bet365 financials y8 - BONGDATV

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Reports from last fiscal year show that Bet365 generated revenues of over $4.31 billion which is up 19% over the previous year. The metrics revealed a 15% increase in sports betting revenue while gaming revenue spiked 31% during 2022-23.

The analyst's take: Bet365's 2022-23 financial results. 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.

Bet365, one of the world's largest and most well-known companies in the gambling industry, released its profit reports for the 2023 fiscal year. According to the available data, the company reports an increase in overall earnings, but a failure to secure profits.

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