The analyst’s take: Bet365’s 2022-23 financial results

Jan 17, 2024 · A key theme of Bet365’s revenue report for FY2022-23 was its investment into the US market. Ed Birkin, senior analyst at H2 Gambling Capital, believes this outlay could end up …

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Bet365 Returns To Profit In 2023/24 FY Despite Stoke FC Losses

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Jan 6, 2025 · This marked a 9% increase on the operator’s 2022-23 revenue of £3.41 billion. The earnings report said Bet365’s betting and gaming revenue had also increased 9% year-on …

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Bet365 Reports Record Profits And Losses - Ipepper.news

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Bookmaker bet365 has released its financial report for the 2022-2023 fiscal year, revealing a record revenue of £3.39 billion. According to the UK Gambling Commission, these profits mark …

ipepper.news

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Bet365 Reports £61.2m Loss Despite Revenue Growth For Financial …

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Bet365 Reports £61.2m Loss Despite Revenue Growth for Financial Year 2022-2023. 8 January 2024 By Karol Petersen. ... Analysts have noted the positive revenue growth and Bet365’s …

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Bet365's Report Losses Of £61.2m In 2022/23 Despite Growth

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Jan 8, 2024 · In conclusion, Bet365’s financial year 2022-23 is a tale of resilience, strategic investment, and sustained growth against the backdrop of headline losses. The numbers may …

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Bet365 Revenue Climbs 19% But Rising Costs Results In £60m Loss

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Jan 9, 2024 · However, costs did bite at the privately owned firm, with 2022’s operating profit of £41.7m sinking to a £24.5m operating loss. This translated into a pre-tax loss of £60.2m …

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Bet365 Reports Over £61m Loss In 2022-23 Despite Revenue Rise In

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The analyst's take: Bet365's 2022-23 financial performance. Online Gambling Quarterly: Bet365 and Stars Group headed for most. Still not getting limited by bet365 - RebelBetting …

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Number Of Registered Voters And Ballots Cast November 8, …

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November 8, 2022 General Election Results Bergen County MUNICIPALITIES s st st st st Allendale Boro 5,597 2,959 53% 478 57 Alpine Boro 1,578 830 53% 160 53 Bergenfield Boro …

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Bet365 Revenue Ticks Up, But Profit Plummets - IGB

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Jan 6, 2023 · Bet365’s revenue ticked slightly up in 2021-22 as gaming growth offset a sports betting decline, but increased customer acquisition costs in new markets led to an almost 90% …

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FAQs about The analyst’s take: Bet365’s 2022-23 financial results Coupon?

How much did Bet365 lose in 2022-23?

Bet365 reported a £61.2m (€71.0m/$77.6m) loss during its 2022-23 financial year despite posting an increase in sports betting and gaming revenue. The loss comes in contrast to a £42.8m profit posted in the previous year. Bet365 put the loss down to an increase in costs across the business during the 52 weeks to 26 March 2023. ...

How did Bet365 perform in 2022?

Bet365 results reported that revenue from sports and gaming for the year ended 27 March 2022 was up by 2.9% year-on-year to £2.85bn. The increase was mostly due to the success of its gaming operations. Sports gaming revenue was down by 2% from 2020-21, while gaming revenue was up by 25%. ...

Will Bet365's investment in the US market pay dividends?

A key theme of Bet365’s revenue report for FY2022-23 was its investment into the US market. Ed Birkin, senior analyst at H2 Gambling Capital, believes this outlay could end up paying dividends. While the most prominent figure in the operator’s report was its £61.2m (€71.0m/$77.6m) loss, Bet365 also recorded significant revenue growth. ...

How much money does Bet365 make in 2021-22?

This would suggest sports betting revenue for 2021-22 of around £2.30bn, while gaming revenue would fall around £546m. Bet365 RESULTs SHOW revenue was up by 2.9% year-on-year to £2.85bn. ...

What happened to Bet365 results show revenue?

Bet365 RESULTs SHOW revenue was up by 2.9% year-on-year to £2.85bn. The operator said that the decline in sports betting revenue was margin-based, as the total amount that was wagered increased and the number of active customers was up by 48%. ...

How much money did Bet365 make in FY23?

bet365 has filed its latest financial report revealing revenues of £3.39 billion ($4.3 billion/€3.9 billion) for FY23 which ended on the 26th of March 2023. ...