iBET ETF Insights: After the recent announcement that Wynn Macau’s gaming license will be reinstated, the operator has announced new plans for their casino. The official announcement shows that Wynn Macau will put forward MOP 4.8 billion (US $596.4 billion) into Wynn Resorts Macau (WRM) as well as implementing some new changes. A quote from […]
6 Original Macau Operators Get Licenses Reinstated6 Original Macau Operators Get Licenses Reinstated
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6 Original Macau Operators Get Licenses Reinstated Macau has just announced over the weekend that they will be reinstating the licenses for their six casinos. The six casinos are, Sands China, Wynn Macau, Galaxy Entertainment, MGM China, Melco Resorts, and SJM Holdings. The new licensing will help to ensure local employment is good while also […]
New Jersey October Handle Posts $1 Billion, Online Casinos Break RecordNew Jersey October Handle Posts $1 Billion, Online Casinos Break Record
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iBET ETF Insights: A new report has come out from New Jersey about sports betting and online gaming and the numbers are up. The numbers provided by the New Jersey Division of Gaming Enforcement (DGE) show that the state has yet again pulled over $1 billion for their betting handle, totaling $1.06 billion. Sportsbooks in […]
Raketech iGaming Company Reports Q3 RevenueRaketech iGaming Company Reports Q3 Revenue
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iBET ETF Insights: The iGaming company, Raketech, has just unveiled their revenue numbers for Q3 and the company is posting some solid growth. The report from Raketech shows revenue at €12.9 million which translates to $12.8 million, a 35% increase from its prior Q3. Raketech also made good strides with adjusted EBITDA jumping up 17% […]
Flutter (FLTR LN) Entertainment Shows Good Growth in Q3 Revenue ReportFlutter (FLTR LN) Entertainment Shows Good Growth in Q3 Revenue Report
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iBET ETF Insights: Flutter Entertainment has just unveiled their Q3 revenue report showing a 31% increase from Q3 2021. The company reported revenue of £1.89 billion which translates to $2.18 billion. Flutter attributes most of its success to a quickly expanding U.S. market that grew 82% to £598 million as well as their acquisition of […]