EGaming Review

Paysafe Reports Second Quarter 2023 Results; Raises Full Year Outlook

Retrieved on:

Tuesday, August 15, 2023

Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE), a leading payments platform, today announced its financial results for the second quarter of 2023.

Key Points:

Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE), a leading payments platform, today announced its financial results for the second quarter of 2023.
Paysafe defines net leverage as the calculation of net debt (total debt less cash and cash equivalents) divided by the sum of the last twelve months (LTM) of Adjusted EBITDA.
For the period ending June 30, 2023, total debt was $2,575.8 million and cash and cash equivalents was $206.7 million, and LTM Adjusted EBITDA was $423.9 million, respectively.
For the period ending December 31, 2022, total debt was $2,643.5 million and cash and equivalents was $260.2 million, and LTM Adjusted EBITDA was $410.0 million, respectively.

NeoPollard Interactive Congratulates the Virginia Lottery for Its "Lottery Operator of the Year" Award From EGR

Retrieved on:

Monday, December 5, 2022

"This award represents the hard work Lottery employees, in partnership with the NPi team, have done to achieve such strong results and notable growth," said Kelly T. Gee, Executive Director of the Virginia Lottery.

Key Points:

"This award represents the hard work Lottery employees, in partnership with the NPi team, have done to achieve such strong results and notable growth," said Kelly T. Gee, Executive Director of the Virginia Lottery.
By reaching $1.37 billion in FY 2022 top-line sales in its second year of operation, the Virginia Lottery secured its position as the fastest-growing U.S. iLottery program ever.
These new games are powered by NPi's NeoDraw Interactive Central Gaming System, a core component of the company's best-in-class iLottery solution.
Born in the digital domain, NeoPollard Interactive LLC ("NPi") is an award-winning supplier of best-in-class iLottery solutions to the North American lottery market.

BallStreet Trading Wins Innovation in Esports 2022 at EGR Innovation and Marketing Awards

Retrieved on:

Wednesday, June 15, 2022

The Hurlingham Club, IGaming Business, Industry, Riot Games, NEW, Attention, EGaming Review, Exhibition, EGR, Marketing, Growth, The Economist, Video game

NEW YORK , June 15, 2022 /PRNewswire/ -- BallStreet, a leading provider of free-to-play prediction markets, today announced that its flagship product BallStreet Trading has been honored by eGaming Review (EGR) as the winner of its 2022 Innovation in Esports at the EGR Marketing and Innovation Awards held at The Hurlingham Club in London, England. This was BallStreet's first full year operating inside esports and the first year being nominated for the award.

Key Points:

NEW YORK, June 15, 2022 /PRNewswire/ -- BallStreet, a leading provider of free-to-play prediction markets, today announced that its flagship product BallStreet Trading has been honored by eGaming Review (EGR) as the winner of its 2022 Innovation in Esports at the EGR Marketing and Innovation Awards held at The Hurlingham Club in London, England.
This was BallStreet's first full year operating inside esports and the first year being nominated for the award.
The recognition acknowledges BallStreet's notable exhibition of growth, ability to innovate and differentiate, and overall quality of its product.
"Being recognized in our first year as an esports focused company by the EGR Innovation Awards is a tremendous honor," noted Scott San Emeterio, BallStreet CEO.

888 partners with ECOSEC to use biodegradable tamper evident bags at 888poker LIVE event series

Retrieved on:

Thursday, April 28, 2022

Ahead of the event in Barcelona, 888poker will replace the essential, secure bags which were previously used with ECOSEC's biodegradable, tamper evident bags made from a Low Density Polyethylene (LDPE), which has an additive that makes the plastic oxo-biodegradable.

Key Points:

Ahead of the event in Barcelona, 888poker will replace the essential, secure bags which were previously used with ECOSEC's biodegradable, tamper evident bags made from a Low Density Polyethylene (LDPE), which has an additive that makes the plastic oxo-biodegradable.
This will be the first time that the Group or any major operator in the sector incorporates biodegradable chip bags at an event.
All chip bags will be branded with the 888poker and 888poker LIVE logos, and players will be able to share their progress in the tournament by using the QR code printed on the bags and tagging 888poker and #888pokerAgainstPlasticPollutionduring the event.
Its mission is to create initiatives and collaborations that allow organisations to economically replace plastic bags with biodegradable alternatives.

888 partners with ECOSEC to use biodegradable tamper evident bags at 888poker LIVE event series

Retrieved on:

Thursday, April 28, 2022

Ahead of the event in Barcelona, 888poker will replace the essential, secure bags which were previously used with ECOSEC's biodegradable, tamper evident bags made from a Low Density Polyethylene (LDPE), which has an additive that makes the plastic oxo-biodegradable.

Key Points:

Ahead of the event in Barcelona, 888poker will replace the essential, secure bags which were previously used with ECOSEC's biodegradable, tamper evident bags made from a Low Density Polyethylene (LDPE), which has an additive that makes the plastic oxo-biodegradable.
This will be the first time that the Group or any major operator in the sector incorporates biodegradable chip bags at an event.
All chip bags will be branded with the 888poker and 888poker LIVE logos, and players will be able to share their progress in the tournament by using the QR code printed on the bags and tagging 888poker and #888pokerAgainstPlasticPollutionduring the event.
Its mission is to create initiatives and collaborations that allow organisations to economically replace plastic bags with biodegradable alternatives.

PointsBet Wins Top Sports Betting Operator Honors at EGR North America Awards 2022

Retrieved on:

Wednesday, April 27, 2022

Deloitte, ADW, Sport, Growth, Marketing, Gambling, EGaming Review, Australian Securities Exchange, Exhibition, EGR, Online gambling

DENVER, April 27, 2022 /PRNewswire/ -- PointsBet, a premier global online gaming operator and the leading sportsbook for live betting, was recently honored by eGaming Review (EGR) as the top sports betting operator at the EGR North America Awards 2022, marking the second consecutive year the company has won the award.

