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The land-based and online casino operator has recently acquired BarStool sports and more than quadrupled its Q1 net income.

The company also revealed that adjusted EBITDA losses were down to $8.7m, the lowest it has been for over 15 months.

Flutter’s average monthly players increase by 30% and revenue increases by 54%, showing strong growth during the first quarter.

Meanwhile, MGM China posts $610m in net revenue. 

During Q1, PointsBet’s US operations recorded a total net win of AU$29.5m, representing growth of 101%.

The operator's net income also increased, totalling $155.7m against 2022’s $42.1m.

The group also saw a 75% increase in earnings per share, with the price at the close of Q1 being €0.28 ($0.31).

The group has also seen its EBITDA increase by 30% annually.

Following its Q1 results, Kindred Group has initiated a strategic review, opening the company up for merger and takeover opportunities.

Sports betting supplier sees solid yearly revenue growth, mainly crediting US performance, and only just down from Q4 if one-off Penn payment taken out of equation. CEO highlights Latin America…