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Expanse Studios Signs Content Distribution Deal with MerkurXtip to Accelerate European B2B Growth
Globenewswire· 2025-11-29 12:46
Core Insights - Expanse Studios, a subsidiary of Golden Matrix Group, has entered into a strategic content distribution agreement with MerkurXtip, enhancing its presence in regulated European markets [1][2][3] Company Overview - Expanse Studios specializes in B2B iGaming content, offering a portfolio of 56 proprietary titles and powering over 1,300 casino brands across Europe, LATAM, and North America [5][8] - Golden Matrix Group operates globally through B2B divisions and B2C operations, including various online gaming platforms [8] Partnership Details - The agreement will integrate Expanse's successful titles into MerkurXtip's online and land-based network via the Bragg Gaming aggregation platform [2][3] - This partnership reflects the rising demand for localized gaming content and aims to drive growth through quality content and scalable B2B distribution models [4][5] Market Position - MerkurXtip operates over 100 retail shops in Southeast Europe and is part of the internationally recognized Merkur Group, known for its gaming technology and entertainment systems [7][8] - The collaboration is expected to deliver exceptional value for both Expanse Studios and MerkurXtip, aligning with their vision of constant innovation in the gaming sector [5][6]
FUN88 lanza una gran campaña de Black Friday: grandes descuentos y ahorros
Prnewswire· 2025-11-29 04:42
Accessibility StatementSkip Navigation CIUDAD DE MÉXICO, 28 de noviembre de 2025 /PRNewswire/ -- FUN88 se complace en anunciar la promoción más esperada del año: el [BLACK FRIDAY]: GRANDES DESCUENTOS Y MEGA OFERTAS. Todos los miembros tendrán acceso a grandes descuentos, bonificaciones exclusivas y recompensas sorpresa para una amplia gama de productos. Detalles de la promoción del Black Friday de FUN88: Continue Reading FUN88 [BLACK FRIDAY] - Flat 80% OFF + UP TO 8,888 FREE BONUS POINTS FUN88 es una empres ...
Earnings Estimates Moving Higher for Rush Street Interactive (RSI): Time to Buy?
ZACKS· 2025-11-28 18:21
Rush Street Interactive, Inc. (RSI) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earning ...
Roblox Corporation (RBLX) Down More Than 19% Since Q3 Results, Wall Street Maintains a Positive Opinion
Yahoo Finance· 2025-11-28 16:58
Core Viewpoint - Roblox Corporation (NYSE:RBLX) is identified as an under-the-radar stock with significant upside potential heading into 2026, despite a recent share price decline of over 19% following its fiscal Q3 2025 earnings release [1] Financial Performance - For fiscal Q3 2025, Roblox reported a revenue increase of 70.30% year-over-year, reaching $1.92 billion, which exceeded consensus estimates by $221.89 million [3] - The company reported an EPS of negative $0.37, which was better than expected by $0.14 [3] - Management anticipates a full-year net loss between $1.10 billion and $1.13 billion, higher than the Bloomberg consensus estimate of $1.09 billion [3] - For fiscal Q4, the expected net loss is projected to be between $1.35 billion and $1.40 billion, also above the $1.34 billion estimate [3] Analyst Ratings - Brian Pitz from BMO Capital reiterated a Buy rating on Roblox with a price target of $155 on November 19 [2] - Cory Carpenter from J.P. Morgan also maintained a Buy rating on November 17, although no price target was disclosed [2] Market Engagement - Analyst Carpenter noted that Roblox's platform is gaining traction, with a year-over-year increase in user engagement [4] - Popular games on the platform, such as Steal a Brainrot and 99 Nights in the Forest, are expected to continue gaining momentum, supporting overall platform performance [4] Company Overview - Roblox operates an interactive platform that allows users to create, play, and socialize in immersive 3D experiences developed by a global community of creators [4]
SharpLink Gaming: How To Get Ethereum Exposure At A 17% Discount
Seeking Alpha· 2025-11-28 12:38
On October 1, I published an article titled "Why SharpLink Gaming Is My #1 Ethereum Bet Right Now," and I gave the stock a Buy rating because it was a good EthereumI prefer to look for GARP (growth at a reasonable price) stocks but also look for opportunities everywhere else. I don't have a specified time horizon. I invest in a stock for as long as my thesis holds true, and I get out when the facts change. In addition, I've developed market-beating algorithms with Python that have helped me find attractive ...
