Gambling.com Group Q3
The top line Revenue up 37% YoY to $10.1m while adj. EBITDA was down 14% YoY at $3.5m. NDCs were down 4% to 27k. Casino revenue at $7.97m (up 25%), sports revenue at $2.1m (up 142%), other revenue down 58% at $194k. Cash balances post-IPO stood at $53.2m. Westward ho: The third-quarter figures for the […]
Sportradar nets NBA 10-year deal
Sportradar Q3 The top line Revenue up 30% YoY to $158.7m (€136.8m) and adj. EBITDA up 21% to $24.2m (€20.9m). During the period, Sportradar completed its Nasdaq listing raising $546m. FY21 revenues expected at between $641-644m, adj. EBITDA at $115.4-117.7m. US revenues up 119% to €19.6m, RoW betting up 24% to €78.6m and RoW AV […]
Winter is coming
This is what happens when an intense period of heavy marketing hits the top lines of the recipients of the largesse. If you wanted to make money out of the boom in US sports-betting – and the smaller boom in igaming – then being an affiliate is a good place to start. But in talking […]
Wynn Interactive analyst reaction
Non-stick SPAC: The news that Wynn Resorts and the Austerlitz SPAC vehicle had mutually agreed to terminate their merger didn’t come as too much of a shock for the analysts following the comments earlier in the week from Wynn’s results call. The deal announced in May would have valued Wynn Interactive at $3.2bn but Wynn […]
Penn National Gaming analyst update
Don’t hold back: Compliments don’t come much more backhanded than in the Deutsche Bank note issued today, which upgrades Penn National to a hold from a sell on the basis of its “massive underperformance” against its regional gaming peers. “Since our downgrade, and after numerous character assassinations, we stuck with our sell rating, because it […]