Financial News
News covering financial aspects of the betting and gambling industry, concerning loans, shares, property sales and general gaming company finances.
DraftKings posts $769.6m in revenue, though its net loss totals $397.1m
However, the US sports betting giant posted a $221.6m adjusted EBITDA loss.
DraftKings has posted its Q1 financial results, showing that it made $769.6m in total revenue – up 84% from 2022’s $417.2m.
Meanwhile, its adjusted EBITDA sat at a $221.6m loss, an improvement over Q1 2022’s $289.5m. However, this is a trend that is frequently seen with DraftKings, as it drives significant amounts in revenue yet makes a loss due to its...
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Elantil: The Game-Changer Redefining iGaming Infrastructure
With the majority of current online casino platforms being inflexible and filled with hidden inefficiencies, Elantil is a revolutionary new concept in the iGaming space built to remove barriers and...
With the majority of current online casino platforms being inflexible and filled with hidden inefficiencies, Elantil is a revolutionary new concept in the iGaming space built to remove barriers and...
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26 March, 2025
India: states hold authority over online gaming and betting laws, says IT Minister
In a recent parliamentary exchange, Union IT Minister Ashwini Vaishnaw emphasised that betting and gambling are constitutional state subjects, responding to a query from DMK MP Dayanidhi Maran about online gaming regulation.26 March, 2025
Premium mass strategy helps lift NagaWorld revenue for 2024
Facing facts: Nevada vs Macau
How is the Nevada gaming market faring against Macau? Gambli...Taking stock: Kicking off 2025
Gambling Insider tracks online casino operator and supplier...Responsible gambling: Who is morally, practically and legally responsible?
Within the ethical complexities of gambling, how much onus f...Account limits: Legality and fairness in the UK
Paul Sculpher, Director of GRS Recruitment and regular Gambl...Analysing sports betting data from the Australian Open
Sports betting supplier Betby provides Gambling Insider with...Company profile: Digitain
Discover Digitain: BUILT TO LEAD iGaming Solutions....Company profile: DS Virtual Gaming
For two decades, DS Virtual Gaming has been at the forefront...Exploring X Games' move to sports betting
Gambling Insider’s Megan Elswyth speaks to X Games CEO Jer...14 March, 2025
