| iGaming Business

daily_news
10 September 2020
Esports Entertainment expects revenue to reach $13m in 2021
Esports Entertainment Group has forecast revenue of $13.0m (10.0m/€10.9m) for its 2021 fiscal year, the first year in which the esports betting operator will be able to post revenue.
daily_news
11 August 2020
Covid-19 leads to widening Q2 losses for Allied Esports
Allied Esports Entertainment, the group that includes World Poker Tour (WPT), has reported a comprehensive loss of $10.9m (£8.3m/€9.3m) for the second quarter, after its revenue was hit by the novel coronavirus (Covid-19) shutdown of certain esports events.
daily_news
23 June 2020
Luckbox increases pre-IPO financing to CAD$4.5m
Esports betting operator Luckbox has completed a second tranche of funding, raising a further CAD$627,650 from investors, and taking the total sum raised through its current round to $4.5m.
daily_news
9 June 2020
Esports Entertainment raises $4.4m in latest funding round
Esports betting operator Esports Entertainment Group has announced that it secured approximately $4.4m (£3.5m/€3.9m) from the exercise of warrants, further strengthening its financial position as it prepares to execute its expansion strategy.
news_analysis
20 May 2020
Igaming M&A: safety in numbers?
With the share prices of some of the major online players currently proving more resilient than expected following a period of vastly divergent performances across the sector, David McLeish analyses the immediate opportunities and likely drivers of consolidation plays over the next 12-18 months
daily_news
12 May 2020
Losses widen at Allied Esports in first quarter
Allied Esports Entertainment, the esports event business that includes World Poker Tour (WPT), has posted increased losses and lower revenue for the first quarter of 2020, due in part to the novel coronavirus (Covid-19) global pandemic.
article
1 May 2020
Esports betting dashboard: April 2020
H2 Gambling Capital and iGB are pleased to bring you the April 2020 Esports Betting Dashboard, including GGR estimates and growth to 2024, regional breakdown and the impact of the novel coronavirus (Covid-19) pandemic
daily_news
17 April 2020
PA gambling revenue halves in March amid Covid-19 shutdowns
The Pennsylvania Gaming Control Board (PGCB) saw gambling revenue in the state more than half in March due to the widespread shutdown of casinos and postponement of sports events as a result of the novel coronavirus (Covid-19) outbreak.
daily_news
1 April 2020
Operators to donate virtual Grand National profits to NHS
A group of major gambling operators have announced that they will donate any profits from this Saturday’s virtual Grand National event to the UK’s National Health Service (NHS).
news_analysis
19 February 2020
Headlines and deadlines: the story of the second half
The final six months of the decade saw talk of regulatory crackdowns continue, with pressure growing on operators across a number of markets and verticals. Elsewhere M&A activity rose to the fore, with a number of high-profile acquisitions announced during the period
daily_news
1 October 2019
US sports betting pushes revenue up at GAN in Q3
Online betting and gaming technology provider GAN has said that stronger-than-expected demand for its sports betting services in the US helped to drive gross operator revenue up 202.7% year-on-year during the third quarter.
daily_news
12 August 2019
Inspired revenue hit by FOBT stake cut in Q2
Inspired Entertainment saw revenue fall $10.2m (£8.4m/€9.1m) in the second quarter of its financial year, with the decline blamed on the UK government’s decision to reduce maximum B2 machine stakes to £2. The supplier posted a net loss of $10.7m for the period.
daily_news
7 June 2019
Esports Entertainment eyes NASDAQ Capital Market listing
Online gambling operator Esports Entertainment Group has applied to list its common shares on the NASDAQ Capital Market. Subject to relevant approvals, the operator will trade $11.5m worth of shares.
daily_news
11 March 2019
Product and personalisation boost KamaGames in 2018
Social casino studio KamaGames has reported a 33% increase in revenue for 2018, with the Pokerist operator crediting its focus on personalised promotional campaigns and efforts to improve player retention as key drivers of growth.
daily_news
12 February 2019
Inspired sees revenue drop as losses widen in Q4
Inspired Entertainment has reported a year-on-year decline in revenue for the fourth quarter, with losses also widening to €4.7m in the transitional period.
daily_news
13 September 2018
LeoVegas seals esports investment
Company strikes deal for 51% stake in Pixel Holding Group
daily_news
13 September 2018
World Cup and VLTs drive OPAP growth
Lottery remains biggest revenue-generator despite 10% year-on-year fall
news_analysis
20 June 2018
Following the money in Esports
As esports completes its move from subculture to the mainstream, there are big rewards in store for those who grasp both its past and its potential. Ready, player one?

Subscriber content
daily_news
10 May 2018
Inspired cuts losses in second quarter
Inspired Entertainment has reported a year-on-year increase in revenue for the second quarter, while the company also cut net loss by 94.5% in the period
daily_news
1 March 2018
Scientific Games reveals widespread growth in 2017
Scientific Games has reported year-on-year financial growth across all business segments for the 12 months to December 31, 2017

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