tiprankstipranks
Trending News
More News >

NorthStar Gaming Reports Strong Q1 2025 Results with Revenue and Margin Growth

Story Highlights
NorthStar Gaming Reports Strong Q1 2025 Results with Revenue and Margin Growth

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1