Tag Archives: Hard Rock Digital

888 Holdings has confirmed its strategic exit from the US market, selling all associated B2C assets to Hard Rock Digital (HRD). In March, 888 notified investors that it had initiated a strategic review of its US B2C business, “considering all available options”. The decision saw 888 announce that it had mutually agreed to terminate its Sports Illustrated (SI) Sportsbook and …

Playtech Plc declares that it has achieved all corporate objectives of an ‘exceptional year’ for the FTSE250 technology group.  Publishing its FY2022 results, Playtech achieved a record revenue result of €1.6bn, up 33% on like-for-like 2021 comparatives of €1.2bn. Year trading saw Playtech B2B and B2C units continue to register growth within regulated markets, generating respective revenue results of €632m …

Playtech Plc has notified investors that it has agreed to purchase ‘a low, single-digit percentage stake in Hard Rock Digital (HRD)’ –  the online gambling subsidiary of US entertainment and leisure group Hard Rock International (HRI).  The investment will amount to $85m (€80m), and will be used to fund HRD’s global expansion plans to the benefit of Playtech’s commercial pipeline …

Genius Sports has outlined that its US-focused expansion strategy is on course, having experienced significant growth in the third quarter of 2021 and striking partnerships with a number of major betting operators. Publishing its Q3 2021 trading update, the NYSE-registered sports data and technology provider detailed group revenue of $69.1 million, a 70% increase on the previous year’s figure of …