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Crazy Sports Group Strengthens Market Position

Crazy Sports Group Strengthens Market Position

Crazy Sports Group Limited (HK:0082) has released an update.

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Crazy Sports Group Limited reported a 8.9% growth in paid sports information revenue and a 4.0% increase in monthly active users in the first half of 2024, driven by their AI technology and sports lottery retail strategy. Despite overall revenue dropping by 23.7% due to strategic adjustments, the company narrowed its losses by 40.1%. The firm also boosted its brand through high-profile sports events, including a boxing championship that drew over 300 million viewers.

For further insights into HK:0082 stock, check out TipRanks’ Stock Analysis page.

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