as UK online income from its William Hill business fell 14 per cent to £125million. Retail revenue from William Hill,…

Finance ・ 18 October 2022

iNtergame

Sun casinos well on way to recovery

The group's half-year results showed income from casinos, Sun Slots and SunBet, making up 82 per cent of group income, up by 30 percent. Adjusted EBITDA margin improved by 29.1 per cent. From a loss of R7m earnings rose to R438m. CEO Anthony Leeming said: "These exceptional results were achieved despite a trading environment which was impacted by…

Covid ・ 05 September 2022

GGRAsia

Casino tech firm RGB narrows loss q-o-q to June 30

The quarterly loss at casino electronic games and services supplier RGB International Bhd narrowed sequentially for the three months to June 30, it said in a Monday filing to Bursa Malaysia. Such loss was just under MYR2.7 million (US$592315), compared with a loss of just over MYR3.3 million in the first quarter. "The tourism and hospitality…

Travel ・ 30 August 2022

The Street

Downtown Las Vegas' Fremont St. Casino Brings a Big Name to the City

Las Vegas casinos have had the market cornered on sportsbooks in the city and state thanks to a 2015 law that banned daily fantasy sports operators in Nevada. In October of that year, the Nevada Gaming Control Board issued a notice for FanDuel, DraftKings (DKNG) - Get DraftKings Inc. Report and any other daily fantasy sports operator to cease…

Sports ・ 05 August 2022

Stock News

GDEN: 5 Gambling Stocks Worth Betting On

Online gambling gained traction during the first COVID-19 wave, as people turned into online entertainment due to nationwide lockdowns and traveling restrictions. In addition, the easing of restrictions lately has allowed in-person gambling to regain momentum, thanks to substantial pent-up demand. With the increased use of smartphones and emerging…

Sports ・ 15 June 2022

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Macau Business

SJM’s net losses double to HK$1.2 bln in Q1

SJM Resorts' losses attributable to shareholders have doubled to HK$1.2 billion (US$163.3 million) in the first quarter of this year when compared to the same period in 2021, the group's latest unaudited financial report shows. Although net revenue reported by the gaming operator managed to increase by 2.4 per cent year-on-year to HK$2.5 billion,…

Travel ・ 03 May 2022

Gaming Intelligence

Online casino drives strong revenue growth at OPAP

Greek gaming and lottery operator OPAP has reported a 36 per cent increase in gross gaming revenue (GGR) to €1.54bn in 2021, after seeing revenue more than double during the final quarter of the year. Total Q4 GGR rose by 116 per cent year-on-year to €498.5m, buoyed by growing contributions from the online division and a full operational quarter in…

Finance ・ 23 March 2022

Entrepreneur

Las Vegas Sands (LVS) Q4 Earnings & Revenues Beat Estimates

Las Vegas Sands Corp. LVS reported decent fourth-quarter 2021 results, with earnings surpassing the Zacks Consensus Estimate and increasing year over year. Revenues during the quarter beat the consensus mark but declined on a year-over-year basis. Following the results, the company's shares increased by more than 2% in the after-hour trading…

Finance ・ 27 January 2022

The Mighty 790 KFGO

Evolution core profit beats forecasts

STOCKHOLM (Reuters) - Sweden's Evolution AB on Thursday reported third-quarter core earnings above market estimates and said growth was driven by a strong global demand for live casino games.The company, which develops and licenses casino games su... STOCKHOLM (Reuters) - Sweden's Evolution AB on Thursday reported third-quarter core earnings above…

Industry ・ 28 October 2021

iNtergame

Casino sector drives double digit growth at Kindred

The company, with businesses across Europe, the US and Australia, published its interim report for the period between January and September. Gross revenues in the third quarter were up six per cent to £298.4m and underlying EBITDA was up 13 per cent to £84.2m. Profit after tax was £60.6m compared with £52.5m. For the nine months revenue was up 33…

Law ・ 27 October 2021

Entrepreneur

Las Vegas Sands vs. Boyd Gaming: Which Casino Stock is a Better Buy?

Following the jarring impact of the COVID-19 pandemic last year, the casino industry is finally showing signs of recovery thanks to the continued evol... Stay informed and join our daily newsletter now! 6 min read Following the jarring impact of the COVID-19 pandemic last year, the casino industry is finally showing signs of recovery thanks to the…

Finance ・ 05 August 2021

GGRAsia

SJM Holdings 1H loss slightly up, as revenue rises 19pct

Macau casino operator SJM Holdings Ltd reported a first-half net loss of nearly HKD1.47 billion (US$ 188.5 million), compared to HKD1.41 in the first six months of 2020. That was on revenue that rose by 19.4 percent year-on-year, to HKD5.22 billion, the firm said on a Tuesday filing to the Hong Kong bourse. Group adjusted earnings before interest,…

Finance ・ 03 August 2021

Market Screener

Evolution's quarterly earnings jump on casino games boost

STOCKHOLM, July 21 (Reuters) - Sweden's Evolution ABreported a 115% jump in second-quarter core earnings,beating market estimates, as the pandemic boosted demand foronline casino games, particularly in the United States. The company, which makes online slot machines and roulettegames, has seen more customers turning to online games and theUnited…

Games ・ 21 July 2021

SBC News

Gambling maintains its growth profile, as sector prepares for critical summer trading

Q1 analysis undertaken by H2 Gambling Capital has observed that the industry has maintained B2C and B2B growth despite continued trading against volatile lockdown conditions and regulatory headwinds in Germany and the Nordics. Recording a year-on-year revenue increase of 42%, global gambling tracked a'weighted average EBITDA' growth of 119%, as H2…

Sports ・ 24 May 2021

Gaming Intelligence

Evolution Gaming doubles first quarter revenue to €235.8m

Stockholm-listed casino supplier Evolution Gaming has seen revenue more than double to €235.8m in the first quarter of 2021. Revenue was buoyed by a record performance from the company's live casino offering, which rose 60 per cent to €183.7m, as well as a 6 per cent increase in revenue from RNG games to €52.2m as a result of the acquisition of…

Finance ・ 07 May 2021

Market Screener

tops forecast as pandemic boosts online casino games

Covid ・ 10 May 2021

Casino Beats

Century Casinos hoping to reopen most establishments by August

Century Casinos is eyeing a phased reopening of its entire property portfolio, a move which began this week with its Casinos Poland subsidiary, in which the firm holds a 66.6 per cent ownership interest, swinging the doors open to its eight establishments. The firm anticipates that further locations will begin to return to operations in June, with…

Sports ・ 07 May 2021