November 15, 2022

Raketech iGaming Company Reports Q3 Revenue

The iGaming company, Raketech, has just unveiled their revenue numbers for Q3 and the company is posting some solid growth. The report from Raketech shows revenue at €12.9 million which translates to $12.8 million, a 35% increase from its prior Q3. Raketech also made good strides with adjusted EBITDA jumping up 17% year over year to €4.8 million as well as operating profits which posted a 22% increase from €2.3 million to €2.9 million. The CEO of Raketech commented on the report stating, “As expected, activity picked up during the third quarter, driven by seasonality and a continuous positive momentum within our core affiliation segment as well as additional growth from our new business segment, AffiliationCloud.”
November 14, 2022

Flutter Entertainment Shows Good Growth In Q3 Revenue Report

Flutter Entertainment has just unveiled their Q3 revenue report showing a 31% increase from Q3 2021. The company reported revenue of £1.89 billion which translates to $2.18 billion. Flutter attributes most of its success to a quickly expanding U.S. market that grew 82% to £598 million as well as their acquisition of Sisal. Of the revenue reported, £1.14 billion was from sports revenue and gaming revenue followed with £748 million. A quote from the Flutter’s Chief Executive states, “We are really pleased with our performance in our US division since the start of the NFL in September where we are now averaging over 1m players on a regular NFL Sunday. In addition, we are seeing an increase in customer retention rates as our parlay products continue to […]
November 11, 2022

Light & Wonder Posts Positive Q3 Growth

The gambling product and service company, Light & Wonder, have just revealed their Q3 report showing positive growth of 20% from 2021. The company reported revenue of $648 million for Q3 with the help of SciPlay which hit a new quarterly record. ABITDA also grew 16% from 2021 to $235 million as Light & Wonder continue their expansion into the gaming sector. A quote from the companies CEO Matt Wilson states, “With the sale of the Sports Betting business, we have rapidly delivered on our promise to transform our business and streamline our organization… We have a unique collection of assets that are powered by games, technology, and our amazing teams. Our strengthened balance sheet pits us in a great position to build on our […]
November 15, 2022

Raketech iGaming Company Reports Q3 Revenue

The iGaming company, Raketech, has just unveiled their revenue numbers for Q3 and the company is posting some solid growth. The report from Raketech shows revenue at €12.9 million which translates to $12.8 million, a 35% increase from its prior Q3. Raketech also made good strides with adjusted EBITDA jumping up 17% year over year to €4.8 million as well as operating profits which posted a 22% increase from €2.3 million to €2.9 million. The CEO of Raketech commented on the report stating, “As expected, activity picked up during the third quarter, driven by seasonality and a continuous positive momentum within our core affiliation segment as well as additional growth from our new business segment, AffiliationCloud.”
November 14, 2022

Flutter Entertainment Shows Good Growth In Q3 Revenue Report

Flutter Entertainment has just unveiled their Q3 revenue report showing a 31% increase from Q3 2021. The company reported revenue of £1.89 billion which translates to $2.18 billion. Flutter attributes most of its success to a quickly expanding U.S. market that grew 82% to £598 million as well as their acquisition of Sisal. Of the revenue reported, £1.14 billion was from sports revenue and gaming revenue followed with £748 million. A quote from the Flutter’s Chief Executive states, “We are really pleased with our performance in our US division since the start of the NFL in September where we are now averaging over 1m players on a regular NFL Sunday. In addition, we are seeing an increase in customer retention rates as our parlay products continue to […]
November 11, 2022

Light & Wonder Posts Positive Q3 Growth

The gambling product and service company, Light & Wonder, have just revealed their Q3 report showing positive growth of 20% from 2021. The company reported revenue of $648 million for Q3 with the help of SciPlay which hit a new quarterly record. ABITDA also grew 16% from 2021 to $235 million as Light & Wonder continue their expansion into the gaming sector. A quote from the companies CEO Matt Wilson states, “With the sale of the Sports Betting business, we have rapidly delivered on our promise to transform our business and streamline our organization… We have a unique collection of assets that are powered by games, technology, and our amazing teams. Our strengthened balance sheet pits us in a great position to build on our […]