iGaming Finance News
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DraftKings Reports $21.1m Net Profit in Q1 2026 After Hitting Higher Revenue Per User
DraftKings reported higher revenue and a second consecutive quarter of net profit during Q1 2026 as the company improves profitability across its…
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Genius Sports Adjusts FY2026 Guidance After Strong Q1 Revenue Growth
Genius Sports raised its full-year 2026 guidance after reporting a 30.5% increase in revenue during Q1. For the three months before 31…
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Light & Wonder Posts Lower Profit Margins Due To Legal Costs
Light & Wonder reported higher revenue and stronger adjusted free cash flow during Q1 2026. However, net income declined because of legal…
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Codere Bounces Back with Profit, Growth, and a $2B Surprise
With €7.0 million net profit in Q1 2026, Codere Online ended its loss streak and achieved an all-time high of €64.4 million…
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Brazil’s Rise Covers the Cracks in Flutter’s US Machine
Flutter reported $4.3 billion in first-quarter revenues, which represented a year-over-year increase of 14%, with Brazil becoming the country from which they…
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DigiPlus Clarifies Status Of Diamond Hotel Acquisition Deal
DigiPlus Interactive Corp. has stated that no definitive agreement has been reached following reports linking the company to a possible acquisition of…
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Betr Posts Decent Growth In Q3 2026 After Hitting A$38.2m in Gross Wins
Betr Entertainment reported stronger sales and profit performance in the Q3 of its 2026 financial year. The management attributed this to improved…
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Ainsworth Shift in Power with Rising Stake and Growing Tension
Kjerulf Ainsworth raised his stake in Ainsworth Game Technology to 8.35% after a proportional takeover offer closed on 27 April, which lifts…
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XO Market raised $6 million from investors
XO Market raised $6 million from investors including Coinbase Ventures and Pat Cummins to build a user-generated prediction market platform where people…
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Uganda Introduces 30% Betting Tax And New Winning Levy
Uganda will implement a new gambling tax framework from 1 July 2026 after approving updates to its gaming legislation. The reforms, introduced…
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Robinhood Records $1B Revenue In Q1 2026
Robinhood has released its financials for Q1 2026, which ended on 31 March. Following 2025’s record revenue, the company has maintained its…
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Raketech Revenue Fall Shows Hidden Shift
Raketech Q1 2026 revenue dropped 36% year on year to €5.3m due to divestments, closure of low margin parts, and focus on…
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Most Traders Lose, So Who Is Taking the Gains?
Most users on Polymarket faced losses, and over 100,000 accounts dropped more than $1,000, while retail traders together lost $131 million. A…
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Slot Breach Impact: Players Change $3 Into $1,200 Overnight
A server breach aimed at Amatic Industries pushed several slot games into failure, lifting win rates and letting players gain payouts that…
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Record Penalties Rock Ukraine’s Gambling Industry
Ukrainian gambling regulator, PlayCity, has revoked the licence of Favbet Game Slots and imposed a record fine of UAH933 million (around $21.17…
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Caesars Hits Modest Revenue Growth After Record Digital Performance In Q1 2026
Caesars Entertainment reported a 2.7% year-on-year increase in group revenue for the first quarter, supported by strong digital growth. Revenue for the…
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Sportradar Posts Q1 Net Loss Despite 11% Revenue Rise
Sportradar pushed revenue higher, yet mounting costs and outside financial strain pressed down on profit. Key divisions, including betting technology and gaming…
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Boyd Reports Marginal Revenue Growth Despite Decline In Profits
Boyd Gaming reported Q1 revenue of $997.4m, slightly ahead of the $991.6m recorded a year earlier. Net income attributable to the company…
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Banijay Completes Tipico Takeover to Create New European Gaming Giant
Banijay Group has now completed its buy of Tipico, joining Betclic, Tipico, and Admiral into Banijay Gaming, placing it as the fourth-largest…
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Sportradar Takes a Market Hit as Short Sellers Connect the Company to Illegal Betting Networks
Sportradar's share price fell 23% following claims that part of the company’s earnings originates from either unlicensed or illegal sports gambling operations,…
Financial news and analysis from the iGaming sector, including revenues, earnings reports, investments, and market performance.
Track financial trends impacting operators, suppliers, and the wider online gambling ecosystem.