Playtech noted an excellent start to the year with unaudited Adjusted EBITDA greater than €100m in the first quarter of 2022 said the company in an announcement on Thursday, which led shares to rise 5.2% to 541p. Playtech’s excellent start to the current financial year has continued since the FY 2021 results were disclosed on […]

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Flutter Entertainment stated that strong US momentum continues, while ex-US performance is in line with market expectations, resulting in revenue growth of 6%, led by ongoing recreational player momentum, with average monthly players up 15%, in its Q1 2022 trading update on Wednesday. Flutter Entertainment reported group revenue growth of 6% from £1.49bn to £1.57bn […]

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British sports betting and gambling firm Entain plc (LON:ENT) has seen its shares freefall after casino operators MGM Resorts International announced it does not intend to submit a revised proposal for the firm, which snubbed an $11 billion takeover deal earlier this month. Entain, previously known as GVC Holdings – which owns Ladbrokes and Sportingbet […]

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FTSE 100 listed sports betting platform, Flutter Entertainment (LON:FLTR), watched its shares add 13% on Thursday, as it announced that it had entered into a conditional agreement to acquire a 37.2% interest in New York-based gambling company, FanDuel. The deal would see Flutter Entertainment take over the stake currently held by Fastball for a consideration […]

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