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The latest update is out from Northstar Gaming Holdings Inc ( (TSE:BET) ).
NorthStar Gaming Holdings Inc. reported a strong start to 2025 with significant revenue growth and margin expansion in the first quarter. The company saw a 32% increase in revenue and a 58% rise in gross margin compared to the same period in 2024. This growth is attributed to product and promotional innovations, as well as a focus on high-value players. The company also launched new games and tournaments, and integrated analytical tools to enhance player experience. A new credit agreement is expected to support further growth initiatives, while regulatory developments in Alberta may present new opportunities for expansion.
More about Northstar Gaming Holdings Inc
NorthStar Gaming Holdings Inc. is a Canadian company that operates NorthStar Bets, a casino and sportsbook platform. It is known for delivering a premium gaming experience with a focus on high-stakes players. The platform offers a curated selection of popular games and exclusive sports betting options.
Average Trading Volume: 143,737
Technical Sentiment Signal: Sell
Current Market Cap: C$5.89M
Find detailed analytics on BET stock on TipRanks’ Stock Analysis page.