"revenue" Tag Results

UK Operators Feel the Pinch of Stricter Betting Environment

Last week, Flutter announced that its adjusted earnings before interest, tax, depreciation, and amortization fell to £1 billion in 2021. This represented a notable 18 percent drop for the company which owns renowned gaming brands including Paddy Power and FanDuel. According to the company’s leadership, the drop was mainly due to the ongoing efforts to […]

By Matt Sinclaire

Seven Racecourse Bookies Fined for Underage Gambling Violation

February 5, 2020

The United Kingdom is not relenting in its fight to clean up the industry by ensuring that the gaming industry plays by the rules. Recently, a previous violation came back to haunt seven of the country’s racecourse bookmakers. All seven will be forfeiting at least 2.5 percent of a year’s worth of their gross profits […]

By Matt Sinclaire

Bet365 Posts 10 Percent Annual Revenue Bump to £2.98B

December 19, 2019

Renowned online gambling operator Bet365 has recently released its annual revenue report for the financial year ending March 31, 2019, and it is very impressive. The report shows that the company saw an increase in operating profit and revenue both of which are thanks to some of the company’s successes in the year. For instance, […]

By Matt Sinclaire

UK Online Gambling Revenue Plunges for the First Time

December 5, 2019

The United Kingdom Gambling Commission (UKGC) has recently released revenue statistics for the gambling industry. The report was quite interesting, to say the least, especially because of some of the rather unusual aspects. However, the most notable aspect of it all was the 0.3 percent year-on-year decline of the industry’s gross gambling yield in the […]

UK Operators Feel the Pinch of Stricter Betting Environment

Seven Racecourse Bookies Fined for Underage Gambling Violation

Bet365 Posts 10 Percent Annual Revenue Bump to £2.98B

UK Online Gambling Revenue Plunges for the First Time