The operator stated ‘there are uses for our capital more accretive’ to shareholders, such as stock buy backs, as part of an official statement released on 19 May.
Beginning with the UFC Fight Night event on 22 March, NetBet will maintain a significant presence in the octagon, on UFC’s international broadcast and across digital platforms.
The company reported $14.05bn in revenue during FY2024, representing an increase of 19% from the prior year period while adjusted EBITDA managed to grow by 26% to $2.4bn.
The net loss represents a decrease of 135.4% year-over-year, primarily attributed by the release of $940m of valuation allowance against deferred tax assets associated with REIT leases in 2023.
President and CEO Bill Miller stated that the Association invested nearly €453.3m in responsible gaming initiatives throughout 2024 as fear of illegal operations continues to grow.
The affiliate reported that lower-than-expected partner activity in the US, as well as an accelerated slowdown in Brazil factored into the changes made.
The advertisement includes Rock passionately speaking to a group of athletes in a locker room setting to promote certain markets including football, darts and horse racing.
Flutter Entertainment CEO Peter Jackson sits down for an exclusive interview at G2E 2024 about the current gaming landscape and the company’s plan for 2025.