The American Gaming Association (AGA) reported that commercial gaming revenue in the United States was $14.31 billion in the first quarter of 2022 This is a new first quarter record, nearly matching the all-time quarterly record, which was set in the fourth quarter of 2021 ($14.35 billion). Total commercial gameRead More →
Bally’s posted revenue of $548.2 million for the first quarter of 2022, up significantly year-over-year due to the addition of a number of acquisitions, including Gamesys. Revenue increased by 185.1% compared to the first quarter of 2021, which was before the completion of Bally’s £2.0 billion merger with online gamesRead More →
Brisbane-based solutions provider Data#3 reported nearly $1 billion in revenue for the first half of the fiscal year, boosted by nearly 35% growth in cloud revenue public. The company’s overall revenue increased 16.6% to $999.3 million and said its public cloud business grew 34.8% to $466.7 million. Gross profit roseRead More →
Chennai-based baby care startup Baby Amore has raised undisclosed external funding from GetVantage, a revenue-based finance fintech platform and marketplace. Revenue-based financing refers to the practice of raising funds based on current business revenues. It is a loan that can be repaid by pledging part of the income of theRead More →
WEB ONLY Chennai-based baby care startup Baby Amore announced on Monday that it has raised an undisclosed sum in external funding from GetVantage, a revenue-based finance fintech platform and marketplace. Founded in 2019 by Hameed Imthad and Abdul Wahab, Baby Amore offers “eco-friendly, organic and sustainable” baby products that areRead More →
Gaming Innovation Group (GiG) recorded revenue of €17.0m (£14.5m/$19.7m) for the third quarter of 2021, an increase of 19.7% over at the same time last year. Revenue reported by GiG, however, has been adjusted to not include revenue and costs from an unnamed platform client. He did not name thatRead More →
Gambling revenues in Sweden increased by 10.2% year-on-year in the second quarter of 2021, thanks to the growth of the country’s online gambling sector. Total market revenue – player stakes less winnings paid out – for the three months to June 30 was SEK 6.51 billion (£548.2 million/€637.8 million/755. $5Read More →
Revenue-based funding giant GetVantage has invested an undisclosed amount in healthy snack brand Eat Better to meet the growth funding needs of the start-up launched in August 2020. The funds will primarily be invested to fuel expansion with a focus on marketing and new product launches in the coming months.Read More →