Key Points:

DENVER, April 27, 2022 /PRNewswire/ -- PointsBet, a premier global online gaming operator and the leading sportsbook for live betting, was recently honored by eGaming Review (EGR) as the top sports betting operator at the EGR North America Awards 2022, marking the second consecutive year the company has won the award.
"Being recognized for the second consecutive year as the top sports betting operator at the EGR North America Awards is a tremendous honor the PointsBet team does not take lightly," noted Johnny Aitken, PointsBet USA CEO.
PointsBet is a corporate bookmaker listed on the Australian Stock Exchange with operations inAustralia,the United States,CanadaandIreland.
PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients innovative sports and racing wagering products, advance deposit wagering on racing (ADW) and iGaming.

Paysafe wins ‘Payments Provider’ 2022 EGR North America Award

Retrieved on:

Wednesday, April 27, 2022

Paysafe (NYSE: PSFE), a leading specialized payments platform, won in the Payments Provider category at the EGR North America Awards , held last night at the Midtown Loft & Terrace in New York City.

Key Points:

Paysafe (NYSE: PSFE), a leading specialized payments platform, won in the Payments Provider category at the EGR North America Awards , held last night at the Midtown Loft & Terrace in New York City.
The eGaming Review (EGR) Global media groups 2022 EGR North America Awards celebrated the gaming operators and service providers like Paysafe that have excelled in their business areas over the last 12 months.
Over the last year Paysafe also consolidated its status as the go-to payments provider for Canadian gaming operators.
Zak Cutler, CEO of North America iGaming at Paysafe, said: Were delighted to retain our Payments Provider of the year title at the 2022 EGR North America Awards.

Ontario's Legal Online Gambling Market Kicks Off With a Bang

Retrieved on:

Wednesday, April 13, 2022

NEW YORK, April 13, 2022 /PRNewswire/ -- It's official, Ontario's online sports betting went live on April 4 and bets are already rolling in. On Monday, 16 gambling operators were operational in the province, while others have registered with the Alcohol and Gaming Commission of Ontario, but have yet to secure an agreement with iGaming Ontario. Online sportsbook PointsBet saw its first big wager just 50 seconds into the launch and with a population of approximately 15 million, Ontario is expected to generate about $800 million in gross revenue this year. Monday's launch means Ontarians can now wager on casino games, sporting events and other gaming activities, creating an exciting opportunity for online gambling companies like Bragg Gaming Group (NASDAQ:BRAG) (TSX:BRAG), Rush Street Interactive (NYSE:RSI), Penn National Gaming (NASDAQ:PENN), MGM Resorts International (NYSE:MGM), and Gan Limited (NASDAQ:GAN).

Key Points:

The new partnership represents Bragg's third agreement to provide its PAM platform to an iGaming operator for the Dutch market and its fifth agreement to provide online gaming content to this market.
The company's debut in the Portuguese iGaming market marks its seventh regulated launch in a European country since April 2021.
The Ontario online gaming market offers a significant opportunity for Bragg Gaming's cutting-edge content and platform technology.
The combined market for iCasinos and online sports betting in Canada is estimated to be over US$2 billion in 2022 according to H2 Gambling Capital.

Ontario's Legal Online Gambling Market Kicks Off With a Bang

Retrieved on:

Wednesday, April 13, 2022

NEW YORK, April 13, 2022 /PRNewswire/ -- It's official, Ontario's online sports betting went live on April 4 and bets are already rolling in. On Monday, 16 gambling operators were operational in the province, while others have registered with the Alcohol and Gaming Commission of Ontario, but have yet to secure an agreement with iGaming Ontario. Online sportsbook PointsBet saw its first big wager just 50 seconds into the launch and with a population of approximately 15 million, Ontario is expected to generate about $800 million in gross revenue this year. Monday's launch means Ontarians can now wager on casino games, sporting events and other gaming activities, creating an exciting opportunity for online gambling companies like Bragg Gaming Group (NASDAQ:BRAG) (TSX:BRAG), Rush Street Interactive (NYSE:RSI), Penn National Gaming (NASDAQ:PENN), MGM Resorts International (NYSE:MGM), and Gan Limited (NASDAQ:GAN).

Key Points:

The new partnership represents Bragg's third agreement to provide its PAM platform to an iGaming operator for the Dutch market and its fifth agreement to provide online gaming content to this market.
The company's debut in the Portuguese iGaming market marks its seventh regulated launch in a European country since April 2021.
The Ontario online gaming market offers a significant opportunity for Bragg Gaming's cutting-edge content and platform technology.
The combined market for iCasinos and online sports betting in Canada is estimated to be over US$2 billion in 2022 according to H2 Gambling Capital.

BetRivers Launches Regulated Online Casino and Sportsbook in Ontario

Retrieved on:

Monday, April 4, 2022

Rush Street Interactive, Inc. (NYSE: RSI) (RSI), a leading online casino and sports betting company in the United States, today announced that its award-winning BetRivers online casino and sportsbook are live in Ontario, Canada.

Key Points:

Rush Street Interactive, Inc. (NYSE: RSI) (RSI), a leading online casino and sports betting company in the United States, today announced that its award-winning BetRivers online casino and sportsbook are live in Ontario, Canada.
The BetRivers online casino also offers fun and unique loyalty and bonusing features for qualifying players, while the BetRivers online sportsbook offers sports fans the opportunity to place single-game bets and single-game parlays on numerous leagues worldwide such as the NHL.
iOS users can access the BetRivers online casino and sportsbook via iOS app in the Apple App Store, affording easy access to a comprehensive selection of gaming options.
RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States.