Hacksaw prices Nasdaq IPO, targets €2bn valuation
Hacksaw IPO Nasdaq launch values the game tech firm at €2bn, with trading set to begin on 25 June.
Finance
BetMGM raises FY 2025 forecast to $2.6bn net revenue
BetMGM FY 2025 guidance upgraded after sustained growth across iGaming and sports betting through mid-Q2.
PointsBet rejects Betr’s $1.05 offer in favour of MIXI’s $1.20 cash bid
PointsBet rejects Betr offer after due diligence, backing MIXI’s $1.20 per share cash deal as the superior proposal.
DraftKings adds 50¢ fee per wager in Illinois
DraftKings will charge a 50¢ transaction fee in Illinois due to rising taxes on Illinois sports betting fee.
Inspired secures £270m in senior notes, adds £17.8m credit line
Inspired Entertainment financing now includes £270m in senior notes and a fresh £17.8m revolving credit facility.
Allwyn revenue hits €2.24bn in Q1 2025, up 6%
Allwyn Q1 2025 results show 6% revenue growth and 7% GGR increase, with steady EBITDA despite UK transition costs.
Hacksaw’s €137m revenue surge drives Nasdaq IPO plans
Hacksaw IPO Nasdaq: The game supplier’s 2024 revenue more than doubled as it gears up for a Stockholm stock market debut.
Lottomatica joins STOXX 600 after €2bn 2024 revenue excerpt
Lottomatica STOXX inclusion follows €2bn in revenue and €39bn in bets, setting it up for more institutional visibility.
BetMakers’ Las Vegas move to add $4m in revenue
BetMakers Las Vegas deal for LVDC to unlock $4m in annualised revenue and expand pari-mutuel services across Nevada.
PointsBet calls trading halt ahead of MIXI acquisition update
PointsBet trading halt in place as market awaits update on MIXI acquisition, trading to resume by 5 June 2025.
Analyst recommendations of publically traded online gambling companies – Top 20 – March 2025
This analysis reviews analyst recommendations and performance developments for the top 20 online gambling companies.
Weekly stock watch - 23.05 to 30.05 – Kambi on top
Online gambling stocks edged up 1%; Kambi surged 7% on solid Q1 results, while Catena tumbled 9% after disappointing earnings.
Intralot Q1 2025 revenue up 10.9% to €94.4m
Intralot Q1 2025 results show €94.4m revenue, €30.2m EBITDA and €48.9m cash flow boost from renewed global contracts.
Cirsa Q1 EBITDA climbs to €178.8m, up 9.1% YoY
Cirsa Q1 2025 results show 9.1% EBITDA growth and online revenue now accounts for 22.7% of group total.
OPAP Q1 2025 results climb on €595m revenue surge
OPAP Q1 2025 results hit €595m in revenue, with online casino and a mega Tzoker jackpot driving growth.
Acroud Q1 2025 revenue grows 3% to €9.8m
Acroud Q1 2025 results show 3% revenue growth but sharp EBITDA drop amid Brazilian market disruption.
Weekly stock watch - 16.05.2025 to 23.05.2025 – Raketech on top
Raketech rose 4% on strategy updates, while Codere fell 9% after a Nasdaq delisting warning over late filings.
Codere Online appeals Nasdaq delisting over delayed 20-F filing
Codere Online delisting risk rises after 20-F delay, but firm files appeal and seeks stay from Nasdaq.
Light & Wonder sets $2B AEBITDA and $10.55 EPSa target by 2028
Light & Wonder 2028 targets include $2B AEBITDA and over $10.55 in EPSa, doubling 2024 figures and boosting shareholder value.
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