Sweden 50 2025 The annual report on the most valuable and strongest Swedish brands IKEA remains most valuable Swedish brand despite 22% fall to SEK135.9 billion + Currency exchange changes widen export potential but shrink domestic spending power + Gambling brands surge in value, Evolution Gaming doubles in value to SEK11.2 billion + ICA leads the Swedish brand strength index, showing convenience beats sheer scale + SAAB soars 45 % on NATO-driven defence demand and new European contracts Contents | Foreword ...

Core Viewpoint - DraftKings has lowered its revenue guidance for 2025 and missed first-quarter revenue estimates, but the company still shows potential for growth despite recent challenges [4][5][10]. Group 1: Financial Performance - DraftKings reported revenue of just over $1.4 billion for the first quarter, reflecting a growth rate of 20%, which was slightly below the nearly 22% growth anticipated by analysts [4]. - The company has lowered its revenue guidance for 2025 to approximately $6.3 billion, a decrease of $150 million from previous estimates [5]. - Monthly unique payers (MUPs) have increased significantly from about 900,000 at the end of 2020 to 4.3 million in the most recent quarter, indicating strong user growth [2][13]. Group 2: Market Reactions and Analyst Outlook - Despite the lowered guidance, DraftKings' stock rose over 2% after the earnings release, suggesting that investor sentiment remains relatively stable [11]. - The average drop in price targets among analysts was less than 1%, with new price targets averaging over $55 per share, indicating a potential upside of 55% compared to the closing price on May 21 [12]. - Analysts maintain a Moderate Buy rating for DraftKings, reflecting confidence in the company's long-term prospects despite recent setbacks [15]. Group 3: Industry Context and Future Potential - The March Madness betting outcomes negatively impacted DraftKings, as higher-seeded teams won 82% of the time, leading to significant losses for the company [10]. - The company expects its adjusted gross margin to increase by 300 basis points in 2025 compared to 2024, indicating potential for improved profitability [13]. - DraftKings currently operates online sports betting in about half of the U.S. states, presenting substantial opportunities for future expansion [14].

Core Insights - Stanley Druckenmiller's Duquesne Family Office has been active in the first quarter of 2025, adding new positions and increasing existing ones [3][4] Group 1: Taiwan Semiconductor Manufacturing (TSMC) - TSMC was one of Druckenmiller's largest bets, with a 457% increase in shares to 491,265 [7] - The stock experienced a decline but rebounded due to strong first-quarter results, with revenue up 41.6% year over year and earnings per share increasing by 60% [8] - Despite a slight dip in sales from the previous quarter, demand from major customers suggests potential for modest growth [9] - TSMC's largest customer, Nvidia, saw Microsoft increase its capital expenditures by 53% year over year, indicating strong demand in the semiconductor sector [10] Group 2: Flutter Entertainment - Druckenmiller increased his position in Flutter Entertainment by purchasing over 1 million shares, making it the 11th-largest holding in the portfolio [11] - Flutter's FanDuel brand grew monthly users by 11% year over year to 4.3 million, capturing a 43% market share in the U.S. sports betting market [11] - The company launched a cross-promotion for FanDuel, boosting monthly iGaming users in the U.S. above 1 million, with first-quarter revenue from iGaming growing by 32% year over year to $472 million [12] Group 3: Docusign - Druckenmiller initiated a new position in Docusign valued at $87.5 million, making it the 10th largest position in the portfolio [14] - Docusign's revenue grew by 7% year over year, with subscriptions accounting for 97% of first-quarter revenue [14] - The company reported a gross margin of 78.9% and free cash flow of $232.1 million, representing 33% of total revenue [15]

TORONTO, May 16, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), is providing this bi-weekly update on the status of a management cease trade order granted on May 1, 2025 (the "MCTO") by its principal regulator, the Ontario Securities Commission (the "OSC"), under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"). On May 2, 2025, the Company announced that there would be a delay in the filing of its annual financial statements, m ...

High Roller Technologies (ROLR) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Ben Clemes - CEOSeth Young - SVP - Corporate Strategy & IR Conference Call Participants None - Analyst Operator Good afternoon, everyone, and welcome to High Roller Technologies first quarter twenty twenty five Earnings Call. Before I turn the call over to the High Roller Technologies CEO, Ben Clemens, I'd like to remind you that this conference call will include forward looking statements within the meaning ...

