Operator bet365 posts £2.85bn in 2022 revenue, profit down significantly

Operator bet365 has posted revenue of £2.85bn ($3.38bn) for the financial year ended 27 March 2022. The figure, which was mainly due to the success of the group’s gaming operations, is a 3% increase from the prior-year period. Sports gaming revenue declined by 2% year-on-year, with gaming revenue climbing by 25% year-on-year. As noted by bet365, the latter was margin-based, with the total amount wagered increasing and the number of ...