Entain: ‘We’ve delivered’
Entain H1 The top line Net gaming revenues were up 11% to £1.79bn ($2.48bn) while revenue of £1.77bn was up 12%. Underlying EBITDA up 12% to £401.1m. Online revenue up 29% to £1.56bn (the 22nd quarter of consecutive growth). Ex-Germany, online growth was 38%. Retail was down 46% to £191.3m with continued Covid-related closures. BetMGM […]
Catena talks up incubator markets
The top line As prefigured in early April, Q1 revenues soared 53% to €40.7m while adjusted EBITDA nearly doubled to €25.1m. Operating cash flow increased by 85% to €20.8m. Revenue derived from casino rose 54% to €25.3m (62% of total) while sports revenue was up 64% to €14.4m (35% of total). Financial trading revenue fell […]
Rush Street hopes to make permanent waves
The top line Revenue increased 218% to $111.8m for a net loss of $76,000, representing a contraction on the $12.9m net loss in the prior year period. Adjusted EBITDA losses hit $15.1m compared to $1.1m in Q120. Advertising and promotional expenses amounted to 36% of revenue at $40.5m, compared to $8.5m the prior year. Monthly […]