Financial Performance Overview - High Roller Technologies reported total revenue of $6.8 million for Q1 2025, reflecting a 4% increase compared to the same period last year, with a gross win margin of 4.8%, up by 4.3% year-over-year [4] - The net loss for the quarter was approximately $3.3 million, with a net loss ratio of $0.39, which is 50% greater than the previous corresponding period [4] - The operating loss increased compared to the previous corresponding period, primarily due to a marketing overspend of approximately $4.1 million, a 50% increase from the previous year [5] Business Lines and Market Data - The affiliate brand Casino Room contributed nearly $1.6 million in revenue during Q1 2025, maintaining an affiliate-only model in emerging and non-core markets [15] - The company added over 750 new games to its casino library, bringing the total to over 5,300 games from more than 90 providers [6] - High Roller added 30,000 new active depositing customers, representing a 34% increase from the previous corresponding period [7] Strategic Direction and Market Focus - The company is focusing on high-potential regulated markets, specifically targeting Finland, Ontario, and Alberta for future expansion [9][10] - High Roller has submitted its initial licensing application to Ontario, which is one of the largest regulated markets globally, with a total addressable market opportunity of nearly $2.5 billion annually [11] - Alberta has passed legislation to establish a framework for online gaming, which aligns with High Roller’s strategic focus on regulated markets [12] Management Commentary on Future Outlook - Management expressed optimism about the future, highlighting the strategic organizational and operational realignment plan aimed at focusing on high-potential markets [5][9] - The company expects cash flow and margins to increase in the second half of 2025 as it reallocates capital to growth market opportunities [6] - Management emphasized the importance of partnerships, particularly with Spike Up Media, to drive customer acquisition and enhance marketing effectiveness [19] Other Important Information - The company is undergoing a brand identity refresh in anticipation of its regulated market expansion [6] - A strategic advisory board has been established to assist with the transition and optimization of operations [5] Q&A Session Summary Question: Future market expansion beyond mentioned markets - Management indicated excitement about future market expansion, leveraging industry connections and data insights to make strategic decisions [26][27] Question: Plans to add sports betting - Management confirmed that while the primary focus is on casino operations, they plan to add sports betting as a secondary revenue stream when it becomes relevant [28][29] Question: Impact of organizational operation agreement plan - Management noted positive outcomes from the strategic initiatives, with expectations for growth in regulated markets like Ontario and Finland [30][31] Question: Concerns about capital and potential capital raise - Management reassured that current capital is expected to sustain operations through the year without the need for an additional capital raise [38]

Core Viewpoint - High Roller Technologies reported a 4% year-over-year revenue increase in Q1 2025, while also acknowledging a widened operating loss as part of a strategic shift towards high-potential regulated markets [5][6][12]. Financial Performance - Q1 2025 revenue reached $6,770,886, up from $6,507,000 in Q1 2024, marking a 4% increase [5][14]. - The net loss for Q1 2025 was $3,276,000, compared to a net loss of $1,849,000 in Q1 2024, resulting in a net loss per share of $(0.39) versus $(0.26) [6][12][14]. - Active users increased by 34% year-over-year, reaching nearly 30,000 [6]. Strategic Initiatives - The company is executing a strategic plan focused on regulated markets, which includes winding down operations in non-growth markets [2][5]. - High Roller has submitted its initial licensing application to enter Ontario's regulated online gambling market, with plans to launch in H2 2025 [2][5][6]. - A brand refresh and marketing spend reallocation are underway in anticipation of market expansion [6]. Operational Highlights - The company added 761 new games, bringing its total portfolio to over 5,300 games from more than 90 providers [6]. - Leadership was strengthened with the hiring of industry veterans, including Emily Micallef and Seth Young [6]. Market Position - High Roller Technologies operates in the rapidly expanding multi-billion dollar iGaming industry, offering a diverse portfolio of online casino games [8]. - The company aims to capitalize on the momentum in regulated markets, particularly in Canada and Finland [2][3].

Gambling.com Group (GAMB) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Company Participants Peter McGough - SVP, IR & Capital MarketsCharles Gillespie - Co-Founder, CEO & Chairman of the BoardElias Mark - CFOJeffrey Stantial - Managing Director - Gaming & LeisureBarry Jonas - Managing DirectorDavid Katz - Managing DirectorClark Lampen - Managing Director Conference Call Participants Ryan Sigdahl - Partner & Senior Research AnalystChad Beynon - Managing Director, AnalystMike Hickey - Equity Research Analys ...

Gambling.com Group (GAMB) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Speaker0 Greetings, and welcome to the Gambling. Com Group First Quarter 20 20 5 Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Peter senior vice president, investor relations and capital markets. Thank you, sir. You may begin. Speak ...

Core Viewpoint - The Alcohol and Gaming Commission of Ontario (AGCO) is urging media platforms to cease promoting unregulated online gambling and sports betting sites, specifically targeting Bodog, to protect Ontario residents [1][4]. Group 1: Regulatory Context - Bodog, operated by Il Nido Inc., is an offshore gambling operator that is actively advertising to Ontarians while blocking access for players in Quebec and Nova Scotia [2]. - Under the Gaming Control Act, 1992, online gambling sites must register with the AGCO and sign an operating agreement with iGaming Ontario to operate legally in Ontario [3]. - The regulated igaming framework in Ontario mandates comprehensive requirements for game integrity, player protection, anti-money laundering, and information privacy [3]. Group 2: Media Responsibility - By airing advertisements for Bodog and other unregulated operators, legitimate media platforms are inadvertently legitimizing high-risk sites and causing confusion among Ontarians [4]. - The AGCO is calling on media platforms to remove ads for unregulated gambling sites to mitigate risks and support the sustainability of Ontario's regulated igaming market [4]. Group 3: AGCO's Commitment - The AGCO is dedicated to protecting Ontario players and ensuring a safe gaming experience by promoting regulated igaming sites [6]. - The AGCO plans to collaborate with partners both locally and internationally to combat unregulated gambling sites and safeguard the public [5].