Online Gambling Quarterly Magazine - Summer 2025 edition - out now
The new Summer 2025 edition of the Online Gambling Quarterly is now available and features numerous analyses focusing on the Asian markets.
Finance
Kalshi hits $2B valuation with $185M Series C
Kalshi Series C round raises $185M, pushing the event trading platform’s valuation to $2B with backing from Paradigm and Sequoia.
Hacksaw valued at €2bn in Nasdaq Stockholm debut
Hacksaw Nasdaq listing sees €2bn valuation as trading begins with 50 million shares offered.
Danske Spil hits DKK 1.28bn gross revenue in Q1 2025
Danske Spil Q1 2025 gross revenue reached DKK 1.28bn with growth in lottery and betting, but earnings after tax slightly dropped.
CIRSA plans €400m raise in Spanish stock market debut
CIRSA IPO Spain eyes €400m in fresh capital and debt cuts to fuel growth across global gaming markets.
Brightstar Lottery to serve 90 customers after IGT rebrand
Brightstar Lottery launch marks IGT’s shift to a pure play lottery firm, serving 90 clients across six continents.
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.
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.
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