NorthStar Gaming Reports Third Quarter 2025 Results
Newsfile· 2025-11-27 23:30
Core Insights - NorthStar Gaming reported a year-over-year growth in both revenue and gross margin for Q3 2025, with ongoing operational improvements enhancing player experience and reducing expenses [3][6][9] Financial Highlights for Q3 2025 - Revenue reached CAD 6.9 million, a 4% increase from CAD 6.6 million in Q3 2024, including CAD 0.8 million from managed services, up 167% from CAD 0.3 million [6] - Gross Margin was CAD 2.4 million, a 14% increase from CAD 2.1 million in Q3 2024, with a gross margin percentage of 34.7%, up from 31.7% [6] - Profit before marketing and other expenses was CAD 0.2 million, improving by CAD 0.7 million compared to a loss of CAD 0.5 million in Q3 2024 [6] - General and administrative expenses decreased by 16% to CAD 2.2 million, representing 31.6% of revenue compared to 39.4% in Q3 2024 [6] - Marketing expenses decreased by 21% to CAD 2.3 million, representing 32.6% of revenue compared to 42.9% in Q3 2024 [6] Financial Highlights for YTD 2025 - Revenue for the nine-month period was CAD 23.3 million, a 17% increase from CAD 20.0 million in YTD 2024, including CAD 1.9 million from managed services, up 138% from CAD 0.8 million [6] - Gross Margin was CAD 8.9 million, a 32% increase from CAD 6.8 million in YTD 2024, with a gross margin percentage of 38.2%, up from 33.9% [6] - Profit before marketing and other expenses was CAD 1.5 million, improving by CAD 2.2 million compared to a loss of CAD 0.6 million in YTD 2024 [6] - General and administrative expenses were CAD 7.37 million, a slight decrease of 1% from CAD 7.42 million in YTD 2024 [6][7] Recent Operating Highlights - Launched "The Boost" website to enhance customer acquisition in Ontario [14] - Recognized at the Clio Sports Awards for innovative marketing campaigns [14] - Implemented enhancements to onboarding processes, resulting in 9% faster registration times and an 8% uplift in completion rates [14] Outlook - The company anticipates moderate top-line growth in 2026, focusing on optimizing player acquisition and retention aligned with financial resources and market conditions [9] - Management has developed a cash flow forecast indicating the ability to meet obligations, though there are risks related to potential breaches of debt-related covenants [10]
Super Group (SGHC) Falls Hard as UK Govt Slaps Higher Gambling Duties
Yahoo Finance· 2025-11-27 14:22
Group 1 - Super Group (SGHC) Limited's stock dropped by 6.74% to close at $10.93 due to negative investor sentiment following the UK's decision to increase gambling duties [1] - Effective April 2026, taxes on remote gaming will rise to 40% from 21%, and online sports betting levies will increase to 25% from 15% in April 2027 [2] - The new tax regulations are expected to have a 6% negative impact on Super Group's 2026 adjusted EBITDA, although the company supports the taxation measures [3] Group 2 - Super Group's CEO emphasized the importance of strict enforcement against non-paying offshore operators to protect the regulated sector's investments [4] - The company has prepared mitigation measures to offset the tax impact and maintains its strategy of sustainable growth and disciplined capital allocation [4]
Flutter says UK gambling duties to hit EBITDA by $320 million in 2026
Reuters· 2025-11-26 21:58
FanDuel-owner Flutter Entertainment said on Wednesday the UK government's plans to raise online gaming taxes will hit its adjusted EBITDA by about $320 million in fiscal 2026 and $540 million in 2027 ... ...
Bank of America Securities Remains Bullish on Sea Limited (SE)
Yahoo Finance· 2025-11-26 19:49
Sea Limited (NYSE:SE) is one of the best large cap stocks to invest in for the long term. Sea Limited (NYSE:SE) received a rating update from Bank of America Securities analyst Sachin Salgaonkar on November 18, who maintained a Buy rating on the stock and assigned a $200 price target. Is Sea Limited (SE) The Best Cash App Stock To Buy According to Hedge Funds? The rating update followed the company’s release of its fiscal Q3 2025 earnings, with total GAAP revenue for the quarter growing 38.3% year-over-y ...
DraftKings Launches Spanish-Language Experience for its Online Sportsbook and Casino
Globenewswire· 2025-11-25 13:00
The launch reaffirms the company’s dedication to a customer-first commitment while expanding its reach to a broader audienceBOSTON, Nov. 25, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ: DKNG) (“DraftKings”) today announced the launch of a Spanish-language experience available within the DraftKings Sportsbook & Casino app. This new functionality marks a significant step in DraftKings’ ongoing effort to deliver a product uniquely tailored to each of its customers’ individual preferences. “Today, Spanish ...